#capitalismfail — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #capitalismfail, aggregated by home.social.
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American capitalist who made millions selling his company to a notorious corporation upset to discover that though he now has millions, he doesn't own his former company. #TinyViolin #capitalismfail
https://www.theguardian.com/business/2026/jul/31/ben-jerrys-ice-cream-magnum-boycott
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American capitalist who made millions selling his company to a notorious corporation upset to discover that though he now has millions, he doesn't own his former company. #TinyViolin #capitalismfail
https://www.theguardian.com/business/2026/jul/31/ben-jerrys-ice-cream-magnum-boycott
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The AI boom propping up markets could trigger the next crash, central anks warn
The vast surge of #investment in #AI, which has powered #global #StockMarkets to record highs, #risks ending in a #financial #bust, the Bank for International Settlements warns, as the build-up’s hidden #costs begin to surface in company accounts and #consumer #prices alike.
#crash #EconomicCrash #bubble #inflation #PeopleNotProfits #CapitalismFail (again)
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The AI boom propping up markets could trigger the next crash, central anks warn
The vast surge of #investment in #AI, which has powered #global #StockMarkets to record highs, #risks ending in a #financial #bust, the Bank for International Settlements warns, as the build-up’s hidden #costs begin to surface in company accounts and #consumer #prices alike.
#crash #EconomicCrash #bubble #inflation #PeopleNotProfits #CapitalismFail (again)
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You can’t make billions without hurting people
Wiping out world of work, & our ability to #sustain ourselves & live autonomous lives, is only the beginning, if you listen to #AI’s architects. Elon #Musk has called it the single greatest #threat to #human #civilisation
“AI people claim they’re about to create #God, by teaching words to a #word-guessing programme,” Doctorow says. “It’s grandiose.”
#Orwellian #poverty #PeopleNotProfits #CapitalismFail #CorporateTerrorism
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You can’t make billions without hurting people
Wiping out world of work, & our ability to #sustain ourselves & live autonomous lives, is only the beginning, if you listen to #AI’s architects. Elon #Musk has called it the single greatest #threat to #human #civilisation
“AI people claim they’re about to create #God, by teaching words to a #word-guessing programme,” Doctorow says. “It’s grandiose.”
#Orwellian #poverty #PeopleNotProfits #CapitalismFail #CorporateTerrorism
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Elon Musk’s #trillionaire status is result of broken economic system
The surge to #Musk’s net worth came after he floated #SpaceX on the stock market, but the #Tesla owner’s finances have been growing at a rapid rate since Donald #Trump returned to the Oval Office – a venture that the #Twitter/X owner himself played a large part in financing
#corruption #mafia #USMafia #USThreats #USAggression #greed #CorporateTerrorism #CapitalismFail
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Elon Musk’s #trillionaire status is result of broken economic system
The surge to #Musk’s net worth came after he floated #SpaceX on the stock market, but the #Tesla owner’s finances have been growing at a rapid rate since Donald #Trump returned to the Oval Office – a venture that the #Twitter/X owner himself played a large part in financing
#corruption #mafia #USMafia #USThreats #USAggression #greed #CorporateTerrorism #CapitalismFail
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... distraction from two unpleasant facts
- Food price surge over the summer & beyond is likely to be significant – and will come on top of a near-40% rise in the price of food since 2020
- #Britain’s food system is painfully exposed to such shocks
a) The long-held assumption that a global food system can be relied on to meet the nation’s needs, at a reasonable price, no longer applieshttps://www.theguardian.com/business/2026/may/24/horror-price-caps-fix-broken-food-system-analysis
#greed #CapitalismFail #poverty #hunger
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... distraction from two unpleasant facts
- Food price surge over the summer & beyond is likely to be significant – and will come on top of a near-40% rise in the price of food since 2020
- #Britain’s food system is painfully exposed to such shocks
a) The long-held assumption that a global food system can be relied on to meet the nation’s needs, at a reasonable price, no longer applieshttps://www.theguardian.com/business/2026/may/24/horror-price-caps-fix-broken-food-system-analysis
#greed #CapitalismFail #poverty #hunger
[2/2]
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#CapitalismFail - only delivers profitable goods and services, and undermines development of the critically important products that society really needs! #Corporations #RichPeople #Capitalism is failing us all.
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#CapitalismFail - only delivers profitable goods and services, and undermines development of the critically important products that society really needs! #Corporations #RichPeople #Capitalism is failing us all.
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#UK & #US sunk to new lows in global #corruption index, amid worrying trend of #democratic institutions being eroded by political donations, cash for access, state targeting of #campaigners & #journalists
Experts & businesspeople rated 182 countries based on perception of corruption levels in public sector. Bookended by #Denmark at the top with lowest levels of corruption and South Sudan at the bottom.
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#UK & #US sunk to new lows in global #corruption index, amid worrying trend of #democratic institutions being eroded by political donations, cash for access, state targeting of #campaigners & #journalists
Experts & businesspeople rated 182 countries based on perception of corruption levels in public sector. Bookended by #Denmark at the top with lowest levels of corruption and South Sudan at the bottom.
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Tax the super-rich
Are you done watching #billionaires hoard #wealth and power while the world drowns in growing #inequality and #climate chaos? Add your name today to #TaxTheSuperRich!
https://www.greenpeace.org/international/act/tax-the-super-rich/
#tax #wealthy #poverty #ClimateChange #ClimateEmergency #CapitalismFail
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Tax the super-rich
Are you done watching #billionaires hoard #wealth and power while the world drowns in growing #inequality and #climate chaos? Add your name today to #TaxTheSuperRich!
https://www.greenpeace.org/international/act/tax-the-super-rich/
#tax #wealthy #poverty #ClimateChange #ClimateEmergency #CapitalismFail
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Investigation also reveals previously undisclosed contracts between Palantir & AWE #Nuclear Security Technologies, agency that underpins Britain’s #nuclear deterrence programme
#corruption #USAggression #USThreats #RoyalNavy #UnitedKingdom #VassalState #outsourcing #privacy #Military #CapitalismFail
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Investigation also reveals previously undisclosed contracts between Palantir & AWE #Nuclear Security Technologies, agency that underpins Britain’s #nuclear deterrence programme
#corruption #USAggression #USThreats #RoyalNavy #UnitedKingdom #VassalState #outsourcing #privacy #Military #CapitalismFail
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Number of people in very deep poverty in UK hits record high
Hardship in #UK has worsened, with about 6.8 million people living in "very deep #poverty" — highest level in more than 30 years — a #charity said on Tuesday
Very deep poverty is defined as earning less than 40% of the UK median household #income after #rent. For a couple with two children, this amounts to £16,400 (€18,900) per year or less.
#austerity #ToxicTories #ToxicLabour #CapitalismFail #UnitedKingdom
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Number of people in very deep poverty in UK hits record high
Hardship in #UK has worsened, with about 6.8 million people living in "very deep #poverty" — highest level in more than 30 years — a #charity said on Tuesday
Very deep poverty is defined as earning less than 40% of the UK median household #income after #rent. For a couple with two children, this amounts to £16,400 (€18,900) per year or less.
#austerity #ToxicTories #ToxicLabour #CapitalismFail #UnitedKingdom
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Recent survey of 20k Dutch people found 96% are NOT confused by such terms, which is probably a higher percentage than those who can distinguish left from right. The #consumer must at all costs be protected from an imaginary threat.
https://www.theguardian.com/commentisfree/2025/dec/20/sausage-meat-lobby-europe-plant-based-name
The #livestock lobby is immensely powerful. Its campaigns are reinforced by rightwing influencers, who wage war against a wide variety of plant products. Therein is the problem.
#bribes #lobbying #Corporate #profits #CapitalismFail
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Recent survey of 20k Dutch people found 96% are NOT confused by such terms, which is probably a higher percentage than those who can distinguish left from right. The #consumer must at all costs be protected from an imaginary threat.
https://www.theguardian.com/commentisfree/2025/dec/20/sausage-meat-lobby-europe-plant-based-name
The #livestock lobby is immensely powerful. Its campaigns are reinforced by rightwing influencers, who wage war against a wide variety of plant products. Therein is the problem.
#bribes #lobbying #Corporate #profits #CapitalismFail
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#Scottish ski firm responds to influencer seeking £1700 free holiday
#Ski hire business has been praised after owner shared their response when #influencer tried to get £1700 holiday for #free
Our reply? ‘Sure — let us know when you’re coming and we’ll get everything ready’
“Simple. Friendly. Local business vibes”
The post added: “Then came the invoice. Accommodation – £727, travel – £456, ‘various expenditure” – £500
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#Scottish ski firm responds to influencer seeking £1700 free holiday
#Ski hire business has been praised after owner shared their response when #influencer tried to get £1700 holiday for #free
Our reply? ‘Sure — let us know when you’re coming and we’ll get everything ready’
“Simple. Friendly. Local business vibes”
The post added: “Then came the invoice. Accommodation – £727, travel – £456, ‘various expenditure” – £500
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Bernie Sanders criticizes #AI as most consequential technology in humanity
#BernieSanders amplified criticism of AI, explicitly linking #financial ambition of richest people to economic insecurity for millions
If there are no #jobs, #humans won’t be needed for most things. How do people get money to
- Feed family
- Get healthcare
- Pay the rent?There’s not been one serious word of discussion in the Congress about that #reality
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Bernie Sanders criticizes #AI as most consequential technology in humanity
#BernieSanders amplified criticism of AI, explicitly linking #financial ambition of richest people to economic insecurity for millions
If there are no #jobs, #humans won’t be needed for most things. How do people get money to
- Feed family
- Get healthcare
- Pay the rent?There’s not been one serious word of discussion in the Congress about that #reality
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@crazyeddie @Blashkch @GeePawHill this “locked shopping” experience and store staff bearing the brunt of income equality was actually addressed by our newly elected mayor in an interview discussing quality of life. Recently a large grocery chain store pulled out of a large working class neighborhood because “too much shoplifting.”
#qualityoflife #incomeinequality #Seattle #capitalismfail
https://www.youtube.com/live/Ps626ftcKxg?si=obdkpDSHaNpA0jnT -
@cemedia The guys at this table have been stuffing their sacks with our money and plan soon to depart. Throttling the ICC assures them they won’t be arrested when they leave USA. They will leave behind a wake of destruction and misery while gloating. Look at what they did to the White House, built by slave labor.
#felonstoMars #capitalismfail -
I’m with the EU Greens. Big tech is not our friend.
#capitalismfail -
I’m with the EU Greens. Big tech is not our friend.
#capitalismfail -
#Criminal, #private #parking corporations
Our car was clamped while parked at NET Forest Tram Park-n- Ride in #Nottingham' Fined £140
Prominent signs displayed at entrance state those parking without using tram will be clamped
We used tram to/from city centre
Notice on BACK of sign stated in small print #drivers have to buy ticket on arrival
We appealed citing inadequate signs; rejected
#CapitalismFail #CarParks #privatisation #misinformation #disinformation #scams
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#Criminal, #private #parking corporations
Our car was clamped while parked at NET Forest Tram Park-n- Ride in #Nottingham' Fined £140
Prominent signs displayed at entrance state those parking without using tram will be clamped
We used tram to/from city centre
Notice on BACK of sign stated in small print #drivers have to buy ticket on arrival
We appealed citing inadequate signs; rejected
#CapitalismFail #CarParks #privatisation #misinformation #disinformation #scams
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Ministers signalled imminent crackdown on so-called for-profit #litter enforcement arrangements in #England
Under long-awaited statutory guidance, #councils will end contracts allowing private enforcers to receive between 50% & 100% of each #fine they serve
Govt indicated that it will implement statutory guidance banning fining for profit to “help local authorities to consistently and appropriately exercise these powers”.
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Ministers signalled imminent crackdown on so-called for-profit #litter enforcement arrangements in #England
Under long-awaited statutory guidance, #councils will end contracts allowing private enforcers to receive between 50% & 100% of each #fine they serve
Govt indicated that it will implement statutory guidance banning fining for profit to “help local authorities to consistently and appropriately exercise these powers”.
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#Privatisation: billions from #UK #energy #bills taken in profits
Common Wealth thinktank found 24.2% of energy bill went to profits of electricity generators, networks, household suppliers in 2024
Also revealed: Scale of cash extracted from bill payers since privatisation of #UK’s energy system
Shareholders of #Britain’s #privatised energy corporations took over £70.7bn #payouts between 2010 & 2025, rather than #reinvesting or reducing bills
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#Privatisation: billions from #UK #energy #bills taken in profits
Common Wealth thinktank found 24.2% of energy bill went to profits of electricity generators, networks, household suppliers in 2024
Also revealed: Scale of cash extracted from bill payers since privatisation of #UK’s energy system
Shareholders of #Britain’s #privatised energy corporations took over £70.7bn #payouts between 2010 & 2025, rather than #reinvesting or reducing bills
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Musk turned off #Starlink during #Ukrainian #counteroffensive in Kherson Oblast in 2022
3 sources told Reuters #Musk told senior engineer at #SpaceX to deactivate #satellite coverage in #Kherson which #UkrainianForces were trying to liberate
Over 100 Starlink terminals became dead zones
Ukrainian units lost #communication, #drones stopped transmitting video, artillery couldn't adjust fire due to a lack of coordination
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Musk turned off #Starlink during #Ukrainian #counteroffensive in Kherson Oblast in 2022
3 sources told Reuters #Musk told senior engineer at #SpaceX to deactivate #satellite coverage in #Kherson which #UkrainianForces were trying to liberate
Over 100 Starlink terminals became dead zones
Ukrainian units lost #communication, #drones stopped transmitting video, artillery couldn't adjust fire due to a lack of coordination
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Are fluffy balls at #Wimbledon making the tennis less exciting?
I asked companies & I asked about production of tennis balls. Since #Covid they’ve gotten a lot worse
Reason is because of Covid. Companies cut costs & they’re using different rubber now
They’re using different material for #tennis balls which makes tennis balls between 30% & 60% slower on average compared to what it was before Covid.
https://www.telegraph.co.uk/tennis/2025/07/05/fluffy-balls-at-wimbledon-making-tennis-more-boring/
#sports #Capitalism #greed #CorporateGreed #fail #CapitalismFail
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Are fluffy balls at #Wimbledon making the tennis less exciting?
I asked companies & I asked about production of tennis balls. Since #Covid they’ve gotten a lot worse
Reason is because of Covid. Companies cut costs & they’re using different rubber now
They’re using different material for #tennis balls which makes tennis balls between 30% & 60% slower on average compared to what it was before Covid.
https://www.telegraph.co.uk/tennis/2025/07/05/fluffy-balls-at-wimbledon-making-tennis-more-boring/
#sports #Capitalism #greed #CorporateGreed #fail #CapitalismFail
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Staggering energy bill hike sparks calls for overhaul of market
#NotLabourAsWeKnowIt (Jim)
#Electricity #bills rose by staggering 101% between 2010 & 2024, figures from House of Commons library show
But the rate of inflation over the period was just under 48%
Dave Doogan, the SNP’s #energy spokesperson, pointed out that #Labour had given a “cast-iron guarantee” during the election that they would cut bills by £300.
https://www.thenational.scot/news/24916749.staggering-energy-bill-hike-sparks-calls-overhaul-market/
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Staggering energy bill hike sparks calls for overhaul of market
#NotLabourAsWeKnowIt (Jim)
#Electricity #bills rose by staggering 101% between 2010 & 2024, figures from House of Commons library show
But the rate of inflation over the period was just under 48%
Dave Doogan, the SNP’s #energy spokesperson, pointed out that #Labour had given a “cast-iron guarantee” during the election that they would cut bills by £300.
https://www.thenational.scot/news/24916749.staggering-energy-bill-hike-sparks-calls-overhaul-market/
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Why Billionaires Should Not Exist
An economic system that allows #billionaires #immoral
We're at #obscene #inequality #crisis, where wealth is limited to a powerful few, costing crippling hardship, precarity, & no well-being
When 1 billionaire earns more in 10 seconds than employees make in 1 yr, & workers can't meet basic cost of #rent & #medicine, then yes, every billionaire is a policy failure. Here’s why
https://www.teenvogue.com/story/billionaires-should-not-exist
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What is driving the massive rise in #UK shoplifting?
Asking security #guards when & how the #police get involved - they laugh
Reasons given for shoplifting increase:
“It’s all part of a mentality of feeling like you’re being screwed and that you’re a commodity,”
A tech-industry manager says “corporate mentality” increasing profits, raising prices well above inflation, not caring how it affects people, “has never seemed more prevalent than it is now
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What is driving the massive rise in #UK shoplifting?
Asking security #guards when & how the #police get involved - they laugh
Reasons given for shoplifting increase:
“It’s all part of a mentality of feeling like you’re being screwed and that you’re a commodity,”
A tech-industry manager says “corporate mentality” increasing profits, raising prices well above inflation, not caring how it affects people, “has never seemed more prevalent than it is now
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Donors raise $233,000 to give #US shopping cart pusher, 90, chance at retirement
Dillon #McCormick, an air force veteran, had been supporting himself by pushing #shopping carts in #Louisiana’s triple-digit temperatures
https://www.theguardian.com/us-news/article/2024/jun/01/louisiana-go-fund-me-veteran-cart-pusher
#America #retirement #SocialSecurity #poverty #pension #OAP #WageSlaves #ModernSlavery #Capitalism #CapitalismFail
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Despite promises, Western companies continue Russian operations
Around 1,200 other companies have only curtailed their businesses, while only 387 have fully exited.
Among those that stayed are the #Avon Products, the UK consumer goods manufacturer #Reckitt & the French industrial-gas company Air Liquide
Companies such as #PepsiCo, cited humanitarian concerns as a reason to continue operations in Russia
https://kyivindependent.com/ft-despite-promises-western-companies-continue-russian-operations/
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Of the 351 towns & cities here in Massachusetts, USA, the vast majority get their electricity from 4 big energy distributors — near-monopolistic private utilities. Only 40 are served by municipal governments' electric departments like mine.
Last year, as usual, my town averaged only 1/3 the outages of the private utilities. Any outages that do occur average 3 1/2 times faster repairs.
All for less than half the price the corporations extract.
Free markets, hah!
