
2025-08-25 06:16:10
The reason we keep building the Torment Nexus is because all we have are Torment Nexus factories in a system designed by and for Torment Nexus factory owners.
#capitalism
The reason we keep building the Torment Nexus is because all we have are Torment Nexus factories in a system designed by and for Torment Nexus factory owners.
#capitalism
Read "What went wrong with capitalism" by Ruchir Sharma.
A mildly interesting description of the major events in world an US economics in the last 50 years. Might
be a fair summary for anyone who didn't live through it or has a poor memory.
In short he thinks what went wrong was government bailing out failure leading to massive debts and increa
sed inequality.
Governments took over all the things instead of letting capitalism sort them out, he reckons, and wheneve
r a big industry or company fails you just get socialism for the rich and a bail-out from new printed money.
Easy cheap money, constant bail-outs, government intervention, leading to zombie companies racking up every larger debt to exist, billionaires who can't fail due to government support, and a stock market that's up-only bringing a flood of inefficiently-allocated capital.
Is he right? I mean, maybe, sort of. But when an industry really can't be allowed to fail, say water supply and waterway management, allowing private capital to extract maximum resources from it isn't the best method to manage it in the first place. No wonder they need bail-outs. Capitalism fails here because capitalism isn't the right solution here. We need publicly owned national services, not robber barons without
bailouts.
So, you know, half right. Perhaps these are some of the reasons why capitalism fails, but also we shouldn't even be trying to apply capitalism to every single thing in the first place.
#reading #capitalism #economics #RuchirSharma
“I’m usually fine with surveillance capitalism but this is too much, even for me.”
#surveillance #capitalism #BigTech
This heatwave in the Nordic EU? Oh, obviously climate change, courtesy of capitalism warming up the planet like it’s one big corporate sauna.
But hey, don’t blame me, I’m just here trying to cool off while CEOs keep printing profits instead of fixing the planet!
#Capitalism #AntiCapitalism
Capitalists are fine with destroying the world. And they will be there to profit from rebuilding it from the ashes.¹
__
¹no, they are not the ones to do the actual work. They never did, so why should they
#capitalism #CapitalismIsADeathCult
Your annual reminder that Richard Palmers name be cursed and he may burn in hell.
#capitalism
This is actually a superb, forensic report by Special Rappoteur Frencesca Albanese on the contribution of global #capitalism to the #GazaGenocide, which I'd encourage everyone to read.
Every paragraph is worth quoting.
This guy makes me laugh!
#Capitalism #AntiCapitalism
“The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.”
– Frank Zappa
#capitalism
Durry - idk i just work here (Official Music Video) #music
Having 21 capitalists following you is quite an achievement!
#Capitalism
Computers are the cold machinery of industrial despotism, tools of alienation imposed by capitalist power.
Junk no worker ever called for, standing in opposition to the free self-organization and creativity of the laboring masses.
#Capitalism #Computers
You're damn right it is madness. We need to scrap these terrible systems.
"Suzuki says that, despite his understanding of the climate crisis, Carney — like all of us — is trapped by the economic and political systems we've created. And for Suzuki, our only hope for survival is to scrap those systems entirely.
David Suzuki joins Jayme Poisson on the podcast for a wide-ranging discussion from what a world of irreversible climate change looks like to what he describes as the "madness" of continued investment in fossil fuels to the lessons environmentalists of the future can take from the past.”
#ClimateChange #ClimateEmergency #EndFossilFuels #CanPoli #CdnPoli #Canada #Energy #EndGrowth #LateStageCapitalism #Capitalism #Racism
https://www.cbc.ca/radio/frontburner/david-suzuki-warns-carney-of-pipeline-and-growth-madness-1.7586960
"We shouldn’t be surprised, because capturing communities with false promises only to sell us out is business as usual in the corporate internet. The founders handled the transition horribly, even by tech industry standards, and the pain and disruption it creates in our lives is real. Yet capital is constantly pulling the rug on online communities... For corporations, it’s always profits over people"
Honestly, the fact that you have to sell your labor just to have a roof over your head is wild as heck, not gonna lie!
#Anarchism #Syndicalism #Capitalism
I actually love getting things done, but not when some fat cat fattens their pockets off my sweat. Long live syndicalism and the power of the workers!
#Syndicalism #Capitalism
You lose some, You win some!
Anarchy? Yes!
Capitalism? No!
#Fediverse #FediFollow #FollowFriday
The world is on fire, and the owner of an electric car company is helping fuel the flames of both climate change and fascist capitalism.
#WesleyRidgeFire #ElonMusk #Tesla #ClimateChangeEmergency #EndFossilFuels #BCLNG #Fascism #Capitalism #endstagecapitalism #portalberni
Unmasking My Office Part 1 - This Isn't Overthinking
#Unmasking
This is not the world I or my children deserved or asked for. #WesleyRidgeFire #ElonMusk #Tesla #ClimateChangeEmergency #EndFossilFuels #BCLNG #Fascism #Capitalism #endstagecapitalism #portalberni
I’m #ActuallyAutistic, and I despise #Capitalism!
#Autistic #AntiCapitalism
🚫 I firmly oppose: #Windows #Consumerism #Capitalism #Fascism