yea i only remember it being referenced in cowspiracy, so i dont actually know wat should be done.
I drink your milkshake! a metaphor for capitalism
- Thread starter rickyb
- Start date
bernie sanders and i have similar hunches about the economy:
Bernie SandersVerified account @SenSanders 3h3 hours ago
When Trump tells us the economy is "booming," please remember:
- Over 40% of Americans don't have enough savings to cover a $400 emergency expense - 43% can't afford the basics to live
- Over 25% of adults skipped necessary medical care last year because they couldn't afford it
426 replies 3,227 retweets 8,416 likes
Bernie SandersVerified account @SenSanders 3h3 hours ago
When Trump tells us the economy is "booming," please remember:
- Over 40% of Americans don't have enough savings to cover a $400 emergency expense - 43% can't afford the basics to live
- Over 25% of adults skipped necessary medical care last year because they couldn't afford it
426 replies 3,227 retweets 8,416 likes
Umm, what was going on before Trump became President? You can't lay all of that on him.
yea its dishonest when politicians only blame the other party.
...There are people still in those counties who, if they don’t remember it, their parents remember it. They remember when labor struggles had guns and the weight of the Pinkertons and the police and sometimes the army came down on workers.
JS: It seems also that we are in the midst of a resurgence of union organizing in a number of sectors of society, including the one that you and I work in, and you’re seeing this across the board and you’re also seeing good old union-busting tactics happening at media outlets as well.
Talk about that phenomenon of sort of the union rising again and it seemingly being rooted in real working-class struggle, but also younger people who are, you know, saying: Look, the job market sucks, the pay sucks, the benefits suck and we want to have some security here in our rights.
SJ: Yeah, I mean there’s a big, big story behind this. So, the two articles that I’m thinking about: One was that union density actually went up a little tiny bit in the U.S. last year, despite all of these attacks in state after state after state, and it was driven by, almost entirely by young people.
And the other thing was this article that I saw yesterday that was one-third of Americans can’t afford food, rent or some other life necessity. And so, you know, you look at those two things, and you’re like, “That’s a lot of people that are struggling.”
Intercepted Podcast: Just Following Orders
JS: It seems also that we are in the midst of a resurgence of union organizing in a number of sectors of society, including the one that you and I work in, and you’re seeing this across the board and you’re also seeing good old union-busting tactics happening at media outlets as well.
Talk about that phenomenon of sort of the union rising again and it seemingly being rooted in real working-class struggle, but also younger people who are, you know, saying: Look, the job market sucks, the pay sucks, the benefits suck and we want to have some security here in our rights.
SJ: Yeah, I mean there’s a big, big story behind this. So, the two articles that I’m thinking about: One was that union density actually went up a little tiny bit in the U.S. last year, despite all of these attacks in state after state after state, and it was driven by, almost entirely by young people.
And the other thing was this article that I saw yesterday that was one-third of Americans can’t afford food, rent or some other life necessity. And so, you know, you look at those two things, and you’re like, “That’s a lot of people that are struggling.”
Intercepted Podcast: Just Following Orders
JS: Like, how do you win against such huge corporations?
SJ: If you were going to deliver packages to somebody in you know, 14th Street in Manhattan in two hours, the stuff has to come from somewhere, it has to be close. And so, on some level, this is why —
JS: Well then you create a caste system, though.
SJ: This is why these sort of logistics systems — and they already have, right, they employ a lot of undocumented people in these positions, they employ, in some cases, people who are formerly incarcerated so you get people getting just out of prison who have very few options because very few people will hire you. And so, you get like sort of super exploitable workers already in these places, because what’s already happening is that the stuff is being made somewhere else. Right? It’s being made in China, it’s being made in Bangladesh, it’s being made in a factory maybe that will, you know is on the verge of collapse somewhere else, and it’s being brought here on a ship and then that creates choke points in the process. Right? The warehouses, the ports where the things are coming in, and so what happens is you have fewer workers in the U.S. — part of this stream, absolutely, you also have automation of different functions here, so you have fewer workers period. And those things are definitely true and it’s definitely creating a sort of permanent high unemployment situation, high underemployment situation that we’ve had in this country for a while and certainly since 2008.
SJ: If you were going to deliver packages to somebody in you know, 14th Street in Manhattan in two hours, the stuff has to come from somewhere, it has to be close. And so, on some level, this is why —
JS: Well then you create a caste system, though.
SJ: This is why these sort of logistics systems — and they already have, right, they employ a lot of undocumented people in these positions, they employ, in some cases, people who are formerly incarcerated so you get people getting just out of prison who have very few options because very few people will hire you. And so, you get like sort of super exploitable workers already in these places, because what’s already happening is that the stuff is being made somewhere else. Right? It’s being made in China, it’s being made in Bangladesh, it’s being made in a factory maybe that will, you know is on the verge of collapse somewhere else, and it’s being brought here on a ship and then that creates choke points in the process. Right? The warehouses, the ports where the things are coming in, and so what happens is you have fewer workers in the U.S. — part of this stream, absolutely, you also have automation of different functions here, so you have fewer workers period. And those things are definitely true and it’s definitely creating a sort of permanent high unemployment situation, high underemployment situation that we’ve had in this country for a while and certainly since 2008.
you wish! economy is not that hot. its a few weeks old
1989
Well-Known Member
Are you participating it it? If you were, you would find that companies cannot find people to fill openings. You would even get hired. Keeping the job still might be difficult for you tho.
It must be tough realizing you were born a hundred years too late.
yea these are all low wage jobs.
if i quit my current job, im sure i couldnt easily find another that pays middle class wage. and im not really middle class when you factor in inflated housing prices.
"10% of americans own 84% of the stock market...thats not alot who benefit from stock market rallies"
How Central Banks Rigged The World/Facebook Privacy – Ralph Nader Radio Hour
“The emergency remedies that the global central banks have enacted since the global financial crisis of 2008 have gone on for ten years. And they have epically subsidized – in unprecedented amounts and ways – the private financial system at the expense of the Main Street economy.” Nomi Prins, author of “Collusion: How Central Banks Rigged the World.”
How Central Banks Rigged The World/Facebook Privacy – Ralph Nader Radio Hour
“The emergency remedies that the global central banks have enacted since the global financial crisis of 2008 have gone on for ten years. And they have epically subsidized – in unprecedented amounts and ways – the private financial system at the expense of the Main Street economy.” Nomi Prins, author of “Collusion: How Central Banks Rigged the World.”
The riotous market swings that have whipped up frothy peaks of anxiety over the last week — bringing the major indexes down more than 10 percent from their high — have virtually no impact on the income or wealth of most families. The reason: They own little or no stock.
A whopping 84 percent of all stocks owned by Americans belong to the wealthiest 10 percent of households. And that includes everyone’s stakes in pension plans, 401(k)’s and individual retirement accounts, as well as trust funds, mutual funds and college savings programs like 529 plans.
“For the vast majority of Americans, fluctuations in the stock market have relatively little effect on their wealth, or well-being, for that matter,” said Edward N. Wolff, an economist at New York University who recently published new research on the topic.
We All Have a Stake in the Stock Market, Right? Guess Again
A whopping 84 percent of all stocks owned by Americans belong to the wealthiest 10 percent of households. And that includes everyone’s stakes in pension plans, 401(k)’s and individual retirement accounts, as well as trust funds, mutual funds and college savings programs like 529 plans.
“For the vast majority of Americans, fluctuations in the stock market have relatively little effect on their wealth, or well-being, for that matter,” said Edward N. Wolff, an economist at New York University who recently published new research on the topic.
We All Have a Stake in the Stock Market, Right? Guess Again
rick's tweets are regularly over 100 now.
Richard D. WolffVerified account @profwolff 11h11 hours ago
We have accepted capitalism's abuses (business cycles, dead-end jobs, shop till you drop, austerity policies, downsizing, layoffs, job burn out, environmental degradation) but never should have. Another type of MeToo movement is needed: this one targeted to capitalism itself.
If the casinos force the workers to walk, it would be the largest strike in Las Vegas in 34 years. The last long strike, settled 20 years ago, led to unionization of – and the sale of – the Frontier Casino. That drew massive labor-wide support. That walkout lasted seven years and nobody ever crossed Unite Here’s picket line.
50,000 Workers Are Prepared to Shut Down Entire Las Vegas Strip
50,000 Workers Are Prepared to Shut Down Entire Las Vegas Strip
3 men have more wealth than the bottom 50% of americans combined.
this is up from 1% having more wealth than the bottom 40% in 2011.
if you believe in representative democracy, then this is terrible for it.
if you like rich people controlling government, then this is great for that.
this is up from 1% having more wealth than the bottom 40% in 2011.
if you believe in representative democracy, then this is terrible for it.
if you like rich people controlling government, then this is great for that.
Eat Sleep Fish
Jig Master
Why don't you move to Venezuela? I'd bet the farm you'd be crying to come back here.
You want some money? You work for it. You want luxury items? You save up for it. People like you kill me. Instead of fighting for all the lazy people out there, has it ever occurred to you that folks make thwir own fate?
I can't tell you how many people I see whining about their circumstances yet they have the newest smartphone, a brand new car, and a house they can't afford. Live below your means man.
No offense, but I am not for taking from the rich and giving to the "poor". Poor is a state of mind. Socialism is just a soft word for communism. It doesn't work. It NEVER has.
You want some money? You work for it. You want luxury items? You save up for it. People like you kill me. Instead of fighting for all the lazy people out there, has it ever occurred to you that folks make thwir own fate?
I can't tell you how many people I see whining about their circumstances yet they have the newest smartphone, a brand new car, and a house they can't afford. Live below your means man.
No offense, but I am not for taking from the rich and giving to the "poor". Poor is a state of mind. Socialism is just a soft word for communism. It doesn't work. It NEVER has.
Eat Sleep Fish
Jig Master
BTW, your "I drink your milkshake" metaphor is the perfect one for Socialism.
1989
Well-Known Member
Now you’ve done it. He cannot think/reason for himself. Now he will puke out a ton of propaganda. He doesn’t understand how anything he posts would work in the real world.
that quote applies to ANY system where workers are making someone other than themselves rich.
but people have a hard time making that connection to capitalism which is why i specifically mentioned it.
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