Live and recent posts from across the Fediverse tagged #capitalism, aggregated by home.social.
《Jensen Huang, one of the most important people in the AI industry, admitted to an affair in a memo to colleagues, while his company said it was initiating an independent investigation.》
This is the guy telling you to embrace AI
#BanAI #AISlop #BanDataCenters #BigTech #CorporateGreed #Capitalism #ArtificialScarcity #Nvidia #ResetSociety #BeTheChange #Socialism #LocalEconomy #Descentralisation #OwnYourStuff
«Central #bank found that #AI has increased #UK #productivity by an estimated 0.5% over the past three years. (…) The Bank of #England noted that surging demand for AI-related products, including #memory chips, has pushed up export prices in #China and other Asian economies, raising import costs for Britain. (…) It seems the AI industry's most impressive productivity achievement is convincing businesses to keep opening their wallets.»
https://www.theregister.com/ai-and-ml/2026/11/06/bank-of-england-pours-cold-water-on-ai-productivity-boom/5308059
#bubble #economy #finance #capitalism
Company morale.
Somebody stop me I can't stop drawing orange chuds.
New today on #HoPWaG: we look at how the Dutch Republic became the "first modern economy" and how the de la Court brothers defended this system philosophically.
historyofphilosophy.net/podcast/earl...
#dutch #capitalism #podcast #philosophy #philsky
River in the Brazilian Amazon Is Contaminated
Greenish patches have spread over 30 kilometers of the Bacajá River, a major tributary of the Xingu River in Pará. Initially identified by indigenous people on October 24, the contamination was confirmed by water tests, which detected concentrations of cyanobacteria—potentially toxic to humans and fish—up to four times higher than the reference limit.
An expert notes that the phenomenon may be linked to a combination of high water temperatures, deforestation, and gold mining, but the causes are still under investigation.
https://infoamazonia.org/2026/11/06/rio-bacaja-fica-verde-e-tem-trecho-de-30-km-contaminado-por-bacterias-que-ameacam-comunidades-no-xingu/
#Brazil #Amazon #indigenous #climate #deforestation #mining #pesticides #capitalism
Entire city police force in Georgia resigns when it's revealed that the tracking cameras have been turned on them. (thread = D.C. police union files complaint, same thing) Home of Flock, Georgia has ~ 10K cameras.
The self-own: "Using the same means we use is out of the question!" How many cases of police abusing these systems do we need to see.
#fascist #USA #surveillance #capitalism #data #privacy #FlockCameras #ALPR #dystopian #present
https://futurism.com/future-society/police-force-georgia-resigns-surveillance-tracking
Alt-J - Fitzpleasure
https://www.youtube.com/watch?v=joSUixErUGY
Deep greedy and googling every corner
La, Trala–, Tra-a-la, –la-la-la-la-la-la-la
#AltJ #Fitzpleasure #Trip #Music #Heartland #Treasure #Pleasure #Corruption #Capitalism #Queue
Maggots feed on dead flesh.
#meme #memes #shitpost #shitposting #politics #capitalism #lol #lmao #bluesky #socialmedia #screenshot
Social Theory of Fear, Terror, Torture and Death in a Post-Capitalist World | New addition to archive.org after several attempts... 👇📖🔖 #Capitalism #CapitalismIsADeathCult
Ganz was Neues:
"Die Ökonomin Mariana Mazzucato fordert einen neuen Kapitalismus. Er soll weniger den privaten Gewinn und stärker das Gemeinwohl in den Mittelpunkt stellen, etwa bezahlbares Wohnen."
https://www.spiegel.de/wirtschaft/staroekonomin-mariana-mazzucato-die-techbranche-ist-nichts-anderes-als-die-mafia-a-385ed8b4-1e39-48d4-adc1-bd129b76f28e
oder
https://archive.is/kzlFq
RE: https://equestria.social/@cloudhop/117573756967078617
I've been thinking this since 1990ish when I was in my 20s and began to understand the #US political system (electoral #politics and the legislative process) was mostly owned and controlled by #capitalism. From the founding days 250 years ago the US has been governed by the aristocracy. It's a ruling class today as it was then. The establishment 2 parties limit the scope of what's possible and always act first for the wealthy, owning class. It's been like that for 250 years.
Folks, GET THIS: This system is designed to be owned by capital and governed by their proxies with a facade of "democracy" that is largely an ILLUSION.
The only way it becomes more responsive to "the people" is if the people burn shit down between elections. Look at France in recent weeks. That's how it's done. And the citizenry NEVER GETS TO TAKE A BREAK FROM PROTEST.
USians have allowed themselves to be defined my consumerism and entertainment. We don't want to do the work of #democracy.
@Dragofix The uk government has something similar enshrined into law and they just ignore it, its a distraction tactic to make people think they have things under control while they continue to enrich themselves with fossil fuel capitalism
“ #TearGas: the most effective agent used by employers to persuade their employees that the interests of capital and labor are identical."
- T-Bone Slim ( #iww )
#Bangladesh 🇧🇩 #Capitalism makes $40 billion a year from exports by 2,500 #garmentworker factories; the world's second-largest garment exporter after China 🇨🇳
Workers demand monthly #Minimumwage be doubled to 30,000 taka ($241.55) from 12,500 taka currently for food, housing and transport costs.
https://en.wikipedia.org/wiki/Textile_industry_in_Bangladesh
“ #TearGas: the most effective agent used by employers to persuade their employees that the interests of capital and labor are identical."
- T-Bone Slim ( #iww )
#Bangladesh 🇧🇩 #Capitalism makes $40 billion a year from exports by 2,500 #garmentworker factories; the world's second-largest garment exporter after China 🇨🇳
Workers demand monthly #Minimumwage be doubled to 30,000 taka ($241.55) from 12,500 taka currently for food, housing and transport costs.
https://en.wikipedia.org/wiki/Textile_industry_in_Bangladesh
There's always the contradiction for us socialists, are we allowed to exploit the weaknesses and decay of late-stage capitalism to our benefit.
My point is that you sure in hell we are allowed for the first house because you just liberated yourself from capitalist exploitation by the landlord.
In my ideal socialist system the working class owns the houses they live in and landlords are effectively stripped out of their deeds and the houses are given to the renters living in them.
💯 from @ruthbenghiat
"many democracies have engaged in self-harm, creating the conditions that have made authoritarian conversions easier. They have adopted neoliberal policies that have increased inequality and enabled the plunder of natural resources and the erosion of labor rights and social assistance. The mentality of competition rather than collaboration encouraged by neoliberal capitalism has contributed to a “loneliness crisis,”
Vibe #economics have been a thing since long before #AI
#capitalism #markets
Hey... are you on your lunch break? Feeling a little frustrated? Aren't we all these days.
Enjoy a little catharsis.
Get a little satisfaction.
DICK PUNCH EVERY SUIT
https://www.drivethrurpg.com/en/product/452281/DICK-PUNCH-EVERY-SUIT--Corporate-Revenge-TTRPG?affiliate_id=741284
The Useless Class: Is Yuval Noah Harari’s Theory a Certainty?
In Yuval Noah Harari’s bestselling work Homo Deus: A Brief History of Tomorrow (2015), he argues capitalism risks creating a “useless class” of people:
“The most important question in twenty-first-century economics may well be what to do with all the superfluous people. What will conscious humans do once we have highly intelligent non-conscious algorithms that can do almost everything better?
This ‘useless class’ will not be merely unemployed – it will be unemployable.”
The press picked up on the concept. Here’s a Guardian feature in May 2016, by science editor Ian Sample, in AI will create ‘useless’ class of human:
“Instead of morphing into omnipotent, all-knowing masters of the universe, the human mob might end up jobless and aimless, whiling away our days off our nuts on drugs, with VR headsets strapped to our faces. Welcome to the next revolution.
Harari calls it ‘the rise of the useless class’ and ranks it as one of the most dire threats of the 21st century. In a nutshell, as artificial intelligence gets smarter, more humans are pushed out of the job market. No one knows what to study at college, because no one knows what skills learned at 20 will be relevant at 40. Before you know it, billions of people are useless, not through chance but by definition.”
We’re not there yet by a long shot, but at the tail end of 2026 it’s never felt closer. Trump’s disgusting war has fuelled business uncertainty and mass layoffs (particularly in America), with AI ready and waiting to automate many mundane tasks. AI is also blocking recent graduates, and other young people, from getting many entry-level jobs.
There’s now a well-documented employment crisis in Europe and North America (again, particularly in the US), with swathes of professionals still in work “quiet quitting” due to apathy over their employers’ obnoxious behaviour.
For people who studied fancy degrees such as chemical engineering, law, web development, business management, or physics, was there any point? Will there be any work? Yes, when the job market improves in the future (i.e. when the war ends). But the job market has fundamentally changed, some degrees may well be wasted, and artificial intelligence is the big concern.
The job market has long faced short-term macro shocks such as wars and recessions, then recovers slightly. AI-driven automation is secular and permanent. Will there be any career unaffected by AI?
I’ve consistently seen older Conservatives chastising Gen Z for pursuing such fancy degrees when they could have pursued, for example, work in the trades. This is an obnoxious, gobby stance to take, as if trades are suddenly inundated with 10+ million people looking for a new line of work, those industries become massively oversaturated with professionals and work shrivels up.
For example, imagine a hyper-competitive plumbing sector here in Manchester, UK. Delight in, say, 50,000 newly qualified plumbers aggressively vying for even the most mundane call out fee, battling it out to unclog toilets to pay the bills.
The sign of a healthy economic system is one with:
Capitalism hasn’t delivered much of that since the 2008 recession. All we’ve seen in the western world is skyrocketing poverty and wealth inequality, fuelling immense social instability and political disturbances.
Couple this with the unchecked population explosion of the last 50 years, now with 8+ billion people on the planet, and I’d like to see governments taking action to prepare for this. The problem is we live in a socioeconomic structure built around worshipping rich people and viewing greed as a tremendous personality trait. We’re so far entrenched into capitalism that governments make a beeline to keep business owners happy; citizens are secondary.
We nod to one of our favourite social commentators (According to Nicole) below. She highlights how many rich people have used their wealth to unfairly gain an advantage across society. As the billionaire class, in particular, is a massive problem. The “job makers” (as the myth goes) could well be on track to create an unprecedented employment crisis.
As it stands in the UK, as of November 2026, the employment rate for people aged between 16-64 is 75.3% (Office for National Statistics stats). 34.577 million people are in work, with 1.712 million unemployed. With the economic struggles from Trump’s war, job vacancies have fallen to around 691,000 (this is where the job market crisis hits, with 1.712 million crunching into under 700,000 jobs).
For professionals in work, some may feel smug and secure on large wage packages and a long-term role with an employer. They may look at the recent Canva and Netflix lay offs and think it won’t happen to them. But those redundancies/lay offs could come for them at any second. Bosses don’t care, if it means saving a bit of overhead for their pay rise and bonus they’ll do it.
I think of a social media example a few years ago, where a business owner pocketed a $3 million bonus and threw a $100 pizza party for the employees who had made him that money. No salary reviews, no bonuses for staff, just some cheese and veg on bread. I never do understand this stuff. Why not take a $2.9 million bonus and with that $100,000 give the staff who’ve made you rich a little extra something for their efforts? No? Yes, as that’s not how mindless individualism works.
Thinking ahead, which the world’s governments clearly aren’t, if Yuval Noah Harari’s theory comes to pass there’ll have to be some form of universal credit for the useless class. Given how relentless the housing and cost of living crises are, UC would have to be quite a lot to meet everyone’s basic needs.
The super-superrich would easily be able to fund all of it, of course, but greed doesn’t leave much room for empathy. Billionaires just don’t function on any level other than total self-absorption. In all their glorious supremacy, why should they lose 1% of their trillionaire fortune to support the people who didn’t work hard enough?
Conjecture and theorising on my part, but it’s an individualistic economic system and one where concerns for others is rarely evident (and viewed as “communism” when present).
As with the climate change crisis, complete blame for the useless class issue would fall on capitalism. We can see this crisis coming from 1,000 miles away, but the big blockers are:
And a sizeable chunk of the western population has the temporarily embarrassed millionaire mindset. They think their hard work will result in money, as that’s what we’ve had drummed into us since a young age. Oh well. For younger generations, get that masters degree in unclogging toilets and get ready for a plumbing gig economy where 1,000 people clamour for work per clog. That’s market efficiency for you in the big beautiful business world.
Addendum Alert: AI’s Impact on the Environment
A final kicker with all this fake AI business urgency is the colossal impact the technology has through:
The physical infrastructure required to maintain all these AI data centres is immense and drains a huge amount of natural resources. See the UN’s June 2026 piece AI’s environmental costs threaten water, land, and climate:
“Data centres, the global infrastructure powering AI, could consume 945 terawatt-hours of electricity annually by 2030 – nearly triple the combined annual electricity use of Pakistan, Bangladesh, and Nigeria, countries collectively home to more than 650 million people.
However, this is just the tip of the iceberg. On top of the carbon footprint, every unit of electricity used by data centres also carries a “water footprint” for cooling and energy production, and a “land footprint” associated with power generation and supply chains …
Public debate has largely centred on the energy required to train advanced AI models, but the study finds that day-to-day usage accounts for roughly 80 to 90 per cent of total energy demand.
The scale is striking: one widely used AI service is estimated to process around 2.5 billion prompts per day, consuming hundreds of gigawatt-hours of electricity each year.
Energy use also varies widely depending on the task. Generating a single AI image can require more than a thousand times the energy of simple text classification, while video generation demands even greater resources.
Efficiency improvements alone are unlikely to offset these rising demands. The report points to the so-called rebound effect, in which lower costs and improved performance drive higher usage, ultimately increasing total resource consumption.”
Tech companies can’t keep up with the massive power demands. This has led to previously retired coal plants having their lifespans dragged out, with some corporations even building on-site gas/methane plants to meet business and public demand.
At the moment, the data centres lead to 180 million tonnes of CO₂ each year (enough to rank as the 11th most wasteful nation in the world, if viewed as a country). That’s going to go up a lot over the next five years.
The good news in all of this? Your least favourite junk food joint down the road can print off some AI fliers with vomit-inducing effects. Hurray for market efficiency.
#AI #ArtificialIntelligence #Business #Capitalism #class #EMployment #essay #Lifestyle #Polemic #Politics #uselessClass #Work #YuvalNoahHarari
Question: can you use surveillance #capitalism for good? I mean - if there are already all these add broker networks why not just tap into tem for good?
Publish how many elected officials are scrolling instagram instead of work?
Publish which events are boring because people are on their phones
Publish which restaurants and pubs are actually open because people are scrolling from there
Publish which seminaries have top active grindr accounts
To either destroy or employ #surveillance capitalism
To those saying that AI is just a tool:
Sure, it's just a tool, but who's selling you this tool?
A bunch of greedy tech bros that don't pay taxes.
While you have to struggle every single day at work for fear of being kicked out on the street right before Chistmas, these AI assholes are living it up, buying luxury bunkers to avoid the fallout they're creating with their AI data centres.
#BanAI #AISlop #BanDataCenters #BigTech #CorporateGreed #Capitalism #MassLayoffs #ResetSociety #Socialism #BeTheChange #LocalEconomy #Descentralisation #ProtectNature #SaveThePlanet
But if a #king doesn’t accept a prime minister’s #resignation, doesn’t that mean the citizens are subjects? There are plenty of kings in Europe, and they tell us they don’t really have any power,seems pretty clear to me; they use others as lightning rods. We’re unwitting subjects, convinced we get to decide.🤷♂️ #democracy #elite #capitalism #Europe #kingdom
Yeah, Spotify is for its owners, not for artists or songwriters.
For more on Spotify: https://garden.pivic.com/companies/spotify/
A great book about Spotify: https://reviews.pivic.com/liz-pelly-mood-machine
The video is by leo.taps on Instagram.
Companies should have a maximum profit margin limit or be investigated for wage theft, exploitation, and unjust employment practices and fined severely to actually compensate, restore, and prevent it happening again. If it happens again, the business becomes an employee owned cooperative. Period.
4/4
#monopoly #greed #profit #capitalism #justice #corruption #power
Serbian anarchists: Student List “perfectly in line” with neoliberalism – 🏴 Anarchist Federation
https://www.anarchistfederation.net/serbian-anarchists-student-list-perfectly-in-line-with-neoliberalism/#/
'The appointment of non-politicians to parliament is one of the main talking points of the Student List. There were over 160 candidates with PhDs on the list, which was highlighted as a key reason why the new government should be “better” than the old one in which it turned out that even some ministers had fake PhD diplomas. The Student List basically has a technocratic structure and by what we’ve seen so far, it aims to create a “government of experts” which is perfectly in line with the dominant neoliberal ideology that convinces us that the society will be better as a whole if we have experts leading the government.
For us as anarchists, this of course is a fairy tale because we know how technocratic governments ended in countries like Italy and Greece in the last 10-15 years, where they simply ushered in the most brutal neoliberal reforms, bringing down the life standard of the working class even more than their predecessors. And this is actually one of the key elements that show us there probably won’t be much improvement in the working class’s life standard.'
After increasing prices tenfold on all hardware-related products, from game consoles to PC components, Big Tech is now pushing predatory subscriptions for its cloud and AI 💩
They want people to pay in perpetuity without owning a single thing.
#BigTech #BigCorpo #CorporateGreed #Capitalism
#RAMpocalypse #MassLayoffs #ResetSociety #BeTheChange #Socialism #LocalEconomy #Descentralisation
"
Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit.
" https://en.wikipedia.org/wiki/Capitalism
"
an economic system characterized by private or corporate ownership of capital goods
"
https://www.merriam-webster.com/dictionary/capitalism
"
an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations
"
https://www.dictionary.com/browse/capitalism
In each of these 3 definitions we see that capitalism is about a capital investment in the means of production, hence capitalists make money from from owning the means of production, as you scoffed at
Palantir harvests battlefield data that Ukraine pays for ‘with blood’ | Technology News | Al Jazeera
https://www.aljazeera.com/news/2026/11/5/palantir-mines-battlefield-intelligence-but-is-ukraine-paying-with-blood
"Yet observers say the data is also boosting the capabilities of the United States corporation whose technologies are implicated in human rights abuses, including in Israel’s genocide in Gaza, raising questions about the growing leverage that private tech corporations are acquiring over sovereign states."
Ser "lo único que tracciona", ¿alcanzará para extender la burbuja?
#ia #ai #bubble #burbuja #capitalism #capitalismo #usa #eeuu #china
