On the contrary, #production under #capitalism is strikingly undemocratic. It is controlled overwhelmingly by the few who hold most of the power over #finance, #wealth, #capital & investible #assets: the large #financial firms, the #commercial #banks, the #monopoly #corporations, & the 1%.
Aha!
These ‘48 laws of power’ could go some way to explaining why autistics don’t do very well socially
(From the bestselling '48 laws of power’ by Robert Greene)
#PODCAST: Listen to the latest interview on the BLK News Now! Podcast. This week's guest is Sociologist Joe LaBriola at the University of #Michigan #Survey #Research Center. LaBriola published his research on TheConversation.com last month which shows how the racial #wealth gap for whites and Blacks has widened in part due to rising #house prices.
Tune into our podcast interview currently on #Spotify and find new interviews every Saturday.
https://blknewsnow.com/sociologist-joe-labriola-explains-why-rising-u-s-house-prices-are-widening-the-black-white-wealth-gap/
Ukraine is the front line in battle against #OligarchicCapitalism
War in #Ukraine not just fight for national sovereignty, it’s a battle at crossroads of collapsing global order
#War exposed an #economic system that has concentrated #wealth, #power, decision-making into the hands of a few
Will this war serve as yet another chapter in story of #oligarchs & corporate elites profiting from conflict while ordinary people #suffer?
https://kyivindependent.com/ukraine-is-the-front-line-in-the-battle-against-oligarchic-capitalism/
YOU -- Yes, you.
You are not a temporarily embarrassed, oppressed, not yet realized, millionaire, billionaire, or future, trillionaire either.
You're a regular individual who has better chances of being struck by lighting, than waking up rich through hard work and determination. It is time you grew up, and accept that.
#EatTheRich #Wealth #WealthTax #Healthcare
Huge win. Huge. Canadian Court upholds government restricting crypto bullshit use of electricity
"B.C. wins case for power use limits by cryptocurrency miners"
(Its not "mining" its wanking, nothing produced, nothing mined)
"The decision upheld an earlier court ruling against Conifex Timber Ltd., a forestry company located in Prince George .... The company was seeking unrestricted access to B.C. electricity."
https://www.nationalobserver.com/2025/03/11/news/bc-power-limits-cryptocurrency-mining-court-appeal
The Fascist Tech Bro Takeover Is Here
https://www.theindex.media/the-fascist-tech-bro-takeover-is-here-2/
"Musk's $277 million campaign contribution secured him unprecedented access to the levers of #Government & cemented his grip on the #political machine... Musk's influence has infected every arm of Govt. And he is using his #wealth, his control of Twitter's husk, & his presence in the #Trump orbit to steer the country away from #democratic principles & toward oligarchic rule."
Benn Jordan does it again: “You are witnessing the death of American capitalism”.
Great video, great insights. Rings true, with all that’s happening around us today. The Great Techbro Takeover is real, and it’s because once you accumulate enough wealth, money in itself ceases to be an important measure of wealth.
It’s a long watch, but a good one. Please check it out.
My #Scottish weekly word #illustration, the four horsemen and the destitute. On despairing of countries with enough wealth to feed the rest of the world forever & choosing instead to try and increase their #wealth. Meanwhile #climate disasters continue to grow at home and abroad.
Elon has issues. #ChildSupport #Migrant #Parasite #Deadbeat #WorldsRichestMan #MyFannyAunt it is PUTIN Who owns Trump 2025 #Today #News #ElonMusk #Wealth #Worsens{Poverty) #Sunday #Welfare #Children #Exploitation #UNHRC
Fight fascism & Elon Musk by taking down Tesla
https://micahflee.com/fight-fascism-and-elon-musk-by-taking-down-tesla/
"On paper, #ElonMusk is the richest person in the world, but his money... resides in his stake in #Tesla, a wildly overvalued publicly traded company...
movement against Tesla... knocking billions of dollars off Musk's net worth and potentially even causing his #wealth – which honestly is a house of cards built on top of #fraud & over-hyped Tesla stock – to collapse."
"The paradise of the rich is made out of the hell of the poor." — Victor Hugo
#quotes #VictorHugo #wealth #poverty
Just saw this cartoon posted on the enshittified, dying legacy blogging platform a few worthwhile writers still use. The article says the cartoon is banned on the enshittified, dying legacy social media platform still used by a few worthwhile people - and a lot more worthless ones. (Hint: it's now owned by the cartoon's subject, Cylon Musk.)
Good cartoon, imo.
Inheriting is becoming nearly as important as working — https://www.economist.com/leaders/2025/02/27/inheriting-is-becoming-nearly-as-important-as-working
#HackerNews #Inheriting #Working #Wealth #Inequality #Economic #Trends #Social #Mobility
Elon Musk’s Open Corruption Revealed in New FAA Plans
The Federal Aviation Administration is now going after one of Starlink’s main competitors.
https://newrepublic.com/post/192077/elon-musk-corruption-faa-starlink-verizon
"The #FAA is reportedly planning to ditch a $2.4 billion contract with #Verizon in favor of a deal with Elon Musk’s #Starlink.
The move would be a blatant favor to the #tech mogul... and further increase the #wealth and power of the [South African immigrant]"
“There is no doubt in my mind that he is doing this out of #fear of the consequences for his other business interests, #Amazon (the source of his #wealth) & #BlueOrigin (which represents his lifelong passion for space exploration),” #MartyBaron wrote Wednesday. “He has prioritized those commercial interests over The Post, & he is betraying The Post’s longstanding #principles to do so.”
WaPo, but it’s an exclusive #GiftArticle
#ElonMusk’s business empire is built on $38B in #GovernmentFunding
Govt infusions at key moments helped #Tesla & #SpaceX flourish, boosting Musk’s #wealth
#Musk & his cost-cutting US #DOGE Service team have been on a mission to trim govt largesse. Yet Musk is one of the greatest beneficiaries of the taxpayers’ coffers.
#hypocrisy #USpol #law #economy #business #finance #tech #FederalAgencies #FederalWorkers #kleptocracy
https://wapo.st/41uIOJ4
Corporations dig deeper: using bunkers to secure data (and their CEOs)
https://www.semafor.com/article/02/20/2025/corporations-dig-deeper-using-bunkers-to-secure-data
Large corporations are shopping for underground bunkers that can survive a nuclear blast to protect their data centers and C-suite employees as geopolitical tensions rise. The first adopters are primarily cryptocurrency firms, companies that build the facilities told Semafor.
Really happy with this 5 miler - sun shining and I pushed a little to test d hamstring - all gud - today I am in love wif life and it feels great or maybe it’s the runners high
(now which doughnut to eat first
) #Running #Health #fitness #Music #saturday #february #runnershigh #doughnut #cake #runnersofmastodon #Music #fast #love #wealth #mentalhealth #mindfulness #run #runs #runner #athlete #Weekend