capitalism

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  • utopian2

    Good Oldé U.S.A. Crony capitalism at work!

    What is the STOCK Act? Senators Richard Burr, Kelly Loeffler Accused of Insider Trading as Calls Mount for Investigations

    https://www.newsweek.com/stock-a…

    • deathboy swallows another load.utopian
    • trading is the biggest scam in history. Hedge funds are the devils workGnash
    • Haha at least u got crony capitalism correct. However what is the difference between and pundit coming on news and doing opposite of what they say. Buffett adeathboy
    • Big fan of that. Dalio. Hell almost everyone with a mic. The question is does a blind investor deserve protection when they don't know enough to look out for thdeathboy
    • Emsrlves. So swallow that let ad and try to stay fashionable u silly little twitdeathboy
    • Personally I saw it coming as soon as China locked down. I will say it spread one month faster than I thought. However though it spread it didn't go community hdeathboy
    • Here yet. So just goes to show how things hardly go as planneddeathboy
  • sted4

  • i_monk-2

    • http://reductress.co…imbecile
    • well.. in venezuela you can't find any insulin after pharmacies were expropriated by gov't to reduce the prices on medicine.hotroddy
    • and now it doesn't matter whether or not you cannot afford bc you cannot find.hotroddy
    • Freedom Fighters!utopian
    • thats socialism perfectionism. its not in the interests of the town to subsidize one woman. but collectively they could cover her funeral costs for the biggerdeathboy
    • ACE socialism example!deathboy
    • all for one for the greater good!deathboy
    • i mean reductress is satirecolin_s
    • Yup, that's the only problem Venezuela has, perfect example. Oh, wait, did you miss the headline on the price gouging of insulin here in the US?!formed
    • people who use venezuela as the single defining example of implemented socialism are delusionalmonospaced
    • people who use Canada and Scandanavia as an example are equally delusional! AKA Bernie Sanders and Monocluelesshotroddy
    • Demographically speaking US is starting to look more like Brazil, Cuba and Venezuela.hotroddy
    • ummm ... I've never used Canada or Scandinavia as examples of anything ... delusional much?monospaced
    • demographically speaking, no it isnt'monospaced
    • lol.. you can't think of any concrete examples bc socialism works best in theory.hotroddy
  • shapesalad1

    Fascinating:

    • Very interestingyuekit
    • Some great history here, although I'm starting to get the impression the guy is a bit of a right-wing nutcase.yuekit
    • sum it up into whats fascinating. i have a this hunch that it might be hard to do.deathboy
    • and why would the guy be a right wing nutcase? does he choose a stance to support that, or one that you ,might not likedeathboy
    • despite the lengthy historical references of such stancesdeathboy
    • lets get really into it and not half stepdeathboy
    • This podcast and the newspaper he writes for seem to exist primarily for the purpose of being against China, as far as I can tell.yuekit
    • It was founded by the Falun Gong, which is a new age spiritual movement that was persecuted by the Chinese government. They may have good reason to hate Chinayuekit
    • and hate communism, just saying it is not exactly a neutral source.yuekit
    • a right wing nutcase is the definition to one who opposes chinese gov?deathboy
    • Are you just here to ask random contrarian questions? Read a bit about it and you'll see what I mean. https://rationalwiki…yuekit
    • i only skimmed the cast. but i didn't pick up on any cult shit. what i skimmed seemed like capt wow reason. he did seem opposed to communismdeathboy
    • by pointing out reasons why such systems always fail... more than likely skimming i missed something. or at least where you are coming fromdeathboy
    • true it's bias - but then the opposite of Chinese news papers is true, they are all owned by Chinese government. Read both, get a balanced indirect view.shapesalad
    • is it bias that his arguments make absolute rational sense? i read a lot about china. the bias and the not. need all sides to see the big picture.deathboy
    • i don't see any irrational bias standing out in what i heard. Perhaps you can display such bias as example from the clip?deathboy
    • I've fact checked him on the origins of "communism" and the "pornographer" guy was actually anti-communist. Coined the term criticizing a french philosopher.sarahfailin
    • https://en.wikipedia…sarahfailin
    • ?deathboy
  • Gnash0

    • https://gizmodo.com/…Gnash
    • Unions are regressive nowGnash
    • It's better the workers never leave the office.PhanLo
    • I can't believe they're complaining that union workers are getting baseline fair deals now, and dares call them "above and beyond." Embarrassing.monospaced
    • Unions support the self interests of themselves/members at the expense of non-union members. Using coercion to grow THEIR paying base.deathboy
    • What is a non union union member?monospaced
    • Corporations support the self interests of themselves/sharehold... at the expense of employees and the public.i_monk
    • Well imonk it depends at what expense you mean from employees and public. Expense of accepted wages or price among public?deathboy
    • You see the corporation (if not in bed with gov) needs to compete for employees/public monies. They have lot of competition based with ppl free to choose valudeathboy
    • unions are more of a monopoly regulating ppls ability to choose. What they do has much more adverse effects on gainful employment and public pricingdeathboy
    • The devaluation of labour since the 60s/70s means that choice is illusory for a lot of unionized industries; nobody else is going to fight for fairer wages.i_monk
    • Complaining about unions on those grounds is like saying equal pay for women removes their choice to be undercompensated.i_monk
  • utopian1

    Johnson & Johnson knew about cancer-causing asbestos ingredients in its products.

    https://www.washingtonpost.com/b…

    https://mashable.com/video/johns…

    • there was a class action lawsuit and they lost.pango
    • they settled, actuallymonospaced
    • that counts as a lost for me.pango
    • totally understood, but to the courts, the company and lawyers, it's anything but :)monospaced
    • and exxon knew about climate change 50 years agocolin_s
    • we are lucky the tobacco industry only recently discovered their product causes cancer.uan
    • and so lucky they invested some of the money they made in cancer clinics and treatments.uan
  • PhanLo1

    • wow. first positive post in this entire thread. this is progress for qbn.hotroddy
    • Innovation never sleeps. They'll be stand up hotels in the evening soon.PhanLo
    • I wonder if they still stink of piss.Morning_star
    • 100% they do Morning StarPhanLo
    • Boxes?freedom
  • colin_s0

    https://www.vox.com/the-big-idea…

    Is America’s future capitalist or socialist?

    Steve Pearlstein, author of Can American Capitalism Be Saved? and Bhaskar Sunkara, editor of the socialist journal Jacobin, debate.

    • According to Hayoth..we are a right slanted, sometime left to center fascist society that often confuses socialism with communism and masquerades as capitalism.utopian
    • Why one or the other? It seems to me that the most effective governments are those that are principled and progressive yet have strong opposition. The...Morning_star
    • ...tension/competiti... between the ideologies is what keeps both sides in check and striving for a common good.Morning_star
    • America has a future?PhanLo
    • lolMrT
    • i think socialism is the slow decay to any free society. death happens with all. think better to try and fight it as long as possible vs roll over and acceptdeathboy
    • death. isnt that what life is about. and jacobin while nicely designed has some of the worst writers. opinion and no backing. headlines with 2 page articlesdeathboy
    • that make no supporting arguments for the positions. again not too surprising since the material usually attracts the types that rather leave logic at the doordeathboy
    • But i do like Morning_Star definition of the best gov as a gridlocked system that gets nothing done. I agree with that. Be scared of any "achievement" touteddeathboy
  • utopian3

    So how is are those Trump tax cuts helping ya?

    • i̶s̶utopian
    • They helped me a lot. Did you give your tax cut back Utopian? Ohhh Right.....Hayoth
  • utopian1

    Five myths about capitalism

    Thirty years ago, in the face of a serious economic challenge from Japan and Europe, the United States embraced a form of free-market capitalism that was less regulated, less equal, more prone to booms and busts. Driving that shift was a set of useful myths about motivation, fairness and economic growth that helped restore American competitiveness. Over time, however, the most radical versions of these ideas have polarized our politics, threatened our prosperity and undermined the moral legitimacy of our system.

    https://www.washingtonpost.com/o…

    • why did you just copy and paste like 3 things? No personal insight, just pasta?deathboy
    • and why three posts? Selfish feel good motive? Or something else?deathboy
    • use your own words for once instead of copy pasta to explain why you personally dont like capitalism, you might see its because u like the security a govdeathboy
    • promises you in the same way a church promises usecurity in afterlife or that god is watching out for u and everythign is his will.deathboy
    • deathboy. he is sharing information for others to read. not just talking shit in the notes offering nothing. just fyiimbecile
    • lol. sharing information. i can copy pasta info all day to share. but is their value in that? no. this is sharing bias without even attempting to justify withdeathboy
    • any reason. you see back in the day when some cites others words they work it into their personal arguement to help simplify explanation on complex subjectsdeathboy
    • it also could be used against lazy to falsely give credence through superficial means. But nowadays we just get blind copy and paste as pretextdeathboy
    • of "sharing information" with no idea of reason or goals? ignoring all obvious bias? usually someone with a handle as yours i'd think is in jest.deathboy
    • sharing bias? lol, what are you smoking?monospaced
    • go ahead and copy / pasta then. just shut the fuck up otherwiseimbecile
    • so imbecile your preferred method is too spread the word of others with no understanding or contribution or even statement of reason why?deathboy
    • brilliant!deathboy
    • get that boy a bible!deathboy
    • and mono sharing bias is so obvious... are you smoking something... if you dont support trump do you share articles without own opinions or reason that supportdeathboy
    • him? I'd say historically you could go back and find that you do not. So as humans are they share what is good to them. The natural instinct that capitalismdeathboy
    • thrives on. How markets work. And yes markets can self destruct with idiots sharing bad things as good. Hence every non anti capitalist system who had leadersdeathboy
    • who knew better. i thought it was super obvious. perhaps to explain things you need a little more hand holding to walk you through it.deathboy
    • Hopefully that clears it up or if it doesn't can you try to be more explicit in where it doesn't seem to make sense.deathboy
    • you make almost no sensemonospaced
    • I was just laughing at the very idea that there is something called a "sharing bias" and that you're so fucking triggered by itmonospaced
    • I suggest you work on your sentence structure, grammar and spelling before you even THINK of implying people have comprehension issues. Seriously.monospaced
    • couldn't even copy / pasta correctly. smhimbecile
    • sharing is caringutopian
    • mono im absolutely positive you have comprehension issues because you lack all ability to back with reason what you defend. up there with flyin chariots of firedeathboy
    • imbecile... well i cant say your retort means a damn. Or even has any meaning. It is actually quite inconsequential. hate to state the obviousdeathboy
    • perhaps i shouldn't even state that. a vacuum being filled with pointless comments sucking others in. can a comment have any effect in making someone realizedeathboy
    • they have no stance. can you take the gay out of someone through prayer. can a tiger change his stripes. or is it all simply a biological hackdeathboy
    • i dont think any amount of reason can change you. it is what it is because it can not be any other way than it is.deathboy
    • but still im compelled to try. fully knowing a grocery list of reasons why but i cant seem to change my stripes neitherdeathboy
    • my comprehension is as good as anybody's ... the problem is that you are absolute shit at writingmonospaced
    • I can back up and defend anything I state, and I can do it in a way that is understandable. You, on the other hand, struggle with basic punctuation.monospaced
    • I was only asking what a sharing bias was. You went off on some insanely autistic, incoherent rant, then attempted (sadly) to make it about me.monospaced
    • good as anybodys... really objective mono. but ill give it to you i might seem to be shit and explaining ideas in LCD terms.deathboy
    • I would think a sharing bias is self explanatory like a "pretty sunset". forgive me for presuming too much about what i see as simple communicationdeathboy
    • but again i'll call upon your comprehension skills to try and communicate what confused you? i know my puntucation and grammar had no effectdeathboy
    • the "autistic, incoherent rant" lacked any relevance to punctuation or grammar. if anything, it shows a lack of comprehension and understanding while tryingdeathboy
    • debase it as incoherent. not with reason or merit but that you couldn't comprehend what im talking about. so you write it off. If i don't know what someone isdeathboy
    • is talking about usually i ask questions to clarify. i understand communication to be so much more than normally thought about being in advertising.deathboy
    • but than again i used "sharing bias" in this conversation, which u think triggered me... i triggered myself?deathboy
    • ... Some people wether neo nazis or christian fundamentalists are what they are. People think irrational and dumb crazy shit. thats human.deathboy
    • probably also try and have 2 kids while hoping to save the world driving a prius or tesla, ignoring the fact a new life greatly does more damage.deathboy
    • majority of people are largely ignorant assholes. and humanity is largely only benefited by a rare breed of individuals. i ever wonder if you think such thingsdeathboy
    • and can be comfortable knowing which side you are truely on.deathboy
    • I love how your junior high school educated ass is trying to school someone who has two higher degrees and writes for a living. You really are not good at this.monospaced
    • Your continued insistence that I have a comprehension issue says more about your inability to get across what you mean in a written form, not mine.monospaced
    • Ask ANYONE to read your gibberish, and they will agree. If anyone says your writing makes perfect sense, then they're blowing smoke up your ass.monospaced
    • i dont give a shit mono if you agree. i never expected you to. if you could only even humor the idea of what you know as absolutely wrong in pursuit of your idedeathboy
    • als. you could learn so much. however, i beleive you are not a scholar in such aspects. you are very simple in what you believe and how you livedeathboy
    • i do hardly engage with you because i believe such things. but since your still at and a human id like to challenge to to be betterdeathboy
    • what is the point of life if not to try to better society. Yes i could insult you and feel good about myself but none of that matters to me.deathboy
    • and i'd love a explanation of how your "two higher degrees" mean a damn. I mean after all are degrees nothing more than paper? I truely would lovedeathboy
    • to see how you justify your debt as a sucker to big banks who loaned money knowing it was guaranteeddeathboy
  • colin_s0

    also fuck capitalists

    • Why is socialism so great?Morning_star
    • It isn't perfect but it's better because ideally it helps everyone more than creates a culture of greed that snowballs into Donald Trump as presidentcolin_s
    • Personally I'm an anarchist but I get that's an untenable solution for our current state of affairs, yet to promote individualism in this day and age ...colin_s
    • ... is fucking insane. With the internet, automation and a bit of common sense, the world could be cared for in a non-destructive waycolin_s
    • Yet fuckers will always fall to greed because we're fucking idiot human pieces of meat with barely a lick of common sense and so capitalismcolin_s
    • Why is promoting individualism insane?Morning_star
    • Earpitalism you are driuing me arazyei_monk
    • @m_s because there are 9 billion people in this world and a half decent, rational and conscious species would not starve its own majoritycolin_s
    • ...for the sake of the excess of a few. The rich do not need as much as they have, and so much has been lost because so many are in constant paincolin_s
    • Individualism fuels this and our lack of being able to create a system that all benefit from, given what we have available, is frankly embarrassingcolin_s
    • @Colin. Do you have a political system in mind that could satisfy your/societies requirements?Morning_star
    • I think you need to read deeper into greed and look at evolutional behaviour and biology and exam what at a cellular level drives our greed for resources.shapesalad
    • Colin, ever heard of Mao?docpoz
    • Seems like a balance between capitalism and socialism is best. I currently promote socialism due to the current state of capitalism in this country.docpoz
    • I know many don't think it can coexist but NYC is a prime example of it working.docpoz
  • Gnash0

    • Don't let the dumb Muricans know about this.

      #MAGA
      utopian
    • #resistance is feudalGnash
    • #SerfdomUSAFax_Benson
    • plus they didn't drink tasteless water, but they drank Ale all day! even the kids!shapesalad
    • At least the president can't declare Prima Nocte... or can he?zarkonite
  • yuekit0

    • Eating cat shit; the new viral sensation sweeping the internet.bulletfactory
    • Expecting a youtube video on how to get rich that show the presenter rubbing themselves in cat poop.shapesalad
    • full circle full circle full circlecolin_s
    • Cat shit crazyjmckinno
    • Sufficient to get a catdrgs
  • yuekit0

    This is an interesting rundown of the Scandinavian tax system and how it differs from the U.S. People talk about the benefits, but they always ignore the revenue side.

    https://taxfoundation.org/how-sc…

    The key distinction is not necessarily that tax rates are so much higher but they are a lot more evenly distributed. Meaning that not just the rich are taxed at significant levels, but so is everyone.

    And of course in exchange for that you get a lot of benefits -- so it's arguably a win win overall.

    My question is could you ever really get Americans to agree to this.

    • I'd guess not enough. Maybe if you could flick a switch and have instant Scandinavian-level public services and infrastructure.Fax_Benson
    • we are also comparing a population of 330M to 21M.HijoDMaite
    • too many americans don't want that kind of coverage, and prefer to slowly kill themselves and pray to jeebus that their afflictions will go awaymonospaced
    • People in the US are suckers and used to falling for "free upgrades", so yeah, they would never comprehend "value".formed
    • Plus, half the country believes "socialism" is the devil, but a dictatorship is "ok".formed
    • A nation of Selfish Suckersformed
    • Hijo makes a good point. The USA is too big to get a consensus on anything. It's like getting the entire EU to agree on a universal system.monospaced
    • The last presidential election made this painfully obvious. Near big cities, people are rational and in favor of social reform. Elsewhere, not so much.monospaced
    • And regardless of political affiliation, Americans are rightly skeptical about how the government spends money. It's got a terrible track record.monospaced
    • American ideals at face value have always been anti-socialism. The words “liberty” and “freedom”, as corny as they may sound, are synonymous with America.HijoDMaite
    • Except in USA everyone is happy to suck from the system without contributing.hotroddy
    • don't compare apples to oranges. USA belongs in the same barrel of apples as Venezuela.hotroddy
  • shapesalad2

    Interesting concept:

    http://logo.pizza

    • $13365 in sales.shapesalad
    • Considering how many people churn out logo examples for portfolios in the hope of getting commissioned, logo pizza is a brilliant idea.shapesalad
    • i think it's brilliant, as well. this was posted before so there was some discussion on it.Gnash
    • All these template things are smart. I've seen some Wordpress, AF, etc., for $20 that look like they should cost $20k...then I see the sales and some of theseformed
    • kids are making a killing! I've seen logo things like this a ton cheaper, too, but it is super smart and still better than most logos out there anyway.formed
  • i_monk3

    This Is Just the Beginning

    https://splinternews.com/this-is…

  • utopian2

    Big Banks Are Once Again
    Taking Risks With Complex Financial Trades

    Big banks are skirting the rules on the sale of the complex financial instruments that helped bring about the 2008 financial crisis, by exploiting a loophole in federal banking regulations, a new report says.

    https://www.ineteconomics.org/re…

    https://www.npr.org/2018/06/19/6…

    • #MAGAutopian
    • ***airhorn blast***monospaced
    • Their pensions are also being traded like a commodity. Stupid fucks.monospaced
    • Don't worry, the GOP is going to de-regulate, that should help.formed
  • colin_s3

  • i_monk2

    • lolmoldero
    • funny but true!Gnash
    • even frequenting bars that are filled with poors can affect your credit riskGnash
    • happening in China right now. A new layer for the cake of classism.brandonp
  • Gnash2

    Between 1969 & 1970 this puppy earned $40 Billion dollars!

    (from this ny'er article:)
    https://www.newyorker.com/magazi…

    • (for xerox, obviously)Gnash
    • I remember my grandfather had one of these in his home office in the early '80s.monospaced
    • My dad bought a detached house in a fancy neighbourhood in Toronto for $19,500 back in '67. damn, $40 billion...Gnash
    • I like this post gnash. crazy figures.fadein11
    • seriously, mono? that's awesome. Curious how much they were.Gnash
    • @fadein, so you're saying you liked it better when women were only secretaries?Gnash
    • ;)Gnash
    • so ubiquitous now, but quite the revolution thenGnash
    • lol, those figures are insanefadein11
    • yeah, he was a doctor and had his practice in his brownstone ... I remember xeroxing things as a very early memorymonospaced