I drink your milkshake! a metaphor for capitalism
- Thread starter rickyb
- Start date
1989
Well-Known Member
I love it, I just hate being capped out...then a bonus kicks in.
i was thinking then it gives incentive for the corporations to get rid of senior employees and keep hiring new people.
Wow..who are these idiots that make the policy. im sure it will only get worse. fortunately, america is a big country so at least you can move to a state which is a little more enlightened.
Dennis who? liked
Stephanie KeltonVerified account @StephanieKelton 52m52 minutes ago
Cancel student loan debt.
Philip LewisVerified account @Phil_Lewis_
‘Fall behind on your student loan payments, lose your job. Twenty states suspend people’s professional or driver’s licenses if they fall behind on loan payments’ …
Dennis who? liked
Stephanie KeltonVerified account @StephanieKelton 52m52 minutes agoCancel student loan debt.
Philip LewisVerified account @Phil_Lewis_
‘Fall behind on your student loan payments, lose your job. Twenty states suspend people’s professional or driver’s licenses if they fall behind on loan payments’ …
It will be fine
Well-Known Member
Add this to the new plan of taxing tuition breaks as income and we're on the way to an even lower education rate. USA USA!Wow..who are these idiots that make the policy. im sure it will only get worse. fortunately, america is a big country so at least you can move to a state which is a little more enlightened.
Dennis who? liked
Cancel student loan debt.
Philip LewisVerified account @Phil_Lewis_
‘Fall behind on your student loan payments, lose your job. Twenty states suspend people’s professional or driver’s licenses if they fall behind on loan payments’ …
there was talks of them doing it locally here as well. beyond stupid.
1989
Well-Known Member
I'm not worried. One of me is cheaper than 5 of you.
The experience of numerous third-party vendors on Amazon, however, testifies that their online marketplace is the antithesis of a “free market.” Rather, the company is notorious for using the most sophisticated technology to drive out their competition and take over markets for themselves. By using algorithms to track sales data on Amazon, the company determines which products are most profitable, diverts traffic to their own marked-down version of the same product to drive out their competition, and then gouges the price to reap super-profits once they’ve established monopoly control.
Amazon is able to do this in part because they charge third-party companies 15-20 percent of their sales revenue for the ability to sell on Amazon, which impinges on profits and sets a higher price threshold at which companies can sell while still being profitable, thus enabling Amazon to perpetually undercut their competition.
With the establishment of an online marketplace catering to the federal government, Amazon will be able to track the Pentagon’s spending data on everything, and repeat the above process until they control every major market. Very shortly, Amazon could be the sole source of chairs, paper, desks, water bottles, etc. for the entire Defense Department, netting annual revenue of almost the entire apportionment of $53 billion, equal to 38 percent of the company’s overall $136 billion revenue in 2016.
House to vote on giving Amazon $53 billion deal to become main Pentagon supplier
n 2016, Amazon accounted for 38.1 percent of all online retail sales, followed distantly by eBay at 7.8 percent, Apple at 3.2 percent and Walmart at 2.8 percent. Amazon’s e-commerce sales are projected to grow by 32 percent this year, with their market share ballooning to 43.5 percent. If their growth continues at the same rate, Amazon will control 100 percent of online retail sales in roughly 10 years. With the help of the Pentagon, Amazon could reach this level of monopolization far sooner.
Amazon is able to do this in part because they charge third-party companies 15-20 percent of their sales revenue for the ability to sell on Amazon, which impinges on profits and sets a higher price threshold at which companies can sell while still being profitable, thus enabling Amazon to perpetually undercut their competition.
With the establishment of an online marketplace catering to the federal government, Amazon will be able to track the Pentagon’s spending data on everything, and repeat the above process until they control every major market. Very shortly, Amazon could be the sole source of chairs, paper, desks, water bottles, etc. for the entire Defense Department, netting annual revenue of almost the entire apportionment of $53 billion, equal to 38 percent of the company’s overall $136 billion revenue in 2016.
House to vote on giving Amazon $53 billion deal to become main Pentagon supplier
n 2016, Amazon accounted for 38.1 percent of all online retail sales, followed distantly by eBay at 7.8 percent, Apple at 3.2 percent and Walmart at 2.8 percent. Amazon’s e-commerce sales are projected to grow by 32 percent this year, with their market share ballooning to 43.5 percent. If their growth continues at the same rate, Amazon will control 100 percent of online retail sales in roughly 10 years. With the help of the Pentagon, Amazon could reach this level of monopolization far sooner.
this cant last. can it?
Popular Resistance @PopResistance 8h8 hours ago
We thought it was outrageous in 2010 when 400 people had the same wealth as the bottom 50% (160 million people) in the US, but now that number is 3!! Wealth will keep consolidating until we stop it. #Plutocracy
Popular Resistance @PopResistance 8h8 hours ago
We thought it was outrageous in 2010 when 400 people had the same wealth as the bottom 50% (160 million people) in the US, but now that number is 3!! Wealth will keep consolidating until we stop it. #Plutocracy
capitalism incentivizes wage theft.
Democracy At Work @democracyatwrk Nov 21
Totals based on report "Broken Laws, Unprotected Workers" (National Employment Law Project) and FBI data. Credit to reddit user palmfranz for the viz.
Democracy At Work @democracyatwrk Nov 21
Totals based on report "Broken Laws, Unprotected Workers" (National Employment Law Project) and FBI data. Credit to reddit user palmfranz for the viz.
PSL - Socialism @pslweb Nov 24
The absurd contradictions of #capitalism! Let’s build #socialism, join the PSL! Visit http://www.pslweb.org/join
The absurd contradictions of #capitalism! Let’s build #socialism, join the PSL! Visit http://www.pslweb.org/join
Richard D. WolffVerified account @profwolff Nov 24
Food banks serve poor and homeless on Thanksgiving. One director says: “We haven’t seen numbers like this since the Great Depression.” Economic “recovery” since the 2008 crash = fake news, cruel joke.
16 replies 220 retweets 260 likes
Food banks serve poor and homeless on Thanksgiving. One director says: “We haven’t seen numbers like this since the Great Depression.” Economic “recovery” since the 2008 crash = fake news, cruel joke.
16 replies 220 retweets 260 likes
comical. richard wolff, im guessing america's most popular marxist economist, is increasingly getting retweeted 500+ times for his anti capitalist posts.
Richard D. WolffVerified account @profwolff Nov 19
Masters routinely abused slaves (sexually as well). Accumulated rage helped end slavery. Lords' abuses of serfs likewise helped end feudalism. Kings' abuse of "subjects" ended many monarchies. And the effect on capitalism of employers abusing employees?
Richard D. WolffVerified account @profwolff Nov 19
Masters routinely abused slaves (sexually as well). Accumulated rage helped end slavery. Lords' abuses of serfs likewise helped end feudalism. Kings' abuse of "subjects" ended many monarchies. And the effect on capitalism of employers abusing employees?
maybe therapists or something like that instead of cops should be dealing with homeless people.
im sure austerity doesnt help either. having people fend for themselves in the street is possibly the cheapest solution in some sense, but im sure it tax payers foot the bill somewhere else. whats the phrase about a little prevention?
Richard D. WolffVerified account @profwolff 22h22 hours ago
"Recovery" - like tax "reform" - is fake news that GOP, DEMs & Trump use to excuse policies that enrich the already rich. As Federal Reserve data show, US households have not recovered wealth they lost in the 2008 crash, not even close.
"Recovery" - like tax "reform" - is fake news that GOP, DEMs & Trump use to excuse policies that enrich the already rich. As Federal Reserve data show, US households have not recovered wealth they lost in the 2008 crash, not even close.
at my work the inefficencies of capitalism are revealed. workers always say "i dont know why management did this" or "i dont know what management is thinking".
when you centralize decision making, there is a bigger gap between those who actually experience those decisions, and those who are making them. it would be more efficient to have more worker decisions because we are the ones who are on the ground.
when you centralize decision making, there is a bigger gap between those who actually experience those decisions, and those who are making them. it would be more efficient to have more worker decisions because we are the ones who are on the ground.
Lance UlanoffVerified account @LanceUlanoff 15h15 hours ago
Trickle Down Economics
Trickle Down Economic
Trickle Down Economi
Trickle Down Econom
Trickle Down Econo
Trickle Down Econ
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554 replies 16,534 retweets 39,340 likes
Trickle Down Economics
Trickle Down Economic
Trickle Down Economi
Trickle Down Econom
Trickle Down Econo
Trickle Down Econ
Trickle Down Eco
Trickle Down Ec
Trickle Down E
Trickle Dow
Trickle Do
Trickle D
Trickl
Trick
554 replies 16,534 retweets 39,340 likes
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