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What is Capitalism?

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Re: What is Capitalism?

Postby Lordo » Wed Jan 03, 2024 2:15 am

Wow and double wow and double it again.

62 people on earth have as much wealth as 3.5 billion people.


How do they fuckin sleep at night when millions are going hungry.

https://www.facebook.com/reel/1403608533866423
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Re: What is Capitalism?

Postby Lordo » Wed Jan 03, 2024 2:13 pm

Well well well. Lets see which rats come out of this saga.

Here is one that we know about. JP Morgan Chase.

JP Morgan Chase has reached settlements with the US Virgin Islands and former executive Jes Staley to resolve lawsuits over its alleged dealings with convicted sex offender Jeffrey Epstein.

It will pay $75m to the territory, which alleged the bank facilitated Epstein's sex trafficking ring. JPMorgan did not admit any wrongdoing in the settlement. Lawyers for Mr Staley, a former boss at the bank, did not immediately respond to the BBC's request for comment.

The Wall Street giant, which previously reached a $290m settlement with Epstein's victims, said it settled with Mr Staley for an undisclosed sum in a confidential agreement.


https://www.bbc.co.uk/news/business-66925934
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Re: What is Capitalism?

Postby Lordo » Sat Jan 06, 2024 1:43 pm

Now here is a familiar story.

There are elements of fascism, elements borrowed from the Chinese state and elements that reflect Argentina’s history of dictatorship. But most of the programme for government announced by Javier Milei, the demagogic new Argentinian president, feels eerily familiar, here in the northern hemisphere.

A crash programme of massive cuts; demolishing public services; privatising public assets; centralising political power; sacking civil servants; sweeping away constraints on corporations and oligarchs; destroying regulations that protect workers, vulnerable people and the living world; supporting landlords against tenants; criminalising peaceful protest; restricting the right to strike. Anything ring a bell?

Milei is attempting, with a vast “emergency” decree and a monster “reform bill”, what the Conservatives have done in the UK over 45 years. The crash programme bears striking similarities to Liz Truss’s “mini” (maxi) budget, which trashed the prospects of many poor and middle-class people and exacerbated the turmoil that now dominates public life.

Coincidence? Not at all. Milei’s programme was heavily influenced by Argentinian neoliberal thinktanks belonging to something called the Atlas Network, a global coordinating body that promotes broadly the same political and economic package everywhere it operates. It was founded in 1981 by a UK citizen, Antony Fisher. Fisher was also the founder of the Institute of Economic Affairs (IEA), one of the first members of the Atlas Network.


https://www.msn.com/en-gb/news/world/what-links-rishi-sunak-javier-milei-and-donald-trump-the-shadowy-network-behind-their-policies/ar-AA1mxR2f?ocid=entnewsntp&cvid=74b92c67e5724a6fbca3d80000ebea33&ei=13
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Re: What is Capitalism?

Postby Lordo » Mon Jan 22, 2024 7:24 pm

Is there no end to what these fuckin corporation will do to make a quick buck

The Daihatsu Motor Co. skipped mandatory safety tests by copying data from testing on one side of cars to the other, and used timers to ensure airbags went off in tests, a review found.


https://www.msn.com/en-gb/cars/news/japanese-carmaker-that-faked-safety-tests-sees-long-wait-to-reopen-factories/ar-BB1h46St?ocid=entnewsntp&pc=U531&cvid=ae76a9270b25400ba3cff45b118056bc&ei=22
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