capitalism

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  • i_monk7

  • shapesalad2

    Made £1620 by 8:01am while wearing just my pants - trading the 7DIG mention yesterday. Had bought a dip around 3pm yesterday. Sold on the inevitable opening ramp due to all the hype regarding that stock. Penny stocks.... you have to wait for right one, but when the right one comes along, you can ride the wave and make a tidy sum.

    Would I invest long term in https://www.7digital.com

    Yeah, I think a £1k stake for a 1 or 2 year hold wouldn't be too bad. Would I buy now.... no way, the stock went up nearly 200% yesterday and is up 20% today. I'd wait a few weeks for all those buying in now to close out when they see it slowly retrace.

    • Anyway... this is what I love about capitalism. The casino of the markets.shapesalad
    • Yeah I don't think anyone here is anti-capitalism (well maybe some are lol). It's just to discuss the good and the bad.yuekit
    • We need a penny stock thread. I've some open positions too.Beeswax
    • 7DIG can suck my dick ahahahasted
    • I once made £4K wearing nothing and masturbating by 8AM. It's true and not bragging.NBQ00
    • The divorce between numbers on a screen and the labour it represents...i_monk
    • ^ technically market value has no relationship to labour. neo-libs trade in physical capital (esp. true of the service economy, which counts for 90%)kingsteven
    • and hype. it really is just funny money.kingsteven
    • ie. in the current model labour is fluid and costlessley adjusted. the market derives its value from its users - not its employees.kingsteven
    • Jealous, snarky responsescarabin
    • funny money? lol, no it isn't ... it's vey fucking real moneymonospaced
    • i didn't say its not real. its very real in the sense that you can believe a religion is real but not believe their god exists... but imaginary in both the...kingsteven
    • sense that it is 1's and 0's in a computer and that it has no base value in things that are real (ie gold, or labour (time or energy)) as i_monk suggested.kingsteven
    • It’s not just 1s and 0s though. I can sell it and buy a house. You can’t just pray one day after not believing in god and get it answered. Big difference.monospaced
    • It’s value is in its prospectus and projections. Like any commodity of seasonal output. Aka “stock” like feed and produce. That’s what the stock market is.monospaced
    • To claim it isn’t real is to ignore reality or just plain ignorance. Sorry.monospaced
    • mono i'm not denying that money exists, it has a nominal value that can be placed against standards ie. a house or even time (ie 1 hour = minimum wage) but it'skingsteven
    • actual value is not real. i am not making this up, it is how the economy works :Dkingsteven
    • Value is very real king. It's relative. But very real.deathboy
    • Ie how do you value your time? I may value my time less doing the same thing. There may be no true value but in dealing freely with ppl thisdeathboy
    • Thing becomes very important. More people may value my less value of the work resulting in no value of yours. If u have no value how do u eatdeathboy
    • But u do t want your value challenged a.ongst peers right? Lower fruit who think bringing everyone down to your equal playing fielddeathboy
    • Or more equitable terms defined by udeathboy
    • db, you are making the same point as me really badly. if you see earlier my first comment is an attempt to debunk the association of market value to labourkingsteven
    • although i do advocate some form of mutualism based on the labor theory of value. where you (of course) believe it can be regulated by a market...kingsteven
    • and i dunno, you want a bloody revolution to kill off the poor or sthg.kingsteven
    • Umh there is no labor theory there is free markets that determine value. Gov of small people can't determine lunch.deathboy
    • What u agree with is free market principles u just don't realize itdeathboy
    • Ie What determined the price of a nail?deathboy
    • db, you flit between Capitalism and capitalism when it suits you. I understand the system we are in and the theory that underpins the libertarian utopia...kingsteven
    • you juxtapose your beliefs against their political opposite (socialism) but fail to see that fully developed communism is stateless free association...kingsteven
    • you propose deregulation, privatisation and the market will regulate itself. and justify your claims with both a pseudo-religious belief in the invisible handkingsteven
    • and an pseudo-scientific economic egoism that lets you dismiss any altruistic concerns. these are the principles that allowed us to achieve Capitalism...kingsteven
    • (big C) - the economic dominance of the west driven by private ownership. but they're also the same principles that have driven us to social and ecologicalkingsteven
    • collapse. capitalism (small c) is what determines the price of a nail and I believe that a best-of-both worlds scenario can come about through anarchism withoutkingsteven
    • the awkward teenage phase (socialism) - that would be driven by the reindustrialisation of the west in a non-political fashion. harnessing the power ofkingsteven
    • unions and co-operatives to create a shadow government based on mutualism and to dominate private business and govt based on capitalistic and free-market idealkingsteven
    • on the politcal spectrum i stand left, but (even as marx proposed) the end point is both stateless and without private ownership of the means of productionkingsteven
    • and anarchist theory essentially exists as a means of discussing how to achieve this outside the political spectrum (without a bloody revolution).kingsteven
    • btw a better analogy than the nail: "you print 2 t-shirts, one of che guevara and one of heyek, which one is worth more?"kingsteven
  • 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
  • nb10

    • People are over anxious to get the next big return. So many have waited for a collapse to buy. The fear hasn't been felt enough yet.formed
    • There will be a new low once we begin to actually see the damage done.formed
    • the cockmarket is not the whackonomy.neverscared
  • nb6

    Wendy’s CEO announces that Wendy’s will NOT be introducing Surge Pricing and AI-enabled menu dynamics.

    This announcement comes one day after Wendy’s CEO reported to shareholders that Wendy’s will be introducing Surge Pricing and AI-enabled menu dynamics.

    • The market regulates itself.palimpsest
    • LOL. The place is already trash, might as well bankrupt it with this dumb move.Krassy
    • Idiotic ideaYakuZoku
    • Isn’t this basically happy-hour?Gnash
    • Appease the shareholders, backtrack to the public, but set it up for everyone. It's inevitable. Everything does this - Uber, Airbnb, hotels, etc.formed
    • Seems like a good idea as long the prices are much cheaper on less busy hours (I like matinees and happy hours, personally).formed
  • PhanLo5

    • Paul and many others have no clue about taxes or how money works apparently...grafician
    • <Yeh? well Alan Partridge is shit ;)Morning_star
    • A million seconds is 12 days. A billion seconds is 31 years.akiersky
    • Whoa @ math.ideaist
    • The tax money still just goes to pay for war.BabySnakes
    • That's how you stay rich bro. Fight for every dollarplash
  • Salarrue4

    • to start selling piss?MrT
    • We'll eventually work out how to filter seawater, so all is not lost. But yeah, it'll cost ya - buddy!Ianbolton
    • investmilfhunter
    • @Ianbolton "Israel produces 85% of the country's drinkable water, (...), via large-scale desalination of saltwater and brackish water."dmay
    • Gonna set up a cryptowater bizNonEntity
    • Just invest and profit, who cares about thirsty humans. Nestlé is on it already.NBQ00
    • May the first one that doesn't shit in potable water throw the first stone.palimpsest
  • PhanLo5

    • that's socialism. print money, increase wages, print money increase wages to create a society dependent on gov't handouts bc salary doesn't cover inflationhotroddy
    • again confusing capitalism with socialism because the concept deals with 'money'hotroddy
    • if you're going to stick to such a strict definition of capitalism, it's not socialism it's social-capitalism or oligarchykingsteven
    • countries with the highest rate of inflation (historically and currently) is STRICT socialism. I can list the countries for youhotroddy
    • The meme is not about historically socialist countries, it's about wage poverty in current western oligarchical capitalism. So all your doing is pointing outkingsteven
    • the similarities (motivated by anti-socialist agenda). To people that have more nuanced political views than the 1940skingsteven
    • My views aren’t nuanced views from a 80 years ago. My views are update to date real experiences.hotroddy
    • You increase wages you increase inflation. It’s that simple. You don’t need to be Milton Friedman to understand that.hotroddy
    • This meme doesn’t even correlate with current USA economic. For last 50 years us has enjoyed low inflation. It’s only now that we’ve seen inflation rockethotroddy
    • Close down economy and give people free money.. wtf you think is going to happenhotroddy
    • Socialist use inflation to keep people poor and dependent. Print more money = more govt programshotroddy
    • And then some idiot like AOC will suggest putting price controls on basic goods. Which cause shortages. But you don’t learn from the mistakes of others.hotroddy
    • Didn't say your views are from the 1940s, I said you have an anti socialist agenda. There's going to be 4 rises in inflation in the UK before the end of thekingsteven
    • year and it has nothing to do with the government or socialismkingsteven
    • I was actually slagging socialists if anything by saying the intended audience for your comment has views from the 40skingsteven
    • Such a feeble-minded, apologist, crony capitalist swine.utopian
    • a feeble mind is someone who argues with memeshotroddy
    • You are arguing with a memekingsteven
    • lol. what I meant to say is people who use memes as their retort. But I agree, arguing with a meme is equally stupid. i will stop this nonsensehotroddy
    • Good because you’re mostly wrong. This is a capitalist society, wages aren’t going up and inflation is. There is no socialism boogeyman you clown.monospaced
    • wages aren't going up? funny because that's Biden's big talking point.hotroddy
    • Aren’t Scandinavian countries more socialist than the USA and have a better standard of living including healthcare and education.Chimp
    • yes. they are tiny and homogenous. and everyone contributes and pays taxes. For every Scandanavian example there are 20 venezuelan examples.hotroddy
    • Does american demographics look more like Scandanavia or like Venezuela?hotroddy
    • someone should tell that senile old man that wages aren't going uphotroddy
    • I take your point on the homogeny but do you admit that more socialist countries can be better off than more capitalist countries like the US?Chimp
    • Or are Venezuela and other basket cases poor because of corruption?Chimp
    • This is an interesting video about the differences between Venezuela and Norway. https://youtu.be/7_m…Chimp
    • Perhaps large countries aren’t the best at managing the wellbeing of the majority as they are too large and diverse. Anyway, that’s my two pence.Chimp
    • Yes, a few select socialist countries do enjoy a better quality of life than capitalist.hotroddy
    • the video you sent me is not accurate. Carlos andres perez nationalized oil production in the 90's but production of oil was at it's highest back thenhotroddy
    • that's because it issued concessions to american oil companies to drill and refine venezuelan oilhotroddy
    • it was when Chavez fired/jailed petroleum engineers for striking that it all went to shit. Chavez didn't nationalize oil. It was already nationalizedhotroddy
    • But even as production went down, the price of oil went up 150%. He enjoyed revenue higher than any administration prior.hotroddy
    • The differences between Norway and Venezuela are too many to list here.hotroddy
    • Somehow "Venezuela" is always used as an example to defend crony capitalism, LOL.utopian
    • norway isn't socialistkingsteven
    • Somehow ‘Norway’ is always brought up to defend socialism. Usually by third world folks with third world mentalitieshotroddy
    • no, but it nationalized it's oil productionhotroddy
    • It seems corruption is more of the problem than how capitalist / socialist a country is.Chimp
    • Everytime capitalism does what it was designed to do and fucks everyone over, capitalists call it socialism.i_monk
  • utopian6

    • They’re a proud people. They don’t like to talk about taking handouts. They like the handouts, they just don’t like talking about itnb
    • but they do love talking about them, how horrible they are, how lazy everyone that takes them is, on and on...always knowing they'll still get them.formed
    • What would happen to the states that most want to form a new Confederate States of America if their dream came true?CyBrainX
    • At the same time these clowns try to use Mexicans as a scapegoat to avoid admitting what a drag they are on the economy.monospaced
    • And conservative fools, like hotroddy and his clique of bigoted fucks and brainwashed idiocy not only believe it, but spew it like diarrhea they line up to eatmonospaced
    • oh mono your righteous stupidity is starting to get old. Kentucky gets agricultural subsidies for costs of perishable commodities they can't control.hotroddy
    • And they'll get more subsidies because the loonie left can't control inflation. But is the population of .01% of the US population is a threat to youhotroddy
    • shitting on .01 percent of the population because they are white is real bigotry.hotroddy
    • Where are you with the population the size of Angola who receive $7 for zero dollars they produce?hotroddy
  • PhanLo8

    • competitive pay and meal discounts LOLutopian
    • Just what grandpa and his high blood pressure needs, a 4,000 calorie a day diet!Akagiyama
    • Jesus, is this how it ends?mort_
  • zaq4

    A new billionaire every 17 hours

    The coronavirus pandemic didn't hurt the market of the superrich. Indeed, a new record was reached in April 2021, with 493 new billionaires worldwide. At least 40 of them made it because of COVID-19-related products. 

    https://m.dw.com/en/forbes-a-new…

    • Gawd Bless Murica.utopian
    • And Gawd Bless China and Germany... but why bother reading? <3PonyBoy
    • Plexiglass isn’t cheep and supply got out everywhere without much shortage. Guess you can thank capitalism tor that.BabySnakes
    • sooon...

      https://upload.wikim…
      inv
    • Alas nobody from QBN, except BennnNBQ00
    • thats why i dont visit you often lately, iam too rich for y'all, peasants!Bennn
    • PonyBoy, people don't let facts get in the way of a narrative.MondoMorphic
  • _niko7

    Yanis Varoufakis: Capitalism has become 'techno-feudalism'

  • PhanLo1

    It's a free market bro
    -

    • The heavy metals in baby food occur naturally in human breast milk and lots of foods in high levels but NOT dangerous levels.Morning_star
    • https://health.cleve…Morning_star
    • It's not a free market if there's a federal limit regulating heavy metal levels. It's government regulation.palimpsest
    • Are you complaining that it's not a free market, bro?palimpsest
    • There should be more heavy metal in babyfood, exactly.PhanLo
    • That still regulation. If your want a free market Co.s should decide how much heavy metal to put in. It would be up to the consumer to pick the best product.palimpsest
    • That's what a true liberal would be for.palimpsest
    • Companies do decide how much metal to put in. Just enough that babies don't get brain damage.PhanLo
    • That tweet says government regulates the amount though. Are we even talking about the same thing?palimpsest
    • https://en.wikipedia…
      https://en.wikipedia…
      @palimpsest learn the difference.
      sted
    • It also says there's a congressional investigation. And your comment is "It's a free market bro" ?!
      *shrugs
      palimpsest
    • There's the government regulations and there's what the company can get away with. Like our parents talking about lead in sweets, it's fun times.PhanLo
    • @sted
      Horseshoe theory. Everybody to the right of where I stand looks the same to me.
      ; )
      palimpsest
    • And, yes, I am aware that's not what horseshoe theory is.palimpsest
    • Why are they putting Metalica in baby food?Chimp
    • in my experience it’s liberals who are into regulation and safetymonospaced
    • The misunderstood ‘heavy metals’ argument is also the same anti-vaxxers use. TBH I do like a bit of Slayer in my vaccines.Morning_star
    • Years someone pumped machine gun bullets into the bodies of children and no one did anything. You think they give a shit about baby food????futurefood
    • Free heavy metals for all children under 5utopian
    • Unfortunately it’s not just baby food. Rice, carrots, sweet potato. We are fucked.ben_
    • Some plants accumulate certain metals, including arsenic (ok, a semi-metal) naturally. Rice particularly because of concentrates in paddy fields.Nairn
  • imbecile7

    Corporations Would Literally Kill You to Turn a Profit

    Coca-Cola killed trade unionists in Latin America. General Motors built vehicles known to catch fire. Tobacco companies suppressed cancer research. And Boeing knew that its planes were dangerous. Corporations don't care if they kill people — as long as it's profitable.

    https://jacobinmag.com/2020/01/c…

  • zaq6

    • Lolnb
    • Even worse, you earn $30,000 but you're angry as hell about the poor guy whose $410,000 salary is being taxed a bit more.PhanLo
    • /\Milan
    • that anger is more productive than the jealousy you feel that someone is making more than you.hotroddy
    • don't worry roddy, pocket money isn't classed as taxable income - you'll be fine.face_melter
  • 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.

    https://www.yahoo.com/news/pande…

    • 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
  • imbecile4

    • +helloeatbreathedrive
    • Ha ha this should be in the America is fucked thread. If you want to see true meaningless grind have a look at the utopia that was the USSR in the 70s, 80s...Morning_star
    • ...ALL the people are so happy, apart from the dead or starving or those in labour camps..still happy though...unless you're queuing half the day for a loaf....Morning_star
    • ...of bread or deciding which child of yours get to eat. Happy, well cared for and united.Morning_star
    • I wishi this guy would share his atlernative, I've never seen a better one.zarkonite
    • Close tax loopholes and invade the Camen Islands.PhanLo
    • Love to see clowns rock up with the '...but but Soviet Russia!' bilge. Like the West during the 70's and 80's was an idylic, bountiful, gleaming, paradise.face_melter
    • would u be happy with everything given to you? and who will provide such things? darn capitalism for its true equality!deathboy
    • typically in such socialist utopias we see people equally and arbitraliy getting scraps while providing for a ruling class. which makes sense we cant all bedeathboy
    • rulers and living a high life equally because who would provide such a life?deathboy
    • explain the idea of that?deathboy
    • Ok, we got 70's USSR, where's hotroddy with Venezuela?fadein11
    • @facemelter. Are you seriously going to suggest that the quality of life in the West in 70s & 80s was comparable to that of the USSR?Morning_star
  • whatthefunk3

    • Ask deathboy, he is our very own special kind of Rhodes Scholar.utopian
    • Sure I'll take it. First the question is a false premise. Whole go is to push false narratives. Why do I know?deathboy
    • Capitalism defined by free trading value for value has never nor would it need a bail out by it's naturedeathboy
    • If something is unnecessary for public spending than it largely is. Not capitalism that says bail something out. That is socialismdeathboy
    • Something that can only be enacted by a gov official. Gov can't control free markets at all. They can only impose controlsdeathboy
    • So yea love logically u can see the post is emo trigger bait for your own leanings for social famedeathboy
    • Hope u learned something utopian. Don't want me to start charging for your lessonsdeathboy
    • Take a break son, you sound like you need it.monoboy
    • (or maybe spend less time on here replying to everyone you disagree with and put that shoulder to the wheel of capitalism).monoboy
    • Btw. Does anybody know if you can delete your account on here?monoboy
    • @monoboy: well, most cunts — when they want their account deleted — make a big scene about it in the threads, and eventually it happens.Continuity
    • Why, you want to be deleted?Continuity
    • I'm spending too much time on it and my urge to argue is like a thirst. ;)monoboy
    • You're under lockdown. Where else would you spend your time? :PContinuity
    • "Gov can't control free markets... gov can only impose controls" – this guy is a word salad markov bot.i_monk
    • Capitalism isn't 'free trading value for value' and that's proven by the collapse of the stock market the second the labour force has to stay home.i_monk
    • You pay me x/hour to do my job, but the value of that job to you is worth more than x, perhaps an order of magnitude more, when you sell it.i_monk
    • Then you make money on how reliable I am at doing that job, how sure you are I'll show up and keep doing it, and on the promise you'll keep paying me xi_monk
    • indefinitely, regardless of cost of living changes or other external factors (new subsidies, a competitor folding giving you greater market share, etc)i_monk
    • Then you get me to pay for the public infrastructure you benefit the most from, justied by being an employer when in fact you make use of thati_monk
    • infrastructure disproportionately more than I do. You take these subsidies and tax exemptions and sit on the cash or improve your value by paying out to thei_monk
    • non-workers who invested in my labour and claim credit and ownership of it.i_monk
    • The sentiment in the posted tweet is how terrible outcomes get started.nb
    • Simplifying our current system as "capitalism" and then applying all our failures to it is insane.nb
    • Two people agreeing on a price and exchanging goods happens in socialism too; capitalism is the ownership of labour by having more money than the labourer.i_monk
    • But ultimately being entirely reliant on the labourer for that money and all value derived from the labour.i_monk
    • Nothing deathboy writes can’t be dismissed or debunked by layman in mere seconds dedicated to rational thought. It’s ridiculously hilarious.monospaced
    • < this ignorance is at the core of why society will fail and the same guys who fucked it up will rebuild it as a global order and you'll beg for it.bliznutty
    • please understand finance and what the federal reserve is, where it comes from, and where its going. we were sold to them by our politicians long time agobliznutty
    • Imonk since u seemed to have tried. You
      are incorrect. Value exchanged for value doesn't mean perceived value. Ie spot price vs physical on precious metals
      deathboy
    • At the end of the day if ppl are free to decide they choose their value. U might not like certain pay for a certain job thinking it's worth more. But u also dondeathboy
    • T quit it. No other place is offering pay for same skillsets. U may argue businesses need workers to create profits. But no businesses no wages. And many ppl indeathboy
    • Positions who recognize value they provide can take experience and set off competitively. But truth is majority see the value they provide but would be lost ondeathboy
    • Mono: Nothing deathboy says can't be debunked easily with reason... Mono: I say it's wrong that's reason!deathboy
    • Grow up mono. U seem like a kid carrying a chip on his shoulder after getting bullied most of his life. The over compensation is smellydeathboy
    • “it’s wrong that’s reason”
      Explain the meaning in this incoherent response. Until then you are a moronic clown with idiotic ideas.
      monospaced
    • I’m also a father. And you live with your mother. Looks like it’s you who should grow up.monospaced
    • "You're free to choose between homelessness and starvation, and working for a fraction of the actual value of your labour. See, it's fair!"i_monk
    • imonk is your new niche like the fake quote guy?deathboy
    • monospaced you refuse to give any explanation except insults on anything you disagree with and think those insults or fake crowd majority deems it true.deathboy
    • what is this like the 20th time ive said it to you. and still not getting it.the term willful ignorance comes to minddeathboy
    • our special commenter guyutopian
    • You said people get to decide their value, pretending the owners don't hold the purse strings. It's not a balanced or symmetrical exchange and you know it.i_monk
    • again i_monk. ppl choose value. there is no pretending or owners of anything. a value choice is dependent upon owners or anything. value is what you get from andeathboy
    • exchange. not sure i understand what you are saying but if its a greater profit for owners to provide a service than value of user. well... both benefitdeathboy
    • this idea all should benefit equally is just well dumb. equality in rights is smart equality in everything else not so good. why you see ppl claiming things asdeathboy
    • "rights". regardless of any logical foundation. those ppl u should be wary ofdeathboy
    • And imonk many owners need less smart laborers. As well as those laborers need jobs. Both benefit better togetherdeathboy
    • Your rebuttal is "I don't understand" and "the idea of equality is dumb" and seem to hold the labour class shouldn't be educated.i_monk
    • looks like retardboy here still can't write a coherent sentencemonospaced
    • Looks like I'm wasting my time. Gave u plenty of reason and u cherry pick inaccurate out of context crap to support your realitydeathboy
    • Just grow the fuck up.deathboy
  • monoboy1

    So what does this crisis say about libertarianism when it takes socialism to protect capitalism!

    • Is emergency relief really socialism, though?Gnash
    • Ask 2.3 million Venezuelans (7% of population), who fled their countryBustySaintClaire
    • Don’t get it twisted, it’s Americanism not Socialism.robotron3k
    • kind of like "SOCIAL" security and medicaid.utopian
    • your level of stupid just hit spaceHayoth
    • My logic brings all the tards to the yard. And I'm like. It's better than yours.monoboy
    • monoboy
    • temporary socialism is beneficial during a crisis (like in 2008) but not sustainable long run. 20 years of socialism in Venezuela & now looks like a war zonehotroddy
    • I agree with Hotty.utopian
    • True. If you define socialism entirely by the Venezuelan model.monoboy
    • Likewise if you judge capitalism by the American model.monoboy
    • The proposed UK model to pay 80% of wages for those not working in coronavirus crisis for the extent of the crisis seems appropriate and measured.utopian
    • The 'socialism' we experienced in 2008 was a bailout of the banking system propped up by selling US bonds to communist China.monoboy
    • Taxpayers always get bill when shit hits the fan but don't share in the spoils during the good times.monoboy
    • If any of the major corporates sitting on billions of cash reserves step in to evert this disaster I'll happily concede the neoliberalism won the day.monoboy
    • #avertmonoboy
    • We'll have an entirely new outlook by the end of 2020.monoboy
    • A free market where only the strong survive or something more mutual, with better distribution of wealth.monoboy
    • Covid19 is not altering the status quo. Rather, it's exposing an unsustainable status quo for what it always was.monoboy
    • fuck this, gimme those cash!grafician
    • When was the last time capitalism operated without socialized corporate protection or public absorption of losses?i_monk
    • < Exactly.monoboy
    • This kind of of justified libertarianism. No way is it socialism protecting capitalism. It's full blown mmt bailing out a special kind socialismdeathboy
    • Socialism has always protected capitalism. People just call it government subsidies and public investments.monoboy
    • That isn't protection. It's rust and decaydeathboy
    • Entropy as mono always saysdeathboy
    • Free market ultras believe that everything should be allowed to fail. So why won't you let it?monoboy
    • Fossil fuel is killing the planet yet Government subsidies are enormous.monoboy
    • Let it fail, there are alternatives.monoboy
    • But they won't because their grip on powers is absolute.monoboy
    • Socialism for the rich, rugged individualism for the poor.monoboy
    • Mono u think fossil fuels is killing the planet. Remove it and think about the eco omic consequences and life changesdeathboy
    • As far as letting things fail. Well that's the socialism aspect that doesn't allow it. Gov agencies creating distortionsdeathboy
    • What u think u want u are getting in spades right now. U just have no idea what u asked fordeathboy
    • Chug that kool-aid.i_monk
    • Think about the economic consequences. Deathboy, you're so close to getting it.monoboy
    • I'm so close... Ok explain your outcome of the consequencesdeathboy
    • It seems Like u only preach hayeks serfdom 2 class system.deathboy
  • colin_s0

    https://thehill.com/blogs/blog-b…

    A Pennsylvania school district that recently came under fire after threatening parents that their kids could be recommended to be put in foster care if they didn’t pay off their school lunch debts has turned down an offer from a local businessman to clear the debts, The Philadelphia Inquirer reports.

    According to the local paper, the Wyoming Valley West school board rejected an offer from Todd Carmichael, the CEO of La Colombe Coffee Roasters headquartered in Philadelphia, to pay off over $22,000 worth of debt for local students.

    In an op-ed Carmichael wrote that was published in the Wilkes-Barre Citizens’ Voice on Tuesday, the businessman said that he had worked with his team to “reach out to the school district to let them know we were eager to donate the full amount outstanding, reported as $22,467.”

    “On Monday, we talked to School Board President Joseph Mazur to determine the best way to transfer the funds in order to wipe the slate clean and restore dignity to the 1,000 families who received these threatening letters,” he continued.

    “Shockingly, Mr. Mazur turned us down. I can’t explain or justify his actions. Let me be clear: we offered over $22,000 with no strings attached. And he said ‘No,’” Carmichael went on to write.

    • what an assBeeswax
    • https://www.npr.org/…Beeswax
    • they will accept the donations nowBeeswax
    • there is so much idiocy in this article, beginning with the fact children in the public education system are charged to eat.colin_s
    • just wow! someone doing well generously offers to help and the district turned it down until it went public. that district has to be corrupt.capn_ron
    • I anyone else horrified that people who can't afford food are being shaken down? Why doesn't the district feed those kids?! wtf.zarkonite
    • Idiot nation. It really is short term thinking.PhanLo
    • I used to not like La Colombe. Then I started drinking them. Now I love themcannonball1978
    • haha. regain dignity to deadbeats not paying for services. nice to see focus on issue without looking for a PR stunt handout. Stunt clearly doesn't fix the issudeathboy
    • colin why do you think someone should get free lunch? think that is what is of importancedeathboy
    • free lunch is great. free homes great, free shit period is great. but where does free shit come from and where do the costs go we ignore.deathboy
    • poor people have more hope and less defense. they are the perfect prey.imbecile
    • @deathboy making sure kids are fed is a basic thing we should do for each other. We'd have to be all kinds of losers to admit we can't afford caring for kids.zarkonite
    • Free school lunch, paid out from the regional tax = all children are on an even footing, and poorer families are supported. Or should just keep the poor poor?shapesalad
    • Hope when you are all 50 years old and can’t get a job because no one hires a designer aged 50, that you can still pay for your kids school meals.shapesalad
    • zarkonite free food for all kids defined by what age and paid by whom?deathboy
    • if that is the goal say the cost and who pays. and be specificdeathboy
    • curious if someone without a child should pay? no one pays for my hobbies that give me the good feelies, yet i pay for othersdeathboy
    • is that fair? but that breaking down who actually will pay an costsdeathboy
    • Everyone gets a lunch. Easy. And please note I never used the word free, I grew up in a retarded socialist regime and I know better than to use that word whenzarkonite
    • discussing handouts.zarkonite
    • well than you should be very considerate of the cost zarkon knowing its not free. The end is easy, the payment not so much as you should know from such regimesdeathboy
    • so how do you control price of lunches coming from the regime? who are do you nominate to sacrifice?deathboy
    • There's already plenty of knowledge out there on how to feed people. This is the silly part, you already paid to know how to do this. But now you have shittyzarkonite
    • administrators on the ground that can't figure out how to execute. Learning is an investment, and it will have a positive ROI in the long term. Especially for azarkonite
    • place like West Virginia who was built with resource extraction, it'd be good for them (IMHO) to get some education to get out of their funk.zarkonite
    • and I'm assuming you agree that hungry kids won't be able to sit in class and learn?zarkonite
    • I have to ask, your federal government has a budget of 4.4trillion. When you say who's going to pay, do you mean to say you think ALL that money is well spentzarkonite
    • and can't be redirected to things like this?zarkonite
    • jesus christ, deathboy, the answers to all your questions are publicly available because they're all actively in play in US schools nationwide right nowmonospaced
    • The idea of free lunches for low income students has been around for my entire life and yours. It's not a new proposal without planning, etc. Fuckin' hell.monospaced
    • You clearly didn't go to any higher education. Based on your absolute ignorance on this, it seems like maybe you were homeschooled too?monospaced
    • @mono I wonder if he understands how insurance works, or how expensive road infrastructures are. He doesn't like paying for others as if no one paid for him...zarkonite
    • "theres plenty of knowledge on how to feed people" .. yea i wont invest on that response. nor on your calling out poor administration of fundsdeathboy
    • what you describe is a turd that only drains more funds from private individuals with little interest. simply wrongdeathboy
    • i pay my road fund in gas tax by the way. NV is one of the states with the better road programs. but still EVs dont pay. probably need to rewrite rulesdeathboy
    • that tax directly to usage. funny always the under handed trying to debase me on "paid for education" Whos the sucker there?deathboy
    • And as a kid who worked with his mom in the cafeteria I know plenty about "reduced" lunches and late payments. I know first hand about deadbeat parentsdeathboy
    • and my mom breaking rules to feed the kids. Giving extra and what not. A payout for PR only teaches parents to be more irresponsibledeathboy
    • Or maybe that is what you are hoping for your kid mono. Be dead beat and hope people pick up slack. Your views reflect how you raise.deathboy
    • you seem to have such little life experiencedeathboy
    • and yet, I have more life experience than you ... are you married with children?monospaced
    • also, your mom was a lunch lady? and you advocate AGAINST minimum wage increases? hearltess bastard!monospaced
    • The fact your mom had to break rules to feed hungry, needing children, just points to the fact the rules need to change, ffs. You're so ass backward here, dude.monospaced
    • i advocate against it yes. its takes real knowledge and not chasing greed or self interest. which is the point you miss.deathboy
    • knowledge that minimum wage hurts more than it helps. its a purely stupid arbitrary rule through gov. do you think a fed mandated minimum wage works for a smalldeathboy
    • midwestern town as it does in a larger city? to think economies are not living breathing unique things evolved from environments.deathboy
    • as far as kindness of my mom. just shows human element that doesnt need rules. you build rules you deteriorate that element. charity becomes resentment.deathboy
    • Also her working at school low wage was what she wanted. she valued her children. plus it also saved on food cost with us helping out serving.deathboy
    • she would think it an insult to look down on the wages for the work. that shit would be petty and superficial. another thing you should learn isdeathboy
    • a lot of people make the money they make and if low have no issue. And quite sick of people who have never walked a day in their shoes trying to use them for pedeathboy
    • rsonal agendas. so lil experience outside your bubble man.deathboy
    • and that is why you will never reproduce ... it's funny how things just work outmonospaced
    • @deathboy, why are you so quick to label people ‘deadbeats’? Do you know them all? What do churches do w/ all the money they collect? Should they just keep it?scruffics
    • sometimes labels are a must in discussion. I'm totally fine with spending on "deadbeats" out of charity. Big difference from public spending.deathboy
    • I actually think churches and small organizations are better capable to sort out "deadbeats" than any public mandatory system with no discretion or value of juddeathboy
    • gementdeathboy
    • see the thing is I KNOW i can't correctly evaluate everyone and judge wether they're a deadbeat or money is being wasted and better used on others.deathboy
    • i just support structures that enable charity to be dispersed the most effectivelydeathboy
    • And you are ok with churches paying no taxes?scruffics
    • no im not really, but most culturally still beleive in the god shit and altruism. other take advantage of it. a bit fo double edge sword between idiots and gamedeathboy
    • rs of the system. And i think the non-profit intentions have and only are gamed these days by corporations. The idea that was there is no longer validdeathboy
    • however if you equalize the tax you might see people communicating a little more honestly with intention of efforts.deathboy