#profit — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #profit, aggregated by home.social.
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@IndyMediaAus
Private Healthcare Providers are simply #Leeches and #Unethical ones at that.That is not to say that the health workers they employ share the same social guilt. I’d wager most workers do in fact care for patients unlike their #Grifting corporate employers and the #Usurious #Insurance companies.
Making a #Living from providing healthcare services is socially responsible.
Making a #Profit from healthcare is #Inhuman.
#StateTheft #StateCapture #AusPol
Ban #ForProfit Health Insurance
Beef up #NotForProfit Health Insurance regulations
Boost #Medicare (also include #Dental cover) for a comprehensive public healthcare system./end-of-rant/
#AusPol -
@IndyMediaAus
Private Healthcare Providers are simply #Leeches and #Unethical ones at that.That is not to say that the health workers they employ share the same social guilt. I’d wager most workers do in fact care for patients unlike their #Grifting corporate employers and the #Usurious #Insurance companies.
Making a #Living from providing healthcare services is socially responsible.
Making a #Profit from healthcare is #Inhuman.
#StateTheft #StateCapture #AusPol
Ban #ForProfit Health Insurance
Beef up #NotForProfit Health Insurance regulations
Boost #Medicare (also include #Dental cover) for a comprehensive public healthcare system./end-of-rant/
#AusPol -
@IndyMediaAus
Private Healthcare Providers are simply #Leeches and #Unethical ones at that.That is not to say that the health workers they employ share the same social guilt. I’d wager most workers do in fact care for patients unlike their #Grifting corporate employers and the #Usurious #Insurance companies.
Making a #Living from providing healthcare services is socially responsible.
Making a #Profit from healthcare is #Inhuman.
#StateTheft #StateCapture #AusPol
Ban #ForProfit Health Insurance
Beef up #NotForProfit Health Insurance regulations
Boost #Medicare (also include #Dental cover) for a comprehensive public healthcare system./end-of-rant/
#AusPol -
@IndyMediaAus
Private Healthcare Providers are simply #Leeches and #Unethical ones at that.That is not to say that the health workers they employ share the same social guilt. I’d wager most workers do in fact care for patients unlike their #Grifting corporate employers and the #Usurious #Insurance companies.
Making a #Living from providing healthcare services is socially responsible.
Making a #Profit from healthcare is #Inhuman.
#StateTheft #StateCapture #AusPol
Ban #ForProfit Health Insurance
Beef up #NotForProfit Health Insurance regulations
Boost #Medicare (also include #Dental cover) for a comprehensive public healthcare system./end-of-rant/
#AusPol -
@IndyMediaAus
Private Healthcare Providers are simply #Leeches and #Unethical ones at that.That is not to say that the health workers they employ share the same social guilt. I’d wager most workers do in fact care for patients unlike their #Grifting corporate employers and the #Usurious #Insurance companies.
Making a #Living from providing healthcare services is socially responsible.
Making a #Profit from healthcare is #Inhuman.
#StateTheft #StateCapture #AusPol
Ban #ForProfit Health Insurance
Beef up #NotForProfit Health Insurance regulations
Boost #Medicare (also include #Dental cover) for a comprehensive public healthcare system./end-of-rant/
#AusPol -
Xbox Cloud Gaming's new hourly cap is reportedly set exactly where Microsoft stops making money on it
https://fed.brid.gy/r/https://www.eurogamer.net/xbox-cloud-gaming-hourly-cap-break-even-point
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Who Benefits from a Strong Forint? https://www.byteseu.com/2338537/ #advantage #benefit #EconomicActors #economy #euro #ExchangeRate #export #ExportProfitability #forint #Hungary #import #industry #Inflation #InflationaryGain #profit #public #SovereignDebtMarkets #Stability #strengthening #StrongForint
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Who Benefits from a Strong Forint?
The following is an adapted version of an article written by Gábor Kutasi, director of the Economy and…
#Hungary #HU #Europe #Europa #EU #advantage #benefit #economicactors #Economy #Euro #ExchangeRate #export #exportprofitability #forint #hír #hungary #Import #industry #Inflation #inflationarygain #Magyarország #Profit #public #sovereigndebtmarkets #stability #Strengthening #strongforint
https://www.europesays.com/3234203/ -
@IanStuart cool thst you have a #heart and take action... Most people will not understand, try again with a poster that shows what #us #weapons do to families, #rheinmetall and other #eu companies are no better, they #profit from #death and #fear and #trump and #putin makes #eu give them even more #money until the #ww3 #powderkek #explosion #surreal #protesters #germany glue themselves to ground to block entrance of #rheinmetall #factory #bonn over #weapon #delivery https://fed.brid.gy/r/https://bsky.app/profile/did:plc:2cte4wipyk47qjujtxrskqcx/post/3muawpmpg4s2g
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#Iran #Krieg #Profit #Rüstung #Kapitalismus
Krieg ist urkapitalistisch. Eine kleine Gruppe von Investoren in Rüstung profitieren massiv, daher lohnt sich das Geschäft, denn die entstehenden Schäden an Mensch, Unwelt und Klima trägt wie immer nicht der Profiteur, sondern die Bevölkerung.
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Linux wird 35
Ökonomie der kostenfreien Dinge
Mehr dazu bei https://www.jungewelt.de/artikel/528907.software-happy-birthday-tux.html
a-fsa.de/d/3Ru
Link zu dieser Seite: https://www.a-fsa.de/de/articles/9635-20260826-linux-wird-35.html
Link im Tor-Netzwerk: http://a6pdp5vmmw4zm5tifrc3qo2pyz7mvnk4zzimpesnckvzinubzmioddad.onion/de/articles/9635-20260826-linux-wird-35.html
Tags: #Linux #GNU #Geburtstag #LinusTorvalds #freieSoftware #Ubuntu #Menschlichkeit #Produktion #Besitz #Profit #BigTech #AI #KI #Copyleft #Lizenz #Gemeineigentum #Pinguin #SchweizerTaschenmesser #anpassbar -
The man who loves gold will not be reckoned virtuous,
the man who chases after profit will be caught out by it.
Many have gone to their ruin for the sake of gold,
though their destruction stared them in the face;
it is a snare for those who sacrifice to it,
and every fool will be caught in it.
Ὁ ἀγαπῶν χρυσίον οὐ δικαιωθήσεται,
καὶ ὁ διώκων διάφορα ἐν αὐτοῖς πλανηθήσεται.
πολλοὶ ἐδόθησαν εἰς πτῶμα χάριν χρυσίου,
καὶ ἐγενήθη ἡ ἀπώλεια αὐτῶν κατὰ πρόσωπον αὐτῶν.
ξύλον προσκόμματός ἐστιν τοῖς ἐνθουσιάζουσιν αὐτῷ,
καὶ πᾶς ἄφρων ἁλώσεται ἐν αὐτῷ.The Bible (The Old Testament) (14th - 2nd C BC) Judeo-Christian sacred scripture [Tanakh, Hebrew Bible], incl. the Apocrypha (Deuterocanonicals)
Book 22b. Sirach (Ecclesiasticus) 31: 5ff (Sir 31:5–7) [tr. JB (1966)]More about (and translations of) this quote: wist.info/bible-ot/85631/
#quote #quotes #quotation #qotd #bible #sirach #ecclesiasticus #oldtestament #apocrypha #septuagint #avarice #corruption #gold #greed #money #profit #riches #wealth
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Weird idea to stop #waste, #fraud, and, #abuse of #taxpayer #money.
If a #corporation's #employees qualify for #government #assistance, the corporation is required to #reimburse the assistance #program for #benefits disbursed, plus an additional percentage to cover the #cost of overhead and collection of money owed.
This would apply to employees working 30+ hours/week or who work any number of hours while holding multiple jobs.
I love my neighbors, but my #tax dollars should not be subsidizing #corporate #profit.
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It's well known by both sides of the spectrum in #politics, that the #US has a de-facto ruling #oligarchy in its tech and financial sectors despite all the democratic claims. An oligarchy able to control the political system, its legislation and the application of justice through their sheer possession of #money. It's control over public #institutions is undisputed... to the extent that, in daily practice, it is bound by no legislation, no intellectual #property. It embodies the very definition and practice of #anarchocapitalism, just not so formally stated as to explicitly reject the rule of #law. Appearances must be kept, but only to a certain extent.
#LatinAmerica has its own, endemic, oligarchy problem too; not coming out of its local tech sector, but from the #drugs dealing, human #trafficking, #smuggling, #prostitution, and murder-by-contract businesses instead. Because that is what they truly are: #businesses... organizations conducting particular forms of #trade, for the sake of personal #profit. Those oligarchs, just like its american counterparts, share the exact same anarchocapitalist view that the law shouldn't restrict the freedom to do business of any sort. Even if that business ends up with a couple of bullets inside the cranium of some 18 year old kid. Accidents can always happen at the job.
The enterprise in itself always had a direct link to organized #crime, not the least because of the identical nature of their entrepreneurial activity. And that, by necessity, means that very similar practices must take place in each. It's truly not surprising that every "fully legally compliant" #enterprise is, behind closed doors, hiding plenty of illegal practices within... from #taxevasion thanks to carefully selected international banks and falsified accounting records, to financial #fraud designed to deceive investors and shareholders.
In certain moments, when this symmetry becomes specially obvious, one side and the other can truly and visibly overlap. This is how a sizable group of american business men made their initial fortunes trafficking alcohol during times of #prohibition, in the 20s and 30s, only to become the established entrepreneurial class of later years. Now, the direct successors of that group of oligarchs are in Silicon Valley at the moment, busy at the task of physically destroying the local and global environment, along with millions of old and out of print books for AI training purposes. The law, as we can imagine, has nothing to say about that.
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It's well known by both sides of the spectrum in #politics, that the #US has a de-facto ruling #oligarchy in its tech and financial sectors despite all the democratic claims. An oligarchy able to control the political system, its legislation and the application of justice through their sheer possession of #money. It's control over public #institutions is undisputed... to the extent that, in daily practice, it is bound by no legislation, no intellectual #property. It embodies the very definition and practice of #anarchocapitalism, just not so formally stated as to explicitly reject the rule of #law. Appearances must be kept, but only to a certain extent.
#LatinAmerica has its own, endemic, oligarchy problem too; not coming out of its local tech sector, but from the #drugs dealing, human #trafficking, #smuggling, #prostitution, and murder-by-contract businesses instead. Because that is what they truly are: #businesses... organizations conducting particular forms of #trade, for the sake of personal #profit. Those oligarchs, just like its american counterparts, share the exact same anarchocapitalist view that the law shouldn't restrict the freedom to do business of any sort. Even if that business ends up with a couple of bullets inside the cranium of some 18 year old kid. Accidents can always happen at the job.
The enterprise in itself always had a direct link to organized #crime, not the least because of the identical nature of their entrepreneurial activity. And that, by necessity, means that very similar practices must take place in each. It's truly not surprising that every "fully legally compliant" #enterprise is, behind closed doors, hiding plenty of illegal practices within... from #taxevasion thanks to carefully selected international banks and falsified accounting records, to financial #fraud designed to deceive investors and shareholders.
In certain moments, when this symmetry becomes specially obvious, one side and the other can truly and visibly overlap. This is how a sizable group of american business men made their initial fortunes trafficking alcohol during times of #prohibition, in the 20s and 30s, only to become the established entrepreneurial class of later years. Now, the direct successors of that group of oligarchs are in Silicon Valley at the moment, busy at the task of physically destroying the local and global environment, along with millions of old and out of print books for AI training purposes. The law, as we can imagine, has nothing to say about that.
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It's well known by both sides of the spectrum in #politics, that the #US has a de-facto ruling #oligarchy in its tech and financial sectors despite all the democratic claims. An oligarchy able to control the political system, its legislation and the application of justice through their sheer possession of #money. It's control over public #institutions is undisputed... to the extent that, in daily practice, it is bound by no legislation, no intellectual #property. It embodies the very definition and practice of #anarchocapitalism, just not so formally stated as to explicitly reject the rule of #law. Appearances must be kept, but only to a certain extent.
#LatinAmerica has its own, endemic, oligarchy problem too; not coming out of its local tech sector, but from the #drugs dealing, human #trafficking, #smuggling, #prostitution, and murder-by-contract businesses instead. Because that is what they truly are: #businesses... organizations conducting particular forms of #trade, for the sake of personal #profit. Those oligarchs, just like its american counterparts, share the exact same anarchocapitalist view that the law shouldn't restrict the freedom to do business of any sort. Even if that business ends up with a couple of bullets inside the cranium of some 18 year old kid. Accidents can always happen at the job.
The enterprise in itself always had a direct link to organized #crime, not the least because of the identical nature of their entrepreneurial activity. And that, by necessity, means that very similar practices must take place in each. It's truly not surprising that every "fully legally compliant" #enterprise is, behind closed doors, hiding plenty of illegal practices within... from #taxevasion thanks to carefully selected international banks and falsified accounting records, to financial #fraud designed to deceive investors and shareholders.
In certain moments, when this symmetry becomes specially obvious, one side and the other can truly and visibly overlap. This is how a sizable group of american business men made their initial fortunes trafficking alcohol during times of #prohibition, in the 20s and 30s, only to become the established entrepreneurial class of later years. Now, the direct successors of that group of oligarchs are in Silicon Valley at the moment, busy at the task of physically destroying the local and global environment, along with millions of old and out of print books for AI training purposes. The law, as we can imagine, has nothing to say about that.
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It's well known by both sides of the spectrum in #politics, that the #US has a de-facto ruling #oligarchy in its tech and financial sectors despite all the democratic claims. An oligarchy able to control the political system, its legislation and the application of justice through their sheer possession of #money. It's control over public #institutions is undisputed... to the extent that, in daily practice, it is bound by no legislation, no intellectual #property. It embodies the very definition and practice of #anarchocapitalism, just not so formally stated as to explicitly reject the rule of #law. Appearances must be kept, but only to a certain extent.
#LatinAmerica has its own, endemic, oligarchy problem too; not coming out of its local tech sector, but from the #drugs dealing, human #trafficking, #smuggling, #prostitution, and murder-by-contract businesses instead. Because that is what they truly are: #businesses... organizations conducting particular forms of #trade, for the sake of personal #profit. Those oligarchs, just like its american counterparts, share the exact same anarchocapitalist view that the law shouldn't restrict the freedom to do business of any sort. Even if that business ends up with a couple of bullets inside the cranium of some 18 year old kid. Accidents can always happen at the job.
The enterprise in itself always had a direct link to organized #crime, not the least because of the identical nature of their entrepreneurial activity. And that, by necessity, means that very similar practices must take place in each. It's truly not surprising that every "fully legally compliant" #enterprise is, behind closed doors, hiding plenty of illegal practices within... from #taxevasion thanks to carefully selected international banks and falsified accounting records, to financial #fraud designed to deceive investors and shareholders.
In certain moments, when this symmetry becomes specially obvious, one side and the other can truly and visibly overlap. This is how a sizable group of american business men made their initial fortunes trafficking alcohol during times of #prohibition, in the 20s and 30s, only to become the established entrepreneurial class of later years. Now, the direct successors of that group of oligarchs are in Silicon Valley at the moment, busy at the task of physically destroying the local and global environment, along with millions of old and out of print books for AI training purposes. The law, as we can imagine, has nothing to say about that.
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It's well known by both sides of the spectrum in #politics, that the #US has a de-facto ruling #oligarchy in its tech and financial sectors despite all the democratic claims. An oligarchy able to control the political system, its legislation and the application of justice through their sheer possession of #money. It's control over public #institutions is undisputed... to the extent that, in daily practice, it is bound by no legislation, no intellectual #property. It embodies the very definition and practice of #anarchocapitalism, just not so formally stated as to explicitly reject the rule of #law. Appearances must be kept, but only to a certain extent.
#LatinAmerica has its own, endemic, oligarchy problem too; not coming out of its local tech sector, but from the #drugs dealing, human #trafficking, #smuggling, #prostitution, and murder-by-contract businesses instead. Because that is what they truly are: #businesses... organizations conducting particular forms of #trade, for the sake of personal #profit. Those oligarchs, just like its american counterparts, share the exact same anarchocapitalist view that the law shouldn't restrict the freedom to do business of any sort. Even if that business ends up with a couple of bullets inside the cranium of some 18 year old kid. Accidents can always happen at the job.
The enterprise in itself always had a direct link to organized #crime, not the least because of the identical nature of their entrepreneurial activity. And that, by necessity, means that very similar practices must take place in each. It's truly not surprising that every "fully legally compliant" #enterprise is, behind closed doors, hiding plenty of illegal practices within... from #taxevasion thanks to carefully selected international banks and falsified accounting records, to financial #fraud designed to deceive investors and shareholders.
In certain moments, when this symmetry becomes specially obvious, one side and the other can truly and visibly overlap. This is how a sizable group of american business men made their initial fortunes trafficking alcohol during times of #prohibition, in the 20s and 30s, only to become the established entrepreneurial class of later years. Now, the direct successors of that group of oligarchs are in Silicon Valley at the moment, busy at the task of physically destroying the local and global environment, along with millions of old and out of print books for AI training purposes. The law, as we can imagine, has nothing to say about that.
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Siehe auch:
"Für den VKU steht außer Frage, dass die öffentliche Wasserversorgung Vorrang vor anderen Nutzungen haben muss. "Das wertvolle Tiefengrundwasser muss für künftige Generationen und als Notreserve der öffentlichen Wasserversorgung bewahrt werden", betont der Verband. Ihm zufolge sollte ein Unternehmen nur Wasser fördern dürfen, wenn klar ist, dass die öffentliche Versorgung dadurch langfristig nicht gefährdet ist."
https://www.t-online.de/heim-garten/aktuelles/id_101383398/trockenheit-in-deutschland-konzerne-pumpen-grundwasser-beinahe-gratis-ab.html#Wasser #wasserknappheit #Klimakrise #Fossilismus #Hitzekrise #Wasserkrise #Grundwasser #Deutschland #Konzerne #Profit #Überreichtum #foodwatch
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...listiges Bergvölkchen 😜
#CH #Solidarität #Politik #Besitz #Bodenbesitz #Privatomanie #Geiz #Profit #Graubünden #KantonGraubünden #Brienz #Vazerol
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Indem auch in Deutschland das Gemeingut Grundwasser von wenigen Konzernen billig „privatisiert“ und teuer weiterverkauft wird, trägt auch hier der Konzern-Fossilismus zu Überreichtum weniger & der Not vieler bei.
„Während die Flüsse austrocknen und die Grundwasserspiegel sinken, zapfen Konzerne Grundwasser oft fast kostenlos an. Ein Streit um eine der wertvollsten Ressourcen der Welt.“ (2/2)
#Wasser #Klimakrise #Fossilismus #Hitzekrise #Wasserkrise #Grundwasser #Deutschland #Konzerne #Profit #Überreichtum #Not
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"Meta stellt Profit über die Sicherheit von Kindern
Im kalifornischen Oakland beginnt heute ein Social-Media-Prozess gegen Meta. Vier Bundesstaaten werfen dem Konzern vor, Minderjährige mit Instagram und Facebook abhängig und psychisch krank zu machen."
https://www.tagesschau.de/ausland/amerika/meta-klage-social-media-100.html
#meta #kalifornien #jura #Kinder #gericht #profit #prozess #jugendschutz #sucht #instagram #facebook #psyche #krankheit #Gesundheit
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#ClimateGenn #NickBreeze #government #industry #lobby #insurance #realestate #economy #business #profit #politics #science #climaterisk #infrastructure
#SSP5MANDATORY VIEWING! 👇👇👇
#GenevieveWalker on why the governments do not take #climateaction
#climate #ClimateScience #climatechange #ClimateEmergency #ClimateCrisis #ClimateDisruption #globalWarming #globalHeating #ExtremeWeather #polycrisis
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Rheinmetall im Roten Wedding – Nachbarn wehren sich
https://www.youtube.com/watch?v=7HzD1LMdVE8
#GabyWeber, #video, #dokumentation, #blackrock, #rheinmetall, #berlin, #wedding, #fabrik, #waffen, #zeitenwende, #militarisierung, #aufrüstung, #kriegswirtschaft, #kriegsgewinner, #kriegsverbrechen, #profit, #bundeswehr, #jugend, #perspektivlosigkeit, #kritiklos, #medien, #protest, #repressionen, #haftbefehl, #kooperationspflicht, #schulen, #offiziere, #uniformen, #propaganda, #bedrohungslage, #israel, #russland, usw.
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Green washing. We have put up with the lies of and the acquiescence of subservient politicians (many on the make) towards fossil fuel companies for far too long.
#FossilFuels #Environment #Profit #ClimateChange #Grift #Monbiot #CarbonCapture #Subsidy
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Dit maakt me blij 😀
Rechtvaardigheid ⚖️
Niet voor niks afscheid van G. genomen [bijna klaar] ✅#machtsmisbruik #google #EU #nieuws #boete #privacy #kapitalisme #winstbejag #service
#usa #news #fine #justice #profit #dominance #agressive #bigtech -
Is Palantir the most ball-breakingly evil, corrupt & ideologically fascist company in the world?
Answers on a postcard!
“Exclusive: How Palantir harvested millions in UK tax breaks”
by Aman Seth and Jade-Ruth Yan in OpenDemocracy
@uk_politics
@UKLabour
@thegreenparty
@ZackPolanski“The controversial tech firm has won at least £670m in UK public contracts in recent years, which have helped to make the country its second-largest market by revenue after the United States, where it is headquartered. Yet despite accounting for 10% of the company’s global revenue last year, its tax payments in the UK amounted to less than 5% of its total global cash tax spend, according to US filings”
https://www.opendemocracy.net/exclusive-how-palantir-harvested-millions-in-uk-tax-breaks/
#Press #SocialMedia #Journalism #UK #Palantir #PalantirUK #Labour #Starmer #McSweeney #Mandelson #Profit #Tax #TaxBreaks #Stocks #PublicSectorContracts #Thiel #Karp
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(11/12) ... ans exact -> microprocesseurs 8000 opérations/seconde (cf 1975) -> secteur informatique se projette dans 10 ans avec potentiel de #profit à trouver (cf 1991) -> augmentation capacité de calcul des ordinateurs permet réduire taille ordinateur -> création des Personal Computer PC -> marché auprès des particuliers/concurrence entreprises = nouvelle ruée ver l'or ravivant mythe du sefl-made-man (cf 1...) autour ...
#year1981 #anthropocene #climat #climate #climatechange #climatecrisis
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Klare Geschäftsgrundlage des #BGH, klare Verhältnisse, was das #Privileg #Eigentum angeht. Es geht ja gar nicht, dass ein Mieter Kapital aus einer Mietwohnung zieht.
#Profite stehen nur #Eigentümern zu. Wo kämen wir denn hin, wenn die #Klassengesellschaft profitmäßig durchlöchert werden würde!
Keine weiteren Fragen (Aussagen), Euer Ehren.
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https://www.europesays.com/ro/70049/ Oraşul Stuttgart din Germania e în prag de faliment, din cauza problemelor de la Mercedes, Porsche, Bosch şi Mahle | PiataAuto.md #Afaceri #Auto #bosch #Business #cauza #companii #faliment #financiare #germania #mahle #mercedes #oras #porsche #prag #probleme #profit #redus #RO #Română #Romania #Romanian #stuttgart #taxe
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Intelligence artificielle
🔴 ChatGPT leur a dit qu'ils étaient spéciaux - leurs familles disent que cela a conduit à une tragédie
https://techcrunch.com/2025/11/23/chatgpt-told-them-they-were-special-their-families-say-it-led-to-tragedy/
#IA #AI #tech #dépendance #maladiementale #santé #aliénation #suicide #ChatGPT #famille #procès #justice #USA #chatbot #agent #Internet #profit #argent -
#EndeGelende #ExtinctionRebellion #widerstand #neuewelt #umwelt #klimakatastrophe #FossileLobby #profit #DakotaPipeline #RWE #Garzweiler #HambacherForst #SeaShepherd #Amazonas #muvuka #DrawDown
Aufgeben ist keine Option!
#Arte #Doku "Widerstand - Eine neue Welt" (1/3)
https://www.youtube.com/watch?v=3w_e7MG7GcA
#klima #klimawandel #klimakollaps #klimaumbruch #wetter #extremwetter #unwetter #Extremniederschlag #hochwasser #hitze #dürre #überschwemmung #klimaschutz #umweltschutz #umwelt #artensterben
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#internet #hatespeech #hassrede #hetze #kommentare #shitstorm #drohungen #socialmedia #twitter #x #instagram #tiktok #youtube #facebook #plattformen #geschäftsmodell #reichtum #profit #gewinn #umsatz #emotionen #algorithmen #algorithmus #feed #wut #empörung #meinungsfreiheit #spaltung #einschüchterung #posts #aggressionen #impulskontrolle #kommunikation #user #werbeeinnahmen #follower #klicks #sprechblasen #cartoon #karikatur
© https://pfohlmann.de/ -
#MenschenkundeStattReligionskunde
#GottlosGluecklich
#Ursache von #Unmenschlichkeit und #Elend ist die #Jahrhunderte alte #Fremdbestimmung durch #außerirdischen #Papa im Himmel zum #Profit und #Vorteil von #Egomanen auf der Erde anstatt durch eigene/s #Wissen, #Vernunft, #Verstand, #Verantwortung und #Selbstbestimmung der #Menschen. -
#nihilisme : Doctrine qui nie la vérité morale, les valeurs collectives communes et la hiérarchie. Développée à la fin 19e siècle par l'intelligentsia russe.
#pharisien : Personne orgueilleuse qui croit incarner la perfection et la vérité et qui est formaliste et hypocrite.
#aporie : Difficulté logique cf paradoxe.
#lampante : impropre à la consommation.
#lucre : Recherche avide du #profit.
#sophisme : raisonnement invalide avec intention de tromper son auditoire.
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@Dianora So, a few thoughts on What Might be Done to correct economic thinking ....
Long and multi-part.
First part here delves more into the general failings / holes in contemporary mainstream orthodox economics.
On pricing behaviours of goods and services under typical market conditions, it's possible to read Adam Smith's chapters on prices (mostly Book I, Ch. V--XI, and Book V, Ch. II) as discussing the prices (or tax revenues) of commodities, labour, capital stock (industrial investments), rents, interest, and assets (silver & gold to Smith). These ... behave differently, and not strictly in the supply/demand model dominant in conventional orthodox economics. As noted above, even Matt Ridley, bless his heart, agrees that market valuation of assets ... behaves poorly.
Much oligarchic wealth occurs not through trade but through asset inflation. That is, it's less that someone achieves obscene wealth by selling goods/services than that the commercial-legal entity which manifests that trade itself appreciates in nominal value. Billionaires don't sit atop heaps of cash but of assets which can be denominated in cash equivalents. (Often with many levels of leverage and indirection both.) Matt Ridley, not someone with whom I generally find agreement, has noted that markets work relatively well for commerce exchange but poorly for assets (from a book, I'd run across this in an IQ2 debate w/ David Runciman and Johan Norberg: https://www.intelligencesquared.com/events/the-new-optimism-with-matt-ridley-johan-norberg-david-runciman-and-laura-kuenssberg/.)
Wages and rents are two other key dynamics in that wages tend to fall to or below subsistence whilst rents tend to rise to claim all surplus beneficial value. The more one is subsidised (e.g., wage supports, rent subsidies) the worse the dynamic becomes, and this is a money-pump from workers to landlords. Tackling this requires both wage and rent-side reforms, e.g., UBI / living wage, and a wealth or land-value tax. Addressing workers' and tenants' rights is another key element, though more of politics/law than economics itself.
(Law and economics are tightly coupled in interesting ways. Hayek's training, f'rex, was in law.)
Business merger & acquisition is a huge hole in the "vote with your wallet" (a/k/a "free-market it harder") retort. That works if businesses are small, limited, and cannot buy out or otherwise crush competition, but fails utterly if in avoiding firm X by patronising firm Y, one finds X buying Y (often strictly because of customer flight, see e.g., Facebook -> Whatsapp or Amazon -> Diapers.com). Buy-and-kill is another failure mode. Both of these require remedies outside the markets, e.g., political, legal, social, or other actions.
Equivocation of wealth and profit, where wealth ("the annual produce and labour of the nation" https://en.wikisource.org/wiki/The_Wealth_of_Nations/Book_II/Chapter_3, which as many have noted means that wealth is a flow rather than a stock), and profit in the accounting sense (direct monetary revenues less direct monetary costs) is one of the more gaping holes in conventional economic argument. I've done some root-searching on that and find that much of the source seems to be in the cost accounting of Alexander Hamilton Church (and yes, related to that A.H.), which serves as the basis for modern accounting practice. Leo Tolstoy's What Shall We Do (a title invoked by Lenin's later book) has some interesting discussions on this.
"Wealth, as Mr Hobbes says, is power" is Smith's pithiest observation in all of WoN: The fact that economic and/or financial wealth translates to political and social power has profound impacts, and alone explains a huge part of the failings of US right-libertarian theology following from Hayek, von Mises, Rotthbard, and Nozick.
"Resistances to the Adoption of Technological Innovations" (Bernard Stern, 1937) discusses one dimension of this in the resistances of established powers (economic/commercial and others) to technological innovations: https://archive.org/details/technologicaltre1937unitrich/page/39 https://rentry.co/szi3g. I cannot recommend it highly enough.
Value's equivocation as "market price" in contemporary discussion is another failing. I see "value" actually being three distinct elements, any of which may fail to reflect underlying reality: real cost (all necessary inputs, labour, capital, time, natural resources, effluent sinks, unwanted/unintended consequences), exchange value (price), and use value. In practice, C <= P <= UV, that is, the exchange value lies somewhere between cost and use value, though in extreme circumstances that can be violated. In particular, extractive resources tend to have P < C, that is, the price is below the total cost, especially the time-based replenishment cost, of the resource; labour wages tend to fall to subsistence, rents tend to rise to subsume all use value, asset prices ... are strange (I've not sorted my thinking on this), interest rates seem to be a mix of market and central bank effects, and public goods (in the economic definition) are those for which market prices fall well below marginal cost and use-value, and are underprovisioned absent specific subsidy, with lighthouses, education, roads, infrastructure, information, and communications being classic exemplars.
Incidentally, the whole notion of a market exchange economy fundamentally relies on the underpricing of essnetial inputs (food, energy, raw materials, labour) with excess value being extracted at further levels of economic activity (manufacture, commerce, transport, finance, management, etc.) This is the revelation of Quesnay's Tableau Économique and further explorations of tiers of economic activity (Clark & Kennessey particularly). Typical categorisation:
- Primary Activities: Agriculture, forestry and fishing; Mining
- Secondary Activities: Construction; Manufacturing
- Tertiary Activities: Transportation, electric, gas and sanitary services; Wholesale trade; Retail trade
- Quatenary Activities: Finance, insurance, and real estate; Services; Public administration
More: https://news.ycombinator.com/item?id=37414034 and https://web.archive.org/web/20230612141005/https://old.reddit.com/r/dredmorbius/comments/74dm5o/seeking_research_on_inclusive_measures_of/.
Essentially, markets fail in establishing pricing in many ways, though how these might be addressed is challenging.
I'll note that I differ with Marx in attributing all value generation to labour, though that's often a significant component.
Risk is a whole 'nother case, and I'll point out that the "FIRE" sector of finance, insurance, and real estate all have a central focus on evaluating pricing risk of a portfolio against income streams (interest payments, premium payments, mortgage payments), with a linkage that's been noted to at least the 19th century if not before. Banks and insurance are the exceptions to Smith's general strong disdain for stock corporations, though an argument can be made for socialisation of these. Many government functions fall into provision of both public goods and security services (defence, health, major catastrophe), in which markets flagrantly fail. Robert K. Merton (overt/covert functions, unintended consequences) and Charles Perrow's work illuminates much here.
Understanding of GNP/GDP is greatly assisted if it's thought of not as a way to manage and measure total economic wealth (Smithian definition), but as a monetary metric born of an age when central banking was just finding its feet. Tuning the overall money supply appropriately is necessary, but not sufficient, and was a huge obstacle to resolving the Great Depression (1929--1939).
It's not the only problem which can occur, for which a classic 1945 paper on the economy of a WWII PoW camp remains an excellent if simplified exploration: https://www.jstor.org/stable/2550133. Kate Raworth's Donut Economics and numerous GDP modifications and alternatives (see: https://en.wikipedia.org/wiki/Gross_domestic_product#Proposals_to_overcome_GDP_limitations) improve on this. Simon Kuznets, GNP's creator, was well aware of its limitations, though his cautions are not only largely ignored, but difficult to find online at all (he has extensive writings, they ... are not digitised last I invested significant time in searching for them).
Thermodynamics and economics is another tremendous failing. The work of Nicholas Georgescu-Roegen, R.U. Ayres, and more recently Steve Keene (working with Ayres) in describing how the production function is explained not merely by labour + capital, but labour, capital, and energy is so flagrantly obvious that rejection by the orthodoxy is both a manifestation of mental illness and a crime against humanity and the entire ecosphere. It ties strongly into the "wealth is power" dynamic above, as well as the distortionary effects of wealth on information, media, ideology, and scientific understanding. That last is a major component of Naomi Oreskes's work (Merchants of Doubt, The Big Myth). For the role of energy in civilisation, Vaclav Smil's Energy and Civilization and Energy and World History, and Manfred Weissenbacher's Sources of Power are huge eye-openers. So, somewhat ironically, is Daniel Yergin's The Prize. He's an unabashed apologist for the petroleum industry, but his history does reveal its awesome transformational influence.
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#economics #orthodoxEconomics #critique #monopoly #oligopoly #wealth #profit #value #prices #wages #WagePrice #rents #AssetValuation #AdamSmith #prices #risk #FireSector #finance #insurance #RealEstate #tootstorm
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(1/5) Das Internet fördert eine #Ausbeutungswirtschaft, bei der viele Menschen wertvolle Dinge erarbeiten und der daraus resultierende #Reichtum aber kaum der #Gesellschaft, sondern nur einigen wenigen Unternehmen zugute kommt.
Mit den #KI-Systemen hat sich der Prozess weiter beschleunigt.
Die Arbeit von #Kreativen wird zum #Trainieren der Systeme genutzt, doch den #Profit haben sie nicht davon. -
Blog: Voices of #Decolonization
#FirstNations chiefs shouldn’t be duped by the ‘#nuclear-is-green' deception
by William Eric Altvater, February 6, 2025
"Some First Nation Chiefs are victims of shenanigans, not unlike the swindle behind the purchase of Manhattan. The federal government needs the support of #Indigenous peoples to expand nuclear power generation capacity in #Canada.
"For millennia, the cornerstones of the Indigenous people that inhabit Turtle Island, now known as North America, held all that is essential to life, in reverence. Every decision considered the next 7 generations. These cornerstones are crumbling.
"Newcomers, armed with the #Colonizing tool, 'The #DoctrineOfDiscovery' and their mentality of superiority, invaded the land of those they called 'Savages,' almost totally exterminating #Skicinuwok, People of The Earth.
"Determined to bestow Christianity and civility to this wild untamed population, old growth forests were cut, rivers and streams were dammed to power sawmills, roads and railroads were built, bridges erected. All to create an infrastructure for #capitalism, a system to make a #profit, that morphed into #greed, a word of foreign root. This unbridled desire for progress has ruined what was once called Paradise.
"Now most water is not fit to drink, clean air is scarce, #deforestation is rampant, #biodiversity loss out of control, plants genetically modified, food manufactured with unpronounceable chemicals, caged fish starved of oxygen while being fed chicken feathers and pig parts, cancer cases in the millions, the list goes on.
"As the population increased over this continent the available sources for power generation have not been able to satisfy the insatiable desires of the 'bigger, better, faster, more is never enough' mentality. Some have finally acknowledged the fact that #FossilFuels are not the golden egg they were once deemed to be.
"So-called '#GreenEnergy' is required to slow the blind drive to extinction of man; man, who is considered by some to be the most intelligent creature to ever roam Earth. Unfortunately, the lure of riches and the corruption of self-serving purposes have led man to stray from practices that nurture everything required to sustain life on this tiny blue marble floating through the universe.
"#NuclearPower is now being touted as being 'Green.' It is not. Big money corporations are lobbying legislators to convince them and the public that it is. They are also lobbying to convince the public that they should foot the bill in the form of taxes and rate hikes, for a process that pollutes from the day it starts. Water is life. As soon as #uranium is mined from the earth it begins to contaminate the water in surrounding aquifers.
"When the uranium is processed sufficiently, it is used as fuel for reactors where it generates heat while delivering electricity, not just for essential needs, but also for many things once considered luxuries. This fission generated heat is then dumped into nearby waters where it kills thousands, if not millions of small beings that form the basis of life itself.
"After this radioactive fuel is depleted, it is stored in various containers where it will stay radioactive for eons. Indigenous #Grandmothers have labelled it 'Forever Dangerous.'
"The power generated during the fission process benefits only those who exist today as the process occurs, not those born tomorrow or next week or next month. All the #RadioactiveWaste and the inherent danger it creates is left to future generations, kicking the can down the road.
"What better place to dump this waste than in an area with a population that has witnessed Newcomers enrich themselves for hundreds of years? Yes, what better place than a population that has been targeted for assimilation, suffered theft of lands, witnessed the taking of naturally bestowed rights? A population that has been subjected to racial Indian Act legislation essentially stripping away all that sustained this population for thousands of years.
"Yes, let us give the Indians some more shiny beads and trinkets so that they willingly agree to care for our radioactive garbage. How do we do this? Let’s talk to the Chief and Council. Let’s wine and dine them. Let’s give them some money, take them to dinner, buy some drinks and make them feel all festive and most of all make them think we are looking out for their best interests. Some Chiefs have taken the bait.
"Egregious as it may be, this is exactly what is happening in some Indigenous communities contrary to the will of the majority. Elected Chiefs are continuing the deception as they are blinded and professing the 'Nuclear is Green' mantra. They have lost connection with the Spirit of Ancestors and traditional values. They need to have a serious introspection and realize that looking forward, we need only look back at what has sustained us to this point in time. We need not do any more than that."
Eric lives in #PeskotomuhkatiNation territory in Maine and stands shoulder to shoulder with his Peskotomuhkati relations in #NewBrunswick in the struggle to achieve Canadian Government recognition.
https://www.wabanakireach.org/first_nations_chiefs_shouldn_t_be_duped_by_the_nuclear_is_green_deception_by_william_altvater
#NoNukes #NoNewNukes #WaterIsLife #AirIsLife #UraniumMining #UraniumMilling #LeaveItInTheGround #Greenwashing #NuclearIsNotCarbonFree #NuclearIsNotGreen #CanadaPol #NuclearWaste #NuclearIndustry #TEPCOLies #HoltecLies #NuclearColonialism -
Top Polymarket whale profits $20M from Trump victory - The five largest Trump bettors could stand to win a combined $81 million... - https://cointelegraph.com/news/top-polymarket-whale-profits-20-m-trump-victory #presidentialelections #polymarketwhale #bettingmarket #trumpvictory #polymarket #profit #trump
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Canon’s Camera Sales Are ‘Solid’ Globally But Are Very Poor in Japan https://petapixel.com/2024/07/25/canons-camera-sales-are-solid-globally-but-are-very-poor-in-japan/ #camerasales #canonjapan #financials #Industry #canonusa #profit #Canon #sales #News #2024 #q2
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Crypto bank Sygnum posts profit after doubling crypto trading volumes - Signum Bank says it's now eyeing further expansion into the European mar... - https://cointelegraph.com/news/crypto-bank-sygnum-reaches-profitability-amid-trading-volume-spike #staking-as-a-service #cryptocurrencybank #derivativetrading #martinburgherr #tradingvolume #spottrading #sygnumbank #profit #loan
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CW: 📰 FN-rapportør i frontalangreb på væksten
> »Vores blinde tro på økonomisk vækst er en spændetrøje for vores forestillingsevne, og kampen mod fattigdom har lidt tungt som følge deraf.«
> »Vækst er en distraktion fra det, der virkelig betyder noget, nemlig udryddelse af fattigdom og trivsel for alle,« [siger Olivier De Schutter, FN’s specialrapportør].
Læs selv hele artiklen (læsetid: 9 min.):
🎁 https://www.information.dk/udland/2024/07/fn-rapportoer-frontalangreb-paa-vaeksten?kupon=eyJpYXQiOjE3MjA3Njk1NjYsInN1YiI6IjE3NDE4MTo4MjI1MTkifQ.ZwCpS2U37j5tCP5-g9pATg (gavelink: artiklen kan læses uden abonnement)
#BNP
#cirkulærØkonomi
#CO₂
#demokrati
#EradicatingPoverty
#EradicatingPovertyBeyondGrowth
#erhvervsskat
#fattigdom
#fattigdomsbekæmpelse
#FN
#fælleseje
#GrænserForVækst
#grønVækst
#investeringsklima
#IPCC
#kapitalisme
#klimamål
#klimapanel
#kliomakollaps
#Latipak
#menneskerettigheder
#miljøbelastning
#naturressourcer
#OlivierDeSchutter
#overproduktion
#Parisaftalen
#postkolonialisme
#profit
#ressourceeffektivitet
#rigdom
#topmøde
#trivselsmål
#udvikling
#UN
#velfærd
#velfærdsservice
#vækst
#vækstmani -
Bitcoin miner TeraWulf is open to merger but not for ‘empire building’ - Expanding the number of Bitcoin machines or facilities “makes no sense” ... - https://cointelegraph.com/news/bitcoin-miner-terawulf-open-to-merger-not-empire-building #highperformancecomputing #riotplatforms #kerrilanglais #profitmargins #acquisition #terawulf #bitfarms #cashflow #m&a #merger #profit #ebitda #ai
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Fantastic. Inspirational, that MD introduced a bill to make this easier. Cautionary, that insurance companies haven't heard of these. GOOD NEWS STORY will send you into the weekend w/ a smile.
#vacant #property #abandoned #houses #refurbished #rented to #employees #recovering #drug #addicts #alcoholics #wood #working #carpenters #electricians #now #non #profit #worker #owned #business #waterbottle #cooperative #baltimore #social #enterprise #democratic #business #system https://www.thebaltimorebanner.com/community/housing/baltimore-vacants-waterbottle-co-op-GMLSZKTVKFG43NMT25UFPKZLGU/ -
#CareGivers are #EssentialWorkers & I beg you to consider how these & other #HealthCareWorkers #RetailWorkers need solidarity & #Unions
So many died unnecessarily during #TFG 🤡 #COVID non-response. I honor their memory as #COVIDMARTYRS
I pray for those our hunger for #profit (Mammon) has taught violence & hate but I pray MORE for those the hate & oppression fall on
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So kam ich unter die #Deutschen. Ich #foderte nicht viel und war #gefasst noch #weniger zu #finden #demutig kam ich, wie der #heimatlose blinde #Oedipus zum #Tore von #athen wo ihn der #Götterhain empfing; und schöne #Seelen ihm begegneten –
further reading
https://www.projekt-gutenberg.org/hoelderl/hyperion/hyper411.html
???
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"@historickomodo submission: “Salvador Allende didn’t die for this shit.”
For newbies playing along at home, this #meme circulates all over the place on #liberal pages, and it’s filled with #contradictory pieces of #ideology. Firstly, one can’t really be a #capitalist and a #socialist at the same time – if you support capitalist #ownership over the means of #production, then you support capitalism; if you support #democratic ownership over the means of production, where people have a say in the #institutions and #activities they contribute to, then you support socialism. I don’t know how to make it more succinct than that. Also, #communism is the post-scarcity natural conclusion of socialism, a #stateless/ #moneyless/ #classless #society where #socially-operated #property is held in common and #people “contribute according to their #abilities and receive according to their #needs”; #statelessness is a #fundamental aspect of the ideology, ergo a #totalitarian #government “forcing everybody to be exactly equal” is not communism.
Secondly, channeling government power to curb capitalism’s self-destructive excesses is merely Keynesian #welfare capitalism or Scandinavian social democracy, both of which try to use the state to mitigate structural tension within the parameters of the system (and all-too-often to wither away class consciousness and pushes for actual socialist change).
Thirdly and lastly, “the #economy and society being run democratically to meet #human needs rather than #profit for a #greedy few” is literally socialism. Capitalism by definition will always have a tiny class of owners pulling the #economic and #political strings; as long as they own the means of production and accrue profit off the backs of the #laboring class, they will always, always have disproportionate power in society. Such is the #nature of class relations – throughout history, laboring classes have produced the things society needs while ruling classes have sat and accrued the most #wealth. If labor produces all, why not have a society democratically run by #laborers?"
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Three #Wisconsin #utilities want a rate hike for:
- #TransmissionLines
- more #wind and #solar generation
- new #NetMetersBut
"Content noted that #Alliant energy is trying to have more dollars flow through the side of the company that gets a 10 percent #profit rate, and that Xcel Energy is seeking to increase its profit rate from 10 percent to 10.25 percent through the #RateHikes."#EnergyTransition
https://www.wpr.org/three-wisconsin-utilities-apply-rate-hikes-2024-citing-renewable-energy-construction-costs