capitalism
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- utopian2
Surveillance Capitalism Google it!
- grafician-2
- diversity right there. no racism right there.shapesalad
- except disable or trans not represented.shapesalad
- colin_s0
probably the most successful con in history
- that's the catholic churchsted
- or perhaps the American Dream.Morning_star
- A combo of all threePhanLo
- Church definitely takes it. People won't die for capitalism and think it's 'good'.formed
- Except when threatened with communism? Ughmonospaced
- neverscared3
mhmm all these banana hoarders getting better with it
U.S. CEO pay soars 31% on stock and cash awards, study finds
Median pay for top U.S. CEOs rose 31% last year to a record $20 million, a new study found, surging after a slight decline during the COVID-19 pandemic, as companies showered leaders with stock awards and cash bonuses.
Chief executives receiving big pay increases included the leaders of tech giant Apple and semiconductor manufacturer Broadcom Inc,, according to the study released Monday by research firm Equilar.
- Why would this ever stop? Until there is a reckoning, the wealthiest will hoard as much as they can. Just look at the $$ being donated to the GOP.formed
- @formed, this 'reckoning' you mention, describe it - the who, the when and the how.Morning_star
- Guaranteed minimum income will become a solution for the wealthiest to keep their billions without getting slaughtered.formed
- Otherwise, homelessness will continue to rise, wealth divide grows and civil unrest grows, cities plummet in desirability, crime rises, etc., etc.formed
- UBI has its merits but brings a whole host of problems for the economy and unemployment. Why should people work? Homelessness is often not a financial problem...Morning_star
- ...At it’s heart are mental health, abuse and addiction issues, all of which would arguably have a negative effect if you added money.Morning_star
- UBI is not going to fix the problem.i_monk
- The rich need to realize we are fast approaching a point where their choices will be fair taxes or the guillotine.i_monk
- @i_monk...other than in the minds of a tiny set of disillusioned keyboard communists your claim has similar credibility to those of a flat earther.Morning_star
- The 1% are a convenient scapegoat to keep profiting from the system. The problem are not the rich, the problem are the poor.palimpsest
- I_monk- you live in a country where wealthy are already paying over 50% of salary. So i guess it's guillotine for them bc you feel like you deserve morehotroddy
- It's not trickling down fast enough.
https://i.imgur.com/…palimpsest - @i_monk - UBI is the solution to the guillotine. It appeases the masses, and keeps money in the economy. It's a win/win.formed
- Yes, in a country where the 1%'s wealth is growing exponentially while the mid/lower classes get annihilated, that's a problem that has to be addressed.formed
- You don't get to 'have' everything without contributing to making a better economy and nation. That's lazy.formed
- UBI would cause inflation Einstein. Or have you been living under a rock since you got your PPP loan?hotroddy
- @hot - You don't 'deserve' to isolate from contributing to a better economy/nation just because you're wealthy. Again, that's lazy, naive and, frankly, sad.formed
- what do you mean by isolate?hotroddy
- I mean stating things like the wealthiest 'pay the most' or 'don't punish success' or whatever is the latest bs. It's denying reality and wealth divide.formed
- utopian2
Billionaires and the 1% are using ‘dynasty trusts’ to avoid estate and gift taxes — forever. Congress needs to stop them.
- utopian0
- Funnily enough the free market gave the Twitter board the freedom to decide that selling a controlling stake in it's business was a good commercial move. I'm..Morning_star
- ...pretty certain that Elon and his execs were also free to do what the fuck they want with their money.Morning_star
- nb6
Welcome to life in big-city America 2022, where $100,000 salary feels like you’re just scraping by.
Fuck. How do we expect all the cool important people to keep living in nyc? The only artists left will be the trust fund kids and the stars of the latest broadway nostalgic interpretation of some dumb hit film.
Sad!
- De-globalisation and de-industrialisation are playing out, cities are now for the rich, but soon to be death traps under siege, with no water or food.shapesalad
- I think you’re underestimating how much money governments are willing to spend in order to protect the property rights of the rich.nb
- And all the most expensive real estate is in the big cities.nb
- Shapesalad, you should write a science fiction book.toemaas
- utopian2
The top 1% owned a record 32.3% of the nation's wealth as of
the end of 2021, data shows. The share of wealth held by the
bottom 90% of Americans, likewise, has declined slightly since
before the pandemic, from 30.5% to 30.2%.- Wiiinnniiiiiing!PhanLo
- news flash - they're also the first ones to lose all THIS YEAR. have you seen what the markets have done in last year, or is your head always up your arse?hotroddy
- How it's always been and how it'll always be. More invested = more susceptible to markets.formed
- oh yes hotroddy, won't someone shed a tear for those poor, poor billionaires. you knob-end.BuddhaHat
- I just don't get the qbn resentmenthotroddy
- that's because all the boot polish has clogged your brain.face_melter
- spoken like someone who doodles–dallies in acrylic paints all day long.hotroddy
- hydro742
- Not the healthiest, but sooooo good on baked or grilled fishnb
- Just use a plastic cutting board. Work smarter.palimpsest
- nb2
massive shortage on baby formula.
Hmmm thought shortages was why we don’t want communism?
Thanks, capitalism!
- bants https://i.imgur.com/…PhanLo
- more babies, that’ll sort it.MrT
- utopian0
U.S. companies post their biggest profit growth in decades by jacking up prices during the pandemic.
- U.S. companies posted record profits in 2021, even as Americans struggled with rising consumer prices amid the COVID-19 pandemic.
- Corporate pretax profits surged 25% year over year to $2.81 trillion, the Bureau of Economic Analysis said on Wednesday. That’s the largest annual increase since 1976, according to the Federal Reserve.
- When taxes are factored in, last year’s corporate profit increases were even more of an outlier. They soared 37% year over year, more than any other time since the Fed began tracking profits in 1948.
