capitalism

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  • Gardener3

  • utopian-1

    Abigail Disney blasts company executives over furloughs

    Abigail Disney is flabbergasted over the Walt Disney's decision to furlough hundreds of thousands low-paid workers after paying its executives millions of dollars.

    Abigail Disney ripped the Walt Disney Company on Twitter on Wednesday over its decision to furlough 100,000 workers because of declining business during the coronavirus pandemic.

    Disney criticized the company for issuing dividends to stockholders and paying high salaries to executives while issuing furloughs.

    "WHAT THE ACTUAL F---," she wrote, saying the excuse of declining business only went so far.

    https://thehill.com/homenews/new…

    • Trickle Down Economics - #MAGA LIFEutopian
    • too bad she has no power in the companydrgs
  • Beeswax0

    • It's funny that after all these wars and bloodshed for oil, it has become a bitch that no one wants to deal with.Beeswax
  • utopian2

    ‘Shark Tank’ Star Daymond John Tried to Sell N95 Masks to Florida at 3 Times Market Price

    https://www.thewrap.com/shark-ta…

  • Bluejam4

    • this isn'y for oils stocks obviously correct? like if you have the capacity to store physical oil they will basically pay you to take it correct?_niko
    • Slow down there cowboy. They won't pay you take a small amount.nb
    • if you buy some, you pay them to keep it as you can't store it?grafician
    • but also yeah, if you can buy a few oil tankers straight up, they will pay you to buy itgrafician
    • "pay you to buy it" wow...how that sounds, but yeah, we're heregrafician
    • https://vignette.wik…kingsteven
    • They're futures, we can't buy shitmoldero
  • shapesalad-2

    If you give everyone $1000 it'd be interesting to see some bar graphs and modelling on where that money would go. Presuming it goes directly into people's bank accounts I'd assume a % remains in banks, a % online casinos, % online games, etc...

    You could probably save the gov money by simply figuring where the top 50 spends across the population are and bailing out/handing out to those businesses.

    • and if you give everyone newly printed $$$'s, surely you are just instantly creating inflation and devaluing currency in relation to valued time/assets.shapesalad
    • looking forward when we eventually switch to cryptocurrency so this information can be tracked in real timezaq
    • You don't need to track it, you said it yourself, the people will know where to spend. Of course you'll have morons but most will just do what they need to dozarkonite
    • with the money and truly necessary businesses will thrive. We can figure out where the money went at the next tax season.zarkonite
    • and there won't be inflation caused by this because people stopped receiving wages so there's a shortage of cash in the market right now. Printing new moneyzarkonite
    • just shores up the market, it doesn't overinflate it. At least in theory...zarkonite
    • If you bail out the top 50 you let dozens if not hundreds of others fail. Give the money to the people and they'll distribute it proportionately to thei_monk
    • businesses they use.i_monk
    • Trickle up economics.i_monk
    • Likely it goes right back to the bank, in the form mortgage payments?ShenanigansTV
  • grafician2

    "Small Business Rescue Earned Banks $10 Billion In Fees"

    https://text.npr.org/s.php?sId=8…

    • I loved the killed 'shit hn says' comment someone put on the thread I'm sure you got that from, fellow HNer ;)Nairn
    • ^grafician
  • shapesalad-3

    • Fuck off already, no one here is watching this garbage contentnb
    • TL;DR the economies that depend on oil are fucked.sted
    • AC ϟ DCutopian
    • this means fracking and those pipeline projects are gone?uan
    • Yes. Fracking over.shapesalad
    • nb what makes this garbage content? It's probably one of the more relevant things posted today.MondoMorphic
    • nb, why so aggressive? Nobody forces you to watch it. But maybe some others will.NBQ00
    • nb = no brain? Perhaps...shapesalad
  • Bluejam20

    • QBN evil rises to the surfaceHayoth
    • You can do both, get rid of the pensioners, use money elsewheredrgs
    • You're more than welcome to take yourself elsewhere to not be exposed to QBN's elitist evil, Hayoth. Maybe Stormfront would be more to your liking?Continuity
    • I really feel sorry for his mother. Every time poor baby Hayoth gets triggered and has a tantrum, she probably has to ...Continuity
    • ... lock the door to his bedroom in the basement from the outside, just to get some peace and quiet.Continuity
    • @hayoth that's all you got? 2/11renderedred
    • money is becoming worthless as more is printed, what important is local community and what we can do for each other.shapesalad
    • instead of one farmer with a giant farm, we went back to multiple small scale farms, then we'd have enough farmers to barter with, as they would needshapesalad
    • the goods and services those without land can provide, the dentists, doctors, leather worker, ceramist, undertaker etc.shapesalad
    • the problem with mass farming, is one farmer only needs so many goods, and so we need money to store the value of his crops.shapesalad
    • Who's is your daddy Hayoth and what does he do?utopian
    • You sure you don't smoke weed, shapesalad? Did you fall into a vat of the stuff, like Obelix, as a child and come to ever resent its effect on you?Nairn
    • lolsted
    • Only simpletons subscribe to concepts of evil.monospaced
  • PhanLo1

  • whatthefunk7

    • His vehicle is a living petri dish.utopian
    • amazing. lots of fucking spit, but amazing.wagshaft
    • I feel like having a heart attack for him!Sellies
  • zaq4

    People who base their self-worth on their financial success feel pressure to focus most of their efforts on making more money rather than on building their relationships with family and friends, and, as a result, often end up feeling isolated and lonely, according to new research.

    https://www.minnpost.com/second-…

    • well blow me.. who'd have thought it...shapesalad
    • Non-sociopaths have a hard time living a sociopathic lifestyle.i_monk
  • whatthefunk18

    • <<<<<<<<<<<<<<<<<<<<_niko
    • You guys are idiots. They are protesting that the govt can't violate their rights you FKN commisHayoth
    • interesting timesR_Kercz
    • "Mass protests" is hyperbole.nb
    • Hayoth, ladies and gentlemen. A round of applause for the man whose only brain cell is covered in foot fungus.Continuity
    • Hayoth, that’s what racist cunts say about the civil war and the confederate flag. Just states rights and nothing to do with slavery. You’re a deplorable moron.monospaced
    • "They are protesting that the govt can't violate their rights."
      So they want their rights violated?
      deadsperm
    • Our village idiot has spoken...A parrot has larger vocabulary that Hayoth.utopian
    • hayoth I have the right to be safe from covid infected rednecks. I'm glad the government is applying proper health guidelines to fix this.zarkonite
    • Go join your Trumptards and protest, catch COVID-19 while you are out protesting you fucking moran.utopian
    • LOL @ moran!
      So you guy disagree with Hayoth huh?
      Projectile
    • I still can't get my head around why Hayoth has so much hate for commis chefs.Nairn
    • It’s the dumb people who just want haircuts.kingregis
    • LOL NairnContinuity
    • haha, nairn, exactly - been wondering if he actually means junior kitchen staff for weeks.Fax_Benson
    • meheheh idiots.. pure idiots. like trumpo loco.neverscared
    • iam sure he can´t even name all states, that retarted cheerleader.neverscared
    • lol at 'ruling class'. don't blame your lack of desire to improve your life on a mythical creature. stand in line for yo' check yo!hotroddy
    • “the right to go out and die” its this kind of hyperbole and distorted rhetoric that makes discussions difficult.cannonball1978
    • How can Americans still keep dreaming that their freedom makes them the greatest country on the planet?Ianbolton
    • I get that people are worried and fearful, most won't have any savings and really need to work. It probably isn't the best way to go about doing that though.PhanLo
    • because it's written in their DNA as much as centuries of monarchical control is written in your DNAhotroddy
    • that 'freedom' is what's allowed it to evolve into the most inventing and imaginative society in historyhotroddy
    • it's not lack of desire, it's dumb luck. for every millionaire and billionaire out there there are thousands of people who are smarter, work harder, have more.._niko
    • ..desire but the stars just don't align. Actually correct that, most rich cunts like your supreme grand wizard ruler inherited their money._niko
    • There's no monarchial control written into my DNA.PhanLo
    • The most inventing society? Really?PhanLo
    • is there any doubt? look around you!hotroddy
    • Standing on the shoulders of giants.PhanLo
    • no, that would be Newton. But Europe experienced ITS own renaissance after 'FREEING' itself from religion. Gov't and religion similar form of social controlhotroddy
    • when is the US going to free itself from religion and enter the age of enlightenment?_niko
    • well isnt this a logical fallacy shit russian post. no need to demand shit when provided, but another to want to work because they believe theydeathboy
    • can do better than government handouts for themselves even if a few get richer. maybe its more like thatdeathboy
    • 'FREEING' itself from religion, you're having a giraffe.PhanLo
    • "the most inventing and imaginative society in history" is the internet.R_Kercz
    • Define a logical fallacy, and how it applies to this post, deathboy. Please. Then follow up with how it's a "shit russian post."monospaced
    • When you try and fail, go ahead and call yourself a moron for me, because I can't keep up with how fucking stupid you shit all over this website.monospaced
    • Are you even a creative? Why are you even on QBN you silly, confused, ignorant cunt?monospaced
  • whatthefunk9

    • lol.fadein11
    • actually the trickle down wealth aspect of keynesian economy has long been repudiated as false. however central gov desire it to grow there powerdeathboy
    • gov money spent has very little to do with true economies and more distortiondeathboy
    • but man you an utopian really just doing the ukraine click farm meme shit. whole goal of media saturation for dumb fucksdeathboy
    • Amen, we should bow to our masters and be greatful for their generositymoldero
    • Facepalm*deathboy
  • deathboy-4

    here you go utopian not that you will watch it. but im sure have some insult since all bark and no bite.

    some old school shit that has only proven itself correct over the last 40 years. also thought of this because my buddy mentioned so many companies struggling to hire while unemployment is up. IE Hamilton here. My theory is if you can get up to 600 a week, free mortgage, deferred utilities, and a stipend of 1200 why work? and curious if we might be going very big on serfdom now and curious who will be able to recover or become a drunk indian on a reservation with voting card. But gov bailouts of people or corps have little to do with capitalism...more second link.. if you care. you have your boogers you like to eat.

    and this is great as well, but more importantly the best is is towards the end in regards to inflation.

    maybe you can learn some fundamentals. a couple hours of debate and arguments across studio audience and hosts, and round table "phd's" groups not quite as fun as meme shit. but taking it old school helps show how far we have fallen and become a dingbat society. one which also can go back to the 80s and see postman predicted quite well. But culture and evolution outside economy theory and politics as they all come together for the big picture is a bit above your pay grade if you cant see a single nail. how do you do wink smiley face emoticons?

    • and on a side note. cause i like notes. how much would a person want to be paid per hour to give up 600 a week for no work?deathboy
    • i'm surprised to actually see you make a post, well done.kingsteven
    • I didn't watch either vid but this is a common and legitimate argument against universal income. But I wonder...monoboy
    • ...what you fell about those that use their money to make money. With no effort. Use wealth managers and tax havens.monoboy
    • Idle poor vs idle rich. Deserving poor and those that are undeserving? Not that simple is it.monoboy
    • If people can make a dignified living at any ability, and be respected for it, I think everyone would choose that.monoboy
    • What's more apparent than ever, is the current economic system protects the few that deserve it least.monoboy
    • It was crystallised in 2008, yet here we are again. And it'll probably continue in a race to the bottom.monoboy
    • Land owners, dodgy landlords, debt vultures, short selling hedge fund cunts and disaster capitalist need to go.monoboy
    • I bet they'll all make a killing out of COVID-19.monoboy
    • Okay Boomer...your savior and his early 20th century ideology of "trickle down economics" died along time ago with Reagan & Bush Sr...utopian
    • ...but I can't help but wonder why every last Republican President from Reagan to Trump have all lead the U.S. economy to recessions...Okay Boomer!utopian
    • Trickle-down theory is alive and well in Aus if you ask me, which no one did.MrT
    • Monoboy I don't care who makes passive capital work. Not entirely sure your point but seems to be picking on ppl u don't likedeathboy
    • Short sellers. Let them be but let them fail. They serve an interest but look more in movement of capital that allows it.deathboy
    • Rent vultures... Well if people don't invest in poor neighbhorhoods where will people live?. And look at the shit ton of rental rules that keep landlords from ideathboy
    • But I'd suggest really watching the videos to see how everything u hate is your gov regulations. Not capitalism. Poor rules creating bubblesdeathboy
    • Utopian thanks for showing how little u know. Friedman is of mises and hayek thinking and don't believe in trickle down policydeathboy
    • If u can state specifically a policy Friedman advocates for it's trickledown effects I'd love to see it.deathboy
    • And u know trickledown is far more Keynesian and fdr. It's gov spending and Central banking on money supply to promote growthdeathboy
    • But as Friedman always said it's stupid because such things only enrich fatcats. So it seems like we both dont like the same things. Just one of us that knows cdeathboy
    • The causes for such things. Not just being a sheep of pop culture political talk pointsdeathboy
    • And not o e comment to my question I. The notes or reason I stated why I posted video. Really wanted more thinking on behavior to new bailouts like welfare anddeathboy
    • Possible inflation of it. Will the new assets inflation make prices so high that it destroys middle-class in its entiretydeathboy
    • and utopians bark is very soft. almost soothing. like a single elderly deep woof. that just fades with the winddeathboy
    • its cute. thought maybe u'd have more teeth or tonedeathboy
    • You resort to insults often. You sound angry and a bit confused. Its almost as if defending the indefensible is taking its toll.monoboy
    • I understand (more or less) how capital works in western democracies, but its not sustainable if the majority don't have a pot to piss in.monoboy
    • One of my clients is an angel investment fund. They invest for positive reasons but also because its 'tax efficient'.monoboy
    • The system only works with equilibrium. The scales are fixed in favour of aggressive big capital.monoboy
    • And they get bailed out by taxpayers when it goes wrong. That's morally bankrupt if you believe in a true 'free market'.monoboy
    • Especially if it denies working people public services they've already paid for.monoboy
    • hmm i result to insults... if stating someone is wrong fro a multitude of reasons is an insult than sure. but no i dont partake much in play ground cut downdeathboy
    • contests. Angel investors invest for greater profit. That is #1. Afterall its called investment not giveaway charity for good intentions.deathboy
    • As far as tax goes depends on how its setup and why. Plenty of ways to setup of non profit investment arms to lower corporate profits.deathboy
    • as far equlilibrium a free market has more being its non centralized and everyone partakes individually day to day hour by hour in choice. it is a far moredeathboy
    • organic system than voting and passing laws and thinking federal banks and policy can do a better job. a terrible terrible ideadeathboy
    • and yes becuase i beleive in free amrkets i find the bailouts by taxpayers of failed business adventures terrible. always have and never said differentdeathboy
    • the 2 hours of pro capitalism videos might be worth watching. if you did i think u would see we both feel bailouts are bad. just one of is right in reaction anddeathboy
    • the other caused it and denial of it.deathboy
    • You’re operating under the assumption that if you quit your job you get that extra $600. Or that mortgage is not due. With both false you have nothing.monospaced
    • Government bailouts are definitely capitalist too. Just the socialist side of it. For socialist cunt rags like you. Enjoy your welfare you stupid fuck.monospaced
    • hahaha gov bailouts are capitalist?! Just the socialist side of it?! you just went full retarddeathboy
  • utopian1

    How Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7 Million

    A $1.7 million stimulus check?

    While wealthy Americans are not eligible for the comparatively measly $1,200 stimulus checks that are now being disbursed to many Americans, they are on pace to do even better. 43,000 taxpayers, who earn more than $1 million annually, are each set to receive a $1.7 million windfall, on average, thanks to a provision buried in the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

    You may or may not be surprised that some of the language conveniently inserted into the $2.2 trillion-dollar Coronavirus Aid, Relief, and Economic Security Act (CARES) skews heavily in favor of the wealthy. The provision doling out literally millions of dollars is aimed at a limitation that was created in 2017 when Republicans overhauled the tax code. It “temporarily suspends a limitation on how much owners of businesses formed as “pass-through” entities can deduct against their non-business income, such as capital gains, to reduce their tax liability,” according to The Washington Post.

    https://www.forbes.com/sites/sha…

    • This is how trickle down economics works.utopian
    • Trickle upChimp
    • Gotta love corporate welfare and crony capitalism. Taxpayer monies going to those who pay less taxes w/o a tea party or libertarian in sight for miles...whatthefunk
    • How to destroy the middle class. Give millionaires and people under $75k money. Everyone in the middle can fuck off.nb
    • ^cuz you don't get votes from the middle classgrafician
    • capitalism doesn't involve tax codes... the problem is people smearing an idea ruined by gov to gain even more gov control... hopefully covid19 ends public schodeathboy
    • olsdeathboy
  • whatthefunk-2

    • because the money doesn't go to the gov't's bureaucratic nonsense.hotroddy
    • right, with the exception of a few, it goes to making themselves more wealthy...oh, and lobbying to make sure they keep getting wealthier...formed
    • ...and that's assuming that Tman isn't actually a billionaireformed
    • most give back to charities to save money on taxes. More tax revenue is just going to lead to more bureaucratic offices that stifle economic growthhotroddy
    • What economic growth? America is broke and unable to take care of its own.scruffics
    • EVERYONE outside of US wants to invest inside the US. It has the Largest economic growth outside of China which no one invests in.hotroddy
    • When Janiqua Jackson stops having 6 children with 7 baby daddies that's when we'll take care of our own.hotroddy
    • @hotroddy I understand your clumsily made point but what incentive does Janiqua have to stop when the state supports her...uhh...producti...Morning_star
    • ...productivity?Morning_star
    • But if Janiqua was a soybean farmer in a red state then "load em' up with those thar socialist checks for real Muricans..."whatthefunk
    • Taxes buy civilization. Denmark has the highest living standards and highest taxes; it's not a coincidence.i_monk
    • Unless you're making a shit load of money, you get more back in gov't services than you pay in taxes. Tax cuts only – ONLY – benefit the wealthy.i_monk
    • a soybean farmer goes to work and puts his kids to work, and contributes to the well being of society and to hard work ethic of being a farmer.hotroddy
    • Janiqua & kids co are a menace on society.hotroddy
  • whatthefunk2

    • Is the opposite true? For every 1% it goes down, do 40,000 people get pregnant?nb
  • NBQ000

    We need Bernie to come back to save the world economy.

  • PhanLo1

    • Of course Wall Street and the Big Banks will be bailouts and made whole...it's the American way...it's call capitalism, just ask boomer deathboy.utopian
    • Am a big Chamath fan. new generation of thinkers finally starting to crack through into the MSM.inteliboy
    • Utopian called me to fact check... Yea utopians statement of fed bailing out corporations has nothing to do with capitalism and is falsedeathboy
    • @utopian I'll wave the 75 dollar fact check fee this time. But u keep calling ALL the time on false alarms. And capitalism dictates a fee for servicesdeathboy
    • Can't run charity cases all the ti.e because I dont run as a non profit to game your precious gov lawsdeathboy
    • But if u want to know the fed bailing out does keep people like me from pulling capital. That creates more downward pressure on banking and erasure of vapor wordeathboy
    • I might not agree with the bailout. But I also don't see the benefit of doing the right thing when the world doesn't. Not to mention who wants like 40 percent bdeathboy
    • And all that jog loss. The idea of everyo es wages that have a job being rebalanced to previous B's inflation. Civil unrestdeathboy
    • And allowing foreign fake capital to buy assets...I s not capitalism and its results will be bad. But this is so fucked u kick the can until u cantdeathboy
    • do u want to see the real price of amazon prime? chewy? netflix? and so many other indebted companies offering services as loss for growth on easy financing?deathboy
    • and if said companies could continue and have the employees... i really thought powell in 16 with QT would keep it going. he buckled now im following friedmansdeathboy
    • approach in the donahue video. it may not be real capitalism but u should understand it for your own sakedeathboy
    • Word salad. Total gibberish.monospaced
    • Socialism isn't about free stuff, its about the 'fairer' distribution of capital.monoboy
    • What the republican right fear is communism and can't distinguish between the two.monoboy
    • For the record. I'm a centrist. I think the European social democratic model is the best of all worlds. Not perfect. But fairer growth.monoboy
    • Oops. Wrong note thread. Meant for the previous one.monoboy
    • to get socialism you provide free stuff for votes. you cant deny the business plan there right MB?deathboy
    • And the semantics of socialism and communism or even facism are all derived from the same thinking, but every failure gets a new name. there is no fundamentaldeathboy
    • big differences. the idea individuals are less than the greater good. and we need soem sort of parent to run everything. same shit was practiced long ago anddeathboy
    • parent called god or yahweh. the methods of control of past collectivism religions are now the "liberal" (since liberal term has changed much since 30s and basideathboy
    • cally opposit eof its original defintion). its really quite binary. There is collectivism or individualism. You will find all enligthen periods in history aredeathboy
    • those that held individualism higher than the collective. the worst of times when collectivism was absolute.deathboy
    • oh yea you will be MB and mono will be the guy fat republican retarded special kid who yells nuh uh and giggles with a lil bit of drool.deathboy
    • free shit = fairer distribution. in advertising u think we'd all could see through the sales gimmicksdeathboy
    • You sound unwell mate. Seriously.monoboy
    • Unplug the 'tinternet' and enjoy some fresh air. The libtards will still be here for your enlightenments later.monoboy
    • Mb don't deflect. Or if you do try at least rationalize it with i think you are unwell because X or Y onion doesn't make sense, and provide your thesis fordeathboy
    • thinking such a thing based on what you reasoned. or deflect without reasons as a scapegoat because you don't have a better responsedeathboy
    • look i don't care if people like hmm i don't believe you are right. i think im still right but i don't know the argument enough to respond. im no differentdeathboy
    • topics on stuff i don't know stuff about. but difference it bugs me and i learn a bunch. just my personality type. but always honest with what i think i knowdeathboy
    • https://i.imgur.com/…utopian