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#wealthextraction — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #wealthextraction, aggregated by home.social.

  1. The amount of times I've had to say "country/continent X has always been rich, but it's people have been poor" is too damned high.

    But hey, that's just a theory - a #WealthExtraction theory.

  2. @Saupreiss

    Das können wir jetzt ja im #RealLabor #USA erstmal schön beobachten.

    Deren einziges "Produkt" is ja auch nur noch #WealthExtraction.

    Und *zack* kriegen'se ne #Diktatur. Is fast schon unheimlich nah am Lehrbuch.

  3. "For you, money is a stock, a bucket of dollars* you can carry, and that you try to make sure isn't empty. For the ultra-wealthy, money is a flow, it's just a hose of dollars that you can point at anything that isn't suiting your preferences."
    anildash.com//2024/07/02/money
    #WealthExtraction #psychology #inequality

    *Other currency denominations are available.

  4. They don't care about the Enshittification they create /enable
    - NFT's, crypto
    - AR/VR, Metaverse
    - mass layoffs
    - and now they're jamming shitty ML into everything and claiming that it's #ArtificialIntelligence

    They don't care that much of this useless shit is based on stolen creative works.

    They don't care about the massive amount of #WealthExtraction or #eWaste that these useless pursuits create

    in 2 years, we'll be onto the next useless trend and all this shit will be tossed in a dump

  5. Tanker explosion at Ore in ​​Ondo State of Nigeria

    t.me/Disaster_News/2427

    A gasoline tanker exploded at a filling station on Showboy Road in Ore, Odigbo LGA, Ondo State, killing 15 people, including a pregnant mother. (23.07.2023)

    #oiltanker #explosion #bigoil #nigeria #delta #foreigncorporations #wealthextraction #lalcklustersafety #deaths