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Forum » Just lol at late stage capitalism
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Thread: Just lol at late stage capitalism

post 1663348213 06-23-2022, 07:53 PM
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Just lol at late stage capitalism

"Redfin shareholders voted to approve executive bonuses and future compensation strategy on the same day the company announced major layoffs"

https://fortune.com/2022/06/23/redfi...nuses-layoffs/

This is why the common worker doesnt give a fuk anymore. Same day the rank and file lose their jobs cause of the business downturn executives get paid many multiples of your yearly salary. Just lol
post 1663348303 06-23-2022, 07:55 PM
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Oh wow I guess we truly do live in a society.
It is the current year.
post 1663348343 06-23-2022, 07:57 PM
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What you are describing is nothing to do with capitalism

It is the result of market protectionism and moral hazard as a result of repeated government bailouts and market interventions

Very few countries have adopted anything even remotely close to capitalism
post 1663348543 06-23-2022, 08:01 PM
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There's almost no point in working anymore. The juice isn't worth the squeeze. I might retire.

Boomers and Gen X are living life while millennials and zoomers are being screwed over big time
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post 1663348683 06-23-2022, 08:04 PM
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Originally Posted By BigBallsMcgee⏩
"Redfin shareholders voted to approve executive bonuses and future compensation strategy on the same day the company announced major layoffs"

https://fortune.com/2022/06/23/redfi...nuses-layoffs/

This is why the common worker doesnt give a fuk anymore. Same day the rank and file lose their jobs cause of the business downturn executives get paid many multiples of your yearly salary. Just lol
Agree. On a separate note though, you still with that chick? Hope you're still making it either way.
post 1663348703 06-23-2022, 08:04 PM
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thats not capitalism tho
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post 1663348713 06-23-2022, 08:05 PM
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Originally Posted By eod8989⏩
There's almost no point in working anymore. The juice isn't worth the squeeze.

Boomers and Gen X are living life while millennials and zoomers are being screwed over big time
yeah suck it millenial
post 1663348853 06-23-2022, 08:08 PM
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Juice isn't worth the squeeze
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post 1663348873 06-23-2022, 08:09 PM
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Originally Posted By r32gojirra⏩
What you are describing is nothing to do with capitalism

It is the result of market protectionism and moral hazard as a result of repeated government bailouts and market interventions

Very few countries have adopted anything even remotely close to capitalism
Ahh the old "that wasn't real capitalism " the same as the socialists do?

Its modern corporate America. If that's not capitalism what is it?
post 1663348943 06-23-2022, 08:10 PM
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Originally Posted By eod8989⏩
There's almost no point in working anymore. The juice isn't worth the squeeze. I might retire.

Boomers and Gen X are living life while millennials and zoomers are being screwed over big time
Its just hard to find the motivation anymore. Like wtf is the point even? We're playing a bs rigged game and the incentive isn't really there anymore
post 1663349123 06-23-2022, 08:16 PM
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Originally Posted By BigBallsMcgee⏩
Ahh the old "that wasn't real capitalism " the same as the socialists do?

Its modern corporate America. If that's not capitalism what is it?
Corporate welfare

Crony capitalism

Call it what you want

But it’s not a market economy

It’s capital owners buying ownership of politicians to re-write the rules for themselves

The entire concept of “too big to fail” goes against the entire point of a market
post 1663349543 06-23-2022, 08:24 PM
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This is what left wing socialist "capitalism" is like.

For reference, see China.
post 1663349963 06-23-2022, 08:33 PM
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Originally Posted By JayJ350⏩
This is what left wing socialist "capitalism" is like.

For reference, see China.
Just lol at modern America. Maybe we need to collapse and start over
post 1663353143 06-23-2022, 10:09 PM
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Originally Posted By BigBallsMcgee⏩
Its just hard to find the motivation anymore. Like wtf is the point even? We're playing a bs rigged game and the incentive isn't really there anymore
Because you little sh*ts still need to fund our retirement benefits.

Now get back to work cleaning my pool, maggot.
post 1663353443 06-23-2022, 10:16 PM
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I've only heard leftist white women say "late stage capitalism"
post 1663357053 06-24-2022, 01:41 AM
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Anything bad in a monopolistic capitalist system isn't really capitalism. They are as bad as commies
post 1663357103 06-24-2022, 01:47 AM
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In on daily whiny kunt thread...JFL
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post 1663357113 06-24-2022, 01:47 AM
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OP do you think you'll be one of the ones holding a gun when communism is implemented? Or will you be digging the mass grave?
A million miles away - I don't.. feel.... anything.
http://www.youtube.com/watch?v=PXGZu4yxjW0
post 1663357163 06-24-2022, 01:51 AM
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Just lol @ people who think we live in a capitalist economy

We are somewhere in between centrally planned and corporate protectionism
Plant the trees in whose shade your grandchildren will play
post 1663357813 06-24-2022, 03:00 AM
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Originally Posted By r32gojirra⏩
Corporate welfare

Crony capitalism

Call it what you want

But it’s not a market economy

It’s capital owners buying ownership of politicians to re-write the rules for themselves

The entire concept of “too big to fail” goes against the entire point of a market
What you're talking about is lobbying and I agree it's bad to a certain extent.

But what OP is talking about is PURE capitalism.
post 1663358073 06-24-2022, 03:12 AM
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Originally Posted By r32gojirra⏩
Corporate welfare

Crony capitalism

Call it what you want

But it’s not a market economy

It’s capital owners buying ownership of politicians to re-write the rules for themselves

The entire concept of “too big to fail” goes against the entire point of a market
Exactly. A lot of people can't tell the difference apparently. They think greed is the only component needed to qualify as capitalism. ****ing lol.
post 1663358113 06-24-2022, 03:15 AM
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Originally Posted By wolfofmarkcity⏩
Exactly. A lot of people can't tell the difference apparently. They think greed is the only component needed to qualify as capitalism. ****ing lol.
The market is there to allocate both risk AND returns

To some extent it relies on greed to survive


However if you use public money to bail out private interests when it goes bad (when the risk materialises) then that risk is no longer priced in and we do NOT have a market economy
post 1663358173 06-24-2022, 03:19 AM
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You guys sit on the misc all day and work for 20 minutes then complain when companies cut your worthless asses

How many jobs are truly welfare and not actually needed? Those are the ones getting cut first when a major recession is on the way

That is capitalism making business more efficient. The CEO is more important than Joe blow who spends an hour pretending to chit every day
post 1663358213 06-24-2022, 03:22 AM
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Originally Posted By r32gojirra⏩
The market is there to allocate both risk AND returns

To some extent it relies on greed to survive


However if you use public money to bail out private interests when it goes bad (when the risk materialises) then that risk is no longer priced in and we do NOT have a market economy
Talking like a man who thinks Goldman Sachs's billionaire C-suite shouldn't able to play the market with zero risk: take big gambles and win when it goes well, get bailed out by the taxpayer when it goes badly. Kinda heartless man, how are they are going to buy more megayachts if government took that attitude?
"A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand."
post 1663358433 06-24-2022, 03:34 AM
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Originally Posted By Azrairc⏩
You guys sit on the misc all day and work for 20 minutes then complain when companies cut your worthless asses

How many jobs are truly welfare and not actually needed? Those are the ones getting cut first when a major recession is on the way

That is capitalism making business more efficient. The CEO is more important than Joe blow who spends an hour pretending to chit every day
I’m not being paid for the 20 minutes of decision-making that i do each day (when I’m not on leave)

I’m being paid for the 20+ years of study and experience that preceded each of those decisions
post 1663358923 06-24-2022, 04:03 AM
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Idk, id say inheritance or nepotism is worse

Like in your example if those executives are family and chit

If they got there themselves? Great... They may have produced something

But inheritance? Didnt actually do anything, potentially rewarding bad behavior, taking spots from others, etc., etc.
post 1663358963 06-24-2022, 04:05 AM
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Originally Posted By propreffered7⏩
Idk, id say inheritance or nepotism is worse

Like in your example if those executives are family and chit

If they got there themselves? Great... They may have produced something

But inheritance? Didnt actually do anything, potentially rewarding bad behavior, taking spots from others, etc., etc.
post 1663359123 06-24-2022, 04:13 AM
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Originally Posted By BigBallsMcgee⏩
Its just hard to find the motivation anymore. Like wtf is the point even? We're playing a bs rigged game and the incentive isn't really there anymore
The worst part is knowing it's all cronyism and nepotism

People don't get their positions from honest hard work anymore it's all about who you know and what you'll do for them

Like who wants to work at a place that's like that?
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post 1663359353 06-24-2022, 04:27 AM
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The simple boardgame Monopoly teaches us everything about capitalism.

Eventually everything is owned by the few and they just get to make up whatever rules they want to keep the others playing because it's no fun to play by yourself.

Then you have to wipe the board clean and start over.
"We are as our thoughts have made us; So take care about what you think, Words are secondary , Thoughts live ; They travel far."
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post 1663359413 06-24-2022, 04:30 AM
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Businesses don't cut jobs from profitable departments or that are providing necessary output in a cost efficient manner.

Diverting funds, even from executive bonus structures, doesn't make those departments profitable and weakens the company as a whole and puts all employees in jeopardy
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