Kyle's definitely showing tons of regret today about shooting those protestors /s. He even cried in his trial!
It's so fucking easy to become a conservative pundit. All you have to do is go to the nearest leftist protest and shoot some people in "self defense." You do have to be white though.
Soon we will see some crazy Zionist shoot people at an anti-genocide protest and be celebrated for it.
Please replace "Treasury/ies" in the title with "US Treasury/ies". There's kind of a big difference between having a collapsing treasury and having a collapsing US treasury.
Man tries and fails to cohesively articulate class conflict (the fuck is worker vs merchant?). This is what happens when you don't read theory.
No, the joke is that they are getting rid of bourgeois influence in exchange for this stuff.
China used its large market to play the capitalists against themselves. First to new market wins, so Western capitalists were begging to get in no matter what.
I do think that as China moves up the value chain, they should still improve and automate their low-value manufacturing. That way, they can never get cut off from needed goods. I don't know whether this is exactly what they are planning. If someone more knowledgeable could chime in, that would be great!
This is only possible because you can run off into a national park, which is the exact opposite of capitalism.
Fair point. However, the modern trend of Western Christian missionaries is explicitly associated with colonialism. Anyone who willingly contributes to spreading that kind of poison should be viewed with scrutiny.
Reddit normies discussing this article:
- https://www.reddit.com/r/climate/comments/1bk82lk/capitalism_cant_solve_climate_change_only_china/
- https://www.reddit.com/r/economy/comments/1bk7qxy/capitalism_cant_solve_climate_change/
- https://www.reddit.com/r/environment/comments/1bk41i0/capitalism_cant_solve_climate_change/
Other than the "communism no iphone" types, I think awareness of socialism really is increasing among Redditors.
Spam was wild, had to block the guy so my notifications wouldn't die. Big thanks to him though for putting my post on the front page of Active and Hot.
If we continue to see the private sector as our savior from climate catastrophe, we'll continue to fail.
TLDR: China is the only significant force in renewables adoption in the world, because the country uses central planning to advance its environmental objectives. The West's reliance on the profit motive to drive green energy is not working and will not work because renewables are not profitable enough.
This article is the most positive I have ever seen any mainstream news be towards China and central planning. I don't think there is a single "but at what cost" statement in the entire article. Frankly, I'm impressed this managed to get past the TIME editors.
The author, Brett Christophers, wrote The Price is Wrong: Why Capitalism Won't Save the Planet and Our Lives in Their Portfolios: Why Asset Managers Own the World, and Rentier Capitalism: Who Owns the Economy, and Who Pays for It?, among others, published via Verso Books.
That Pavel Grudinin guy sure looks a lot like reincarnated Stalin.
TLDR:
The sale has already happened. Norfolk Southern bribed Cincinnati politicians and funded shittons of ads to trick Cincinnati citizens to sell their government-owned railroad to them for cheap.
More info:
- https://jacobin.com/2023/10/cincinnati-public-railroad-norfolk-southern-east-palestine-disaster
- https://jacobin.com/2023/10/cincinnati-ohio-rail-worker-publicly-owned-privatization-norfolk-southern
- https://www.governing.com/infrastructure/say-goodbye-to-the-last-city-owned-interstate-railroad
- https://www.derailthesale.org/economics.html
- http://archive.today/2023.12.16-020729/https://www.cincinnati.com/story/news/politics/2023/12/15/norfolk-southern-paid-6m-convincing-cincinnati-voters-to-sell/71745654007/
The Cincinatti government possessed the last municipally owned interstate railroad in the USA, running from Cincinnati, Ohio to Chattanooga, Tennessee. It leased the railroad to Norfolk Southern (of East Palestine disaster fame) for $25 million per year, and it was indispensable for Norfolk Southern's operations.
Norfolk Southern (NS) funded a PAC, Building Cincinnati’s Future, and donated tons to the Cincinnati mayor's election campaign. Together, they made tons of ads to convince Cincinnati citizens to sell the railroad for $1.6 billion to NS, to be put in an investment trust fund.
If you calculate from the previous per-year lease, Cincinnati would have made that $1.6 billion off of the lease anyways after 64 years. A report commissioned by Cincinnati even showed that due to the railroad's importance to NS's operations and NS's impressive financial profits, the city could actually get away with raising the lease to ~$70 million per year. At that rate, the city would have made $1.6 billion back in less than 23 years. Even better, the city would have been able to continue making money on the railroad forever, and be able to raise the lease to match inflation, thus making even more money.
Now that the city has sold the railroad, it has lost that guaranteed income stream forever. That $1.6 billion now sits in "The Building Our Future Trust Fund", and the city will try to make money from it by paying professional money managers to invest in the unstable market. Data shows that more than 90 percent of professional money managers underperform the market in the long term. Not only that, these Wall Street bankers will take a cut of the money that belongs to the people of Cincinnati for the privilege of doing so. If the fund does end up losing value, the city receives nothing.
Any person with basic money sense knows that a stable asset that makes guaranteed money over time is better than a random lump sum which may or may not perform well when invested into stocks and bonds. After all, its why landlords buy and rent houses instead of just flipping them.
Along with the loss in money, Cincinnati has also lost the ability to use access to the railroad as leverage to force NS to do good stuff. For instance, they could have forced NS to add safety features, modernize the track, and let Amtrack run on the line. Now, NS is free to pour toxic waste all along the right-of-way, and the city can't do anything about it.
That explains a lot. I was wondering why I started seeing a bunch of western media reporting on Xi Jinping's secret stockpiles of cash in another dimension.
The fact this guy was on the record for such heinous crimes, yet got such a generous deal from the government, virtually guarantees he is some sort of CIA informant or COINTELPRO-type agent.
Make sure to verify your information sources!
Mexico desperately needs a better military to withstand this kind of bullshit. At the current rate, the US is gonna try to coup Mexico soon. Once the US starts collapsing for real, Mexico is the first place American fascists are gonna expand into. The current Mexican air force is composed of 40 propeller plane fighters, and the other Army and Navy don't look much better.
Simple solution: we use AI to fill our resumes with the right fucking keywords so that eventually, both sides are talking and reading nonsense.
The issue is that dollars do not make weapons via alchemy, Europe spent shittons of money on of artillery shells to Ukraine, just to raise the price of existing shells without making any more new ones.
The DPRK is only able to take such a principled position because most of their trade is with the PRC. If China didn't thread the diplomatic needle, DPRK would have no one to trade with.
If your concern is about national security, why the heck are you hiring Nepalese Ghurkas who have never seen an ocean in their lives? Why can't the British do their own laundry themselves?
Is it that they have a fetish for foreign laundry servants, or that the working conditions of laundrymen on their ships are so poor that no full-blooded Brit would ever consider the job?
Buy the time you save for 10 months, you can just save a couple more months and buy the newly released upgraded version of that GPU.
Blue Java bananas are freaking amazing. They're actually blue, and taste like berry ice cream. I don't get why we don't grow more of them.
Based on the contradictory positions Becker takes on Russia compared to China, he's probably just trying to appeal to liberals to grow the PSL. Saying 'Russia not good' is kinda necessary to prevent liberals from losing their minds right now. Does this stance temporarily screw up their real MLtheory? Yes. Does this stance attract more new members? Maybe.