floridays
Well-Known Member
You won't believe this, but I do agree with part of this statement.
I drink your milkshake! a metaphor for capitalism
- Thread starter rickyb
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floridays
Well-Known Member
Didn't listen to this, in reality I agree. Unions on the other hand have been granted person hood long ago. I don't like either.
floridays
Well-Known Member
You been peeping in my windows Willis?
floridays
Well-Known Member
I see a lot of obese people on the taxpayer dime, even on section 8. If we are truthful we can talk. If not, ok.
yea america is off the charts on obesity i dont know why. real fruits and veggies are expensive relative to junk food, and they are also much lower calorie density.
yea im not sure about the unions part
floridays
Well-Known Member
Over your head, not talking nutrition.
yea but your saying ppl are fat and supposedly poor, and that sounds reasonable to me if they are eating fatty foods to save money.
floridays
Well-Known Member
I didn't say that.
jeff bezos creates more poverty and homelessness than he solves.
this is PR nonsense to maintain the status quo.
Richard D. WolffVerified account @profwolff 1h1 hour ago
Jeff Bezos gave charities he chose $2 billion (just over 1%) of his $164. 566,000 Amazon employees produced his wealth; he alone decides its use. That’s capitalist autocracy, not economic democracy.
7 replies 180 retweets 383 likes
this is PR nonsense to maintain the status quo.
Richard D. WolffVerified account @profwolff 1h1 hour ago
Jeff Bezos gave charities he chose $2 billion (just over 1%) of his $164. 566,000 Amazon employees produced his wealth; he alone decides its use. That’s capitalist autocracy, not economic democracy.
7 replies 180 retweets 383 likes
michael hudson gives a trajectory for the US economy:
At stake is whether the U.S. and Western European economies are going to end up looking like those of Greece, Latvia and Argentina – or imperial Rome for that matter. Neoliberals applaud today’s victorious finance capitalism as the “end of history.” One such end has already occurred once, at the close of Roman antiquity. It is remembered as the Dark Age. Progress stopped as the creditor and landowning class lorded it over the rest of society. Trade survived only among the lords at the top of the economic pyramid. Today’s “End of History” dream threatens to unfold along similar lines. It is all about relative power of the One Percent
Michael Hudson: The Lehman 10th Anniversary Spin as a Teachable Moment | naked capitalism
At stake is whether the U.S. and Western European economies are going to end up looking like those of Greece, Latvia and Argentina – or imperial Rome for that matter. Neoliberals applaud today’s victorious finance capitalism as the “end of history.” One such end has already occurred once, at the close of Roman antiquity. It is remembered as the Dark Age. Progress stopped as the creditor and landowning class lorded it over the rest of society. Trade survived only among the lords at the top of the economic pyramid. Today’s “End of History” dream threatens to unfold along similar lines. It is all about relative power of the One Percent
Michael Hudson: The Lehman 10th Anniversary Spin as a Teachable Moment | naked capitalism
prices are not decided by supply and demand. prices are set by the capitalists charging as much as they think they can:
The Progressive Economics Forum » Time to Nationalize Ticketmaster
What I do object to is, first a $1.50 venue fee added onto the $38.50, a figure that really should be part of the ticket price to begin with. Next comes a Ticketmaster service charge of $7 – seven dollars!! – which means Ticketmaster is making almost five times as much as the host venue. To add insult to injury, I was looking for five tickets, so that is $35 to Ticketmaster. I was purchasing on-line, so Ticketmaster’s marginal cost of selling me the tickets was close to zero (the cost of electricity to move a few electrons around plus some small amortized amount related to the purchase of hardware and development of ticket-selling software). And on-line this marginal cost is the same no matter how many tickets I bought.
In the face of such monopoly pricing, my rational utility-maximizer goes out the window to be replaced with an irrational ball of rage willing to go out of my way to deny Ticketmaster its greedy cut. But I am not sure if I can get tickets from the venue itself, so I may well not go at all. Ticketmaster is a horrible monopoly; others, including some rich bands like Pearl Jam, have tried to create an alternative ticket vendor, but failed. Because Ticketmaster is so entrenched (a lock-in effect), we need to find remedies to ensure fairer (and arguably, more efficient) outcomes.
The Progressive Economics Forum » Time to Nationalize Ticketmaster
What I do object to is, first a $1.50 venue fee added onto the $38.50, a figure that really should be part of the ticket price to begin with. Next comes a Ticketmaster service charge of $7 – seven dollars!! – which means Ticketmaster is making almost five times as much as the host venue. To add insult to injury, I was looking for five tickets, so that is $35 to Ticketmaster. I was purchasing on-line, so Ticketmaster’s marginal cost of selling me the tickets was close to zero (the cost of electricity to move a few electrons around plus some small amortized amount related to the purchase of hardware and development of ticket-selling software). And on-line this marginal cost is the same no matter how many tickets I bought.
In the face of such monopoly pricing, my rational utility-maximizer goes out the window to be replaced with an irrational ball of rage willing to go out of my way to deny Ticketmaster its greedy cut. But I am not sure if I can get tickets from the venue itself, so I may well not go at all. Ticketmaster is a horrible monopoly; others, including some rich bands like Pearl Jam, have tried to create an alternative ticket vendor, but failed. Because Ticketmaster is so entrenched (a lock-in effect), we need to find remedies to ensure fairer (and arguably, more efficient) outcomes.
Operational needs
Virescit Vulnere Virtus
Finally!!! Something you and I can agree on. Lol.
we agree on alot. i dont go for the divide and conquer.
Operational needs
Virescit Vulnere Virtus
Umm. No. We agree on very little.
agree to disagree
alot of BC members agree on a lot, but they talk about what they dont agree on maybe because of the media manipulation
i was watching a michael moore interview on the view. i wont be seeing his movie because i dont like some of the stuff he posts on twitter, and also because hes been a bit of a shill for democrats since sicko movie.
but anyways he made a good point about what trump thinks of democracy and connecting it to being CEO of a company which of course has nothing to do with democracy.
but anyways he made a good point about what trump thinks of democracy and connecting it to being CEO of a company which of course has nothing to do with democracy.
centralized power = abuse of power
its not a question of capitalism vs slavery vs state socialism. the question is about concentrations of power.
JacobinVerified account @jacobinmag Sep 20
When workers don't have power on the job, they're vulnerable to horrendous abuse. https://jacobinmag.com/2018/09/mcdonalds-strike-metoo-sexual-harassment-organizing … #MeToo
its not a question of capitalism vs slavery vs state socialism. the question is about concentrations of power.
JacobinVerified account @jacobinmag Sep 20
When workers don't have power on the job, they're vulnerable to horrendous abuse. https://jacobinmag.com/2018/09/mcdonalds-strike-metoo-sexual-harassment-organizing … #MeToo
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