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storiesofimagination:

browntiger15:

Yep. Dam burst cause the jackass who owns them didn’t pay to keep up maintenance, or so I’ve heard. It’s as likely a story as any.

But I’m sure that this has nothing at all to do with the govt not keeping up on infrastructure and not imposing regulations.

b-obbs:

I couldnt tell if this was one of those “this is year is getting dramatically worse” memes or if something else actually happened so I looked it up.

Turns out Michigan is actually flooding.

kaijuno:
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maltypass:

just-shower-thoughts:

All of these stories of CEOs cutting their salary to pay employees are supposed to be feel-good stories, but if cutting one salary is all it takes to pay all of them, there’s something wrong.

Damn just shower thoughts didn’t come to play today
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cup-o-fear:

quinndolyns:

people seem to have trouble understanding why i’m an anti-capitalist, so i’m going to try and put it into simple, real-life terms.

i work at a restaurant. i make $12 an hour, plus tips. minimum wage where i live is relatively high for my country - the national minimum wage is $7.25/hr, and has not been raised since 2009. before taxes, working full time, my yearly income is about $22,000 a year. ($25,000 if you count tips)

at my job, we sell various dishes, with an average price of about $10-$15. we get printouts every week detailing how much money we made that week; in one week, our restaurant makes about $30,000. (one of our other locations actually makes this much on a daily basis!)

i’m not going to go into details, but after the costs of production (payroll for employees, rent for the building, maintenance, and wholesale food purchasing) are accounted for, the restaurant makes an estimated profit of $20,000 per week.

this profit goes directly to the owner, who does not work at this location. the owner of my restaurant has actually been on vacation for a few months, but still profits from the restaurant, because they own it. i have met the owner exactly twice in my year of working here.

to put this into perspective, the owner of this restaurant earns in 2 days what they pay me in one year. and that’s just from this single location - the owner has several other restaurants, all of which make more money than the one i work at. this ends up resulting in the owner having an estimated net worth of tens of millions of dollars, even after accounting for the payroll for every single worker in their employ.

now, i have to ask you: does the owner of my restaurant deserve this income? did they earn it? did their labor result in this value being created?

the naive answer would be “yes”; the owner purchased the location and arranged for the raw ingredients to be delivered, did they not?

the actual answer is “no”. the owner may have used their initial capital to start the location, but the profit is a result of my labor, and the labor of my co-workers.

the owner purchases rice at a very low bulk price of about 25 cents a pound. i cook the rice, and within a few minutes, that pound of rice is suddenly worth about $30. the owner did not create this value, i did. the owner simply provided the initial capital investment required to start the process.

what needs to be understood here is that capitalists do not create value. they use the labor of their employees to create value, and then take the excess profit and keep it.

what needs to be understood is that capitalists accrue income by already HAVING money. the owner of my restaurant was only able to get this far because they started off, from the very beginning, with enough money to purchase a building, purchase food in bulk, and hire hundreds of employees.

that is to say: the rich get richer, and they do so by exploiting the labor of the poor.

the owner of my restaurant could afford to triple the income of every single person in their employee if they felt like it, but this would mean that they were generating less profit for themselves, so they do not.

the owner of my restaurant pays me the current minimum wage of my area, because to them, i am not a person. i am an investment. i am an asset. i am a means to create more money. 

when you are paid minimum wage, the message your boss is sending you is this: “legally, if i could pay you less, i would.”

every capitalist on the planet exploits their workers for their own gain. every capitalist, even the small business owners, forces people to stay in poverty so that the capitalist can profit.

This is a really good post
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franks23:

theactualcluegirl:

dancinbutterfly:

firebirdeternal:

crazy-pages:

xprmnt626:

quasi-normalcy:

blackjackgabbiani:

quasi-normalcy:

The fact that you can’t raise taxes on billionaires even slightly without them pouring money into fascist political movements is, of itself, evidence that billionaires as a class shouldn’t be allowed to exist in the first place.

You, ah, don’t think it’s unfair to judge people’s morals based on their finances?

I, ah, think that it’s perfectly fair to judge people’s morals based on the amount of money they pour into neo-nazi political movements, yeah actually.

I, ah, also think it’s 100% fair to judge someone’s morals based on their finances whether they support neo-nazis or not.
You can’t have that much money and be a good person. I’m sorry. I don’t care how many “”nice”” billionaires yall try to show me to prove me wrong.
Nobody in the history of mankind has worked hard enough to earn BILLIONS. Even if they become philanthropists, they almost solely become billionaires by profiting from the labor (underpayment, abuse, etc.) of others. How can you say “hm..they could be a morally good person..”
You also can’t be a billionaire in a country where people don’t have clean water or a world where people are starving and claim to be a good person. 
There are a few people with enough wealth to end world hunger MULTIPLE TIMES OVER, yet here we are. 
There is no such thing as a good billionaire as far as I’m concerned. 
Nobody is deserving of that much money.
Nobody has earned that much money.
Nobody can sit on that much money and claim to be a good person. 

I have spoken with Nobel prize winning physicists. I have spoken with their colleagues. I have worked with people who have led teams to make discoveries that twist my mind into knots. I have worked with scientists whose concept of hard work and dedication would beggar the belief of a robot. I’ve gone to talks led by scientists who head forty-people teams, synchronizing the efforts of others so efficiently I could scarcely believe it. 

These are people whose life works exist entirely in conceptual space, where the limits of what they can achieve are only their And they are impressive, don’t get me wrong, but few of them would I value more than a team of decent scientists. The amount of skill, intelligence, and diligence required to outwork even half a dozen of your fellows is pushing the limits of human ability. 

Even Albert Einstein, famed example of the brilliant lone scientist, was not that special. I’ve read his papers in detail, and those of his contemporaries (took a class on it actually). Without him the discovery of general relativity would have been delayed two or three years at most, the mathematical and conceptual groundwork that enabled his brilliance was laid down by others and being investigated by others as well. And I’d pit a decent team against Einstein any day of the week, an individual can only do so much. 

For the amount of money Jeff Bezos earns working for a day, $215,000,000 (x), I could hire a thousand such hardworking geniuses for a year. Maybe ‘only’ a hundred if they were from an exceptionally competitive and valuable field.

For the money Jeff Bezos earns in a year, I could hire a village. I could create a project with so many educated minds it would be larger than the Manhattan Project. About a dozen times over. 

No one is that irreplaceable. No one has a percent of that worth. If someone is a billionaire, they are earning beyond their contribution to society, at the expense of other’s well-being. 

So yeah, fuck billionaires. 

Holding onto quantities of money that it would be impossible to spend in a normal human lifetime when people die every day is also evil.

Like Imagine having 10,000 cheeseburgers in a room, you literally cannot eat them all. You *can’t*. You eat them for every meal and they’ll all go bad before you make even the tiniest dent in their absurd mass. And into the room walks 1000 starving people. *Literally* starving, actively dying of hunger starving, and you don’t give them some cheeseburgers. 

Look. I have wealthy family and for a brief period of my life? My nuclear family was securely upper middle class (a parent who made 6 figures a year) although that is well and truly over now.

You can have money and not be evil. You can make a few million in your life through legitimate hard work on your own part and save it and not use it all and have it make sense, numerically.

But when you hit the Bs? Nah. No. Sorry. If you are staying a billionaire and not giving and being taxed enough to drop back down into multi-millionaire status?

You’re no longer a person.

You are Smaug the Terrible wearing a flesh suit and I’m not surprised you are involved in global warming because what do western dragons do but hoard and burn?

J. P. Morgan – the most unbleievably wealthy man of his era, the dude who personally inspired most of the anti-trust laws of the early mid-century in the US – J-fucking-P-fucking-Morgan himself, if his wealth were translated to modern scale?
Would not be a Billionaire.
Just fucking sit with that for a minute or two.

It’s posts like this that make me want to burn them all.
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gahdamnpunk:

Some places don’t even name the charity like you’re just donating to the corporation’s tax writeoff. You’re better off giving that money to a homeless person on the street who needs it more..
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cipheramnesia:

betterbemeta:

toe-sucking-october:

Peak capitalism is needing a law to make companies not deliberately worsen their own products for profit.

This is so fucking wild

I feel this but like, also, no– the only reason why we have standards in any industry at all is regulation of some form– whether it’s enforced by a state, or a trade or a union or a council body, etc.. Are there people out there who really believe that in The Beginning there were pure washing machines, industrial devices, and perfect food safety and since then corners have been cut allowing capitalism into the world to corrupt what is good? no babey it’s capitalism all the way down, every OSHA regulation is probably written in blood, and the only reason why certain antique devices were built to last in prior decades was that proprietary certified repair was a cheaper way to exploit your customer than planned obsolescence at the time. 

It’s not “peak capitalism” to “need a law to stop companies from deliberately worsening their own products.” Nothing is stopping them from doing that in any form of capitalism except a law, trade or union regulation, or other form of organized mandate. And even if we get rid of capitalism we will still need ways to be assured that every relevant party agrees what “clean water”, “labor safety”, “consumer protection” and other concepts mean because exploitativeness, thoughtlessness, a willingness to cut corners, and other issues will long outlive capitalism.

This reflects something else which drives me up a wall about “de-regulation.” Proponents act like regulations just appeared out of nowhere and we’re simply removing these unreasonable impediments to resources and freedom to all. Like, no, the regulations were put in places for good reason, and all they’re impeding is businesses that want to eat every last living creature on earth alive.
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stand-up-gifs:

A lot of people in the replies to this seemingly have no idea what “class” is.

It’s not a set of values or something you automatically earn after college or like some mysterious inherent quality your parents pass down to you. 

(Like, maybe your parents have enough money/assets where they can sustain you through economic insecurity, but let’s be honest…that’s not most people’s situation.)

If you are struggling with bills, if you don’t have savings, if you constantly question even small purchases, if spending a few thousand dollars on a vacation seems like a distant dream…you are not middle class.

And most importantly, saying you are not middle class is not an attack on your character. 

Instead it’s a reminder to fight for your own economic interests, and not to let companies, your boss, or politicians trick you into working against yourself by believing you’re part of the “mythical middle.”
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theactualcluegirl:

dancinbutterfly:

firebirdeternal:

crazy-pages:

xprmnt626:

quasi-normalcy:

blackjackgabbiani:

quasi-normalcy:

The fact that you can’t raise taxes on billionaires even slightly without them pouring money into fascist political movements is, of itself, evidence that billionaires as a class shouldn’t be allowed to exist in the first place.

You, ah, don’t think it’s unfair to judge people’s morals based on their finances?

I, ah, think that it’s perfectly fair to judge people’s morals based on the amount of money they pour into neo-nazi political movements, yeah actually.

I, ah, also think it’s 100% fair to judge someone’s morals based on their finances whether they support neo-nazis or not.
You can’t have that much money and be a good person. I’m sorry. I don’t care how many “”nice”” billionaires yall try to show me to prove me wrong.
Nobody in the history of mankind has worked hard enough to earn BILLIONS. Even if they become philanthropists, they almost solely become billionaires by profiting from the labor (underpayment, abuse, etc.) of others. How can you say “hm..they could be a morally good person..”
You also can’t be a billionaire in a country where people don’t have clean water or a world where people are starving and claim to be a good person. 
There are a few people with enough wealth to end world hunger MULTIPLE TIMES OVER, yet here we are. 
There is no such thing as a good billionaire as far as I’m concerned. 
Nobody is deserving of that much money.
Nobody has earned that much money.
Nobody can sit on that much money and claim to be a good person. 

I have spoken with Nobel prize winning physicists. I have spoken with their colleagues. I have worked with people who have led teams to make discoveries that twist my mind into knots. I have worked with scientists whose concept of hard work and dedication would beggar the belief of a robot. I’ve gone to talks led by scientists who head forty-people teams, synchronizing the efforts of others so efficiently I could scarcely believe it. 

These are people whose life works exist entirely in conceptual space, where the limits of what they can achieve are only their And they are impressive, don’t get me wrong, but few of them would I value more than a team of decent scientists. The amount of skill, intelligence, and diligence required to outwork even half a dozen of your fellows is pushing the limits of human ability. 

Even Albert Einstein, famed example of the brilliant lone scientist, was not that special. I’ve read his papers in detail, and those of his contemporaries (took a class on it actually). Without him the discovery of general relativity would have been delayed two or three years at most, the mathematical and conceptual groundwork that enabled his brilliance was laid down by others and being investigated by others as well. And I’d pit a decent team against Einstein any day of the week, an individual can only do so much. 

For the amount of money Jeff Bezos earns working for a day, $215,000,000 (x), I could hire a thousand such hardworking geniuses for a year. Maybe ‘only’ a hundred if they were from an exceptionally competitive and valuable field.

For the money Jeff Bezos earns in a year, I could hire a village. I could create a project with so many educated minds it would be larger than the Manhattan Project. About a dozen times over. 

No one is that irreplaceable. No one has a percent of that worth. If someone is a billionaire, they are earning beyond their contribution to society, at the expense of other’s well-being. 

So yeah, fuck billionaires. 

Holding onto quantities of money that it would be impossible to spend in a normal human lifetime when people die every day is also evil.

Like Imagine having 10,000 cheeseburgers in a room, you literally cannot eat them all. You *can’t*. You eat them for every meal and they’ll all go bad before you make even the tiniest dent in their absurd mass. And into the room walks 1000 starving people. *Literally* starving, actively dying of hunger starving, and you don’t give them some cheeseburgers. 

Look. I have wealthy family and for a brief period of my life? My nuclear family was securely upper middle class (a parent who made 6 figures a year) although that is well and truly over now.

You can have money and not be evil. You can make a few million in your life through legitimate hard work on your own part and save it and not use it all and have it make sense, numerically.

But when you hit the Bs? Nah. No. Sorry. If you are staying a billionaire and not giving and being taxed enough to drop back down into multi-millionaire status?

You’re no longer a person.

You are Smaug the Terrible wearing a flesh suit and I’m not surprised you are involved in global warming because what do western dragons do but hoard and burn?

J. P. Morgan – the most unbleievably wealthy man of his era, the dude who personally inspired most of the anti-trust laws of the early mid-century in the US – J-fucking-P-fucking-Morgan himself, if his wealth were translated to modern scale?
Would not be a Billionaire.
Just fucking sit with that for a minute or two.
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leftist-daily-reminders:

blue-author:

projectivepenteract:

theuppitynegras:

projectivepenteract:

theuppitynegras:

I’m about 90% sure the economy is never gonna “improve” 

this is capitalism in it’s final form

this is it honey 

except, you know, those companies that do a charitable thing for every thing they sell

that’s kinda new and interesting. benevolent capitalism

lmao

Pay attention, class: This is what it looks like when one is unwilling to consider new information.

It’s not new information, though. It’s misinformation.

First, it’s not that new.

Did you know that there was a time in U.S. history—which is by definition recent history—when a corporation was generally intended to have some sort of public interest that they served? I mean, that’s the whole point of allowing corporations to form. Corporations are recognized by the commonwealth or state, and this recognition is not a right but a privilege, in exchange for which the state (representing the people) is allowed to ask, “So what does this do for everyone else?”

The way the economy is now is a direct result of a shift away from this thinking and to one where a corporation is an entity unto itself whose first, last, and only concern is an ever-increasing stream of profits. What you’re calling “benevolent capitalism” isn’t benevolent at all. It’s a pure profit/loss calculation designed to distract from—not even paper over or stick a band-aid on—the problems capitalism creates. And the fact that you’re here championing it as “benevolent capitalism” is a sign of how ell it’s working.

Let’s take Toms, as one example. The shoe that’s a cause. Buy a pair of trendy shoes, and a pair of trendy shoes will be given away to someone somewhere in the world who can’t afford them.

That’s not genuine benevolence. That’s selling you, the consumer, on the idea that you can be benevolent by buying shoes, that the act of purchasing these shoes is an act of charity. The reality is that their model is an inefficient means of addressing the problems on the ground that shoelessness represents, and severely disrupts the local economies of the locations selected for benevolence.

(Imagine what it does to the local shoemakers, for instance.)

The supposed act of charity is just a value add to convince you to spend your money on these shoes instead of some other shoes. It’s no different than putting a prize in a box of cereal.

Heck, you want to see how malevolent this is?

Go ask a multinational corporation that makes shoes or other garments to double the wages of their workers. They’ll tell you they can’t afford it, that it’s not possible, that consumers won’t stand for it, that you’ll drive them out of business and then no one will have wages.

But the fact that a company can give away one item for every item sold shows you what a lie this is. A one-for-one giving model represents double the cost of labor and materials for each unit that is sold for revenue. Doubling wages would only double the labor.

So why are companies willing to give their products away (and throw them away, destroy unused industry with bleach and razors to render them unsalvageable, et cetera) but they’re not willing to pay their workers more?

Because capitalism is the opposite of benevolence.

“Charity” is by definition exemplary, above and beyond, extraordinary, extra. “Charity” is not something that people are entitled to. You give people a shirt or shoes or some food and call it charity, and you’re setting up an expectation that you can and will control the stream of largesse in the future, and anything and everything you give should be considered a boon from on high.

On the other hand, once you start paying your workers a higher wage, you’re creating an expectation. You’re admitting that their labor is more valuable to you than you were previously willing to admit, and it’s hard to walk that back.

Plus, when people have enough money for their basic needs, they’re smarter and stronger and warier and more comfortable with pushing back instead of being steamrolled over. They have time and money to pursue education. They can save money up and maybe move away. They can escape from the system that depends on a steady flow of forced or near-forced labor.

So companies will do charitable “buy one, give one” and marketing “buy one, get one” even though these things by definition double the overhead per unit, but they won’t do anything that makes a lasting difference in the standard of living for the people.

Capitalism has redefined the world so that the baseline of ethics is “How much money can we make?” and every little good deed over and above that is saintly.

But there’s nothing benevolent about throwing a scrap of bread to someone who’s starving in a ditch because you ran them out of their home in the first place.

This is one of the best anti-capitalist posts on the entire site.
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Amazon Is Looking More and More Like a Nation-State:

taraljc:

greenjudy:

probablyasocialecologist:

Most politicians don’t understand how to confront Amazon’s market power. The most recent example is in France, where last month a decision was made to levy a 3 percent tax on Big Tech firms with global revenues higher than €750 million (~$830 million) and French revenues exceeding €25 million.

Amazon responded by simply levying its own tax on French businesses and increasing seller fees by 3 percent. As countries across the European Union consider their own plans to tax Big Tech monopolies instead of breaking them up, it’s hard to imagine why every company won’t follow Amazon’s example. The ability to levy taxes is typically reserved for states, but corporations have made it increasingly clear they’re eager to challenge and usurp any nation-state’s sovereignty.

Amazon, however, may be in a league of its own as it threatens to not only dominate the market, but become the market.

There is a special vertigo science fiction writers feel when real life busts out shit like this. 

We are living in an episode of Max Headroom
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Aha. I am sorry that this has been sitting in my inbox for a while, since I’ve been busy and doing stressful things and not sure how to answer this in a way that wouldn’t immediately turn into a pages-long rant. Nothing to do with you, of course, but just because I have 800 things to say on this topic, none of them complimentary, which I’ll try to condense down briefly. Ish.

In sum, end-stage capitalism is at the root of everything that’s wrong with the world today, more or less. It’s the state of being that exists when the economic system of capitalism, i.e. the exchange of money for goods and services, has become so runaway, so unregulated, so elevated to the level of unchallengeable dogma in the Western world (especially after the Cold War and decades of hysteria about the “scourge of communism”) and so embedded on every level of the social and political fabric that it is no longer sustainable but also can’t be destroyed without taking everything else down. Nobody wants to be the actual generation that lives through the fall of capitalism, because it’s going to be cataclysmic on every level, but also… we can’t go on like this. So that’s a fun paradox. The current world order is so drastically, unimaginably, ridiculously and wildly unequal, privileging the tiny elite of the ultra-rich over the rest of the planet, because of hypercapitalism. This really got going in the early 1980s when Ronald Reagan, still generally worshiped as a political hero on both the left and right sides of the American political establishment (even liberals tiptoe around criticizing Saint Ronnie), set into motion a program of slashing business and environment regulations, reducing or eliminating taxes on the super wealthy, and introducing the concept of “trickle-down” or “supply-side” economics. In short, the principle holds that if you make it as easy as possible for rich people to become EVEN MORE RICH, and remove all irksome regulations or restrictions on the Church of the Free Market, they will benevolently redistribute this largess to the little people. To say the very least, this….does not happen. Ever.

Since the 1980s, in short, we have had thirty years of unrestricted, runaway capitalism that eventually propelled us into the financial crisis of 2008, after multiple smaller crises, where the full extent of this philosophy became apparent…. and nobody really did anything about it. You can google statistics about how the price of everything has skyrocketed since about the 1970s, when you could put yourself through college on one part-time job, graduate with no student debt, and be assured of a job for the next 30 years, and how baby boomers (who are responsible for wrecking the economy) insist that millennials are “just lazy” or “killing [insert x industry]”. This is because we have NO GODDAMN MONEY, graduate thousands or hundreds of thousands of dollars in debt (if we can even afford college in the first place), are lucky if we find a job that pays us more than $10 an hour, and often have to string together several part-time and frangible jobs that offer absolutely nothing in the way of security, benefits, or long-term saving potential. This is why millennials at large don’t have kids, buy houses, or have any savings (or any of the traditional “adult” milestones). We just don’t have the money for it.

Even more, capitalism has taken over our mindsets to the point where it is, as I said, at the root of everything that’s wrong with the world. Climate change? Won’t be fixed because the ruling classes are making money from the current system, and if you really want to give yourself an aneurysm, google the profiteers who can’t wait for the environment/society to collapse because they’ll make MORE money off it. This is known as “disaster capitalism” and is what the US has done to other countries for decades. (I also recommend The Shock Doctrine by Naomi Klein.) This obviously directly contributes to the War on Terror, the current global instability, the reason Dick Cheney, Halliburton, Blackwater, and other private-security contractors made a mint from blowing up Iraq and paying themselves to rebuild it, and then the resultant rise of al-Qaeda, ISIS, and other extremist reactionary groups. The bombing produces (often brown and Muslim) refugees and immigrants, Western countries won’t take them in, right-wing politicians make hay out of Threats To Our Way of Life ™, and the circle goes on. Gun control? Can’t happen because a) American white supremacy is too deeply tied to its paranoid right to have as many guns as it wants and to destroy the Other at any time, and b) the NRA pays senators by the gigabucks to make sure it doesn’t. (And we all know what an absolute goddamn CLUSTERFUCK the topic of big money and American politics is in the first place. It’s just… a nightmare in every direction.)

Meanwhile, end-stage capitalism has also systematically assigned value to society and to individuals depending entirely on their prospects for monetization. Someone who can’t work, or who doesn’t work the “right” job, is thus assigned less value as a human (see all the right-wing screaming about people who “don’t deserve” to have any kind of social and financial assistance or subsidized food and medicine if they won’t “help themselves”). This is how we get to situations where we have the ads that I kept seeing in London the other month: apps where you could share your leftover food, or rent out your own car, or collectively rent an apartment, or whatever else. Because apparently if you live in London in 2019, there is no expectation that you will be able to have your own food, car, or apartment. You have to crowdsource it. (See also: people having to beg strangers on the internet for money for food or medical bills, and strangers on the internet doing more to help that person than the whole system and/or the person’s employment or living situation.) There is nothing inherently wrong with capitalism as an economic theory. Exchanging money for goods and services is understandable and it works. But when it has run out of control to this degree, when the people who suffer the most under it fiercely defend it (see the working-class white people absolutely convinced that the reason for their problems is Those Damn Job Stealing Immigrants), when it only works for the interests of a few uber-privileged few and is actively killing everyone else… yeah.

Let’s put it this way. You will likely have heard of the two fatal crashes of Boeing 737 Max airplanes in recent months: the Lion Air crash in October 2018 and the Ethiopian Airlines crash in March 2019. Together, they killed 346 people. After these crashes, it turned out that the same malfunctioning system was responsible for both, and that Boeing had known of the problem before the Max went on the market. But because they needed to make (even more) money and compete with their rivals, Airbus, they had sent the planes ahead anyway, with unclear and confusing instruction to pilots about how to deal with it, and generally not acknowledging the problem and insisting (as they still do) that the plane was safe, even though it’s been grounded worldwide since March. There are also concerns that the Federal Aviation Administration (FAA) is too deep in Boeing’s pocket to provide an impartial ruling (and America was the last country to ground the plane), and other countries’ aviation safety bodies have announced that they aren’t just going to take the FAA’s word for it whenever they decide that the Max is safe. This almost never happens, since usually international regulatory bodies, especially in aviation, will accept each other’s standards. But because of Boeing’s need for Even More Money, they put a plane on the market and into commercial passenger service that they knew had problems, and the FAA essentially let them do that and isn’t entirely trusted to ensure that they won’t do it again. Because…. value for the shareholders. Or something. This is the extreme example of what I mean when I say that end-stage capitalism is actively killing people.

It is also doing so on longer-term and more pernicious everyday levels. See above where people can’t afford their basic expenses even on several jobs, see the insulin price-gouging in the US (and the big pharma efforts in general to make drugs and healthcare as expensive as possible), see the way any kind of welfare or social assistance is framed as “lazy” or “bad” or “socialist,” see the way that people are basically only allowed to survive if they can pay for it, and the way that circle is becoming smaller and smaller. The American public is also fed enduring folk “wisdom” about “money doesn’t buy happiness,” the belief that poverty serves to build character or as an example of virtue, or so on, to make them feel proud of being poor/deprived/that they’re doing a good thing by actively supporting this system that is responsible for their own suffering. And yet for example, the Nordic countries (while obviously having other problems of their own) maintain the Scandinavian welfare model, which pays for college and healthcare, provides for individual stipends/basic income, allows generous leave for parenthood, emphasises a unionised workplace, and otherwise prescribes a mix of capitalism, social democracy, and social mobility. All the Nordic countries rank highly for human development, overall happiness, and other measurements of social success. But especially in America, any suggestion of “socialism” is treated like heresy, and unions are a dirty word. That is changing, but…slowly.

In short: the economic overlords have never done anything to give power, money, or anything at all to the working class without being repeatedly and explicitly forced, they have no good will or desire to treat the poor like humans (see: Amazon) or anything at all that doesn’t increase their already incomprehensible profit margins. The pursuit of more money that cannot possibly be spent in one human lifetime, that is accumulated, used to make laws for itself, and never paid in taxes to fund improvements or services for everyone else, lies at the root of pretty much every problem you can name in the world right now, is deeply, deeply evil, and I do not use that word lightly.
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phantoms-lair:

It the same with the companies saying video games need microtransactions to stay profitable. Because I remember they being plenty profitable for a couple of decades before microtransactions were a thing.

burnitalldownism:

People who are old enough to remember ad free YouTube, FB, Twitter and Instagram believing that capitalism drives innovation are fucking hilarious.

Like, all of those platforms were still profitable…massively profitable before they had targeted ads on your feed and unskippable ads before videos. They didn’t need to bring them in. They weren’t going to go under, their CEOs weren’t living in the backseats of their cars, they were living in mansions already. They just wanted more money.

Greed was the only reason. Capitalism is the reason they made their platforms and the user experience worse. That’s it.
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flowisaconstruct:

the-absolute-funniest-posts:

this hits too close to home

When you say something like “No one is forcing you to work at that job you hate,” you’re basically announcing your privilege. Yes, Chad, most of us in fact DO have to take what we can get.
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realtrashwitch:

quinndolyns:

people seem to have trouble understanding why i’m an anti-capitalist, so i’m going to try and put it into simple, real-life terms.

i work at a restaurant. i make $12 an hour, plus tips. minimum wage where i live is relatively high for my country - the national minimum wage is $7.25/hr, and has not been raised since 2009. before taxes, working full time, my yearly income is about $22,000 a year. ($25,000 if you count tips)

at my job, we sell various dishes, with an average price of about $10-$15. we get printouts every week detailing how much money we made that week; in one week, our restaurant makes about $30,000. (one of our other locations actually makes this much on a daily basis!)

i’m not going to go into details, but after the costs of production (payroll for employees, rent for the building, maintenance, and wholesale food purchasing) are accounted for, the restaurant makes an estimated profit of $20,000 per week.

this profit goes directly to the owner, who does not work at this location. the owner of my restaurant has actually been on vacation for a few months, but still profits from the restaurant, because they own it. i have met the owner exactly twice in my year of working here.

to put this into perspective, the owner of this restaurant earns in 2 days what they pay me in one year. and that’s just from this single location - the owner has several other restaurants, all of which make more money than the one i work at. this ends up resulting in the owner having an estimated net worth of tens of millions of dollars, even after accounting for the payroll for every single worker in their employ.

now, i have to ask you: does the owner of my restaurant deserve this income? did they earn it? did their labor result in this value being created?

the naive answer would be “yes”; the owner purchased the location and arranged for the raw ingredients to be delivered, did they not?

the actual answer is “no”. the owner may have used their initial capital to start the location, but the profit is a result of my labor, and the labor of my co-workers.

the owner purchases rice at a very low bulk price of about 25 cents a pound. i cook the rice, and within a few minutes, that pound of rice is suddenly worth about $30. the owner did not create this value, i did. the owner simply provided the initial capital investment required to start the process.

what needs to be understood here is that capitalists do not create value. they use the labor of their employees to create value, and then take the excess profit and keep it.

what needs to be understood is that capitalists accrue income by already HAVING money. the owner of my restaurant was only able to get this far because they started off, from the very beginning, with enough money to purchase a building, purchase food in bulk, and hire hundreds of employees.

that is to say: the rich get richer, and they do so by exploiting the labor of the poor.

the owner of my restaurant could afford to triple the income of every single person in their employee if they felt like it, but this would mean that they were generating less profit for themselves, so they do not.

the owner of my restaurant pays me the current minimum wage of my area, because to them, i am not a person. i am an investment. i am an asset. i am a means to create more money. 

when you are paid minimum wage, the message your boss is sending you is this: “legally, if i could pay you less, i would.”

every capitalist on the planet exploits their workers for their own gain. every capitalist, even the small business owners, forces people to stay in poverty so that the capitalist can profit.

this should be in textbooks
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copperbadge:

kyraneko:

porcelaincloud:

trashfirefallon:

out-there-on-the-maroon:

vstheworld:

prokopetz:

People keep asking who would do all the menial jobs if they didn’t have the threat of starvation hanging over their heads, but in my experience there are plenty of people who would be overjoyed to spend all day running minor errands for folks if they were allowed to tell the rude ones to fuck off.

If money wasn’t a problem, I actually enjoy the physical labor of my job and the sense of fulfillment at having something concrete I can look at and accomplish—it’s the being treated like a vending machine/punching bag while also making barely liveable wages that make the whole thing suck, not the work itself

I really enjoyed the tetris like feel of bagging groceries and stocking shelves for years. What wore me down was the inconsistent hours, bad pay, poor treatment of workers overall (they treated the elderly employees especially horribly) and nasty customers who I couldn’t tell off. 

For more pay, and more protection, I’d have happily stayed for a while longer.

I absolutely LOVE working early hours making coffee and tea and donuts and all that. I would fucking show up at 4am in the morning to work in a coffee shop that doesn’t have a manager constantly screaming at how long the line is and how many sales we need to make in an hour to reach our quota.

Like, I just really enjoy making food and mornings and people. 

Yeah tbh I really like selling phones and helping people understand their technology, I love helping people in general, if malwart wasn’t such a hell hole it’d be perfect

“But who would do all the menial jobs if we didn’t threaten people with starvation?”

Have you considered making them not menial?

1.(of work) not requiring much skill and lacking prestige.“menial factory jobs"synonyms:unskilled, lowly, humble, low-status, inferior, degrading;

The degradation of these jobs and the workers who do them is artificial and deliberate, made to justify the low wages and help reinforce the system that keeps people doing them despite said degradation.

It is entirely possible to create workspaces where the people who do these jobs are treated well, valued, allowed comfort and boundaries. This is a thing we can do.

I loved being the front-desk receptionist for my company. I had lots of time to read and write. I wrote and published a novel a year as a receptionist; since leaving that job I’ve written three and published one in seven years. I enjoyed making sure everyone got the help they needed, and I even liked taking phone calls. I liked being in a union job. I was good at it and everyone in the company knew me and knew I could help them if they had a problem. 

I just couldn’t live long-term on what they were paying me, especially since without the union-mandated cost of living raises I would never get a raise at all. If I earned then what I’m earning now, with the merit raises I now get, I never would have left it. 
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Ten Numbers the Rich Would Like Fudged | Alternet:

theactualcluegirl:

broliloquy:

questionall:

1. Only THREE PERCENT of the very rich are entrepreneurs.

According to both Marketwatch and economist Edward Wolff, over 90 percent of the assets owned by millionaires are held in a combination of low-risk investments (bonds and cash), personal business accounts, the stock market, and real estate. Only 3.6 percent of taxpayers in the top .1% were classified as entrepreneurs based on 2004 tax returns. A 2009 Kauffman Foundation study found that the great majority of entrepreneurs come from middle-class backgrounds, with less than 1 percent of all entrepreneurs coming from very rich or very poor backgrounds.

2. Only FOUR OUT OF 150 countries have more wealth inequality than us.

In a world listing compiled by a reputable research team (which nevertheless prompted double-checking), the U.S. has greater wealth inequality than every measured country in the world except for Namibia, Zimbabwe, Denmark, and Switzerland.

3. An amount equal to ONE-HALF the GDP is held untaxed overseas by rich Americans.

The Tax Justice Network estimated that between $21 and $32 trillion is hidden offshore, untaxed. With Americans making up 40% of the world’s Ultra High Net Worth Individuals, that’s $8 to $12 trillion in U.S. money stashed in far-off hiding places.

Based on a historical stock market return of 6%, up to $750 billion of income is lost to the U.S. every year, resulting in a tax loss of about $260 billion.

4. Corporations stopped paying HALF OF THEIR TAXES after the recession.

After paying an average of 22.5% from 1987 to 2008, corporations have paid an annual rate of 10% since. This represents a sudden $250 billion annual loss in taxes.

U.S. corporations have shown a pattern of tax reluctance for more than 50 years, despite building their businesses with American research and infrastructure. They’ve passed the responsibility on to their workers. For every dollar of workers’ payroll tax paid in the 1950s, corporations paid three dollars. Now it’s 22 cents.

5. Just TEN Americans made a total of FIFTY BILLION DOLLARS in one year.

That’s enough to pay the salaries of over a million nurses or teachers or emergency responders.

That’s enough, according to 2008 estimates by the Food and Agriculture Organization and the UN’s World Food Program, to feed the 870 million people in the world who are lacking sufficient food.

For the free-market advocates who say “they’ve earned it”: Point #1 above makes it clear how the wealthy make their money.

6. Tax deductions for the rich could pay off 100 PERCENT of the deficit.

Another stat that required a double-check. Based on research by the Tax Policy Center, tax deferrals and deductions and other forms of tax expenditures (tax subsidies from special deductions, exemptions, exclusions, credits, capital gains, and loopholes), which largely benefit the rich, are worth about 7.4% of the GDP, or about $1.1 trillion.

Other sources have estimated that about two-thirds of the annual $850 billion in tax expenditures goes to the top quintile of taxpayers.

7. The average single black or Hispanic woman has about $100 IN NET WORTH.

The Insight Center for Community Economic Development reported that median wealth for black and Hispanic women is a little over $100. That’s much less than one percent of the median wealth for single white women ($41,500).

Other studies confirm the racially-charged economic inequality in our country. For every dollar of NON-HOME wealth owned by white families, people of color have only one cent.

8. Elderly and disabled food stamp recipients get $4.30 A DAY FOR FOOD.

Temporary Assistance for Needy Families (TANF) has dropped significantly over the past 15 years, serving only about a quarter of the families in poverty, and paying less than $400 per month for a family of three for housing and other necessities. Ninety percent of the available benefits go to the elderly, the disabled, or working households.

Food stamp recipients get $4.30 a day.

9. Young adults have lost TWO-THIRDS OF THEIR NET WORTH since 1984.

21- to 35-year-olds: Your median net worth has dropped 68% since 1984. It’s now less than $4,000.

That $4,000 has to pay for student loans that average $27,200. Or, if you’re still in school, for $12,700 in credit card debt.

With an unemployment rate for 16- to 24-year-olds of almost 50%, two out of every five recent college graduates are living with their parents. But your favorite company may be hiring. Apple, which makes a profit of $420,000 per employee, can pay you about $12 per hour.

10. The American public paid about FOUR TRILLION DOLLARS to bail out the banks.

That’s about the same amount of money made by America’s richest 10% in one year. But we all paid for the bailout. And because of it, we lost the opportunity for jobs, mortgage relief, and educational funding.

Bonus for the super-rich: A QUADRILLION DOLLARS in securities trading nets ZERO sales tax revenue for the U.S.

The world derivatives market is estimated to be worth over a quadrillion dollars (a thousand trillion). At least $200 trillion of that is in the United States. In 2011 the Chicago Mercantile Exchange reported a trading volume of over $1 quadrillion on 3.4 billion annual contracts.

A quadrillion dollars. A sales tax of ONE-TENTH OF A PENNY on a quadrillion dollars could pay off the deficit. But the total sales tax was ZERO.

It’s not surprising that the very rich would like to fudge the numbers, as they have the nation.

Guillotine

Firing squad is more efficient. Especially since guns are so fucking easy to get here…

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