T O P

First post! ( Please don't be a repost)

First post! ( Please don't be a repost)

[deleted]

Same deal with the banks during the 2008 crash. They got a bail out for their irresponsibility. Can I get one when I lose all my money at the casino too?


OblongShrimp

No, cause then you're a freeloader, why should honest citizens pay taxes for you to spend them on some stupid stuff? The poor rich bankers work hard for their coke and hookers, they make value for society. Value I say! Look at all the debt they create and how they funnel it into wealth. So smart! /s


truneutral

That third yacht is really going to stimulate the economy.


OblongShrimp

They are creating many jobs for all the yacht builders and crew. Think about women and politicians who get to ride these yachts too. All very important for society's progress.


shstron44

They claim they prop up the economy with their billionaire hobbies like yachting, but point the finger at poor people and claim they’re just going to spend their money on Jordan’s and expensive food and liquor.


nincomturd

"I met a homeless person who has a SMART PHONE! Can you imagine???" --Too many people I've known irl


Fuzzybluepillow

My coworker once met a homeless person who still had a job, and his mind was blown. He just could not compute. Like… sometimes things happen with our living situations.


NotLurking101

It's just thinly veiled classism. They would love to say "God filthy homeless people are lazy and don't deserve anything" people need to understand a used $50 smartphone still works on wifi.


erleichda29

You can tell those people that even the free government phones are androids these days.


chinacatsunflower96

This is all true but I just can’t stop laughing that it was posted by a veggie tales fan account


ABreadCalledGarlic

Reminds me of the time I saw a Steak Umm account promoting critical thinking on their twitter.


mlapa

That's all they do on Twitter, it's their whole schtick. And it's working because here we are on a fully different platform talking about a company we wouldn't have heard of otherwise. Kudos to their social media team!


paraouji

What the fuck is steak umm?


Mad_Gouki

Frozen shaved steak meat that you put on sandwiches. Think philly cheese steak.


GothWitchOfBrooklyn

I'm not sure that it actually is bc I've seen so many posts from this account and 0 of them have been veggie tales related


dread_pirate_humdaak

Given that veggie tales is a dominionist Christian recruiting tool, I doubt it’s anything official.


FilipinoGuido

A WHAT now?


xanderrootslayer

It’s easy to forget Veggie Tales is a religious cartoon because the writer was self aware enough to put actual humor in it.


anarcho-himboism

and advanced enough to have made that entire “weed eater” shtick


xanderrootslayer

They predicted zoomer memes, who would have thought


dread_pirate_humdaak

«One of the tactics Chick-Fil-A is infamous for is stealth evangelism targeting kids–via use of both Veggietales and via giving out Focus on the Family audio programs as children’s meal incentives. “Veggietales” was originally created by Paxson Communications (owner of PAX-TV and a major player in the dominionist “alternate media”) as an alternative to PBS programming for families in the dominionist “parallel economy”; according to the very creators of the show, they apparently think Sesame Street promotes the “homosexual agenda” and hence the creators made the “parallel economy” alternative. Veggietales is, by the explicit admission of the creator, designed to recruit kids into dominionism as early as the toddler age; disturbingly, Veggietales has been used to recruit kids into “revivals” held by Assemblies “name it and claim it” preacher Luis Palau and in a flyer distributed in a public school trying to recruit kids into a “Jesus Camp” type summer camp affair.» http://jessicajewettonline.com/chick-fil-as-links-to-dominionism-and-anti-gay-agendas


calilac

And despite that I totally shipped Bob and Larry.


dread_pirate_humdaak

Apparently one of the creators is gay.


ThighWoman

They had me at The Dance of the Cucumber: Now it's time for "Silly Songs With Larry" Narrator: "Larry will be performing The traditional Argentinian ballad, 'The Dance of the Cucumber, ' in it's original Spanish. Bob the Tomato will translate." {L}: "Miren al pepino" / {L}: "Watch the cucumber" {L}:"miren como se mueve" / {B}: "see how he moves" {L}: "como un leon" / {B}: "like a lion" {L}: "tras un raton." / {B}: "chasing a mouse." {L}: "Miren al pepino" / {B}: "Watch the cucumber" {L}: "sus suaves movimientos" / {B}: "Oh, how smooth his motion" {L}: "tal como mantequilla" / {B}: "like butter" {L}: "en un chango pelon." / {B}: "on a ... bald monkey." {L}: "Miren al pepino" / {B}: "Look at the cucumber" {L}: "los vegetales" / {B}: "all the vegetables" {L}: "envidian a su amigo" / {B}: "envy their friend" {L}: "como el quieren bialar" / {B}: "wishing to dance as he" {L}: "Pepino bailarin, pepino bailarin, pepino bailarin" {B}: "Dancing cucumber, dancing cucumber, dancing cucumber" {L}: "Baila, baila, ya!" / {B}: "Dance, dance, yeah!" {L}: "Miren al tomate" / {B}: "Look at the tomato" {L}: "no es triste?" / {B}: "Isn't it sad?" {L}: "El no puede bailar." / {B}: "He can't dance." {L}: "! Pobre tomate!" / {B}: "Poor tomato!" {L}: "El deberia poder bailar" / {B}: "He wishes he could dance" {L}: "Como el pepino" / {B}: "like the cucumber" {L}: "libre y suavemente." / {B}: "free and smooth." {L}: "Pero el no puede danzar." {B}: "But he can't ... Okay! Stop the music! What do ya mean I can't dance? I can dance! What about Uncle Louie's polka party? Didn't you see Me dancing at Uncle Louie's polka party?" Larry: "No comprendo." Bob: "No comprendo? I'll show you 'No comprendo'!" {Jr}: "Mom! Dad! Look over here! Get a picture of me next to the cucumber In authentic Argentinian garb!" {Dad}: "Okay, Junior. But we'd better hurry-- I think the dwarves have your Mother confused with someone else! Say 'Peas!'" {All}: "Peas!" {Larry}: "Escuchen el pepino" {Bob}: "Listen to the cucumber" Larry: "oigan su voz fuerte" Bob: "hear his strong voice" Larry: "como un leon" Bob: "like a lion" Larry: "listo a devorar." Bob: "about to eat." Larry: "Escuchen al pepino" Bob: "Listen to the cucubmer" Larry: "que dulce as su canto" Bob: "oh how sweet his voice" Larry: "la voz de su garganta perece un triar." Bob: "the breath from his throat is like a of little birdies." Larry: "Escuchen al pepino" Bob: "Listen to the cucumber" Larry: "los vegetales" Bob: "all the vegetables" Larry: "envidian a su amigo" Bob: "envy their friend" Larry: "como el quieren cantar." Bob: "wishing to sing as he." Larry: "Pepino cantador, pepino cantador, pepino cantador" Bob: "Singing cucumber, singing cucumber, singing cucumber" Larry: "canta, canta, ya!" Bob: "sing, sing, yeah!" Larry: "Escuchen al tomate" Bob: "Listen to the tomato" Larry: "? No es triste?" Bob: "Isn't it sad?" Larry: "El no puede cantar." Bob: "He can't sing." Larry: "Pobre tomate." Bob: "Poor tomato." Larry: "El deberia poder cantar" Bob: "He wishes he could sing" Larry: "fuerte y ducle como el pepino" Bob: "strong and sweet like the cucumber" Larry: "Pero no puede ..." Bob: "But he can't ..." Larry: "! Ni siquiera da un silbido!" Bob: "Can't even ... whistle! All right! That's it Senor! Come over here And let me sing YOU a song!" Larry: "Adios, amigos!" Narrator: "This has been Silly Songs With Larry. Tune in next time to Hear Larry sing ..." Larry: "Bob is really angry! I hope he doesn't catch me! It's so hard to Run with this sombrero on my head!"


dread_pirate_humdaak

Cleanup in aisle four. Someone dropped a box of JSON.


calilac

Beautiful! Just beautiful. I still bust out in random Silly Songs With Larry lyrics. Hairbrush, Cheeseburger, Barbara Manatee, and Cebu are our longtime household favorites.


ThighWoman

Also “Everybody’s Got a Water Buffalo” bursts out of me occasionally


Prior-Chip-6909

Don't play Barbra Manatee...that song makes me cry...


calilac

Aw. I can't imagine what led to that but I promise not to when you're around.


chinacatsunflower96

Right. I assumed it was a fan account by a random person who was just really into veggie tales


seaboigium

Unfortunately the account was suspended because it advocated for capital punishment against pedophiles. Twitter really those things it seems.


FaeryLynne

Damn, why didn't I know about this account BEFORE it was suspended.....


ventulicola

'i never thought i'd be fighting side by side with a veggietales account' 'how about an anti-work advocate?' 'aye, i could do that'


CloudyMN1979

Might be an unpopular opinion, but I've never once seen a post in this sub that wasn't worth repeating.


TartarusFalls

You from St. Cloud?


CloudyMN1979

Minneapolis.


TartarusFalls

Grew up 4 hours north of you. Miss Minnesota sometimes.


dread_pirate_humdaak

The mosquitoes or the ice?


TartarusFalls

The woods.


Flanders9000

Its pretty cloudy in hutchinson, MN today. How bout Minneapolis? Thinking of taking a trip tonight


[deleted]

This one is not. People who complainan this problem never seem to suggest a solution, I wonder why. Maybe because there isn't one? Sure, go ahead. Create a company that saves money for a once in a decade rainy day. I'll create the same exact one, but I'll reinvest every penny. Who cares if I die a decade later? Your company won't be around to witness my downfall, that's for sure. And now we're both out of business and the government has a choice. They either bail me out or make all the people I employ lose their jobs. Not only that, but then those people would have to wait years until someone else starts the exact same company working the exact same way.


Marshmellow_Diazepam

That might be true if they actually reinvested in the business. Many of those companies spent their profits on stock buy backs.


Thereisnopurpose12

If no one has seen it yet, watch "Requiem of the American Dream" documentary by Noam chomsky. Fucking eye opener. It's free on YouTube


Sasquatch8649

I watched that years ago. Of all the documentaries I've ever watched, that one completely disillusioned me. I mean, I was already a miserable cynic, but then I watched that... People don't realize how rigged the game is. It's as if you'd show up an hour late to a monopoly game after all the properties are already owned. But even that would be a better scenario because even then they'd give you money to start.


QueerWorf

the difference is you can just walk away from the monopoly game. same thing with poker. if you are at a table where the sharks rule, just walk away. life isn't that easy


Sasquatch8649

Yep. That too. Most reasonable people who play a game of Monopoly recognize when it's over and they restart.


Thereisnopurpose12

Yeah these dudes are playing with a human life and they couldn't give a shit. The shit that made me the most angry is how Tax Payers bailed those motherfuckers out and we didn't even vote on it. The politicians who get money from lobbyists did.


Thereisnopurpose12

Right. If you have no money well ig you're going to be homeless and hungry.


jcelflo

Just looked it up, I think I prefer other Chomsky’s lectures if only to avoid the excessive background music and illustrations that actually distract from what he is saying.


Thereisnopurpose12

Yeah he has some good stuff out there.


SmokeyMacPott

I was so pissed off at the start of the pandemic, like seriously? It's been 3 weeks and all these major corporations are declaring bankruptcy. Like Jesus people save a little money.


JDM_MoonShibe

Really makes you wonder where all the “profits” go.. If I was running my own business I would prioritise having a “rain day” fund.


bek3548

Many businesses (my experience is with small ones) do not hold money over to the next year if they are incorporated because they will have to pay corporate taxes on that money and then pay personal taxes if they take the money out the next year. For large corporations, this isn’t that big of a deal, but it can be a killer for small businesses so they usually just take all the money at the end of each year to avoid the double taxation.


tofuroll

I'm guessing that's just the USA?


coffeensnake

Not really. The details may vary but I live in Central Europe and in my country every single company owner I know buys whatever assets they can on company money by the end of the year, to increase the expenses and reduce the tax as much as possible. I guess it's similar process? Sorry for the lack of legal/business jargon, it's no my forte.


tofuroll

Oh, that's what you mean. You referred to double taxes and I thought you meant they'll be taxed on money every year for as long as it's held.


coffeensnake

I have no idea what the OP of the comment thread meant exactly about double taxes in the USA. (I'm sure they're from the USA, because other people don't assume it's obvious and mention the area when describing law or taxes). But companies use similar approach wherever the local law allows it, as far as I can tell.


bek3548

What I meant by double taxation is the owners of small corporations (effectively incorporated small businesses) having to pay corporate and personal tax on the same money if the corporation holds it over to the next year. They have a choice between: 1. Leave the money in the company, pay the corporate tax on the profits, and then when that money is paid to the owner paying personal taxes as well. 2. Take all the profits for the year as a bonus and only pay personal income taxes and avoiding the corporate taxes. As I said, this is important for small businesses with one or very few owners and doesn’t really factor in for giant corporations. This is based on my experience in the US.


[deleted]

[удалено]


bek3548

You are correct (as far as I know). The businesses I have dealt with have been small ones where the owner was also an employee. In this situation (even if they are a C Corp) the money can be taken as a bonus to the employee and taxed appropriately. Of course it gets very complicated because payroll taxes cap out and bonuses are treated differently in some ways and certain amounts can be put in a retirement account with significant tax avoidance, but the general idea is (in my experience) a business owner pays more tax to hold money over year to year in a corporation than they do to just empty the company each year.


tofuroll

Gotcha. That's the same in Australia.


MrJingleJangle

For listed corporations, stockholders do not generally like to see large amounts of money just sitting in bank accounts doing nothing. Businesses run on cashflow, the assumption is, money in, money out, and as long as the wheels are turning, everything is ok, there doesn’t need to be a lot of cash just sitting around. If the money wheel stops turning, it’s not long before the business is circling the drain.


[deleted]

[удалено]


potmakesyouparanoid

Going to the billionaire space race


Leather-Yesterday197

I’ll keep doing side jobs till I get a job that will pay me what I feel is a fair wage. Until then, these companies can try and find someone who will SHOW UP everyday and take less money. Good luck


HoursOfCuddles

ya! Fuck em! The EPI has already shown that union membership rates scaled perfectly with how much money goes to workers and to top 10%ers. The second these companies start paying all their employees a living wage as they did back in the 50s I won't care if they buy 50 mega yachts. Thats up to them, we just want a living wage that allows us to work for them in, say, Toronto AND purchase a house and save for a family in Toronto.


Leather-Yesterday197

This could also be a pre cursor for them allowing more immigrants to come in knowing they will take those jobs for nothing.


HoursOfCuddles

Bruh Who even cares about immigrants ? Let them do as they need to do! ( as long (as they can prove they are refugees who are in dire situations in their own country, we should give THOSE immigrants freedom in here). There should be a scales-with-Consumer price index salary paid unto all adults 25 and older in the country that is enough for a person to survive and thrive so that the need for mandatory jobs is no more. If a person wants to make more money than the 'gov salary' they must uptake some from of essential work like janitorial, R&D for the country, agriculture, etc... We should all also be able start their own business if we desire using the money of this gov salary without fear of a life-shattering bankruptcy! ...Or the government should give all citizens free-reign to survive off the land...


RobertusesReddit

This country cannot comprehend "losing profits" and "paying your workers fairly" because they're brainwashed to think $15 is bad, when it's literally not enough; $25 is the equal min wage, workers stop the fog of death, Capitalism is force funding a cure to continue the cattle. They need to stop working and change our slavery to empathy.


automatic_bazooti

Imagine what could be accomplished if the American working class just marched on DC and squatted for a month or two. 🧐


qwertythrowup

r/octoberstrike


NutInYurThroatEatAss

Probably a massacre and/or they'd quickly approve millions of illegals to work in their place. Not too sure what the outcome would be, but it wouldn't be the outcome we desire.


automatic_bazooti

I’m not talking about any stupid 1/6 bullshit. I mean literal squatting. Fill up the streets and parks with a mass collective of working class in true solidarity with each other, demanding the changes we need and are owed from all lawmakers. This is how the NHS was formed after WWII.


[deleted]

Idk man. Nothing stopped cops tear gassing peaceful protests after Floyd died. And I mean the actual peaceful protests before the riots broke out. I was watching videos from the very beginning when it was just a march and thats all... still got gassed.


kodiakus

Power isn't in buildings. What we need to do is move in on every executive board and throw them out their windows if they don't sign over control of the corporation to worker democracy. Political power is in ownership of property.


automatic_bazooti

Agreed but no corporate board will recognize a workers democracy that has no political power


kodiakus

Control over a corporation *is* political power. I'm saying the corporate board's recognition should be made irrelevant, by force if necessary. They can complain on the way to a people's court.


philtric1993

you're not entitled to anything. what an incredible economic philosophy, one that's based purely on entitlement.


Many-Shirt

I'd argue a lot of people are entitled a lot of things. You're entitled to various rights, freedoms and privileges in the US -- where folks differ is on what entitlements ought to be included in the package and which folks deserve to get them.


Biobot775

Neither are the rich. So why shouldn't we demand more from them? Why shouldn't we take back as much wealth from them as we can? Why should we suffer because they have and we do not? If nobody is entitled to anything, then how come they have so goddamn much and keep getting more, while others are breaking their backs to survive off so little and still going to the poorhouse or the grave? Billionaire capitalism: what an incredible economic philosophy, one that's based purely on entitlement.


philtric1993

The rich are 'entitled' to their wealth because they earned it. There is no wealth to 'take back'. It was never yours in the first place. What suffering? Not having the arbitrary quality of life you think you deserve is not suffering. Your mindset is so fundamentally wrong. you assume that any inequality stems from an unfair system. is it unfair that doctors get paid vastly more than retail workers? is it unfair that the scientists that put man on the moon get paid more? is it unfair that those who developed the covid vaccines were well compensated? all these people provide so much more value to society than burger flippers. It would be insane to reward them the same. People are not paid based purely on how much or how hard they work, but how much that work is roughly worth to the market. Now take that mindset and apply it to the whole system. The market isn't perfect, but it's close enough. Those who have it better than you largely deserve it. Those who inherit wealth exist, but in order to not squander it and leave nothing for their kids, they must continue to provide value with that capital. Capitalism isn't based on entitlement, but cute attempt


Biobot775

>The rich are 'entitled' to their wealth because they earned it. They didn't. Maybe the first few million, for some, but by and large they use capital to gain capital. They aren't working for it at that point, just funneling it off their employees who they choose not to pay a living wage to. >There is no wealth to 'take back'. It was never yours in the first place. It's taking it back by reclaiming it from capitalists who filtered it off the working class. >What suffering? Not having the arbitrary quality of life you think you deserve is not suffering. So you're not familiar with rising housing, rising student debt, rising inflation. Cool. >You assume that any inequality stems from an unfair system. No, ink ow that inequality stems from accumulation of capital by the capital class. There's like, hundreds of years of books on this. >is it unfair that doctors get paid vastly more than retail workers? is it unfair that the scientists that put man on the moon get paid more? is it unfair that those who developed the covid vaccines were well compensated? all these people provide so much more value to society than burger flippers. It would be insane to reward them the same. I never suggested to pay every ody the same. Nonetheless, massive amounts of generational wealth have been captured by capitalists in just the last year. It is reasonable that society can and should pay a living wage to even minimum wage workers. This is no longer the case. By the way, all of the professions you listed are seeing reductions in pay and increases in cost of education before even being able to enter the workforce. They all deserve to be more fairly compensated. And I'be spent my entire career in pharma including working for 2 companies that worked on vaccine development: those people aren't making anything like what you must think they make. The management generally does though. But there are very few manager positions in the world compared to all other positions. Relying on getting into management just to have a decent life is pretty ridiculous, considering Americans used to be able to afford to live off of one single minimum wage job for the household. >People are not paid based purely on how much or how hard they work, but how much that work is roughly worth to the market. Incorrect. They are always paid less than the value of their work. Further, capitalists are not paid according to the value of the products and services they provide, but rather the excess revenue of the value and services they provide less the costs to provide them. That's fine, that's business. The problem is they are keeping too much of the profit and not returning enough to their employees or the public, leading to our current economic woes. >Now take that mindset and apply it to the whole system. The market isn't perfect, but it's close enough. Sigh, the wealth inequality gap has been expanding for decades and there is currently no city in the US where minimum wage workers can afford to live. But keep telling yourself things like... >Those who have it better than you largely deserve it. I posit that those who have it worse than me deserve better too. >Those who inherit wealth exist, but in order to not squander it and leave nothing for their kids, they must continue to provide value with that capital. Incorrect. Reinvestment of capital in ownership assets does not require that they provide any value at all. Rather, they leech value through rent seeking behaviour. >Capitalism isn't based on entitlement It is by definition entitlement. People with capital are entitled by that capital to fuck everyone else over, and they do. Stop conflating a well regulated open trade market with our current crony capitalism. And read a book while you're at it. This isn't a discussion about ideals, it's a discussion about the real harm being done to real humans as we speak. Even Adam Smith, the father of modern economics, argued against rent seeking behaviour and accumulation of capital at the detriment of the public. It's pretty simple stuff: if you don't provide welp funded public services and ensure the flow of wealth to the working class then you ensure poor living conditions, worsening public health, and decrease total economic output which hurts even the capitalists. They just don't care because they'll survive even if everybody else won't. https://youtu.be/hZnuc-Fv_Tc


philtric1993

>They didn't. Maybe the first few million, for some, but by and large they use capital to gain capital. They aren't working for it at that point, just funneling it off their employees who they choose not to pay a living wage to. capital creating value is not inherently wrong so long as it's not being used anti-competitively. >It's taking it back by reclaiming it from capitalists who filtered it off the working class. you're just restating what you originally said. it's not yours to take back. you're not being screwed over by your employers just because they're not giving you the entire value you generate with their capital. you fundamentally don't understand the concept of supply and demand. jobs are subject to supply and demand like every other service. if a job can be readily replaced by someone else for the same wage, you are not being underpaid. >I never suggested to pay every ody the same. Nonetheless, massive amounts of generational wealth have been captured by capitalists in just the last year. do you even know what generational wealth is? unless you actually mean a ton of people died off and gave their money to their family in the past year. > It is reasonable that society can and should pay a living wage to even minimum wage workers. This is no longer the case. first off, a 'living wage' is purely arbitrary and changes depending on who you ask. second, living on minimum wage is perfectly viable in many places in this country. you just can't have that arbitrary standard of life you seek. just because you can't have a family of four in your personal stand alone home working 25 hours a week on minimum wage doesn't mean it's not livable. >This is no longer the case. By the way, all of the professions you listed are seeing reductions in pay and increases in cost of education before even being able to enter the workforce. They all deserve to be more fairly compensated. "fairly compensated" from you is meaningless. the market determines what is fair compensation. the culture shift from 30-40 years ago to now where college is the new highschool is the result of this. stop pushing college as the single viable career path (with the government funding it) and you won't need masters/phd for entry level biology jobs, and prices for college will go down because the demand (wow that supply and demnd thing again...) for them will decrease. >Incorrect. They are always paid less than the value of their work. Further, capitalists are not paid according to the value of the products and services they provide, but rather the excess revenue of the value and services they provide less the costs to provide them. That's fine, that's business. The problem is they are keeping too much of the profit and not returning enough to their employees or the public, leading to our current economic woes. go watch a basic economics youtube video. this word salad makes no sense. revenue is total incoming money to the company. "excess revenue" makes no sense. profit is revenue minus expenditues (money the company lost from wages, material cost, etc) "paid less than the value of their work" what you, and every other socialist doesn't understand is that capital has value. you are using a company machine, company training, company facility, company management. all of those things cost money, and contribute to the value you think you solely made. if someone flips 50 burgers an hour and results in 50 sandwiches being sold for 4 bucks each, that's 200 bucks, but out of that there's maybe 2 bucks in the patty and other material costs, purchase cost and maintenance of the grill, the cost it took from someone taking time to train you, the purchase or lease of the facility, all of these things are deducted from that cost, and so on and so forth, and any excess profits are reinvested to grow the business. and even if there were, your value is not what you make, but what the supply and demand of the market for your skills determines your work is worth. if a burger flipping made a million dollars a second, it wouldn't matter because everyone else can also flip burgers. >Sigh, the wealth inequality gap has been expanding for decades wealth inequality is not inherently bad >and there is currently no city in the US where minimum wage workers can afford to live. But keep telling yourself things like... that's a bold face lie. minimum wage is absolutely liveable in many places. >Incorrect. Reinvestment of capital in ownership assets does not require that they provide any value at all. Rather, they leech value through rent seeking behaviour. you have literally no idea how investment even works. did you know that investing can lose money? what a fucking shocker eh? the fundamentals of economics are completely lost on anyone who supports socialism like this. >Stop conflating a well regulated open trade market with our current crony capitalism. a "well regulated open trade market" is an oxymoron, and "well regulated" creates crony capitalism. large corporations seeking to **regulate** their competition out of the game so they can unfairly amass more money.


Biobot775

>capital creating value is not inherently wrong so long as it's not being used anti-competitively. I didn't say it was. But rent seeking behaviour and capturing wealth are universally understood to be bad for any economy. Look it up. >you're just restating what you originally said. it's not yours to take back. you're not being screwed over by your employers just because they're not giving you the entire value you generate with their capital. I'm sorry that you don't understand how profit works. For profit to exist, revenue must be greater than cost, which means for a company to generate profit then the value of the output of it's employees must exceed the cost of paying those employees. Literally economics 101. By definition, employees are *always* paid less than the value of their labor, or else they are let go. >you fundamentally don't understand the concept of supply and demand. Oh ok gotcha, thanks for enlightening me. >jobs are subject to supply and demand like every other service. Yes, go on... >if a job can be readily replaced by someone else for the same wage, you are not being underpaid. Never said that, but ok. >do you even know what generational wealth is? unless you actually mean a ton of people died off and gave their money to their family in the past year. I do, do you? What happened was a virus swept the world and a ton of people did die off, but that wasn't my point. My point was that the wealth that billionaires captured during pandemic was so great that it both dramatically increased the wealth they have to pass to their kin, while also severely undercutting the wealth the working class had to do so with. It was such a large amount of wealth capture it will literally be felt for generations. >first off, a 'living wage' is purely arbitrary and changes depending on who you ask. second, living on minimum wage is perfectly viable in many places in this country. you just can't have that arbitrary standard of life you seek. I mean a report just came out today stating that there is no city in the US that is affordable at the minimum wage anymore, but please, tell me how that doesn't clearly fit my statement. >just because you can't have a family of four in your personal stand alone home working 25 hours a week on minimum wage doesn't mean it's not livable. >"fairly compensated" from you is meaningless. the market determines what is fair compensation. Keep licking those boots, Elon still won't let you ride his rocket. >the culture shift from 30-40 years ago to now where college is the new highschool is the result of this. stop pushing college as the single viable career path (with the government funding it) and you won't need masters/phd for entry level biology jobs, and prices for college will go down because the demand (wow that supply and demnd thing again...) for them will decrease. It's not. I didn't. What happened was through regulatory capture large corporations suppressed the minimum wage and destroyed unions, driving down the effective cost of labor, until education was no longer affordable. When that wasn't enough, they sent as my ch manufacturing off shore as possible, leaving only the college-educated jobs. They created the demand for college education while simultaneously reducing the working class's ability to afford it. Read a history book, it's all right there. >go watch a basic economics youtube video. this word salad makes no sense. revenue is total incoming money to the company. "excess revenue" makes no sense. profit is revenue minus expenditues (money the company lost from wages, material cost, etc) So you're critique is that I wrote "excess revenue" instead of "revenue in excess of cost" to describe profit? Wow, such a deep critique. Yes, I was obviously describing profit, no shit. Thank you. >"paid less than the value of their work" >what you, and every other socialist doesn't understand is that capital has value. you are using a company machine, company training, company facility, company management. all of those things cost money, and contribute to the value you think you solely made. Capital does have value. So does an educated working class that can afford to live. Why is capital more valuable to you than human lives? Also, expecting livable wages isn't even fuckin close to socialism, but keep drinking the right wing kool-aid. It's telling that you can define profit correctly but can't define socialism. >if someone flips 50 burgers an hour and results in 50 sandwiches being sold for 4 bucks each, that's 200 bucks, but out of that there's maybe 2 bucks in the patty and other material costs, purchase cost and maintenance of the grill, the cost it took from someone taking time to train you, the purchase or lease of the facility, all of these things are deducted from that cost, and so on and so forth, and any excess profits are reinvested to grow the business. >and even if there were, your value is not what you make, but what the supply and demand of the market for your skills determines your work is worth. if a burger flipping made a million dollars a second, it wouldn't matter because everyone else can also flip burgers. Yep, I took high school economics. I understand that wages are based on negotiation, and having a more desirable skill set gives you a stronger hand in negotiation. What you fail to even talk about is that *Americans used to raise families on minimum wage and the only reason that stopped is because the wealthy captured regulatory bodies, destroyed the unions, and funneled the wealth to the top.* It literally doesn't have to be this way, and didn't used to be. There is no reason that a person needs a billion dollars, but there are strong reasons the working class needs livable wages (namely, so they can fuckin live, why don't you think that's important?) I think you really need to assess what in your morals makes you ok with billionaires funnelling wealth while providing no further value to society than they already did through their corporate Interests but don't think your neighbours having food and a house is important. Do you actually value human life, or only dollars? Because everything you've said is an argument for why being wealthy is okay and why the poor don't matter. You do realize poor people are still people right? >wealth inequality is not inherently bad It is if it's too big. >that's a bold face lie. minimum wage is absolutely liveable in many places. Sure isn't. >you have literally no idea how investment even works. did you know that investing can lose money? what a fucking shocker eh? I do. I did. Did you know that not all investments provide any value to society? Look up rent seeking, it doesn't just apply to local landlords. I also never said investment is bad. We should invest in things that provide value to society. Billionaires aren't one of those things. Bootlickers aren't either. >the fundamentals of economics are completely lost on anyone who supports socialism like this. I am yet to even come close to describing socialism. At the closest I'm talking about a return to the New Deal. But you'll call that communism I'm sure. >a "well regulated open trade market" is an oxymoron, and "well regulated" creates crony capitalism. large corporations seeking to **regulate** their competition out of the game so they can unfairly amass more money. Really? Because we had it from the 40's til the 70's during the highest growth period for American households in US history. And what you're talking about, companies using regulation to squash competition, that's not a well regulated economy, that's called regulatory capture and it's a feature of the crony capitalism I mentioned. Look up those terms. But it's cool, you keep arguing for billionaires and arguing against livable wages, the stuff that housing and food comes from. You've been raised to value the right of the wealthy to profit more than the right of the poor to literally survive, and that's your shame to carry. Good luck with that. I couldn't sleep if I were you, but that's why I'm not like you, thank goodness.


RobertusesReddit

Imagine Black Panther style exercising rights but no guns and just standing. But fuck, this country is hating neighbors for justified hatred towards our rulers over an executed man, propagated to force us all to work and ignore, echoing many other points of Fascist strangleholds in our history. The memorial was preparing for war against its own people while the Insurrection was almost celebratory until the top brass saw the proletariat and that common hatred, scorn as a false flag. Alas, we only have but a step in the labor markets and the Great Resignation to inspire a dream accomplishment. [Fuck I turned into a poet right there]


replicantcase

See: Wall street, Occupy Didn't do anything. Edit: it honestly didn't. Look it up. All we learned was that peaceful protest doesn't work now that money has replaced public opinion via Citizens United.


OIlberger

They were badly organized, too inclusive (made their message muddled), were too easily dismissed by the media because they were decentralized and didn’t have clear leadership. Compare them to the teachers who striked in Kansas in 2019 or the George Floyd protests, those were much more effective examples than occupy.


replicantcase

Effective in messaging, but same results unfortunately. Nothing has actually changed from any of those examples and nothing will as long as we continue to confuse protest with standing around with signs.


Biobot775

Bingo. Peaceful protest only works where there is a reservoir of political power that is both powerful enough to enact your will and sympathetic to your cause but not yet sufficiently agitated to do so. In that case, peaceful protest can raise awareness and build enough sympathy to get that reservoir of political power to work on your behalf. Where that doesn't exist, direct action is required to raise the cost of maintaining the status quo above the cost of making change. There's an escalation of action in play. Status quo ("This is good, no dissent") -> peaceful protest ("This is not good") -> passive resistance ("I will not comply") -> active resistance ("I will not comply and will fight back if you try to make me") -> active rebellion ("I will fight you if you do not change this"). The opposite side has a mirrored escalation though. Status quo ("This is good") -> peaceful reinforcement ("I will label dissenters") -> passive reinforcement ("I will standby as a show of force") -> active reinforcement ("I will fight anybody who crosses this line") -> cull dissenters ("I will actively pursue dissenters").


[deleted]

[удалено]


kodiakus

While you had the actual numbers necessary to end wallstreet as a place and a people forever.


fgigjd

Accurate.


7ow7ife

I can’t get over that these corporations feel so entitled to our pennies, that they feel it’s their loss when they don’t successfully con us into purchasing their garbage.


SynthAndTear

3 mOnThS oF ReNt!!1!1


Preact5

Are they really working on weekly margins or is that hyperbole?


That_annoying_git

I think it hyperbolic BUT banks are drama queens and jump at the slightest downturn in the markets


mayohno

Shouldn’t managers give out money to workers affected by covid crisis?


Camarokerie

It's also *hilarious* that these poorly managed billion dollar companies are given regular government bail outs


CombineAgent66

Socialism for the rich, tolling for the poor.


WorkHater1

It's because these companies hide all their profit in tax shelters like Hong Kong. Moderna is one... oops. And then, when something unforeseen happens, they can't get to the money cause it's blocked there or they get audited when they ask for support... i bet some of these companies didn't need support, still asked for it, then got audited... Look up the mother company FNG that had a bunch of shitty clothing chains that were super poorly managed, so badly that anyone could see it even without shopping there (cause they were all really big shops with old formulas on highway routes) and you just kept wondering how they will pay for all those buildings and loans by selling 10 euro shoes! Then one day I read that the banks invested 500 million in them. Seriously?! Why does a bank invest 500 million into an old shoe store obviously gone megalomaniac?! You'd think these banks would expect a thorough market plan. Nope. Well into bankrupcy these stores tried to sell some clothes too. The same raggedy old shit you can buy in other shops and online... and a lot of chain stores are run this way. Some are good though, and you can usually simply tell by the friendliness of the staff. It's a sign they have good contracts, knowing the shop will keep running. It-doesn't exclude tax evasion though. I keep screaming to change company tax laws so that all companies must be taxes where their business is physically run, not where their registered seat is.


TartarusFalls

It’s a repost.


01cecold

They’re not poorly managed they’re just trying to pay their CEOs and shareholders as much as possible instead of investing in the company or it’s Human Resources


moenchii

RIP @Veggiefacts...


captaintrips420

Getting cash from the govt is only classy when you’re rich.


billquentin

some companies are strategically oriented to not seem profitable for tax reasons, not even just a poorly done job


lesser_futhark

u/RepostSleuthBot


lesser_futhark

Bot is banned, but yes, it's a repost. "Looks like a repost. I've seen this image 1 time. First Seen [Here](https://redd.it/ojv4ga) on 2021-07-14 100.0% match." Literally the same fucking day.


LogMeInCoach

Yeah I know I've seen this before. Shame about the bot though. That was a good bot.


Tsuki_no_Mai

It's not banned from reddit, just from this sub.


fatemaster13

You dont want companies hoarding money just because. You want companies spending just about everything and debt all the time to keep money moving in the economy.


Marshmellow_Diazepam

Like stock buy backs?


Infinite_Nipples

>First Post! Nobody cares. >( Please don't be a repost) It is. Next time, try making the title actually relevant to the post instead of about you.


Gcblaze

It's a proven financial system the GOP is fighting to maintain!. The Rich are getting richer!


thepanichand

Everything on this subreddit is a repost.


truneutral

Tbf it’s not always that they are badly managed. They just know free money is one call to a senator away.


imnos

I'm curious what an actual capitalists defence of this is?


Biobot775

Actual capitalists do have reserves of cash (in the form of a diversified portfolio of liquidatable assets), which they funneled up to them and extracted from the economy. They just won't let you have any of it when an economic collapse occurs. Hell, they won't let you have any of it when the economy is *good*. Billionaireitis is a mental health disorder that needs to be addressed as a public health crisis. People are dying because these hoarder dragons won't give up their wealth. Tax the rich.


AConcernedTaxpayer

to be fair, I love veggie tales


deepfriedlies

Where's my boy Socko's opinion on this one?


SteveBelongsToJesus

I do s


Metalhead33

Or, that they *(the big businesses)* literally need the government to bail them out Oh, so the rigours of the free market for the ordinary citizen, but socialism for big corporations?


RandyDinglefart

It's definitely a repost.


Prior-Chip-6909

Thanks for pointing that out Larry! God bless you!


thatguykeith

There’s some wisdom.