capitalism
capitalism
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- palimpsest5
Capitalism Starter Pack
- The last time I checked...dinosaurs went extinct.utopian
- Lies, all lies.
Don't get me started.palimpsest - @utopian Denver was a liested
- Denver was presented as "the last dinosaur" by the illuminati. They were testing the acceptance of dinosaurs not being extinct to the gen. public.palimpsest
- It was a failed experiment, people only adapted the rad colors and disregarded the truth that was offered to them.palimpsest
- zaq4
- No. No it isn't. Qasim has conflated two things that aren't comparable or interchangeable and has used 'let them eat cake' in an incorrect way.Morning_star
- Must be true, it got lots of likesGnash
- What is true is that our government is geared toward helping people with more money....and everyone knows itdkoblesky
- 1.7T does more good in the hands of 45 million people than 600 billionaires, unquestionably.i_monk
- i_monk3
Researchers gave thousands of dollars to homeless people. The results defied stereotypes.
- So to hotel rooms and food... Seems about right. But nothign in the article seemed to talk about the long term effects or real resultsdeathboy
- the results are exactly what i would expectdeathboy
- great way to incentivize homelessnesshotroddy
- "Participants were screened for a low risk of mental health challenges and substance abuse." - so it just studied the ones who were more likely to have ...Morning_star
- Just needed Hayoth for the triple.PhanLo
- ... a positive outcome. It suggest that it didn't defy any stereotypes at all.Morning_star
- They are all snowflakes. There is an interesting Doc "Reversal of Fortune", from 15 years back, but with 100K USD. He blew it in like 9 months.toemaas
- utopian0
Bill Gates, Elon Musk, Jeff Bezos and the rest of the ‘Oligarchic Dozen’ just reached a ‘disturbing milestone’
“The rich get richer” doesn’t even begin to tell the story these days.
According to the Institute for Policy Studies, the wealth of the top 12 billionaires in the U.S. recently exploded to more than one trillion dollars — yes, 13 digits.
The statistic, of course, is an eye-popping figure on its face, made even more so in light of the devastation in the broader economy due to the coronavirus pandemic.
“This is a disturbing milestone in the U.S. history of concentrated wealth and power,” said Chuck Collins, a director for the Washington D.C.-based progressive think tank. “This is simply too much economic and political power in the hands of twelve people. From the point of view of a democratic self-governing society, this represents an Oligarchic Dozen.”
Since the pandemic first blew up in the U.S. back in March, the “Oligarchic Dozen” has enjoyed a 40% surge in its combined wealth — or an increase of $283 billion.
- It's called capitalism...just ask deathboy.utopian
- ffsake it's only stocks, they don't have those billions in their pockets, or yachtsgrafician
- not unlike real oligarchs...grafician
- Who made the visual? I like how cheap it looks.SimonFFM
- the graphic designer from marketwatch made it.NBQ00
- Kinda misleading, tho...anyone with stocks would have seen a 40% increase from the LOWS of March, too (at least).formed
- (not defending the pathetic lack of wealth distribution, just the article was framed to tell a dramatic story, like Trump's claim of job growth since March)formed
- Don't get jealous, peasantsbabydick
- lolMrT
- It's monetary supply. When you create wealth through printing currency you devalue that Curreny and drive asset pricesdeathboy
- This is a great example of your democratic socialist leaders policy's. But Its so much more complex than just that on global stagedeathboy
- Certain arm chairs political economists take so much for granted on global scales. Truth is it's all gov manipulation and markets are going to show real correctdeathboy
- Not policydeathboy
- I just think of Goethe. Feels similar. Right now banking stocks or other forms of asset wealth may not provide any di ixendsdeathboy
- Hell utopian u seem to troll Tesla. Do u know what helps get it over 2k?deathboy
- If u cared... But not what u get paid fordeathboy
- Especially when fed is actively buying...deathboy
- utopian2
Did Warren Buffett just bet against the U.S. economy?
His latest investment raises some questions.
Warren Buffett has long been critical of gold as an investment, saying it “has no utility” and that the “magical metal” is no match for “American mettle.” He once wrote that “Anyone watching from Mars would be scratching their head” over how we treat the shiny stuff on this planet.
Yet the Berkshire Hathaway BRK.A, -0.58% boss just acquired nearly 21 million shares of Barrick Gold GOLD, -0.55% worth $563 million, while selling shares of Wells Fargo WFC, +1.11% and JPMorgan Chase JPM, +0.03% , according to 13-F filings released Friday afternoon.
The move kicked up buzz among gold bugs and other Wall Street watchers across the internet, who saw Buffett’s trades as perhaps signalling a shift in his views on the market.
- thats a surprise. He favors silver normally, he probably thinks things will get worseBeeswax
- Yeah, looks like backup. He's always thinking long term.grafician
- "Never bet against America" - Warren Buffet May 04, 2020utopian
- just like bloomberg.
BRK sits on an enormous amount of cash what will be unloaded somewhere,
and he is building a position in BAC (bank of america).sted - * Calls Parket Schnabel and Tony Beets *Morning_star
- * ParkerMorning_star
- "Some people claim that there's a woman to blame
Now I think, hell, it could be my fault"
- Jimmy Buffet, 1977.exador1
- zaq2
Universal Basic Income is Capitalism 2.0
What if a UBI wasn’t just a noble thing to do, but the best thing to kick-start the economy and explode GDP growth to previously unseen levels? I believe UBI is capitalism 2.0 and today I’m going to show you why.
- Didn't Spain actually implement this?yuekit
- I think this sort of idea, free market + greater redistribution is the way forward. But not clear the exact policy.yuekit
- It can't just come from printing more money though. Surely tax policy needs a drastic overhaul.mandomafioso
- Idiots. Thanks making emotionally and hoping some how reality ties indeathboy
- It's the future, no doubt. The wealthiest, and those in power, will want to keep it and throw some cash out the window (witness T/GOP now considering the $600)formed
- It's that or guillotines.monoboy
- It creates a culture of slackers, who 'retire' after school, never work, live off gov't cheese supplemented by petty crime, black market & underground economy.BustySaintClaire
- People need self-respect & dignity of having achieved something in life, contributing to society. Better to eliminate gov't takings from lower incomes.BustySaintClaire
- Ppl who don't understand monetary creation and macro economics or basic economicsdeathboy
- Old slavery was paying for meals and lodging and healthcare. ... Think about thatdeathboy
- NBQ003
- someone should tell him about shopify.hotroddy
- shopify lol, their platform barely works. my dev team loves building with shopify.utopian
- I'd almost forgot about Pocahontas, ever since Dems and eher home state rejected her, She pining for VP? Biden will choose either a ratchet or an underage girl.BustySaintClaire
- Get yourself a different dev team. Shopify is going to own ecommercehotroddy
- shopify barely works? sorry but you clearly haven't used it then.fadein11
- Clearlyhotroddy
- Shopify only works for small businesses.
its a shite closed ecom system.sted - sure, if fortune 500 companies are what you mean by 'small business'hotroddy
- not to mention it's empowering small business to compete against the likes of amazonhotroddy
- jtb265
Humanity is capable of better than centuries old economic theories that are dressed up versions of feudalism
#yanggang
- That's all very well, so tell us what a'better' economic theory looks like?Morning_star
- Better could be Doughnut Economics:
https://en.wikipedia…)Continuity - Seems pretty cool. However, the problem with a utopian model is that it is impossible to achieve and therefore unworkable.Morning_star
- It's being adopted on a smaller level by the city of Amsterdam.Continuity
- I guess, like communism, it can work in smaller communities. The problem with that is that it still requires a larger capitalist environment to survive.Morning_star
- and it doesn't solve inequality, access to opportunity, upwards mobility, fairness of due process, justice, warmongering, cronyism, corruption, etc.zarkonite
- Morning_star-3
It seems to be the prevailing opinion that capitalism is evil and should be eradicated like smallpox? Including those humans that have a personal wealth greater than... (make up your own arbitrary value here)...hung from the nearest lamp post.
Does anyone at all have any workable solutions that excludes a capitalist solution in some form or other? (Note the word 'workable')
- yeah, give up identities.uan
- Capitalism, Socialism and Communism all have their strengths and weaknesses. It's funny how most people do not realize how intermingled they really are.utopian
- https://i.pinimg.com…Bluejam
- It's the prevailing opinion of loudmouths, maybe. But not the general prevailing opinion.nb
- I hear you @Utopian and @NB, loud and clear.
@Bluejam: Bueller!Morning_star - it worked for france. Liberté, égalité, fraternité!Gnash
- it's simple. Complete free market, unless it's about affordable healthcare, affordable education & support of low income to eradicate inequality.Beeswax
- Maybe we could nationalise healthcare, utilities, domestic travel and let the free market take care of everything else.monoboy
- Much like the Scandinavian social democratic model.monoboy
- Its about understanding value rather than just cost. Takes smart leadership.monoboy
- Winner takes all isn't sustainable.monoboy
- you can't impose a model that people will take advantage of. scandinavian model speaks more about the people than the model.hotroddy
- True.monoboy
- Start with education?monoboy
- Socialism = Venezuela for example.monoboy
- Although, some already will worry that education = re-education in the communism sense.monoboy
- Although the current US/UK model is doing a brilliant job of eating itself.monoboy
- Que sais-je?monoboy
- @monoboy, do you see parity in the US/UK model even though healthcare is Free at source in the UK. And those that regulate industry and markets are very...Morning_star
- ...and the political system in the US is essentially 'the most money wins'.Morning_star
- ...are very (different)....Morning_star
- It is, but that's where we're headed.monoboy
- The UK establishment sees the kind of social democracy offered the EU as a threat to them. Hence the campaign.monoboy
- *bymonoboy
- I doubt anything will change, we'll go back to exactly where we were before. People will start winning bigly again.PhanLo
- The advantage they want is an unfair one.monoboy
- You are probably right PhanLo, but if this pandemic gets out of control in the US, it'll be curtains for the alt-fact brigade.monoboy
- The conspiracy theory fuckers will just double down and say it's Hillary controlling it all from a satellite orbiting the flat earth with George Soros in her...PhanLo
- ...belly like Krang out the Teenage Turtles. Inventing more stupid layers of an already stupid onion.PhanLo
- Could happen.Morning_star
- To answer the original question... umn, Taxes?kingsteven
- monoboy3
I hear prices for medical goods are rising tenfold as different states try to outbid each other for limited supplier contracts. What the actual fuck.
- Disaster capitalism in its purest form.monoboy
- I love when America pulls together as a nation in a crisis.PhanLo
- Murica that's why.utopian
- If u dont raise prices with demand u get super hoarders unless u limit and ration. Limit and ration doesn't encourage more suppliers to come into the marketdeathboy
- Place though so u will have limited production. A higher price premium drives competition and new production into the sector though. U might not like the pricedeathboy
- Increase but don't neglect what it's does to provide. Think ying to telecoms price gateways that spurred invention, competition and drove costs down.deathboy
- The alternative is forcing firms and haggling on price. For sure they will come in over budget and slow to produce when no one wants to make themdeathboy
- Since their is no incentive. Capitalism 101deathboy
- Not to mention Price discovery. Markets without that are not markets. A question of product viability and scale may rest on fda approved equipment vs peer reviedeathboy
- I'd look at removing gov bottlenecks that hinder production and encourage diligence on doctors and hospitals and how desperate they are. Why let someone diedeathboy
- Waiting on lack of something vs trying what is on hand and sharing wether a success or notdeathboy
- If all of that sounds crazy vs what is being done than I guess I'm crazydeathboy
- Traditionally it’s lowering prices that causes competition. NOT the other way around which is the basis for your entire nonsense theorymonospaced
- Also, what government bottleneck is stopping production? That’s right. None. You’re making it up.monospaced
- Mono. When there is a high price premium for so etching in demand u create Incentive for competitiondeathboy
- People want that capital and see ways of undercutting. It's innovation and competition that created lower pricesdeathboy
- U can't force lower prices by gov decree to create competition. U create less competition. Ie when Obamacare set it's standards competition in nv for disasterdeathboy
- Healthcare shrank from 16 to 3. One major medical with such terrible price points and a ever changing fly by night scam versionsdeathboy
- Again shows how little understanding of markets forces u know. But it's not like u ever got any study on it either. Just a simp repeating what u are tolddeathboy
- Think about it your idea lowering price's creates competition. What are u a designer or some shit. Let's lower your pay to grow economy and competitiondeathboy
- How u can even think that works is beyo d me even with logical fallacies. It's absurddeathboy
- Side-notes boy to the rescue, what a loon.utopian
- Yea yea. Make comment in disdain in hopes creates similar sentiment outside objective reason. only real weapon u havedeathboy
- When u can't debate or argue a point the parlor games are quite tritedeathboy
- you are a walking fallacy, and the delusion that you are the sole human with the answers why EVERYONE ALIVE ON THE PLANET is wrong is insanity (or stupidity)monospaced
- See, the thing is, I work in a world where market fluctuations are part of my job. You live in your mom's basement and have no education. Do the math.monospaced
- So, when I say that lowering prices causes competition, it's true. Look at the history of market competition. It's always the case. Always.monospaced
- Another 20-30 dumbfuck, rambling, incorherent notes about how stupid your idea is is expected. Go on, dumbfuck. Show me your stupid. Please.monospaced
- Your argument of fake authority. Is not reason. You are simply a fool that wears it proudly. I say it so it is so! Release the kraken! Hahadeathboy
- U can't provide substance on an intellectual level but u do provide comedydeathboy
- whatthefunk6
- He needs to save up for his space rockets.PhanLo
- https://www.theguard…Fax_Benson
- Beeswax1
- $ bills will look like this soonBeeswax
- i member this: https://cdn.shopify.…renderedred
- Lira?deathboy
- At least we'll have three rocks instead of Trump.CyBrainX
- why did they have Peter Cushing on the
10 000 000 000 note, renderered?Nairn - If it does, I hope they put Trumps face on them to remind everyone.monoboy
- it's tesla @nairn :)renderedred
- What's the significance of the rocks?yuekit
- @rend: ;)Nairn
- i_monk4
The pandemic has really taken the shine off hasn't it?
- HayoMook just got Deathboy pregoutopian
- I have no idea what any bunch of tweets with no context mean... Well I do.. they are meaningless. Seems up your alley utopiandeathboy
- Hell u should utopian if u understood anything you think u value you should be super fuckin happy at everything gov is doingdeathboy
- I don't think u understand a fuckin thing of what is going on economically. No one can predict with certainty what is about to happen. And it's going be an intedeathboy
- Resting decade to say the least. But none of this at all is capitalism. If can understand anything it should be thatdeathboy
- Or maybe not. I bet u can't even define it. But everything happening is what u ask for all the timedeathboy
- eat shit deathboy...you dumb fucktwatutopian
- “Real capitalism has never been tried”yuekit
- all my teacher friends are on extended full-paid holidayBustySaintClaire
- Utopian can't even define capitalism folks. Resorts to insults... This is not news. Just everyday stuff. Talk about progressdeathboy
- utopian3
Greed is Good...but war is great.
Gawd Bless America!
- the ultimate money-maker: war!renderedred
- more corporate socialism! Handouts to businesses, taken from the taxpayer.formed
- uhm could this be false correlation?Not to say it could be on hopes of war shit, but so many other gainers this week with such news its nonsensedeathboy
- ie beyond burger stock in the last 5 days... its more excess capital looking for short term gainsdeathboy
- deathboy do you have to be a contrarian in every single post? playing the role of the qbn clown or something?inteliboy
- would you prefer me a QBN bro inteliboy and like everything and give virtual pats on the packs? Do you even know what you are asking?deathboy
- Your asking for me to ignore the bullshit spewed and comment on as such. To just what go with the flow and maybe i wont be socially thought of as a clown?deathboy
- my proposition is to be more contrarian. Not without merit. Challenge it all. See who can come back with any understanding of subject materialdeathboy
- like in this case inteliboy is there no possible false correlation? There has been a market meltup with repo action in all segments. And regardless of iran wardeathboy
- so contest my contrarian shit or fuck off. I only have so much patience to explain kindly the capt wow shit you dance arounddeathboy
- it's not false correlation, it's direct correlation. If you really are implying it's pure coincidence, maybe provide a reason?monospaced
- Your argument that there were other gains holds no water, because there were clear reasons for them (earnings reports, etc). And I'm not making that up.monospaced
- If you paid attention to this regularlyyou would see the pattern in war rumors and the gains in these specific companies. It's NEVER been coincidence.monospaced
- I appreciate that you are questioining everything, but isn't that in hopes of getting the truth? Well, yo'uve got it now. you were wrong, it's not coincidence.monospaced
- Yes stock is trading regardless of narrative. A month on and look at its actiondeathboy
- PhanLo1
Lol, keep working tramps.
- I wonder how much water one could save by reducing the tears wasted crying over the fact some folks are far better than you at making money, Jerry.PonyBoy
- Lol. It's just some tramp chat Pony.PhanLo
- I was just bitch-talking Jerry... not you, phan. :P I barely make enough scratch to justify wasting time on QBN so I shouldn't be taken too seriously.PonyBoy
- haha right. or at least learning how to cheaply desalinate them to use them for there home garden.deathboy
- Can't take anything too serious on here, it's all sort of a joke.PhanLo
- but more importantly i think phanlo addition says plenty. "keep working tramps" displays a disdain for work. not like a pat on the back towards work to getdeathboy
- to a position that you are so valuable to so many people. just a disdain for wealth and work.deathboy
- What's the point here?formed
- no real point formed. a person displaying their jelly and adults saying grow up and stop looking at what others have :)deathboy
- Work smarter, not harder and just stop being poor.PhanLo
- eh sometimes working harder is smarter right? all relative. Sometimes i work hard over the weekend on non-paid that i know will turn out as paid.deathboy
- I feel like I've been graphic designing every day since Columbus sailed to America.nb
- ^OBBTKN
- good job nb for workin hard. i hope you are talented enough to pull the cheddar with the effortdeathboy
- if not bartending is a easy gig that can pay far better in right spot with a little charismadeathboy
- Following this math, you wouldn’t be a billionaire. That’s correct. You’d be a trillionaire. Just saying.monospaced
- And no way any good bartender can be as successful as a good designer. Derp.monospaced
- mono you have no clue. A good bartender can easily pull 6 figs. Designers a dime a dozen and average waht nationally maybe 55k?deathboy
- i know a few gals who fuckin slay it. when i think about it i should be jelly as all hell but than again id hate to be them in that jobdeathboy
- and it makes sense simple service easier to qualify and value than design which is aesetics and purely un objectivedeathboy
- at the end of the day i probably think a bartender provides more valuedeathboy
- A good bartender pulls in 6 figures??? LOL! A good designer pulls that in EASY you retard. And it’s a real career.monospaced
- depends on city and only a small level of GDs could possibly pull that. avg of GD is 32-63k by a source. others probably differ. but not by muchdeathboy
- than if you take in wages abroad. eastern block or even africa and you see the GD is a bit of easy field to get in being absolutely subjective for the msot partdeathboy
- relying on simplistic software tool skills. and you have to question wether the labor of one serving beer may be more in demand from an oversaturated market ofdeathboy
- designer, and what people respect as value in such a field. im pretty sure a bartender career is superior to grpahic designdeathboy
- in demand payment and valuedeathboy
- utopian1
- "The System is Rigged"utopian
- Your video shows a rigged system of gov? what does that have to do with capitalism?deathboy
- And again I'd like to point out every anti-capitalist is about growing gov control. ignoring who might control that gov too.deathboy
- anarchists?kingsteven
- Don't mention anarchy Kingsteven, that's worse than socialism! :-)PhanLo
- anarchy makes no sense. chaos only creates desire for socialism. even anarchy to upset the western order would only set it back. its how we destabalize nationsdeathboy
- think of how many countries we have freed to be ruled by some dictator. divide and let anarchy have its hay day and people unite under tin pot dictator. anarchydeathboy
- its not even a system. its kind of a joke to be even included as such a thing. think mostly because fooled repeat the notion its comparable. its the scientologydeathboy
- in landscapes of religiondeathboy
- "chaos only creates desire for socialism"
— i think you just made that up.Nairn - "think mostly because fooled repeat the notion its comparable."
— lol, wut?monospaced - chaos, or anarchy creates a situation to leverage control through numbers. ppl are largely scared by uncertainty. creating desire for tribes and leadersdeathboy
- if you were too weak to protect yourself from said chaos. what alternatives would you have to strengthen? shit is mad max 101deathboy
- why anarchy stupidity only strengthens desire for collectivism, tribalism, socialismdeathboy
- western thinking and rule of law allows individuals freedom from collectivism. pursue own goals, trade value. an ideology and social structure of no slavery todeathboy
- others whims. surprisingly the idea of anarchy as an alterative to socialism is a joke. its the primordial predessor. If you want to create dictatorship anddeathboy
- easy control (because free people hard to control) promote revolution and anarchy. historically look at US history doing such thingsdeathboy
- we destabalize and hope to unite regions under our rule for support. its just interesting finally our own tactics are being used against usdeathboy
- internationally ( for ad revenue) some general espionage and domestically for own individual ( some collective) gains. We stlll forget arab springdeathboy
- pionnered sock puppets on social mediadeathboy
- but none of this is poitned to the original post. a fake attack on capitlism or "free" enterprise. and the intentions of groups promoting this are hoping todeathboy
- simply deceive you and control you by playing to your base desire of envy, or greed.deathboy
- Keep your head buried in the sand.
#MAGA Nationutopian - haha funny whos head is in the sand to think a #maga nation means shit for argument sake.deathboy
- anarchy =/= chaos. anarchy is lack or government.cannonball1978
- formed4
Nice to see one of Wall Street's most successful standing up to the growing inequality problems in America. Even better is the $100million of his own money he's donating to Connecticut public education.
It's rather hilarious when we hear people trying to defend "capitalism" as meaning "more gov" or even more pathetic, "lazy folk talk". Try a little harder, please.
Dalio makes perfect sense, but, sadly, logic doesn't seem to be a prerequisite for any discussions about the wellbeing of America's citizens.
- Currently the USA has 1 million more available jobs than workers, so we haven't peaked...robotron3k
- There's the education gap we have. Thankfully people like Dalio are putting their money to their values vs. the current admin cutting everything they possiblyformed
- can that benefits average American's.formed
- Vocational education also badly needed.robotron3k
- How many of those 1 million available jobs are part-time, and or offer no to little benefits?utopian
- he actually didn't say anything of value...deathboy
- everything was conjecture. this article was more than likely written by a bot, or someone who will soon be replaced by onedeathboy
- first of all for your well being of america's citizens how do you think fed interests rates have helped them?deathboy
- has our monetary policy of 2% inflation and low interest rates done anything but help create an wealth gap? despite intentionsdeathboy
- I guess you just want to ignore reality then and choose to not care about the point of the article. No surprise.formed
- I said he said nothing of value. Not ignoring reality. That is the reality. Perhaps your understanding is different and would like to explain wha you took fromdeathboy
- the article. I have a feeling you took the "feeling" it was targeted and created for. Hit enough triggers to be spread.deathboy
- But prove me wrong. Show me you didn't get baited by your prejudices being gamed.deathboy
- I don't get the confusion. It's pretty simple: Wall Street tycoon, arguably a poster child for capitalism, says "capitalism is not working, it must 'evolve orformed
- or die." Further, that both extremes are bad and people must work together to fix the wealth divide. It's not that complicated.formed
- The significance is who said it. Basically the opposite of what Dimon just said. It's pretty important when you have WS titan's pushing for wealth change.formed
- no its not. just shows their positionsdeathboy
- think he'd lose willingly lose money to support his position?deathboy
- and no reason just conjecture on capitalism. this is where i believe you got hung up on the click bait supporting what you prefer to believedeathboy
- I'd love for you to explain in your own words how capitalism has benefited only a single party. wealth aside its like a remora, in mutual benefitdeathboy
- it is simply a a process of trading value with others freely outside regulation and to mutual benefit of both partiesdeathboy
- that is capitalism, or definition of it. maybe you think it means something elsedeathboy
- But be wary of these guys double speak. Tigers don't change stripes and just means they're positioning next targets to fleece.deathboy
- yuekit4
- lets see how the operation goes for you in cuba .hotroddy
- @hotroddy: https://theculturetr…uan
- well I hope you enjoy the stay: https://panampost.co…hotroddy
- and I'm sure doctors love the conditions: https://www.nytimes.…hotroddy
- You have seen where America falls in quality of healthcare, right?formed
- well if you want it to fall further than socialize it.hotroddy
- health care system costs a lot of money - if its a good system where lot of people profit about it..api
