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What is Capitalism?

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Re: What is Capitalism?

Postby Lordo » Fri Jun 23, 2023 11:05 pm

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Re: What is Capitalism?

Postby Lordo » Fri Jun 23, 2023 11:26 pm

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Re: What is Capitalism?

Postby Lordo » Sat Jun 24, 2023 2:20 pm

They used composite instead of Titanium or Steel and at 5inches thick walls trying to withstand a pressure of 400 atmospheres. Was this tested? I suspect not.
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Re: What is Capitalism?

Postby Lordo » Fri Aug 18, 2023 5:41 pm

Worth watching. It is wake up time.


[youtube]https://www.youtube.com/watch?v=RrQcVHzU1h4[/youtube]
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Re: What is Capitalism?

Postby Lordo » Fri Aug 18, 2023 7:50 pm

Lordo wrote:Worth watching. It is wake up time.




Ohps, take 2
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Re: What is Capitalism?

Postby Lordo » Sat Aug 26, 2023 12:45 pm

What is true capitalism. My understanding is that it works on Supply and Demand basis. If the Supply is not enough and demand exceeds supply the prices go up. And consequently if the supply is too much and demand is less the price is supposed to come down.

This does not happen in the real world. When supply is too much then a new form of what I call one legged capitalism applies.

France to spend €200m destroying wine as demand falls

Rather than allow the price to drop the government spends money to destroy wine to keep the price high.

So the public gets screwed every time. No wonder the French workers have had enough and are rioting.

https://www.bbc.co.uk/news/world-europe-66623636
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Re: What is Capitalism?

Postby Lordo » Sat Aug 26, 2023 12:47 pm

What about the retirement age. Having paid into a retirement fund for 30 years why do they feel the need to increase the retirement age. Is payments for 30 years not enough?
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Re: What is Capitalism?

Postby Lordo » Sat Sep 16, 2023 10:44 am

Lordo wrote:Worth watching. It is wake up time.


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Re: What is Capitalism?

Postby Lordo » Sat Sep 16, 2023 10:49 am

This is beyond belief. While the climate is getting more extreme and decisions are made to aim for reducing carbon emissions, the world bank still finances billions fossil fuel exploration.

https://www.msn.com/en-gb/money/other/world-bank-spent-billions-of-dollars-backing-fossil-fuels-in-2022-study-finds/ar-AA1gAhE8?ocid=entnewsntp&cvid=7e4392da280a4d7985cff79407a5cab6&ei=14
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Re: What is Capitalism?

Postby Lordo » Tue Oct 17, 2023 6:36 pm

I think it is only fair that this cunt should be given a fair trial.

One of Australia's richest men has apologised after he said that unemployment should jump to remind arrogant workers of their place.
"We need to see pain in the economy," Tim Gurner had said.
But Mr Gurner said later that he "deeply" regretted the comments, which sparked a global backlash.
He has previously made headlines by suggesting young people cannot afford homes because they spend too much on avocado toast.

There are three cunts here that are worse than this son of a bitch

https://www.bbc.co.uk/news/business-66803279
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