Recent comments in /f/jerseycity

Blecher_onthe_Hudson t1_j3xpciq wrote

Big difference between Capitalism and 'rent seeking', though the rent seekers spend a lot of effort trying to blur it.

My favorite podcast episode ever is 2 academic Libertarians arguing about whether Capitalism is inevitably corrupt and devolves into crony capitalism, and after an hour they basically gave up and conceded. They said any corporation that grows large enough reaches a point where the next dollar is better invested in "rent seeking", (e.g. buying influence, market protection and subsidies), rather than just growing their business. Any CEO who didn't do it would be replaced by the shareholders, or the company would be bought by investors recognizing it was "underperforming". Of course being Libertarians, their only solution is having a government so small that it can't hand out goodies. https://www.econtalk.org/michael-munger-on-crony-capitalism/

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less_drama_guy t1_j3xf0u1 wrote

It should be fine for most of the time until it may not. One night I was walking to Duncan avenue at McGinley square from the path around 12ish in the night. I was stopped by 5 heavily built and drunk dudes who asked me for money. I got super tense and gave them whatever I had.

I don't think I was mugged but definitely looked like they'd have hurt me if I didn't give them money. This was 5 years ago btw. Not sure how the area is currently. I vacated from that area within a few weeks.

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Ask-Downtown t1_j3xcmuw wrote

I go there often because there are no other alternatives in the area. That place is filthy and they only have ONE water fountain for the entire gym. Disgusting.

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Dismal_Estate_4612 t1_j3xbuu9 wrote

Both me and my gf have been making that walk at night for some time now and no problems - particularly coming home from work, there's generally always a decent amount of people around + tons of PA cops at Journal Square (for whatever that's worth). Very late at night it can get a bit empty on weeknights, but there's virtually always cabs/Uber available if you're feeling sketched (keep cash for cabs since it's a short ride).

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pmax2 t1_j3xaoi7 wrote

It's fine. You should always be aware of your surrondings but I've lived in the area for over 20 years and you are far, far likelier to be harmed by a loved one than a stranger. Use some common sense and you will be fine.

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