capitalism
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- colin_s0
https://pbs.twimg.com/media/Fy08…
apple executive on the wga strike
there are not enough guillotines in the world
- utopian2
- US has nothing in cash, its a shitload in depth.milfhunter
- utopian3
Murica #1 Go USA Go!!!
- utopian2
The Second-Largest Bank Collapse In U.S. History...and yet once again another good oldé Yankee Doodle Dandy bank bailout that heavily favors the American banking oligarchy.
American tax payers get to share in all of the loses...but JP Morgan Chase gets to privatize all of the benefits and upside of the bailout...must be fucking nice to be a banker in Americon!
- but the economy would collapse without these fine gentleman!doesnotexist
- utopian1
Knob-Gobbler Economics 101
Elon Musk is speaking out against government subsidies. Here's a list of the billions of dollars his businesses have received.
- SpaceX lands a $2.89 billion contract with NASA in April 2021
- SpaceX signs a $653 million contract with the US Air Force in 2020
- Tesla accepts "certain payroll benefits" from the federal government's $600 billion 2020 pandemic stimulus
- New York State put $750 million toward a SolarCity plant in Buffalo in 2016
- SolarCity receives $497.5 million in grants, in addition to tax credits, by 2015
- As of 2015, Tesla had sold $517 million in environmental credits to competitors per a federal mandate. Tax credits for consumers also helped them sell more cars.
- Nevada provides $1.3 billion in tax breaks and other incentives for a new Tesla "Gigafactory" in 2014
- SpaceX receives $15 million from the state of Texas in 2014
- The Energy Department loans Tesla $465 million in 2010
It's Called Capitalism....Just Ask Knob-Gobbler (aka) Captain America (aka) Freedumb Fighter.
- SpaceX has brought payloads to LEO down from around $2,500 per kilogram to around $20-30 per kilogram. Basically, it's cheaper for NASA to hire him.hotroddy
- https://i.imgur.com/…hotroddy
- Considering the stable genius has received over 8 billion dollars in subsidies..it's the least Elon can do for saving humanity and planet. Don't stop believing!utopian
- revolutionizing the automotive and space industry? yes, the least he can do.hotroddy
- at least the 8 billion didn't go to subsidize bureaucracyhotroddy
- PhanLo1
- Who's he talking to? Who's off camera, behind camera to the side?shapesalad
- he's the guy you want to be Shape, already retired, invested wisely, understood the markets better than anyone else. A millionaire.PhanLo
- utopian2
'The Sheer Greed Is Obscene': Moderna Plans 4,000% Markup for Covid Vaccine.
"This vaccine isn't just Moderna's, it was developed in collaboration with a government agency," said one campaigner. "It should be available and affordable for everyone, everywhere."
JAKE JOHNSON
Jan 10, 2023The Massachusetts-based pharmaceutical giant Moderna faced angry backlash on Tuesday following the CEO's announcement that the firm is considering pricing its Covid-19 vaccine somewhere between $100 and $130 per dose in the United States.
The upper end of that range, according to the People's Vaccine Alliance (PVA), would represent a 4,000% markup above the cost of manufacturing the shot, which experts have pegged at roughly $2.85 per dose.
"The sheer greed is obscene," said PVA policy co-lead Julia Kosgei, who stressed that "billions of taxpayer dollars went into the development of mRNA vaccines."
"This vaccine isn't just Moderna's, it was developed in collaboration with a government agency based on decades of publicly-funded research," Kosgei said. "It is the people's vaccine—and it should be available and affordable for everyone, everywhere."
Stephane Bancel, Moderna's billionaire CEO, defended the proposed price range in an interview on the sidelines of the J.P. Morgan Healthcare Conference in San Francisco, tellingThe Wall Street Journal that he believes "this type of pricing is consistent with the value" of the vaccine, which was developed with the crucial help of government scientists.
In 2020, Moderna admitted that 100% of the funding for its vaccine development program came from the federal government—which, despite its leverage, has refused to force the company to share its vaccine recipe with the world.
- utopian1
‘Global greedflation’: big firms ‘driving shopping bills to record highs’
Large corporations have fuelled inflation with price increases that go beyond rising costs of raw materials and wages, pushing shopping bills to record highs, according to an analysis of hundreds of company accounts.
Highlighting a trend dubbed “greedflation”, the research indicates that supermarkets, food manufacturers and shipping companies are among hundreds of major firms who have improved their profits and protected shareholder dividends, giving an extra lift to prices, while the cost of living crisis has meant workers face the biggest fall in living standards in a century.
- Never let the truth get in the way of a good story Knobby.utopian
- The article admits there has been significant wholesale price inflation. So basically the farmers are profiteering off eggs.hotroddy
- nothing about the rising energy cost and fertilizer prices, transporation costs, supply chain crunch caused by those who wanted to shutdown economy 4 covidhotroddy
- farmers stuffing their mouths with cashhotroddy
- utopian0
- Did you fail high school economics? Do you have any clue how inflation works? My fucking lord is the American education system is broken.hotroddy
- If you are the sample size of the IQ of every american than You can ironically post this in America is fucked threadhotroddy
- yes, your conclusion is correct - the eggs and poultry people are gauging you.hotroddy
- HotKnobby Economics 101utopian
- next, you're going to suggest putting price controls on eggshotroddy
- Its called Global greedflation!utopian
- Besides being clueless, ignorant and stupid, you are completely soulless.utopian
- global greedflation, eh? Who coined that term? Corky from the show 'life goes on'?hotroddy
- soulless because I don't blame capitalism for your shitty life? then yes, I'm soulless.hotroddy
- When price increases great exceed cost increases, it's not inflation. When an industry raises all prices in lockstep it's collusion, not inflation.i_monk
- yes, all the egg farmers across the world cahoot. it's a new word to blame it on capitalism instead of socialist policies called 'greedflation'hotroddy
- *in cahoot.hotroddy
- neverscared0
- capitalism?palimpsest
- UK this week, chancellor want retire early people to keep working. Childcare to get mums back to work...shapesalad
- In the 1920's... one man could work 9-5, provide for a family, and retire at 65. If you asked them how working life would be in the 2020's...shapesalad
- .. they would imagine flying cars, robots, magical electronics etc all doing work for us, as we sit with our feet up.shapesalad
- However, due to Ponzi fait constantly being diluted, debt expanding... we are now working longer hours, you need two parents working to cover costs, you need toshapesalad
- keep working until beyond 65+ before pensions kick in. And people aged 35 live at their parents home as houses are too expensive.shapesalad
- Now we have ChatGPT and AI images - one can expect we'll have to work even longer hours and retire at 100, if the trend continues...shapesalad
- It's a fucking mess.shapesalad
- Dish washers, washing machines, self driving cars... doesn't mean we get to work less, means we actually have to work more.shapesalad
- It's a mess, but it's more from greed. While our debt is a problem, we have plenty of money. It's just those with the power/money don't want to share.formed
- “The world has enough for everyone's need, but not enough for everyone's greed.”
― Mahatma Gandhiformed
- utopian1
Capitalism in a Nutshell
- Video unavailable.shapesalad
- Just watching this. Scary stuff.instrmntl
- Continuity1
"SVB collapse may be start of ‘slow rolling crisis’, warns BlackRock boss"
"The collapse of Silicon Valley Bank could just be the start of “a “slow rolling crisis” in the US financial system with “more seizures and shutdowns coming”, the chief executive of the world’s largest asset manager has warned.
The CEO of BlackRock, Larry Fink, also predicted in a letter to investors and company bosses that inflation would persist and rates continue to rise, trends that both contributed to SVB’s collapse."