capitalism

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  • Ramanisky23

    • insane the profits being made by hedge funds atm. anyone that endorsing this system is scumkingsteven
    • https://www.marketwa…R_Kercz
    • Deathboy just busted a nut!utopian
    • https://i.imgur.com/…utopian
    • Hmm what happened in 1939nb
    • Anyway, 16M is about double the number of people who lost their jobs during 2007 global financial collapsenb
    • I mean Americans, not worldwide.nb
    • hospitals in the US are laying off staff right now. also BioAnal? is BioAnal up?kingsteven
    • no nut utopian. wondering if more a weimar republic situation in liquidating cash back into assets seeing infinite bailouts. as u post stock isnt market, butdeathboy
    • it makes up a large part.deathboy
    • personally for me a saver this situation is the worst in it will destroy the value of the dollar. however i started to leverage seeing this in jan and im prettydeathboy
    • good. not like super gains but a balance to beat inflation in near term with maximum liquiditydeathboy
    • how are u doing?deathboy
    • We have to dream a new America. An America that no longer has an exploitative view of natural resources. No longer promotes consumption at all costs.neverscared
    • year zero boys, year zero.neverscared
    • I can't believe I still have a job.CyBrainX
  • NBQ008

    Spanish Government Aims to Roll Out Basic Income ‘Soon’: https://www.bloomberg.com/news/a…

  • Fax_Benson3

    This is good. Capitalism runs the risk of killing itself by radicalising young socialists, rather than co-opting them. A bit simplistic maybe but massively frustrating if you're in a western country that stubbornly refuses to learn any useful lessons.

    https://www.nytimes.com/2019/12/…

    • The US could never adopt a Nordic model. Even if they tried it would take generations to fix. A good chunk of the US is just too simple minded.PhanLo
    • What is scary is the idea that quite moderate left of centre views are now considered radical. Look how Corbyn's proposed raise of corporation tax is still wayfadein11
    • < lol the Nordic model is capitalist (easy to start a business). With a large social net (high taxes).Hayoth
    • lower than France and Germany Scary how well the media works for it's masters in
      our country.
      fadein11
    • Cure for young socialists is that most grow out of it. The hypothetical world of campus (which is great for pedagogy) is far, far different from the real world.BustySaintClaire
    • they need something to grow up into though. Conservatism is currently a dead end, ideas-wise. There's no future in it.Fax_Benson
    • tbh i'm not sure hayoth or busty read the article, taxes aren't actually that higher, and the importance of socialist values under capitalism - both covered.kingsteven
    • Eh a puff piece ignoring anything outside the narrative. Numero uno immigrationdeathboy
  • i_monk1

    • ..."the only reason Bolivia has been able to thrive in recent years is that it has incorporated elements of a free market economy."...Morning_star
    • "...the IMF, that champion of the free market, concedes that Bolivia’s socialists have been more effective in combating extreme poverty..."i_monk
    • ↑ battle of one liners makes noone smart.pr2
    • LOL at socialism vs capitalism. it's about thugs, gangs, they don't care about ideologies, except they need them to influence and fool the public opinionuan
    • I can't pretend to know what's going on but I read this, which may or may not be accurate
      https://systemicalte…
      Fax_Benson
    • yep, no need for the side show... the relevance to capitalism: https://i.imgur.com/…kingsteven
    • @pr2: Exactly. Any unsourced quote can be countered by another.i_monk
    • @kingsteven Domise was a promising candidate for city council a few years ago, but was #metoo'd (all charges withdrawn after).i_monk
    • @i_monk: Exactly. "...the first post in the sidebar on QBN is alway the most accurate and insightful..." - Karl MarxMorning_star
    • a coworker's wife is currently in Bolivia, she says exactly the opposite of these tweets, Evo thugs are the ones burning buses and creating chaosernexbcn
    • Evo wanted to introduce indefinite reelection, he lost a referendum to enable it, then the supreme court allowed him to be a candidate for reelection...ernexbcn
    • ...then he stole the election, same script as Chavez in Venezuela, once these thugs reach power they won't let it goernexbcn
    • I'm not sure 'socialist president' is even that relevant in relation to Morales the MAS are a mixed bag. The other lot seem like a christo-fascist nightmare...kingsteven
    • Holy shit. You mean that this is a complex situation and placing the problem squarely at capitalisms feet is a bit daft. Who'd have thought.Morning_star
    • Expropriating lands and nationalizing companies isn't socialist to you? Stealing elections and Arming civilians with guns to kill dissidents doesn't concern youhotroddy
    • no, i'm saying the OP touches on the part of the story that relates to capitalism and the sidenotes are daft.kingsteven
    • Bullshit, Bolivia's GDP has been shrinking lately... their lithium mining operations are in shambles. They're playing the numbers game like most socialistzarkonite
    • governments by giving free money to poor people and pretending like that's a solution to poverty. As soon as the economy tumbles the cash faucets get turned offzarkonite
    • for the poor and the illusion of progress is gone. The solution is job creation, not re-distributing wealth.zarkonite
    • Oh and let's not ignore the fact that almost all of the gains in wealth for Bolivia come from natural gas, you know, that thing that's killing the planet.zarkonite
    • hotroddy i'd say hes an anti-capitalist who's party is propped up by socialists and anarchists. nationalisation is not inherently socialist...kingsteven
    • that would be socialisation... he was acting to stop the exploitation of reserves by multinationals but perused and obtained better deals with them...kingsteven
    • by giving mining rights to russian and chinese companies instead?hotroddy
    • there are two world views: i. authoritarian and ii. democratic. By siding with Evo you are siding with authoritarian (ie. China, Russia, Cuba,Turkey etchotroddy
    • hah, who is siding with Evo? i'm saying it's a shitshow. im saying your wrong and clutching for a political link to communism. remember when russia offloaded itkingsteven
    • its US debt and near crashed the economy, or looked at the trillions of US debt owned by China?kingsteven
    • i'm not sure what your point is. The only truly communist country left is Cuba. And they live like dogs.hotroddy
    • US debt owned by china is a result of Globalization and if you don't agree w it then you must be a trump supporter.hotroddy
    • i'm not taking sides in a shit sandwich.kingsteven
  • imbecile3

    DOLLAR GENERAL CLAIMS IT’S A DISCOUNT STORE. IT’S NOT.
    We investigated how they charge more for less.

    https://perfectunion.us/dollar-g…

    • It's expensive being poorPhanLo
    • Your fault if you shop at Dollar Generalnb
    • Where is our beloved and patron saint of the people, Captain America when you need him?utopian
    • How is it "their fault" if the shop at the only store in the town? Dollar General intentionally builds and clusters multiple stores in low-income areas.utopian
    • nb likes to blame the victim instead of readingimbecile
    • True. I did not read the YouTube videonb
    • This store costs more and you refer to the shoppers as “victims”? Luuuulznb
    • All the grocery stores in my neighborhood are expensive. Whole Foods is the cheapest. Am I a victim? I had no ideanb
    • The article also says that DG is building stores where no one else will. So I guess these people are victims of being able to buy groceries nearbynb
    • one lady has the time to sue over a quarter of a dollar, the other records the narration on the toilet.sted
    • in europe you they have to give you the product at the advertised price.sted
    • you do a lot of guessing. you must be used to being wrong a lotimbecile
    • Why doesn’t someone in this town open a grocery store that offers cheap prices and high wages and get all the market sharenb
    • No one is stopping them from having a local grocer to compete with DGnb
    • No shit, nb. You can be this dense. It’s not like the town can just open a grocery store ffs. Or “somebody” for that stupid ass matter.monospaced
    • https://www.youtube.…imbecile
  • _niko3

    I think I need captain capitalism to explain this to me

    https://www.bbc.com/news/busines…

    Bezos sells 4 billion worth of shares but will pay no taxes since Florida law (where he resides) doesn't charge taxes on investment earnings OVER 250k?

    so rich cunts make the laws to help other rich cunts out and poor cunts who are hurt the most get screwed again?

    • VELCOM,
      TO ZOMBO.COM
      Nairn
    • Still pays fed taxes, thoughGnash
    • see the post below...PhanLo
    • He still pays a Capital Gains Tax. With Florida's small bureaucracy that goes a long way.hotroddy
    • never mind, there is no capital gains tax in florida. Which is why every tom dick and harry is moving there. $$$$$hotroddy
    • Miami is the Monte Carlo on this side of the pond.hotroddy
    • and he pays federal capital gains.hotroddy
    • lolfadein11
    • this is why we cant have nice thingsautoflavour
  • i_monk3

    Erik Prince Calls for U.S. to Colonize Africa and Latin America

    https://theintercept.com/2024/02…

    • America spent a lot of time and money destabilising Latin America. Weird how it never worked outPhanLo
    • America spent a lot of time stabilizing the Caribeean and South America. It was Castro and the Russians who destabilized it into the shithole it is now.hotroddy
    • lol, imaginei_monk
    • Who does love and could not agree more with a certified war criminal?utopian
    • I'd bet hotknobby would like to get colonizedpango
    • utopian level trolling pangshotroddy
    • no i'm serious. you don't want to get colonized?pango
    • @phan What? It totally worked. Cuba and Brazil were the only failures. America installed dictators all over Central and South America.garbage
    • ^hehe yep. Mad stuff like the Bay of Pigs. That glowing jesus attack idea was comedy.PhanLo
    • dipshits don't realize USA left a void in south america. Being replaced by Iran, Russia and China. There are more authoritarian govt's today as a resulthotroddy
    • BRIC nations are making Garbage poorer as he cheers as they try to replace the dollar.hotroddy
    • I'm honestly confused as how you're able to not just be wrong about some things, but everything. You have never made a salient point.garbage
    • Everything BRIC is something we absolutely wrecked on purpose, and we will do it again. Have you ever even been to America? It's what we do.garbage
    • Been that way since the Ford administration, ffs. China is completely entangled with us, they're not making any power moves without the US.garbage
    • Russia is just Russia (lol), and India is doing its best to pretend it isn't the biggest 3rd world nation on the planet.garbage
    • hotknobby should get colonized. he loves that shit.pango
    • ^ lol, I wonder what flag is printed on his ball gag.garbage
  • PhanLo3

    L O L
    -

    • The buffalo bills draw a lot water around here Lebowski. Children and families don’t draw shit! Stay outta Buffalo Lebowski!nb
    • It's call Corporate Welfare or Capitalism...deal with it!utopian
    • the city is hoping it will lead to fewer missed field goals.hotroddy
    • ^ I love that the following sentence is entirely true:garbage
    • Tyler Bass got so many death threats for that missed FG that he cut off all social media, and in response a local cat rescue started a donation campaign..garbage
    • ..in his name, and they raised over $100k in days. Football's weird y'all.garbage
    • Toronto's SkyDome cost $570 million in 1989 dollars and was largely funded by public money...colab
    • ...in 2004, Rogers Communications purchased it for $25 million.colab
    • Adjusted for inflation to todays dollars, it was constructed for $1.4 Billion and sold for $40.5 Million.colab
    • most of that 800 million will be going to NYPD pigs.face_melter
    • @garbage vincent gallo's fucked-up film buffalo 66 comes to mindhotroddy
  • i_monk5

    • I was thinking. I never said we should compare the safety net if the United States to that of Scandanavian or Canadian system. I said it’s the best..HijoDMaite
    • compared to other nations. Orher nation’s poverty and suffering is at a level not seen in this country since the Great Depression.HijoDMaite
    • I think this is pretty obv don’t you agree?HijoDMaite
    • Yes, the wealth re-distribution to the .1% has been pure insanity. So if that continues, we will plummet and eventually citizens will revolt.formed
    • as to bankrupting the country, just look at them tax cuts, increased spending and jeopardizing the entire economy with games.formed
    • Oh, and cutting everything that actually benefits citizens. Can't wait for those pre-existing conditions to take effect, that should help my business! Fuck.formed
    • Yes, now that you've had time to see how much better it is in Canada, Japan, most of Europe, etc, you realize you meant better than Syria and Haiti.i_monk
    • That's also the platform of every 2nd year university student, until reality happens.BustySaintClaire
    • So countries that have those things are somehow disconnected from reality?i_monk
    • Dude come on. I know a lot of things sound great but they are not rights. The constitution says “...and the PERSUIT of happiness” not the RIGHT.HijoDMaite
    • 1. Pursuit. 2. Life and liberty precede the pursuit of happiness, and arguments can be made that most of those bullet points serve one or the other.i_monk
    • 3. You enjoy lots of things that aren't specifically enshrined as "rights" but would freak out about if they were removed.i_monk
    • Citizens will revolt. You got that right.docpoz
  • utopian3

    Elon Musk just requested $100 million from the US government

    The automaker has requested $100 million from the United States government to build nine charging stations for the Semis, according to CleanTechnica and Bloomberg. The stations will be strategically positioned between Northern California and the southern border of Texas. Each station would feature up to eight individual 750-kilowatt chargers, which means eight Semis could charge simultaneously at each of the nine stations.

    https://techstory.in/elon-musk-j…

    • shame on him for trying to reduce transport costshotroddy
    • Corporate welfare beggar...American capitalism at its finest!utopian
    • I realize that grasping how this can benefit you might be a significant cognitive shift, and it seems more convenient for you to simply echo "corporate welfare.hotroddy
    • Will they be run powered by diesel generators like his Central California one?instrmntl
    • https://www.sfgate.c…instrmntl
    • @hotnobby - so trucks (owned by companies and presumably sold by Tesla) carrying goods (sold by companies) should have their operating costs reducedBuddhaHat
    • by having their charging networks built using taxpayer dollars? Tesla also paid a $0 in fed corporate income tax in 2021. All so Tesla sells more trucks?BuddhaHat
    • Just Your Typical Everyday
      American Crony Capitalism
      utopian
    • pure commie vibes... he likely starts building his glas house 42 in austin with it...neverscared
    • he may be reducing surface level trans costs, but he's pulling more power than the current infrastructure can handle. so, he's really not reducing costs.doesnotexist
    • Yes Buddha, if the current isn't helping keep fuel costs down, the least it should is try to subsidize alternate forms of transportation.hotroddy
    • and it should look to private enterprise to do it bc Cali's bureaucratic corruption railroad costing $200 million per mile ain't gonna cut ithotroddy
    • *current gov'thotroddy
    • Elon Musk: "socialism for me, but not for thee"BuddhaHat
  • detritus5

    "BlackRock’s Message: Contribute to Society, or Risk Losing Our Support"

    https://www.nytimes.com/2018/01/…

  • i_monk9

    ^

  • grafician2

    • not even. sometimes it hurts you. case in point: Hunter Biden.hotroddy
    • Hunter Biden is the ultimate rich kid, he was smoking crack not so long ago. Now he’s chilling. Most folk don’t come back from the crackPhanLo
    • Be the rich parents for your kids, I guessnb
    • unfortunately so true...oey_oey
    • Def trueinstrmntl
    • I knew a guy who had a weird flip out from smoking too much weed and held his best mate hostage in his house for a couple of days with a kitchen knife. His...PhanLo
    • ...family had loads of money, hired the best lawyers and it never went on his record. He's now a doctor.PhanLo
    • Chet Hanks is a good example of being a complete fuck-up but somehow still succeeding.PhanLo
    • “Succeeding”_niko
    • Strong family. Did you dad do the right thing or piss it all away?Raybandana
    • this guy was a psuedo childhood friend of mine:
      https://crimesandcon…
      hotroddy
  • nb6

    Welcome to life in big-city America 2022, where $100,000 salary feels like you’re just scraping by.

    Fuck. How do we expect all the cool important people to keep living in nyc? The only artists left will be the trust fund kids and the stars of the latest broadway nostalgic interpretation of some dumb hit film.

    Sad!

    • De-globalisation and de-industrialisation are playing out, cities are now for the rich, but soon to be death traps under siege, with no water or food.shapesalad
    • I think you’re underestimating how much money governments are willing to spend in order to protect the property rights of the rich.nb
    • And all the most expensive real estate is in the big cities.nb
    • Shapesalad, you should write a science fiction book.toemaas
  • utopian5

    Elon Musk has repeatedly bragged that he'll pay more in federal taxes for 2021 than anyone has ever paid — about $11 billion. But Tesla apparently won't pay a cent.

    Tesla may not plan to pay federal taxes any time in the foreseeable future -- even though the company just reported by far its most profitable year ever. In 2021, Tesla recorded net income of $5.5 billion, and adjusted income of $7.6 billion.

    But buried in a footnote of its recent annual financial filing with the Securities and Exchange Commission, Tesla reports that its US operations lost $130 million last year on a pre-tax basis. It claims that all of its pre-tax profits — more than $6 billion worth — came from overseas operations, even though 45% of its revenue came from US sales.

    Although Tesla indicates its foreign tax bill came to $839 million, its state tax bill was only $9 million. And its federal tax bill was zero.

    https://www.cnn.com/2022/02/10/i…

    • the green new deal by AOC = he'd be getting a nice corrupt gov't kickback for going green.hotroddy
    • You're either for subsidizing green tech or you think Tesla should pay taxes.zarkonite
    • As usual...he doesn't have a fucking clue.utopian
    • Always taking out both side of his ass.utopian
    • "talking" or "taint"utopian
    • Shouldn’t companies like Tesla be helped until all cars are electric?Chimp
    • So which is utopia? Are you in favor of subsiding green tech? If so, once again you contradicted yourself.. . enjoy that amazon prime account. :)hotroddy
  • PhanLo5

    • Big Pharma, Congress, Wall Street, Doctors, Pharmacists, Lawyers and Street Dealers Alike...Are ALL To Blame.
      – God Bless American Greed!
      utopian
    • and 0 convictions, yet the guy addicted to these opioids that robs the gas station gets life._niko
    • It's good they helped out the heroin dealers by getting 4/5 users started on their drugs.PhanLo
    • love Georg Rockall-SchmidtLeigh
  • PhanLo-3

    • ¯\_(ツ)_/¯PhanLo
    • Dictatorship is just him eating all the candy bars?shapesalad
    • People really don’t get these conceptshardhat
    • socialism:f ree candy, capitalism: $1.99 each you little commie shits._niko
    • candy from hell.neverscared
    • Don’t think about it too much, he just wanted you to see his T-shirttoemaas
    • Holy shit we’re politicizing halloween now?scarabin
    • I'm actually most upset about the ripoff logo. https://media.titus.…nocomply
    • Fuck you candy?OBBTKN
    • Would be fun to convince conservatives that Halloween is socialist and watch them cheat themselves out of the whole thing.monospaced
    • People really don’t get these conceptsjagara
    • People really don’t get these concepts.sted
  • utopian2

    Jeff Bezos and Elon Musk are among the 156 billionaires on the Forbes 400 who have given less than 1% of their wealth to charity.

    https://www.yahoo.com/news/billi…

    • Charity is capitalism. They're fighting the good fight.palimpsest
    • I wonder how much Jack Ma gave to that cause...or how much he was forced to give.uan
    • Tax is extortion.palimpsest
    • Leave it to commi utopian. Their wealth is not tied to CASH you fuck$n idiot.Hayoth
    • They have tons of cash, hayoth, you socialist pinko shill.monospaced
    • And you can’t only donate cash, you fucking idiot. Of course you won’t reply. You don’t have the spine to defend your nonsense.monospaced
    • Our village idiot has spo卐en.utopian
    • Bezos's net worth comprises $1.34 billion in cash, $9.15 billion in private assets, and $171 billion in public assets.utopian
    • Musk's net worth comprises $7 billion in cash, $130 billion in private assets, and $9 billion in public assets.utopian
    • 卐 Hayomook 卐 Do your own research!!!utopian
    • Plainly put for our fucking village idiot... Musk has roughly 7 Billion dollars of cash on hand and Bezos around 1.5 Billion dollars in his back pocket.utopian
    • Hey Mookler - Never let the truth get in the way of a good story.utopian
    • Explain to people at home how charity can fight capitalism.
      May the truth prevail.
      palimpsest
    • Just gonna leave this here: https://www.forbes.c…Morning_star
    • Oh...and this...https://www.v...Morning_star
    • https://www.vox.com/…Morning_star
    • Still less than 1%monospaced
    • The welfare of the many should be the responsibility of the individual.
      Sounds a lot like an argument for capitalism.
      palimpsest
    • he is shooting a useless rocket into space... thats enough help for the poorneverscared
  • grafician2

    BREAKING: US Treasury Secretary Janet Yellen announces that 130 countries, representing over 90% of global GDP, have agreed to a global minimum tax on large corporations.

    • Wow! The other 65 counties are about to gain a lot of corporate HQs and GDP share!nb
    • ^eggzactlyGuyFawkes
    • Or, they would if there weren't guaranteed to be a plethora of loopholesnb
    • Can I see a list of the 10%... so I can plan my move.shapesalad
    • see you there shapeMrT
    • Amazon will now become a proud Tanzanian companysrhadden
    • My understanding is that won't work. They'll be taxed based on where they do business, not hq. But I have zero faith any of this will make a difference.formed
    • but that's the point!
      In Europe if you stay in one place for at least 6 months you need to change your tax jurisdiction and you pay taxes there, not at home
      grafician
    • Amazon doing lots of business in Europe and not paying a dime in taxes because they're a US company, it's over with this bullshitgrafician
    • Btw here are the tax rates worldwide 2021: https://worldpopulat…grafician
  • grafician0

    Fed 2021

    • print moar!Milan
    • i have an econ degree and this is a better article than my 4 yrs, in school https://pluralistic.…jpgjpg
    • Such a Great Ponzi Scheme!utopian
    • And people still don’t get Bitcoin...shapesalad
    • Bitcoin looks just like that, but with a mirrored graph going down...formed
    • Inflation caused by Biden’s macro economic policyhotroddy
    • Inflation at 5% was announcedgrafician
    • @hot LOL! Yeah, all this happened in a few months, nothing to do with the previous admin's bloated budget spent on nothing, the pandemic, etc., etc., etc.formed
    • ^graf - I am seeing a lot higher than that. Being the HOA Pres (joy), I get to sign all the checks. Everything has gone up more than 10%. Scary stuff.formed
    • also debt as share of GDP is 131%grafician
    • @formed: the numbers https://inflationdat…grafician
    • if all this spending is done properly with good investments in key sectors, and not just wasting money to the rich again, the US will bounce really goodgrafician
    • let's hope it's not the armed forces again.uan
    • Uhhhhh. This was a national and global pandemic response. Wankers everywhere.monospaced