capitalism
capitalism
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- PhanLo1
- Yes she's the best
https://www.qbn.com/…grafician - The squad aren’t gonna like thisGnash
- The squad probably got a little starte pack to keep them quiet. Nancy needs her ice creams.PhanLo
- Yes she's the best
- utopian2
A California restaurant shut on Thanksgiving after workers didn't show up, as hospitality staff continue resigning from the industry in droves.
https://www.businessinsider.com/…
A Big Fuck You...Pay Me, Corporate America!
- Projectile1
- PARKLIFE!Brabo_Brabo
- Buy pizza for the homeless.palimpsest
- okNonEntity
- uan4
- -OSFA
- nb1
Janet Yellen also tweeted:
"In its place, America will enter a competition that we can win; one judged on the skill of our workers & the strength of our infrastructure."
Oh boy
- Not that this isn't good news. Biden already doing more about China than Trump. Why are we sold the lie that Dems and Repubs are opposites?nb
- because of social and economic positions mostlymonospaced
- I mean they really are trying to get to the same goals. They just have different ways of imagining the journey. But yeah, socially, that means opposites.nb
- socially and economically I don’t think there are shared goals thomonospaced
- Funnily enough, as fucked as the US is, we are home to both the worst and the best people in many ways. We do have highly skilled strong workers.monospaced
- They are often overshadowed by the majority of low skilled, lazy ignoramuses.monospaced
- True. And a ton of hard-working, highly skilled Americans are recent immigrants, on H1-B or farm visas, etc.nb
- sure 100% true, but they ARE Americans, so ... kinda irrelevant, but great, point?monospaced
- (2018) "55% Of America's Billion-Dollar Startups Have An Immigrant Founder"
https://bit.ly/2V59z…grafician - Ppl come to the US to start shit because there's easy access to capital and easy growth with less regulation. Your infrastructure is shit, skills too.grafician
- utopian0
More than 41,000 people have signed petitions to stop Jeff Bezos from returning to Earth after his trip to space next month.
- CEO, entrepreneur
Born in 1964babydick - yahoo article ->
+5k for bothsted - where do I sign?MrT
- People are stupidmonospaced
- CEO, entrepreneur
- grafician1
"Meet Your New Landlord: Wall Street
Big investors transform suburban neighborhoods by buying up single-family homes and renting them out"
"A new breed of homeowners has arrived in this middle-class suburb of Nashville and in many other communities around the country: big investment firms in the business of offering single-family homes for rent. Their appearance has shaken up sales and rental markets and, in some neighborhoods, sparked rent increases."
- Yup, it's going to be full-on renter nation. Here in Denver you'll need at least $750k to get a starter home anywhere near the city. It's crazy.formed
- Rich get richer, poor get poorerformed
- So fuckedinstrmntl
- From what I've read is also very very hard to get building permits for new housing :))
America is so fucking dumb when it comes to bureaucracy...grafician
- Milan0
1) Combined share of total US wealth held by everybody except the richest 10%, 1990-2020.
2) The share of US wealth held by *just* the top 1%, 1990-2020.
What it means: 10% of Americans control *70%* of national wealth. And the top 1% own more than the bottom 90% COMBINED.
- Every time someone posts this or one of the other similar claims I wonder what point you think you’re making.Morning_star
- but the bottom 90% hold all the debt._niko
- @niko. Sorry but no. Most debt is held by educated, professional or management level people with families.Morning_star
- Everybody hates the rich until they become rich themselves, then they hate taxesgrafician
- Most people think, behave and vote as they'll be rich one day, but 99% stay poor.Milan
- You’ve just made that up. Rich is relative and hope is a good thing.Morning_star
- utopian0
American billionaires could fund two-thirds of Biden's COVID-19 relief package just using profits generated during the pandemic, a report shows.
The total wealth of US billionaires rose $1.3 trillion amid the pandemic, the ATF and IPS said.
This could fund two-thirds of Biden's $1.9 trillion COVID-19 rescue plan.
The momentum for measures that address wealth inequality has grown during the pandemic.
- Utopian, why is this a problem?Morning_star
- Amazing how we let these corporations get this big without paying taxes. This will literally cost us the world soon.grafician
- Yeah utopian, why is grotesque wealth concentration in a year where half a million of your citizens died and unemployment tripled a problem?i_monk
- You some sorta commi?i_monk
- i_monk, how are the wealth concentration and the current health crisis connected?Morning_star
- A ton of reasons...unemployme... businesses failings, then the trillions that are going out to support (which has only done a little to slow bankruptcies)formed
- How can anyone, for a nanosecond, not be disgusted with the wealth divide, the number of high(est) earners and corps pay pennies in taxes?formed
- Disgusted? Why should i be disgusted? I'm more disgusted by people who proselytise from the sidelines because of ill-perceived fantasy injustice.Morning_star
- Why are you fighting for the billionaires? Do you imagine they'll see your fealty and whisk you away in their blimps?i_monk
- Poverty and evictions are not fantasies. Pandemic debt that'll be repaid with austerity for everyone but the rich is not fantasy.i_monk
- Small businesses forced to close while billionaire-owned big boxes are deemed essential is not a fantasy.i_monk
- Profiteering on a crisis is not a fantasy.i_monk
- The fantasy is that it is somehow the responsibility of the wealthy to solve a public health crisis cause largely by political clowns and an ignorant populace.Morning_star
- You said 'injustice fantasy' so that's what I replied to. And I wasn't talking about the health crisis, I was talking about the economic crisis it's spawned,i_monk
- which they've profited immensely from, which they won't pay for.i_monk
- And if you think politicians aren't under the sway of these billionaires and their empty promises, you're just as ignorant as the people you look down on,i_monk
- What's the difference between the independent burger restaurant that's taken advantage of the lockdown and is doing very well delivering delicious food and...Morning_star
- ...the lockdown increase in Amazon orders?Morning_star
- My point is that there are winners and losers across the business spectrum. There are billionaires that have lost their shirts because they weren't agile...Morning_star
- ...enough to restructure their investments or business offerings and there are small business who have had to close because they lost all their custom. The...Morning_star
- ...suggestion that Covid has uniquely benefited billionaires and so they should foot the bill for the vaccine is ridiculous.Morning_star
- grafician1
"9 billionaires gained $360 billion in the pandemic
Bezos: donated 0.3% of pandemic gains to charity
Musk: gave 0.004%
Zuckerberg: gave 0.4%
Gates: gave 7%
Brin (Google): gave 0.3%
Page (Google), Ellison, Ballmer, Dell: 0 known donations"- It's pretty pathetic, particularly Bezos.
Zoom CEO gave away 6 billion....formed - Dorsey gave away 28% of his net worth, along with numerous other donations.formed
- greed is always good.utopian
- What do they do with it all?omahadesigns
- It's pretty pathetic, particularly Bezos.
- nb2
Some elderly Canadians who own second homes in the USA are flying to the USA to get the vaccine sooner.
Do you think this is an indication that the American healthcare system is better than Canada? Really?!!?
Your federal tax dollars are buying vaccines for Canadians.
Canadians in Canada are receving the vaccine according to need, just like Americans. Now, who is paying for this? The government. (In other words, everyone.) When something really bad hit, suddenly America adopted "socialized medicine." Why? Because it makes way more sense.
Anyway, the point is this: under the US system, without a doubt at least a few American citizens will die from COVID-19 because the government decided to give it to some Canadian landowners first, for free.
Nothing about that indicates a better healthcare system.
- is that how you see it? really? how about the illegal Mexicans, el Salvadorans, Guatemalans?hotroddy
- if USA denied vaccines for any immigrant base you'd be criticizing the health care system for being discriminatory.hotroddy
- criticize the Canadian health care for being slow and bloated. Don't criticize the USA for doing the right thing.hotroddy
- What? I’m not criticizing immigrants, man. I’m saying that giving wealthy retired Canadians the vaccine first isn’t a sign of a “better” healthcare systemnb
- Lol Canadian snowbirds aren’t immigrants. Good grief!nb
- what are you saying? Canadians shouldn't get it but Mexicans should?hotroddy
- everybody gets vaccinate. no questions asked. Stop trying to make it about wealth, nationality, or whatever insecurity you're hung up onhotroddy
- much better than a system that's asks for proof of citizenship.hotroddy
- and I have canadian buddies who are flying their parents down for it and don't own any landhotroddy
- utopian0
- 4-5 years ago when we were looking for VC the first investors we had were disappointed that our company didn't aimed for eu funds, 2 years later I learned why.sted
- The U.S. and Israel are always looking the other way, I wonder why?utopian
- Why would a scammer investor waste time meeting a tv crew?shapesalad
- "we don't want reporters calling us" meets reporter and has her in his car.shapesalad
- LOL everybody in israel knows about the diamond district and investment scams.renderedred
- diamond district is a cesspool of criminal activityrenderedred
- i_monk1
Workers in India last week launched a general strike that brought out an estimated 250 million people, arguably the largest in human history. Now, they’re joining hands with farmers to protest Narendra Modi’s pro-corporate, far-right agenda.
https://www.jacobinmag.com/2020/…
Hayoth they're coming for you:
- Those are communist flags, to be clear.i_monk
- well, you learn from your own mistakes. not from mistakes of others.hotroddy
- yeah but... 'nobody has ever properly attempted communism', hotroddy
*gigglePonyBoy - the irony is i_monk posted about buying a pimped up barbque . it was developed and financed by an apple executive. he was so stoked to have purchased it.hotroddy
- something you could only develop in capitalist americahotroddy
- Is that irony?i_monk
- This is you: https://i.redd.it/wh…i_monk
- ^the road to hell is paved with good intentions.hotroddy
- yes, it's irony and I was trying to be nice. I don't want your bbq to leave a bad taste by calling it hypocrisy.hotroddy
- I wonder how many cubans can afford that bbq?hotroddy
- How many Americans can afford it?i_monk
- You may be overestimating the weight your opinion carries, btw.i_monk
- I will go out on a limb and say many Americans can afford it. For the same reason the whole world now have smart phone.hotroddy
- ...developed, enginneered and created for the american market place which is the most lucrative in the world.hotroddy
- does a cuban have the capital to A) develop it? and B) a market place to sell it inhotroddy
- Shopify became the biggest company in socialist canada ONLY because of it's access to American capital and businesseshotroddy
- I will go out on a limb and say a third of Americans couldn't afford it.i_monk
- I will also go out on a limb to say the 60 year embargo on Cuba should be the first consideration in any comparison of Cuba and capitalism.i_monk
- I don't have to go out on a limb to say Canada isn't socialist.i_monk
- cuba is the only true remaining communist country left. Which is why I compare it. Like all former communist countries, they are dying to go capitalisthotroddy
- but USA embargo won't let them unless there is a transition of power from an oppressive authoritarian regime to a fully democratic state.hotroddy
- so thanks to the 'embargo' they remain communist and poorhotroddy
- venezuela in contrast didn't have an embargo, and had the highest oil revenues in countries history for 20 years. Look at it now. 5 million people have fledhotroddy
- it's nice to talk fantasy, discuss how everyone will live, rich and happy under communism. and communist blame the system for it's failure..hotroddy
- ..when in reality it's the individual that is flawed. which is why it will never work in practicehotroddy
- Where does this flaw go when capitalism is the status quo? Miraculously cured?i_monk
- Why isn't capitalism condemned when capitalist economies/countries implode? Why isn't widespread poverty in the richest capitalist countries taken as evidencei_monk
- of deep flaws?i_monk
- Venezuela may not have been embargoed but it was sanctioned, Bush attempted a coup in 2002, etc. US has been fucking with Latin America for a century.i_monk
- You cheer on iphones and bbqs, but who put the first satellite and man in orbit? And when the US followed, wasn't it Nasa not a private capitalist?i_monk
- How many trillions of the global capitalist economy come directly from state-funded research in public universities?i_monk
- US has been helping Latin America by getting rid of all the dictators. Example: Panama is way better off today after removing a drug smuggler from power in 89hotroddy
- They tried to do the same for Venezuela in 2002 but unfortunately failed. Look at it today. Sanctions started in 2019.hotroddy
- USA funded Chavez's revolution for 15 years by buying their over priced shitty oil.hotroddy
- Venezuela is modern mad max. No security, no local currency, nothing to eat. no electricity, no water. They are worse than any country on African continenthotroddy
- China still buys their oil and the only argument they have is from ol' cuban handbook: 'USA sanctions' is the reason we live like animals and have nothinghotroddy
- Ironic you'd post on a day when reddit proved "the market will correct itself" is a lie sold to poor people.i_monk
- not sure what that is and a little off topic but ok.hotroddy
- utopian0
- Will hotroddy kindly provide us a list of free markets? Try not to include any companies or industries that get subsidies. Good luck with that Captain America!utopian
- Mr. Amazon Prime Member, before I answer, are we talking gov't subsidies? ie. Name vertical business that don't receive subsidies?hotroddy
- *vertical marketshotroddy
- @utopian. That’s the same type of dumb ass ‘clever’ comment as those that claim 60million humans died because of communism in the middle of the last century.Morning_star
- @utopian, how about big tech companies like apple, facebook, Microsoft and twitter? feels like gov't is always reaching into their pockets instead of vice versahotroddy
- How much did Apple pay in taxes again?formed
- Where is your list Captain America?
*Cricketsutopian - Pu up or shut up.utopian
- I already gave you 5 examples above, Mr. VIP Prime Memberhotroddy
- Would Mr. Gold Card Holding Amazon Member like more examples?hotroddy
- Where is your list I don't see it?utopian
- The 5th post from the top.hotroddy
- You mean all (4) of those companies that receive (state & federal) tax subsidies, have off-shore tax shelters and pay zero tax. Okay that capitalism, LMAO.utopian
- What federal subsidies do they receive? They are typically sued by the govt for anti trust. The fact that they have tax shelters is the opposite of socialism.hotroddy
- If they were run by the govt they’d be broke.hotroddy
- I don’t blame you for not knowing the difference. I blame the American public schools. I think we can agree they deserve more fundinghotroddy
- It is by no will of the govt they receive tax breaks. The govt would love to tax the shit out of them but for more $$$. But They have good CPAs.hotroddy
- Subsidies is when the govt willingly gives you money.hotroddy
- Like the steel industry or agriculture.hotroddy
- ...mr Amazon prime member. :)hotroddy
