• 0 Posts
  • 80 Comments
Joined 2 years ago
cake
Cake day: April 12th, 2024

help-circle






  • Tryptaminev@lemm.eetoTechnology@lemmy.world*Permanently Deleted*
    link
    fedilink
    English
    arrow-up
    8
    arrow-down
    1
    ·
    2 years ago

    I think you misunderstand rich people. Why do you think they make PACs? Why do you think they make Ivy Leagues and send their kids there? Why do you think they keep up all these illusions. Do you think they are too stupid to realize that you can get an equivalent education for a fraction of that money?


  • Their “class” is not important when it comes to investing. If they could fire all the nepo babies and use AI instead, they would do it in 1 second.

    Firing the nepo babys remains consistent with being the owning class. And they put the nepo babies so they dont have to put rising middle and lower class people there.



  • Ivy League, internships etc. prove exactly what you are critizising. They prove to have the connections. They prove to be part of the in-group. They prove that you will defend your class interests against the lower classes. And if you are one of the very few people who achieve upwards class mobility, they prove that you will be betraying them.

    This is not about running the best company or running the best economy. It is about maintaining class power and privilege.



  • Problem with publicly traded is that there is no personal risk past the price you bought the stocks for. You paid $ 1,000 for some stocks of “evil chemical corp”? Now your financial interest, and thats the only measureable one, would want them to pollute for a damage of $ 10,000 respective to the stock value if that increases your stock price to $ 2,000, as long as the risk of them having to pay for cleaning it up is smaller than 50%. Problem is the same holds true for a damage of $ 100,000 relative to your stock. Or any arbitrarily large amount. Your share in the damage caused could be in the billions, but worst thing the company goes bankrupt and you loose your stocks buying price.

    The only alternative would be holding shareholders responsible with their own money, if a company is forced to pay up for damages they caused, going past its bankruptcy.







  • I hope if Harris gets into office she will be more than just a token granted by the DNC to appease minority voters. We already saw Obama being a mediocre at best internally, and internationally brutal war criminal, president. Him being black did not make him a good president. And for Hillary Clinton the “she’s a women” trope failed catastrophically and brought us Trump in the first place.

    Harris needs to convince with policy and character, not with race or gender.

    EDIT: I did not mean that Harris would only convince with ther background. It is important to move past the tokenism approach that the DNC used to take.