We did in the 80s when you last were culture bombed about it. The textile industry is mostly in China now, and mostly automated, including cotton harvesting. Wool has some issues but animal cruelty tends not to register with you people, but poly blend clothing, which is by far the majority of clothing produced, has less human labor than most electronics manufacturing.

If it’s a shirt, there’s not really labor involved outside transportation.

deleted by creator

Must be nice to either accept the objectively worse sound quality of wireless headphones, or be wealthy enough to afford a product that sounds almost as good as the wired version does for ten times the price and just not care about it getting stolen.

Because Google is a monopoly and epic sued in the right places.

Except it’s new money that’s made up, and in the case of student loans, most of that money isn’t traded for goods and services, instead more than 3/4s of the money created goes back to the lender.

It doesn’t have to come out today tax payers pockets, that’s the entire thing. The money doesn’t exist, the debt doesn’t exist.

We made up this system specifically so we didn’t have to keep exact books, that’s the point of fiat currency over backed currency. If we don’t use its primary feature for good, ever, we may as well go back to the gold standard which would elimate nearly all banks and lenders at this point in the capitalist finite curve.

No it can be ‘magically’ erased, it was ‘magically’ created out of thin air with nothing backing it. The money doesn’t actually exist, the asset for non existent money can simply have zero value. Loans are erased this way literally constantly. In fact more loans are erased this way than actually paid, if only by volume and not purported value. This is what happens when you default and no value is reclaimed on a loan, or when one defaults on a healthcare bill with an arbitrary price tag.

There is absolutely no reason, whatsoever, the lender has to be made whole. That’s not a thing in other circumstances where loans lose all value and the money created for them disappears.

Why would it be government debt? Just cancel the loan, don’t pay it on behalf of the borrower.

No.

Stealing is usually defined as taking something that exists in a way that denies the original owner its use and grants the illegitimate owner its use.

This is how loans work in fractional reserve banking: loan provider has assets of $1 million, they loan out $10 million, having wholesale created the additional $9 million. If those loans are forgiven, but the original assets did not change, what has been stolen?

A fictitious amount of theoretical money.

If I make up an image, and I make a copy of that image that i send to you and you delete, but I get to keep the original, is that theft? No. Obviously not. Made up money is no different.