capitalism

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  • imbecile4

    • But I thought it was bootstraps and hard work that earned you the monies?MrT
    • Job cuts = stock rising, higher pay = stocks go lower. Capitalism.formed
    • I reckon airlines should have happy staff before happy shareholders thxMrT
    • The Onion?maquito
    • I reckon as a commercial business they should probably aim for happy customers first.Morning_star
    • ^ absolutely, and shareholder returns are not on the route to that either. Just ask Qantas customers...MrT
  • utopian2

    31 billionaires are each worth more than the US has in cash

    https://www.cnn.com/2023/05/29/i…

    • US has nothing in cash, its a shitload in depth.milfhunter
  • utopian0

  • utopian0

    • lol, 'when the poor fight back'.hotroddy
    • are you sure you don't mean when the poor rob the middle class?hotroddy
  • PhanLo2

    • Ali G?_niko
    • he can't figure it out? you're not selling streams. you're selling subscriptions.hotroddy
  • 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
  • utopian1

    A growing number of sports bras, shirts and leggings brands found with high levels of toxic chemical, watchdog warns.

    New testing on a variety of popular branded sports bras and athletic wear has revealed high levels of BPA, a chemical compound that's used to make certain types of plastic and can lead to harmful health effects such as asthma, cardiovascular disease and obesity.

    Sports bras sold by Athleta, PINK, Asics, The North Face, Brooks, All in Motion, Nike, and FILA were all tested for BPA in the past six months, and the results showed the clothing could expose wearers to up to 22 times the safe limit of BPA, based on standards set in California, according to the Center for Environmental Health. The CEH, which conducted the testing, is a non-profit consumer advocacy group focused on exposing the presence of toxic chemicals in consumer products.

    https://www.cbsnews.com/sacramen…

    • All those ‘made with ocean plastic’ sneakers and clothes... are being made with toxic plastics.shapesalad
    • Especially if those ocean plastics are from a few years ago when BPA was still in use.shapesalad
    • Why is now 'a thing' to have to wear polyester to do sports? Yes, it dries quicker, but it STINKS far quicker than cotton.shapesalad
    • ^ not the clothing I have, they never smell, ever, and I workout 2 hours per day.formed
    • It must be my racist sweat glands.shapesalad
    • it is no surprise to us that you think everything stinks shapekingsteven
  • utopian5

    • Hang on, Hotroddy has kids?fadein11
    • To me as a parent of 2 sons, this is exciting albeit illegal. I have a 13 year old nephew who refused to work and get anything he wants between his mom / dad...ideaist
    • ...NOW divorced.

      I worked summers in the fields here in Ontario, ON a touch older than this.
      ideaist
    • lol @ f11!formed
    • ^^^MrT
    • Dayuuummaquito
    • @ideaist lol...you too? lol.. thought it was just me. I grew up in Peterborough, out in the country, spent my childhood working on a local farm. Think i was 9..exador1
    • started when i was in about grade 4, so probably 9 years old... most of the kids in my area did that starting at the same age...exador1
    • it was something to do, and you got a few bucks etc...at that age it seemed like a gold-mine lol... pretty hard labour for a 9 yr old, but we did it anyway...exador1
    • one of those ai things:
      Q: What do you call a group of young kids working at McDonalds?
      A: A Happy Meal of Small Fries!
      Squiddy
    • the dif bw US and Canada is children of all classes work in Canada (at least during summer). Very rarely do families have a 'cleaning lady'.hotroddy
    • Canada was not the two-class system that US is/was afforded by slave labor (historically) and now w cheap immigrant laborhotroddy
    • I think the work ethos of Canadians is why their socialist programs are able to work for the most part.hotroddy
    • So you’re saying slavery — racism — is to blame for how awful American economy is. ;) finallymonospaced
    • hotroddy throwing out the systemic racism that pervades American society even today. welcome to the left, bitchmonospaced
    • not sure the Canadian economy is any better off than the American. The American is stronger dollar. I think the job market is better in the US.hotroddy
    • *has a stronger dollar.hotroddy
    • if you want to race-bait the 'minority-soon-to-be... by correcting historical wrong-doings then I suggest you read up on Latin American socialismhotroddy
    • *corrupt regimesfadein11
    • The culture perpetuates corruption. Bureaucrats use the justification of rectifying past injustices to rationalize their corrupt actions.hotroddy
    • And USA currently has one foot in the tropics. Soon to be two feet.hotroddy
    • Look no further to BLM movement. 100 million in free money. Who did they actually help?hotroddy
    • I grew up in the restaurant business. I was washing dishes as soon as I could reach the machineGnash
    • Retail for me. First full day shifts on weekends or holidays either in warehouse or at cash register at age 11. Paid for a truly enormous CD collection!BuddhaHat
  • shapesalad2

    EV's I still don't see how they are good for the environment. We all should be like Cuba used to be - repairing the cars we do have.

    The energy and resources already used to manufacture all the cars now on the road - is wasted if we trash our cars to replace them with EVs. To build the EV's we need extra minerals and resources, non of which are great for the environment in extraction and refining.

    Then the power for EV's comes from? Electricity is not 100% from renewables. Renewable infrastructure is not a clean industry. Only nuclear is the most 'clean' source we currently have.

    Batteries last for a while, then what? Currently not recyclable. There's some ex-tesla guy trying to build a recycling plant for car batteries but it still has a long way to go before he figures out how to do it without the energy in being greater than the output.

    We need to repair what we have built and find ways to design out our reliance on cars to conduct life.

    • Also worth watching:
      Surviving Progress
      https://www.youtube.…
      instrmntl
    • Wow that video is hard to watch.instrmntl
    • in that its awful. I feel terrible for that community.instrmntl
    • manufacturers really should have an option to "modernize" older cars at a lower price-point than a new one. but updated safety features and all.doesnotexist
    • There's no way to 'modernize' old cars that would be economically or environmentally viable. That's ridiculous.formed
    • Renewables will be 'clean' as long as we keep moving forward (and there's not selfish morons in power, a la Texas).formed
  • 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!

    https://www.forbes.com/sites/der…

    • but the economy would collapse without these fine gentleman!doesnotexist
  • i_monk1

    The Mandalorian has gone downhill with each season.

    • Shinier with each episode,
      the armor becomes.
      sted
    • Haha, wrong thread.i_monk
    • They'll keep it going til season 200, probably the right thread :-)PhanLo
    • that armor will be so shiny in season 200 the sun is going to seek shade.sted
    • lolYakuZoku
    • This shit has season 3? I barely finished the first one. Fuck that.crazyprick
    • kind of is in the right thread. Disney's greed fucked Star Wars.MrT
  • utopian2

  • PhanLo1

    • Good vid. Doesn't need to invoke Elon, but I guess that helps with the clicks.Nairn
    • Yeap, defo more in the capitalism thread than the Melon.PhanLo
  • utopian3

    • Give a man a $1 and he can use a launderette. Give a man a launderette and he can wash everyone’s dirty knickers.shapesalad
    • Give a man a man and he can man a man.palimpsest
    • Give a bank a man and he can be the only teller on staff for the dayfuturefood
    • A man with turntable might be Rob da Bank.MrT
  • utopian2

    Isn't great that 12 year old child Mexican slaves pick our potatoes and broccoli. - Gawd Bless America! USA #1

    • Outrageous! They should be picking avocados for our brunches.shapesalad
    • modern slavery, still feeling the repercussions of the original slavery, can't wait to see what happens next.hotroddy
  • 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
  • utopian4

  • shapesalad0

    S&P500, hinges on the top 10 participants... of which, none are a 'Buy' when view from a 'value' perspective.

    • well take all with a pinch of salt. These YouTube finance guys just make content, not returns.shapesalad
  • 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, 2023

    The 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.

    https://www.commondreams.org/new…

  • utopian5

    • +1 for having california as your ideal example for socialism. the state that resembles a dumpster firehotroddy
    • It’s even cheaper if you cut sugar out of your diet and eat zero processed foods.shapesalad
    • exactly. somehow California can't stop pumping sugar into kids with soda drinks in school. but good for them fighting the insulin war.hotroddy
    • The last time I checked, sugar was an addictive drug pumped into the communities by corporations and their shareholders...its called capitalism!utopian
    • Research on rats has found that sugar is more addictive than opioid drugs such as cocaine.
      https://www.newhallh…
      utopian
    • Hotknobby you're one dumb and ignorant fuckwad of a subhuman. Stop watching Newsmax & Fox News for your facts.utopian
    • I agree sugar is addictive and unhealthy. But corporations should be free to use sugar in their products. After all, sugar is fine in small doses.hotroddy
    • Now that California is in the insulin business, they have less incentive to curb sugar in public schools.hotroddy
    • California can pass a law to ban tobacco sales to those born after a certain year but can't do anything about sugar use?hotroddy
    • stop calling me ignorant if you are going to preface it with statements like, "opioid drugs such as cocaine"hotroddy
    • So is intelligence, morality and ethics apparently_niko
    • Wow shapesalad and hotroddy just cured type 1 diabetes!dmay
    • the word is 'prevent' not 'cure'hotroddy
    • You can't prevent type 1 daibetes, dumbass! Learn before you say stupid thingsdmay
    • Type 1 diabetes is insulin dependent and as nothing to do with diet, it's an autoimmune condition.dmay
    • which type of diabetes affects the greatest % of popula'n? which preventive measures could have sweeping effects in the overall health of American population?hotroddy
    • ^ that's the diabetes in questionhotroddy
    • 1.4 million in America, 64,000 each year, is that enough?dmay
    • well, I was talking about the 36 million. Do you have type 1?hotroddy
    • I get the point. I empathize if you have type 1 and the medicine should be accessible and it's ridiculous the prices of insulin.hotroddy
    • **I empathize with anyone who has...hotroddy
    • My oldest daughter has it, and luckily I live in a "socialist" country where insulin, insulin pumps and glucose sensors are subsidized by the statedmay
    • You are fortunate in that regard. Hopefully, California can make it work. But paying for the costs for those eating/living unhealthy is a little much.hotroddy
    • and the high prices can be used as a deterrent for making poor choices.hotroddy