Capitalism, The Best Solution to Poverty

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Re: Capitalism, The Best Solution to Poverty

Post by rainbow » Sun Feb 05, 2023 9:59 am

Don't you just hate it when the stabilisers on your yacht fail to keep the table even. The children of South Sudan think that they have a terrible life.
I call bullshit - Alfred E Einstein
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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Sun Feb 05, 2023 10:34 am

pErvinalia wrote:
Sun Feb 05, 2023 9:49 am
Just started reading Macdoc's, sorry, the Australian treasurer's essay on capitalism.

Capitalism after the crises
In a time of serial disruption – to our economy, our society and our environment – the treasurer argues for the place of values and optimism in how we rethink capitalism
Macdoc and Brian at 10 paces!
Meh. It was mostly air.
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Re: Capitalism, The Best Solution to Poverty

Post by macdoc » Sun Feb 05, 2023 11:59 am

not inclined to sign up.
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Re: Capitalism, The Best Solution to Poverty

Post by laklak » Sun Feb 05, 2023 3:42 pm

rainbow wrote:
Sun Feb 05, 2023 9:56 am
https://www.cnet.com/roadshow/news/buga ... ble-yacht/
Bugatti's $300,000 pool table has gyroscopic self-leveling for your yacht
I'm gonna need a bigger boat.
Yeah well that's just, like, your opinion, man.

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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Sun Feb 05, 2023 3:42 pm

pErvinalia wrote:
Sun Feb 05, 2023 9:49 am

Macdoc and Brian at 10 paces!
At 6'2" I reckon I'll have a reach advantage...

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Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Sun Feb 05, 2023 10:20 pm

macdoc wrote:
Sun Feb 05, 2023 11:59 am
not inclined to sign up.
You don't need to sign up. I didn't.
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
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"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Mon Feb 06, 2023 2:01 am

Actually, maybe i signed up in the past at some point.
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: Capitalism, The Best Solution to Poverty

Post by L'Emmerdeur » Sat Jul 08, 2023 2:18 pm

It warms the cockles of your heart, or something.

'Corporate Windfall Profits Surge to $1 Trillion a Year as Working People Suffer'
An analysis released Thursday shows that 722 of the world's top corporations made combined windfall profits of $1 trillion per year in 2021 and 2022 as people across the planet struggled to meet basic needs due to the price hikes that businesses have used to pad their bottom lines.

The humanitarian groups Oxfam and ActionAid found that the companies raked in $1.09 trillion in windfall profits—defined as profits significantly above a given corporation's average—in 2021 and $1.1 trillion last year.

That's an 89% increase in total profits compared to the average between 2017 and 2020, according to Oxfam and ActionAid's analysis of Forbes' "Global 2000" ranking of the world's largest companies—a major windfall during a period in which extreme poverty and global hunger surged.

The two groups found that "45 energy corporations made on average $237 billion a year in windfall profits in 2021 and 2022" while "food and beverage corporations, banks, Big Pharma, and major retailers also cashed in on the cost-of-living crisis that has seen more than a quarter of a billion people in 58 countries hit by acute food insecurity in 2022."

The windfall profits of leading food and beverage companies in 2021 and 2022 would be "enough to cover the $6.4 billion funding gap needed to deliver life-saving food assistance in East Africa more than twice over," Oxfam and ActionAid noted.

"People are sick and tired of corporate greed," Amitabh Behar, Oxfam's interim executive director, said in a statement. "It's obscene that corporations have raked in billions of dollars in extraordinary windfall profits while people everywhere are struggling to afford enough food or basics like medicine and heating."

"Big business is gaslighting us all—they're hiking prices to make monster profits, plundering people under the cover of a polycrisis," Behar added.

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Re: Capitalism, The Best Solution to Poverty

Post by Sean Hayden » Tue Oct 03, 2023 10:15 pm

FTC says online counseling service BetterHelp pushed people into handing over health information – and broke its privacy promises
In the hierarchy of confidential data, health information ranks right up there. And in the hierarchy of health information, details about a person’s mental health may be among the most confidential. But according to the FTC, that’s not how online counseling service BetterHelp viewed it. The FTC says the company repeatedly pushed people to take an Intake Questionnaire and hand over sensitive health information through unavoidable prompts. And it promised to keep that information private through statements like: “Rest assured – any information provided in this questionnaire will stay private between you and your counselor.” But from the FTC’s perspective, a truthful statement would have been “Rest assured – we plan to share your information with major advertising platforms, including Facebook, Snapchat, Criteo, and Pinterest.” A proposed FTC settlement with BetterHelp includes $7.8 million for partial refunds for BetterHelp customers and conveys an unmistakable message about just how seriously the FTC takes this kind of betrayal of trust.
https://www.ftc.gov/business-guidance/b ... tion-broke

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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Wed Oct 04, 2023 1:47 am

Not a good look is it?
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"It isn't necessary to imagine the world ending in fire or ice.
There are two other possibilities: one is paperwork, and the other is nostalgia."

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"This is how humanity ends; bickering over the irrelevant."
Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: Capitalism, The Best Solution to Poverty

Post by JimC » Wed Oct 04, 2023 2:21 am

$$$$$$$$$$$$
Nurse, where the fuck's my cardigan?
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Re: Capitalism, The Best Solution to Poverty

Post by macdoc » Wed Oct 04, 2023 2:46 am

:bored:
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Re: Capitalism, The Best Solution to Poverty

Post by Sean Hayden » Wed Oct 04, 2023 2:56 am

IMG_1238.jpeg

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Re: Capitalism, The Best Solution to Poverty

Post by pErvinalia » Thu Jan 11, 2024 9:29 am

. Image
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
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"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: Capitalism, The Best Solution to Poverty

Post by Brian Peacock » Thu Jan 11, 2024 6:05 pm

:hehe:
Rationalia relies on voluntary donations. There is no obligation of course, but if you value this place and want to see it continue please consider making a small donation towards the forum's running costs.
Details on how to do that can be found here.

.

"It isn't necessary to imagine the world ending in fire or ice.
There are two other possibilities: one is paperwork, and the other is nostalgia."

Frank Zappa

"This is how humanity ends; bickering over the irrelevant."
Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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