Are you sure you quoted the right part ?The necessity of the regulator was always clear. The US has a long history of trust-busting, which is never easy. This means telling rich & powerful people they can't be as rich and powerful anymore. It means hurting very profitable businesses, hurting profits in the short term to benefit profits (stability, competition, etc) in the medium term. The Activision case is a very good example. The regulator is pissing off M$, who are major political backers no doubt. I think it's the right choice but maybe xbox gamers don't.
Should it be the piece about monkeys overthrowing the leader ?
Antitrust is just warlord infighting. It'll never solve capitalism problems, just like duels won't solve feudalism.
Poor people are told every minute they can't be as rich and powerful as others. No problem at all.
Sure, which means the former middle class starts understanding they're poor, without necessarily understanding they already were.Exactly. But dollars are now funneled through institutions & mega asset managers so things have changed. Capitalism is rather centralized.
But what has this to do with votes ?
I don't think it's fair but I don't think it's true either. I think most of the poor people work much harder than powerpoint CEOs and they earn much less. I think it's more the more dishonest you are the more you earn. (and even then you need some art and some luck too).Actually the criteria is hard work. And I think it's true, if you work harder you will probably have more wealth. That's quite fair isn't it?
It's not fair because working very hard to become the best possible football player is absolutely useless and should be paid less than cleaning streets or selling letuce, even if you do it lazily.
Working hard to cure cancer or putting out fires is useful and should be paid, but in general working hard should be disincentivised.
Working requires resources, not only efforts. And wasting resources is bad. So it depends on the results, not on the amount of work.
Did I just accidentally agree with @TeDaDeS ??
Russia and China are capitalistic, in a slightly more advanced way than the USA. In china and Russia the rich people have bought the government and put up authoritarian systems without artistic pretentions of freedom. In the USA artistic pretensions remain.Yes. The US ceded control to the markets, put things in place to stimulate growth and invention. Contrast this with Russia & China, who both have tremendous natural resources, highly educated populations, massive industrial capacity & huge internal markets. But instead of the market choosing which companies exist it's mandated from Beijing, and they invariably get it wrong and you end up with inefficient companies that lose money but continue to operate, and everyone suffers except the shitty companies and the dictators continue to pretend that they can effectively steer an economy.
If the USA doesn't collapse further it may reach those levels sometime. If it doesn't it'll be because of the American taste for artistic pretensions.
Growth is cancer.
What we need is the opposite of that growth.
If you consider growth whatever makes us better, then you'll just disagree that what we have is growth. But I think the growth we have is quite semantically proper growth, and is not what we need. So I find de-growth just fine, @ElPoco. I kind of prefer "decroissance" but that may just be the first literally reference, not semantical.
Of course there are lots of USA or other places companies loosing money and continuing to operate. Twitter did it forever, and most start ups do (I'm not sure they all continue operating, many are bought off and shut down, but then theoretically they continue operating because the buyers operate further, it's likely meaningless).
I'm poor too, so both our cases together shows that being poor says nothing about being smart.Yep. I'm poor.
But being smart also says nothing about being poor or rich.
company growth is not economic growth, unless your economy intuition is thwarted.Capitalism is simply how companies get funded. Capital is used to grow companies. Literally.
Of course they innovate. I think the CCCP innovated more than Russia, but it was also larger.I don't where you got this information. I don't believe it's true. Again, compare the US to Russia & China who have a fake private sector. They don't innovate they just benefit by plagiarizing the West.
China does innovate, it just doesn't reinvent the wheel. It thinks it's ok to steal immaterial made up property from other places, because other places have stolen everything from the rest of the world.
But they do innovate. Basically the west invented a set of abstractions it thought worked for them and got angered than the rest of the world didn't agree. Intellectual property is vaporware.
I'm western and I'd love Chinese and worldwide companies abode by free software licenses, but it's still make believe.
And they pushed it in a way that you can't have decent graphics without proprietary shit. Thanks but no thanks. I'd rather have a slower freer progress.I have half baked theory that the (private) video game industry pushed digital technology the most. Possibly more than defense, academia, private research. The video game industry just has so much capital funneled into it.
Oh, that's easy. Just think as yourself as the looser, not the winner. With the winner takes it all, there are so many losers you're likely to be one.(I’m not too fussed about “equality”)
ACKThe logical endpoint of (unfettered) capitalism is complete exploitation of everything of value, total decimation of all natural resources. And we’re plowing ahead …. Regulation is perennially playing catch up….
LOL.You need to provide an alternative you can’t just be negative.
Just stop working and starve. Everyone. Or collective suicide. Anything.
Immediate full extinction of the human species is a better alternative than the current situation, which has this as a consequence together with many other species. I'm not sure if all of them, meaning the extinction of all known (to us) life in the universe.
We're far beyond the point where you can ask for better alternatives. Almost anything is better than what we're doing.
The problem is finding a solution where we survive. The optimization is getting as many as possible to survive.
A better solution than business as usual is trivial. Business as usual guarantees extinction. Business as usual will stop itself. Business as usual IS negative.
That's the point of "extinction rebellion". Their tactical goals and procedures I don't understand, but the basic idea is clear.
Funny metrics.Full on capitalist America is doing much better than its peers, Russia, China, Brazil and India by most metrics. Maybe a revolution and complete overhaul of the system are appealing but I’d rather see the system evolve.
As long as the job is not marketing... Creating needs for things we were not needing is absolutely the opposite of what we need...My view is countries should focus on creating jobs. This would mean a lot. All sorts of jobs because people are different. Getting a job that suits your inclinations and allows you a decent standard of living should be a basic human right. It’s possible today, there are a few obstacles, we want stuff as cheap as possible so have to import and thereby limiting local industry and opportunities. We are shooting ourselves in the foot, egged on by politicians (and cheap stuff).
We should guarantee (not sure it's possible) that everyone survives. Not that everyone has a job. Jobs should be means to an end, not the end itself. Just as money is a mean and not an end.
No. Remember:So since we live in democratic societies we choose our leaders who in turn drive policies that are popular, including (excluding) regulation. Capitalism is the people’s choice.
Capitalism is capitalism's choice.Democracy is one person one vote.
Capitalism is one dollar one vote.
We don't have fully democratic systems anywhere. Because we haven't equally powerful people. Because we don't have equality, whether you care or not.