capitalism
capitalism
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- utopian8
The Pandemic Has Benefited One Group Of People: Billionaires
As millions suffer during pandemic, billionaires cash in
Roughly 75 percent of America's billiionaires have seen their net worth rise during the pandemic. Sixteen are worth at least twice as much now as they were in March.Over the last six months, roughly 3 out of 4 members of America’s 10-digit-wealth club have seen a rise in their net worths. Sixteen American billionaires are worth at least twice as much now as they were in March. And Jeff Bezos, who was already worth $113 billion at the start of 2020, is heading into the year’s final stretch $73 billion richer.
Michael Bloomberg and Charles Koch are both up by $7 billion, and Mark Zuckerberg has added another $46 billion to his already staggering $54 billion in wealth. Elon Musk found time between COVID truther tweets and CPAP machine donations to take his fortune from $25 billion to $92 billion.
Some billionaires have gotten richer as a direct result of the pandemic. Amazon, for example, was one of the few companies in the United States to expand as consumers locked down at home and avoided brick-and-mortar retail. Facebook, Google, Tesla and Microsoft have also boomed in the past six months, adding to the fortunes of their respective billionaire founders.
- So what? You want to have a look into how much the US benefited from the horror of the horror of WW2.Morning_star
- https://www.qbn.com/…PhanLo
- Where do you think money goes when pumping new dollars. To assets since it's the currency being devalued. Why retailers in on robinhooddeathboy
- U are only seeing some paper players but missing the system. But see how long it can last. Hell biden wants to out spend trump should push them even higherdeathboy
- renderedred3
- Such graphics do well to grow useful idiotsdeathboy
- Except the "shoot at you's" have been bumped down a notch and the "we fool you's" aren't priests anymore.toemaas
- ^from 1912, so not much of a change in a century, today it's the media/entertainment industry rather than priests.renderedred
- PhanLo6
- Paging utopianAQUTE
- https://i.imgur.com/…utopian
- ^^^ Found Deathboyutopian
- Pretty racist thing to saydeathboy
- Doesn't seem to be in my offshore bank account.JerseyRaindog
- utopian4
Big Tech, Out-of-Control Capitalism and the End of Civilization
- I laughed at the dramatization of this documentary. So ridiculous how one side it is.hotroddy
- people have said the same shit about video games, tv, music videos and countless other mediums.hotroddy
- when books came out people thought reading will limit your imagination and manipulate the way you think.hotroddy
- i_monk3
Researchers gave thousands of dollars to homeless people. The results defied stereotypes.
- So to hotel rooms and food... Seems about right. But nothign in the article seemed to talk about the long term effects or real resultsdeathboy
- the results are exactly what i would expectdeathboy
- great way to incentivize homelessnesshotroddy
- "Participants were screened for a low risk of mental health challenges and substance abuse." - so it just studied the ones who were more likely to have ...Morning_star
- Just needed Hayoth for the triple.PhanLo
- ... a positive outcome. It suggest that it didn't defy any stereotypes at all.Morning_star
- They are all snowflakes. There is an interesting Doc "Reversal of Fortune", from 15 years back, but with 100K USD. He blew it in like 9 months.toemaas
- imbecile1
- He should have taken it one step further, where both sets of blobs have costs their surplus have to cover to remain participants in the economy.i_monk
- wut?imbecile
- These blobs have no costs so Ø has no consequence. But in reality those four blobs would no longer be able to produce rockets after a few cycles.i_monk
- And allow the orange blobs to buy as many rockets as they can afford and see what happens.i_monk
- i understood. I just thought it was a lot to ask of a blob.imbecile
- Not really more complex than some of his other simulations.i_monk
- true, but what system will he then install to create fluctuation for each seller / buyer? how long before the middle men get eliminated?imbecile
- keeping it simple allowed him to illustrate the point of surplusimbecile
- imbecile2
- Deathboy still does.utopian
- ... why the fuck would I... Every post I have ever made suggests the opposite... Are u really that dense?deathboy
- It's shit like this that shows how little u understand if what Im saying. But I dont think u care or are concerned at alldeathboy
- Proof is in the puddindeathboy
- He's that densedeathboy
- utopian2
Kushner Biz Won $850 Million In U.S.-Backed Loans At Special Terms.
- Does any other hedge fund or company not take advantage of gov mac/mae loansdeathboy
- Kind of need to know more if special interest or just journo special interest click baitdeathboy
- And based on your sources nothing unusual...deathboy
- Perhaps you just don't like gov involved and political interest in typical free market transactions?deathboy
- Maybe u would prefer more laizze faire capitalism?deathboy
- Haha..rhetorical because us never answer but is the truthdeathboy
- You're talking to yourself man.PhanLo
- I know. That's the joke. Utopian just posts prop. Behavior days all paiddeathboy
- sarahfailin2
- I read this comic for free, suck it capitalist pig!i_monk
- sted14
- so good!!PonyBoy
- lol they've gone Vic BergerMrT
- +100Ramanisky2
- i wonder if that guy sells steaksimbecile
- Steaks only at Sharper Imagehelloeatbreathedrive
- thximbecile
- Do they also make snake oil?ridlerontheroof
- utopian5
Deutsche Bank shares plummet following FinCEN investigation
Deutsche Bank shares fell by nearly 9 percent, similar to other major banks around the world. Banks were accused of handling more than $2 trillion in dirty money for 18 years.
- PhanLo0
- short answer: no, covid won't kill globalizationsarahfailin
- imbecile10
- yet we keep voting to keep the status quomoldero
- Deathboy will be here in a moment to explain why it's fine.PhanLo
- The best is yet to come.bainbridge
- robber baron
noun
a person who has become rich through ruthless and unscrupulous business practicesTurboslacker - haha bainbridgeNairn
- (originally with reference to prominent US businessmen in the late 19th century).
"both political parties served the interests of the corporate robber barons"Turboslacker - We actually aren't in a capitalist society Utopian. Govt controls all of those industries.Hayoth
- deathboy math that's why!utopian
- Hayoth ... wouldn't you say that the government is capitalizing on these industries?monospaced
- capitalism is individual or privately owned mono. but a govt can control capitalism and it's still capitalism. so you're both wrong...kingsteven
- @mono Hayoth doesn't understand the GOP playbook. Cripple, blame, privatize.garbage
- I'll do the deathboy take, save him some valuable typing time:garbage
- "how can why because footnote socialism if even? clearly you what an an this mornings crayon tastes extra confusing how and"garbage
- 'effluent managerial conundrum is will can? no. steel drum band implant with a a a a a a a a a cock. education? explosion! pornography direction blitz'.face_melter
- I was joking.monospaced
- 1978 prime rate = approx. 12%
2020 prime rate = 0.25%
...the root problem is that money is too cheap to borrowspot13 - lol @ "steel drum band implant"hgarbage
- The solution is simple; invest so the CEOs work for you. Don't be bitchin' from your poverty kitchenBustySaintClaire
- ^ hahhaahhahaa. Did you vote on the CEO's salary or golden parachute? Right.formed
- It's sad when peasants defend the richMaaku
- embarrassing eveninteliboy
- @inteliboy "if inteliboy even is your real name doubtul consider changin it if what it all is very what obvous now that of course emancipation is more patience"garbage
- eh?inteliboy
- oh sorry lol I see you're in characterinteliboy
- 'CEO's work for you'. What popping, pink, and glistening, planet are you on? Do you shit shoepolish with all that fucking boot you lick?face_melter
- well there isnt really any one all answer but gov financial engineering. take edu as example. before gov got involved higher edu cost wasn't so highdeathboy
- but when gov backs student loans, and funds colleges a system of waste is created. there is incentive for banks to loan and push a narrative college is a mustdeathboy
- and lobbying for fed funds and spending and expanding with so much waste and rolling costs all onto tuition prices no one cares about since banks created culturdeathboy
- not to think about it. medical care increased because again not free markets. its absolutely fucked in culture thinking people need insurance and using equivaldeathboy
- ent of oil changes. than there is medicare pricing setting market prices and other gov interests. here's an interesting quick read of an inside trickdeathboy
- https://surgerycente…deathboy
- housing prices increase directly related to markets and interest rates. failed states like CA pushing people out with high higher values to buy in cheaper markdeathboy
- ets. if interests rates go up asset prices will drop because borrowing costs are higher. but still need to equilibrate to exoduses in new markets.deathboy
- 10% worker raise is not a real good measure. I don't believe 10% since 1978 just looking at minimum wage from 1978 to today. like 500% in some markets.deathboy
- need more info on that one. but im guessing purchasing power. less money goes farther nowadays. so less increases in wages. still gets you more. Minimum wagedeathboy
- fell again not really true and need to see what metrics that is based on, because it clearly went up. Ceo pay for sure updeathboy
- one big reason is gov subsidization and tax breaks for investment and over bought investment in corporations give them tons of capital to spread the wealthdeathboy
- for themselves. and tied to monetary policy of trying to regulate inflation to harm savers and force spread in gambling on corporations to beat inflation.deathboy
- so not one thing on the list has anything to do with real unfetter capitalism. Its capitalism adaptations to poor gov and monetary policydeathboy
- like feeding black widows and wondering why they increase and spread more.deathboy
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Just building a wall here, carry on.garbage - walls are not very smart. very trumpish thinking. but some ppl not much smarter to do anything else.deathboy
- i hope you can live a fullfilling life building walls around anythign and everythign that scares udeathboy
- but i encourage you be brave and forgo your walls and actually think and contribute to a conversationdeathboy
- maybe my own false obama hope but at least the ideals are properly inlined with expected failure rates margined in.deathboy
- dont really expect any change but do expect i tire of treating someone like a human being and will eventually step over there corpse withoutdeathboy
- any notice. which is truely a sad state when such a gap exists you dont even recognize a being. it breeds an elitism im sure many already have but i choosedeathboy
- to work against like hopeless romantic... or is it hopeful?deathboy
- It looks like you typed something, but I didn't read it because I care about my brain cells.garbage
- Uh huh. Or u have no answer and realize u are incorrect and double down like trump caught in liedeathboy
- It's a tactic that works great as we have seendeathboy
- It is a good tactic, because you've proven that you're incapable of logical thought or reason.garbage
- And I'm happy to beat a dead horse if said horse has a track record of being a vile, racist piece of shit.garbage
- (I'm talking about you, by the way. Just in case you've already drifted into that misty land where you think anybody takes you seriously.)garbage
- still that's not a response to anything garbage. Would u care to try again?deathboy
- Sure. Would you prefer if I just typed "fart" or ask you what's your preferred color of paint to huff? You strike me as a Dulux kind of guy.garbage
- I see that the broken record that no listens to and or understands called deathboy has checked in to the post, finally!utopian
- still guys no response. why show up if u dont? i showed up broke each down. no img made by click farms or anythingdeathboy
- would it be safe to say you have no intention of arguing your posts. u dont care about them? you only care about the message being absolute?deathboy
- im pretty sure that is obvious and i try to engage to see if different, but that is not the case. motive now has to be monetarydeathboy
- can one be willingly ignorant about a passion of copy and paste... maybe?... seems odd. even passionate people try to rationalize there ideas. but u not at alldeathboy
- and incase you think this is about you. its not. im just passionate enough to leave responses for anyone on the fence or cant thinkdeathboy
- for themselves or just not sure and looking because they realize it doesnt quite add up.deathboy
- TDB;DRgarbage
- Guess I'm correct again. Gets tiring sometimes. Be nice to be incorrect and learn somethingdeathboy
- It's almost sad that you confuse being right with nobody wanting to read your jabberwocky screeds, but then I remember that you're a racist dimbulb.garbage
- but you read it garbage? as you always do and never able to challenge it accept insults and boring statements of not reading... even considering latter realdeathboy
- who tries to search for handle names to tell people they are right since they never read your shit no one reads... 1 sounds stupid, 2 shit so many fetishes outdeathboy
- there if real and you get your rocks off on it whatever. glad i could helpdeathboy
- I didn't read anything you just typed. Figured you should know.garbage
- PhanLo0
Lol.
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- utopian2
Oh ya...and Trump's organization was identified as money laundering monies along with their favorite bank Deutsche Bank in the largest dirty laundry scheme in decades.
- PhanLo1
Check out Finland the absolute nutters.
It's almost like they have better society or something.
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- oh there are other ways? who'd have thought.MrT
- They also have speeding tickets which are linked to salary (some % of your last year's salary).drgs
- uh huh. school that is so great with no funding rich people are stoked to send their kids too? or school sucks and rich kids get sent somewhere better?deathboy
- curious if these schools are so awesome other countries trying to pay and send kids to them?deathboy
- if anything capitalism has taught us free is never the real cost of anythingdeathboy
- on the flip though. US ivy leagues are shit as most of higher edu. the product of college is power and proxy expertise by name.deathboy
- seems silly for gov to finance any of them. since that is what has caused the cost in the bubble in the first place. which is all regressivedeathboy
- deathboy0
- when college was still worth going to.deathboy
- You are still trying here trying to peddle this dinosaurs archaic and antiquated ideas. LOLutopian
- well utopian prove him wrong. such antiquated ideas and you still cant state they're wrong? pick one single view point and lets talkdeathboy
- you yourself are skeptic of tesla, as well as you should be. that is not capitalism that is friedman/hayek/mises displaying failure of gov and central banksdeathboy
- providing incentive to mal investment and creating bubbles you cant escape. but if you like keynes or central planning ideas or even goethe you can printdeathboy
- you an print and control m2 and plan for every global and independent gaming scenario. really if that is what you want the markets are probably better leftdeathboy
- halo developers and multi player gaming platforms to constantly update and rebalance. but expect some pissed people when you nerf their assetsdeathboy
- but i do find the a possible reasons ppl ignore the rational ideology is as a freudian death wishdeathboy
- i think more ignorance but is an interesting assumptiondeathboy
- who had friedman, hayek, mises and bonus ball freud in the deathboy sidenote lottery?kingsteven
- ^LolPhanLo
- Only if once could some correct him or refute what he is saying....deathboy
