Posted on 12/10/2021 4:14:17 AM PST by Tolerance Sucks Rocks
You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like Amazon.com, for which I was the first nonfamily investor. Then I founded aQuantive, an Internet advertising company that was sold to Microsoft in 2007 for $6.4 billion. In cash. My friends and I own a bank. I tell you all this to demonstrate that in many ways I’m no different from you. Like you, I have a broad perspective on business and capitalism. And also like you, I have been rewarded obscenely for my success, with a life that the other 99.99 percent of Americans can’t even imagine. Multiple homes, my own plane, etc., etc. You know what I’m talking about. In 1992, I was selling pillows made by my family’s business, Pacific Coast Feather Co., to retail stores across the country, and the Internet was a clunky novelty to which one hooked up with a loud squawk at 300 baud. But I saw pretty quickly, even back then, that many of my customers, the big department store chains, were already doomed. I knew that as soon as the Internet became fast and trustworthy enough—and that time wasn’t far off—people were going to shop online like crazy. Goodbye, Caldor. And Filene’s. And Borders. And on and on.
(Excerpt) Read more at politico.com ...
While Trump's policies actually rectified this problem somewhat, it still exists. I don't necessarily see a minwage hike to $15 as the solution, since some companies will get hurt, but neither should we be riding the Dem-GOP-e Cheap Labor express.
Almost all the plutocrats are far left transnational communists.
Almost all the plutocrats are far left transnational communists.
Maybe am beating a dead horse but here is my opinion. We have not seen an actual marketplace since illegal labor began coming into the USA. Illegal labor suppresses the marketplace and true value of labor is not attained. I do not have the solution to stop the influx of illegal labor but until illegal labor is stopped a true marketplace for the Citizens does not exist. My apologies for only stating the obvious
In light of recent events I found this interesting (the author speaking about increasing inequality producing tsunami-like revolutions)
“And then there’s no time for us to get to the airport and jump on our Gulfstream Vs and fly to New Zealand.”
The IRS agents may be devils, but they don’t use pitchforks.
The $30 trillion US national debt is best dealt with when asset values are high.
Internet advertising is highly ineffective.
I buy things from a small set of vendors.
I’m amazed how much money google is able to rake in.
They are crony capitalists.
Leftist talk is cheap.
It’s not “inequality” that is making people upset.
It’s that 95% of young people see no hope of affording the most basic things even if they do everything right. They live with roommates in an apartment smaller than what the Soviets considered proper. They can’t imagine ever affording a family except for some extreme luck.
When I started on my American dream, I could afford my own home and college education working normal hours as a taxi driver or waiter. Everyone had hope nomatter their profession and did their job with a smile. There was a clear path to the dream and you didn’t need to kill yourself with multiple jobs to get somewhere.
Now you must get into a few rare jobs, work yourself nearly to death or create a successful startup just to survive. 95% of young people feel stuck in a dead end and the situation has been getting worse. Every year more are seeing greater hope in burning down the system than in hard work.
Something is clearly wrong and if something is not done to correct the situation soon, there will inevitably be pitchforks against the rich and powerful...
wouldn't want to go there right now anyway. 🙂
BUMP
BUMP
There is only one solution to illegal immigration:
John Browning’s Ma-Deuce.
Something is clearly wrong and if something is not done to correct the situation soon, there will inevitably be pitchforks against the rich and powerful...
—
Rampant inflation will destroy the remaining middle class leaving a majority subsistence class with a tiny walled-off elite class. It is a 21st century version of serfdom.
A little help please.....
Remind me
What exactly is a plutocrat?
A person whose power is derived from their wealth (I looked it up).
At this point I’m afraid you’re right.
No one, not even President Trump in a second term, is going to be able to flush 30,000,000 illegal aliens out of the country almost no matter what he does.
He might be able to slow the influx to a trickle. But the vast majority of those who reside here illegally are never going to leave.
L
Inequality has not increased. Inequality is endemic and always present.
The perception has increased and is used as a political hammer to secure the votes of gullible and inequal black citizens
Political analysis
Thanks....
“You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None.”
I don’t see an uprising (unfortunately) I see a police State coming. The sheeple take a jab, then two, now three, and a fourth is already being discussed. Then look at the “cruel & unusual punishment” being foisted on the Jan 6 participants and you see a nation ready to submit to a police State.
I sincerely hope that I’m wrong.
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