capitalism
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- utopian1
Owners of 14 Massachusetts Dunkin’ locations pay nearly $150,000 for 1,200 child labor violations
- This is about the rules around children working, got nothing to do with capitalism. As usual.Morning_star
- Only families work at these things. My dad and his brothers used to work for grandpa at our old sundry shop. When inspectors came, he gave the kids a dollar..toemaas
- ... to go watch a movie down the street. There were 6 of them (boys working there).toemaas
- grafician-1
^
"Layoffs This Month (% of Workers):
1. Twitter: 50%
2. Cameo: 25%
3. Robinhood: 23%
4. Intel: 20%
5. Snapchat: 20%
6. Coinbase: 18%
7. Opendoor: 18%
8. Stripe: 14%
9. Lyft: 13%
10. Shopify: 10%
11. Meta: “Thousands”
12. Apple: Hiring Freeze
13. Amazon: Hiring Freeze"
- Capital is no longer cheap. The days of 0.01% interest is over. All the tech was inflated with cheap capital. Now things are being priced correctly.shapesalad
- Working hybrid with a MacBook Air playing ping pong and sipping an artisanal barista made latte are over. Time to get a real job, plumber or something.shapesalad
- shapesalad0
Super interesting insights into the actual money printers - the inks, machines and companies behind it all.
- I remember a wired article where they went deep into the SWIFT transaction system and the coders and infrastructure of it. Done by a very private enterprise.uan
- PhanLo9
- Round Up Part Deuxutopian
- Good. Why do some people think the bigger a company, the more responsible they are? It’s disgusting what some get away withIanbolton
- Usually they just pay people off.
I suppose giving people cancer wasn't enough, so they upped their game to brain damage.PhanLo - 4 trials... No commentOBBTKN
- How this company can exist at all speaks volumes about American values. Between RoundUP and GMOs, we won't know the real health disasters for decades.formed
- That company is the American dream realised. Untouchable murderers ruining the lives of every single person on the planet including themselves. Legends.PhanLo
- utopian-4
Pfizer to JACK UP Price of COVID Shot by 10,000% for the uninsured.
https://truthout.org/articles/pf…
#Freedumb
- Lol uninsured people aren’t getting the shot anywaynb
- People are hardly getting it now and it’s free. If a booster was even like $20, there would be even fewer people botheringnb
- https://i.imgur.com/…pablo28
- sted0
City leaders are slated to gather Wednesday afternoon at the Noe Valley Town Square to officially announce a “$1.7 Million state budget win” to build a toilet there, according to an online event schedule. The proposed facility would include just one toilet in a 150-foot space, according to a new report by San Francisco Chronicle columnist Heather Knight.
- Money collected by the state government as taxation and spent on a service for all is the least capitalist thing ever.Morning_star
- A $1.7mil toilet?instrmntl
- ^ Something, something... Americans are full of shit.Morning_star
- PhanLo-4
Lol, Chill out mate
- Ugh this is peak “Well, actually” cringenb
- Argument: “other billionaires use this loophole for evil therefore loophole is evil therefore Patagonia ceo is evil”. Bullshit.nb
- I'm a techbro, but I am an outdoors guy.ShenanigansTV
- grafician-1
"BREAKING: Eurozone reports annual inflation of 9.9% in September, the highest on record."
- In the long-term, the Venezuela Core Inflation Rate is projected to trend around 650.00 percent in 2022Morning_star
- Inflation rate Laos in surged from 30.01% in August, 2022, to 34% in September, according to the Lao Statistics Bureau.Morning_star
- In the long-term, the North Korea Inflation Rate is projected to trend around 20.00 percent in 2022Morning_star
- North Korea has inflation? Interestingnb
- 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
- grafician-3
- Gen Z - a generation of entitled victims.Morning_star
- Ageism, the last prejudice that isn't taboo.CyBrainX
- they're making very smart decisions. Just not good for everyoneProjectile
- it's everyone else's fault i have problems.robthelad
- i_monk1
Why isn't there a guillotine emoji?
- they'd just replace it with a cigar cutterimbecile
- b/c you'd have to be pretty brainless to bitch about capitalism on a metallic-blue iPhone 14 pro max w/ 48 megapixels 2.44 \ quad pixelhotroddy
- hotroddy, did you intend to make a point? because, look around...imbecile
- i vote yesAQUTE
- Look around for whathotroddy
- "bitch about capitalism on a [metallic-blue] iPhone 14 pro max" this statement works all the way back to the iPhone 1, will continue to be true. brainlessimbecile
- capitalism works on darwin's law of natural selection. innovate or die. apple's been innovating since birth.hotroddy
- I understand the irony of using a guillotine emoji to demonize capitalism will be lost on a few.hotroddy
- Industrial and commercial failures are subsidized/bailed out constantly, there's no Darwinism except for the mom and pops.i_monk
- grafician1
- that's a sheinshapesalad
- Is that why mini is moving there?toemaas
- utopian2
Starbucks Ex-Manager Says He Was Told to Punish Pro-Union Employees
https://www.bloomberg.com/news/a…
How is that union busting going Starbucks?
- I really don't get all these unions at Starbucks, Apple, etc. I get it at Amazon, but not at these places that aren't dangerous, overworked, or under paid.formed
- utopian1
CEO Brian Niccol made $38 million in 2020. Niccol's compensation was 2,898 times more than the median Chipotle worker's $13,127 salary in 2020, based on an employee working 25 hours a week in Illinois.
- Well. Gives you motivation to start your own business no?shapesalad
- £37million of that was performance based stock options. Just shows the glorious awards available to hard working talented folk.Morning_star
- grafician1
"JPMORGAN CEO DIMON SAYS BANK SITTING ON $1.2 TRILLION OF CASH"
- shapesalad-2
https://twitter.com/caprioleio/s…
"The Euro is at 20 year lows.
The Yen is at 24 year lows.
The Pound is at 37 year lows.We are seeing the collapse of ponzi currencies into hard currencies.
First all fiats collapse into USD, then the USD into Bitcoin."
- Why don't people get that Bitcoin as a currency system is NOT possible and never will?
Bitcoin is a failure, still supported by FOMO at best...grafician - it's a funny weekend on finance twitter. this guys are all posting about some government bonds in free fall and are losing it.uan
- The USD did not collapse in Bitcoin. Maybe some relief funds, but thats about it.toemaas
- Why don't people get that Bitcoin as a currency system is NOT possible and never will?
- PhanLo-1
- Providing shelter, food and supplies to their entire families is pretty rad, especially if those workers have damage or worse at home.monospaced
- Working durring a hurricane is not pretty rad at allgrafician
- Hurricane parties are all the rave!utopian
- https://www.theguard…
goldfish memoriesPhanLo
- PhanLo4
- https://survivingtom…PhanLo
- Who cares about Bezos? That's just easy finger-pointing (and I have not heard a word of this).formed
- Bithc about Blackrock and other funds that are buying 10's of thousands of homes and units. Bezos and co. is not the problem.formed
- Well, yeah, Bezos is a problem for doing this. So are other property speculators. But we're the bigger problem for letting it happen.Continuity
- In that sense, we're no better than Russians, and their total indoctrination and weak protesting chops.Continuity
- Anyone here own REITs? You’re part of the problem!nb
- Own an ETF that tracks the SP500 or FAANG or growth funds? You’re part of the problem!!!nb
- The dollar is just a belief system, an IOU backed by ' '. Homes can be squatted in. It's a system that we willingly play in.shapesalad
- Lol it's the only safe haven for parking money rngrafician
- The dollar is NOT 'just a belief system' - it's the token of exchange for the largest economy in the world, backed by the largest military.Nairn
- I'm always astounded by the naiveté and, sorry (not sorry) to say - sheer ignorance - of people who spout that sort of idealised unthinking cretinery.Nairn
- A 'belief system' might apply to teh currency of a country that wields no economy, has no people and hence no necessity of exchange...Nairn
- ..which is obviously a stupid, nonsensical abstraction to postulateNairn
- For someone who obsesses over money as much as you appear to, shape, it boggles my mind how little you appear to understand it.Nairn
- Now, to be fair, there is a lot of 'made up money' in the dollarsphere, but that's a slightly different suggestion.Nairn
- Now, is bitcoin a belief system?
Answers on a postcard, please...Nairn - Honk!nb
- Yes $ is backed by the military, who are paid in $ which is backed by themselves who is paid in $ which is backed by themselves..... anyone sense Ponzi here?shapesalad
- ETH = proof of stake. SOL = proof of history. BTC = proof of work. USD$ = proof of military.shapesalad
- If we want to evolve and have world peace, we need to move to a new system. Putin hates being paid in $ for his oil/gas only to then have the FED devalue it.shapesalad
- HOOOONNNNKnb
- Capitalism is so fucking cool.utopian
- Give Jeffoz a break...
:-(PhanLo