I drink your milkshake! a metaphor for capitalism

[rickyb]

im not necessarily recommending the article, but perhaps the fact that the capitalists refer to their workers as "peasants" can shed some light on what they really think of us.

since, you know, most of this system is based on secrecy.

Companies Profit on Workers' Deaths Through 'Dead Peasants' Insurance

 

[rickyb]

a few guys i listen to say theres never been a middle class for blacks:

RMEOC‏ @rmeocenter 12h12 hours ago




Uh oh, “there has never truly been a Black Middle Class”

 

[rickyb]

Inequality had reached appalling levels, with 60 percent of American families existing barely above subsistence level by the time of the 1929 crash.

Wall Street’s crash in 1929 and the widespread suffering caused by the Depression confirmed Stone’s fears about unfettered capitalism. Victorian-era writer Herbert Spencer, who coined the term “survival of the fittest” and whose libertarian philosophy was widely embraced in the 1920s, argued that liberty was measured by the “relative paucity of restraint” that government places on the individual. Stone saw this belief, replicated in the ideology of neoliberalism, as a recipe for corporate oppression and exploitation.

https://www.truthdig.com/articles/the-corruption-of-the-law/

 

[rickyb]

the market:

Lee J. Carter‏ @carterforva 4h4 hours ago




Happy Saturday, Virginia! Did you know that we have 11 empty houses for every homeless person in this Commonwealth? Enjoy your weekend. Carry on!

8 replies 60 retweets 294 likes

 

[rickyb]

he talks about 4 3rd world countries which are having major economic problems and says it could very easily turn into 40 countries with similar problems including the US.

when interest rates go up, the government will be paying more on interest than on military empire. this is in 5 years. he says there will be nothing left after they pay those 2 things. this is probably the end of empire and the end of the reserve currency, unless we have a social revolution in which case we cut back on empire anyways.

he says when trump supporters realize theyve been betrayed like other presidents before, trump will go to war to gain support.

the rich get tax deductions when they donate to harvard....a very rich school. so basically we all get hurt by this tax system because govt has less money.

he says US wages have been flat for decades. UK wages have actually declined last few decades.

 

[rickyb]

1 million jobs outsourced since NAFTA, which hedges calls the biggest betrayal to workers since taft hartley.

in this example, and american worker was paid $26/hr, and when the job was outsourced to mexico they were paid $1.

https://twitter.com/i/web/status/1045370855537168384

 

[rickyb]

im not recommending this show, it just popped up in my youtube feed.

1/3 of their debt is from student loans. the govt cuts taxes on the rich / corporations and spends more than 50% of the budget on war.

 

[rickyb]

 

[rickyb]

more signs of deep economic problems:


Richard D. Wolff‏Verified account @profwolff Sep 29




Nearly 1 in 3 US homes has trouble paying energy bills. That’s 100 million Americans. Problem has easy solution but its not on this system’s agenda. For those 100 million, capitalism does not deliver “the goods”; it never did. One in three U.S. households faces a challenge in meeting energy needs - Today in Energy - U.S. Energy Information Administration (EIA)

 

[rickyb]

wow now UK life expectancy not rising either;


Richard D. Wolff‏Verified account @profwolff Sep 29




Life expectancy stops improving in UK for the first time. Longevity even falls in parts of UK. Conservatives quickly insist that social service, healthcare cuts are NOT involved. Everyone else knows better.


2 replies 108 retweets 183 likes

 

[vantexan]

wow now UK life expectancy not rising either;


Richard D. Wolff‏Verified account @profwolff Sep 29




Life expectancy stops improving in UK for the first time. Longevity even falls in parts of UK. Conservatives quickly insist that social service, healthcare cuts are NOT involved. Everyone else knows better.


2 replies 108 retweets 183 likes

Could be the massive influx from the third world bringing it down.

 

[rickyb]

Could be the massive influx from the third world bringing it down.

well immigration would increase the supply of labour which could be one factor which would lower wages, but id say its austerity, globalization which have done it.

americans scapegoat immigrants when they should be blaming wall street fraud #1, and 2 corporate america which owns the govt which doesnt represent anyone but the very richest.

 

[vantexan]

well immigration would increase the supply of labour which could be one factor which would lower wages, but id say its austerity, globalization which have done it.

americans scapegoat immigrants when they should be blaming wall street fraud #1, and 2 corporate america which owns the govt which doesnt represent anyone but the very richest.

Austerity only happens to countries i.e. Greece, Argentina, who overextended themselves with socialism and now don't have the money to pay their debt. In order to be bailed out they have to agree to austerity measures which doesn't make their population happy.

 

[1989]

 

[BrownArmy]

View attachment 215244

Horrifying.

 

[rickyb]

Austerity only happens to countries i.e. Greece, Argentina, who overextended themselves with socialism and now don't have the money to pay their debt. In order to be bailed out they have to agree to austerity measures which doesn't make their population happy.

austerity probably happened to every country. it happened in america.

 

[Operational needs]

View attachment 215244

Oh look, there’s Selena Gomez and Demi Levato. Lol.

 

[rickyb]

Oh look, there’s Selena Gomez and Demi Levato. Lol.

really?

when i was a kid our tenant had a 1 or 2 year old...or something like that. she liked barney.

one day i was playing with her and then i played dead until she started to cry.

 

[rickyb]

i dont necessarily trust this author or NPR. note they are just talking about earnings, theyre not talking about inflated mortgages, rents, taxes, etc:


People born in the 1940s or '50s were virtually guaranteed to achieve the American dream of earning more than your parents did, Chetty says. But that's not the case anymore.


Code Switch
Forget Wealth And Neighborhood. The Racial Income Gap Persists
"You see that for kids turning 30 today, who were born in the mid-1980s, only 50 percent of them go on to earn more than their parents did," Chetty says. "It's a coin flip as to whether you are now going to achieve the American dream."

 

[Operational needs]

really?

when i was a kid our tenant had a 1 or 2 year old...or something like that. she liked barney.

one day i was playing with her and then i played dead until she started to cry.

Yes. The two in the middle in the striped shirts.