RE: Stupid Capitalist Tricks
July 7, 2020 at 10:45 pm
(This post was last modified: July 7, 2020 at 11:08 pm by ignoramus.)
(July 5, 2020 at 4:30 am)downbeatplumb Wrote:(July 4, 2020 at 11:02 pm)ignoramus Wrote: All Capitalism needs some sort of moderation else it becomes unsustainable. (good in theory but human greed will always force the wealth divide apart sadly)
Look at the US stockmarket right now. Half a dozen US companies are 40% of the stockmarket. Crazy... These same big 6 have bought over 500 smaller companies in the last 10 years to ensure their corporate monopolies. Who's gonna stop them? It's the ugly side of capitalism.
Capitalism is amoral so needs to be kept firmly in check because the easiest ways to obtain profits tend to be immoral.
Slavery, fraud, theft, misrepresentation all of these are easy ways to profit and coorporations have form with all of these.
warning: RANT
All of these negative virtues are a byproduct of a healthy capitalist system!
Healthy for the capitalists of course!
If you're the only one selling lemonade on the street on a hot day, you sell for $1 per cup. People catch on, they undersell you for a cut of the profits.
This is a normal healthy free market economy, right? We can't be free if we can't make money, we have kids to feed.
Then a smartarse comes along (Mr Amazon) who decides to buy all the lemon orchids in America to sell lemonade at 10c per cup and still make a marginal profit.
This puts everyone out of business and Amazon still makes heaps of money using economies of scale.
Is Mr Amazon a bad person for taking risks and becoming successful? Did he not fulfill his American dream?
Maybe Electric Jesus (Elon Musk) may save the human race one day. If we put a cap on how successful one can get, then innovation will stifle and entrepreneurs will fade away. It's these entrepreneurs who made America great in the first place.
Now, 6 months ago, The US had record low unemployment levels and the stock market was going gangbusters.
6 months later we're having conversations about dismantling law and order, democracy and capitalism?
All the world's problems today have nothing to do with the virus or capitalism. The virus was just the black swan event to prick the everything bubble.
The G20 summit meeting in QLD in 2018 put in motion the blueprint for the new bail-in laws. This means that in the event that a bank fails (if deemed too big to fail), then peoples deposits will be used to save the bank. (As depositors, we are low on the list of unsecured creditors). Then we have the push for a cashless world. Australia just passed their bill. Many other countries have already done this and have slowly reduced the cash limits lower. Some countries penalize you if you want to use cash.
All this lines up with the new norm of low interest rates. All this shit has takes years to plan and put into effect.
Basically, the NWO is a cashless society where you cannot run to the bank as there is no cash to take out, where ultimately we will be charged interest (not receive!) on keeping money in the bank. All govt's have basically de-incentivized us all from saving for a rainy day. They want us to spend, spend, spend, to increase the velocity of cash, to help pay more govt taxes. Our govt (here) is thinking about phasing out the pension one day. It was set at 65 years old in the days where people didn't live much longer.
Now, our population is aging, the pension is becoming a burden to the govt. The new healthy future is to work to have a house and car and fries but work till the day you die to maintain your existence. Is this a form of global slavery? Maybe.
Capitalism won't solve racism? If everyone had money, we'd all be happy living the dream. Money is the root of all evil. Those in charge of it are also funding the political aspect of the blm. No they don't have our interests at heart. They only have agendas. The same wonderful people who pushed for women's rights. Do you think they care about women? Women needed to have the same rights as men so they can both work and get taxed equally! Win-win for the govt and big corp. It all comes down to the selfish gene. Absolute power will always corrupt absolutely. But here we all are fighting each other in society. The silent 1% love it!
/RANT
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