Nahvi

@Nahvi@lemmy.world

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⁨Comment⁩ on ⁨The Fediverse should do what redditors have always wanted and Reddit Inc. has always refused to do; Distinguish between NSFW and NSFL.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
I am not a fan of this idea, but there are instances with no down vote button. If you prefer it no down vote button, it isn’t too hard to find those instances.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Just watched the Jon Steward Stock Market video. I actually got to watch that Robnhood mess unfold live on reddit. It was quite the shock. Before then, I was under the impression that they were just doing batch trades, not all the backroom fuckery.

Still the video was definitely worth the watch. Are you aware of any other similar schemes with such interesting explanations?
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
This was indeed a fairly decent wall of text, but still well worth the read. I didn’t realize these multi-layer scams went to this depth.

Also, it always seemed to me like listening to public trading advice and buying into a company at the same time as everyone else was a questionable proposition at best. Only so many would get the stock at a “good” price and everyone else was just buying in late anyways.

look into the problem with Jon Stewart and his episode on the stock market

I pulled up the video and will check it later. I look forward to hearing more about these issues.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Thanks for the trip down nostalgia lane.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

You are too ingrained with a monetary system you cant even imagine a system in which one doesn’t exist.

I can imagine it, but only in a post-scarcity society. It just doesn’t seem plausible to me until we are at least a Type 1 Civilization, more likely Type 2.

When two people want or need the same limited resource how do you decide who gets it? Money solves that issue. While it is a poor solution, I have yet to see something that wouldn’t have just as many problems, though admittedly different ones

Even if we had post-scarcity potential, I am not at all sure human nature would allow it. Some people have a fundamental need to stand above other people, others have a fundamental need to collect things, and then there are takers. Takers being those who would gladly take from others but would never give away their own stuff without being forced, even if it was pure excess.

We live in a time where automation and robotics could allow us much more freedom and dignity

I agree that we are definitely approaching an era where robotics/automation could replace the need for most human labor. Though I don’t really think we are there yet. One of my favorite sayings a few years back was, “humans should be in the business of thinking and creating, not laboring.” Sure I can buy a “perfect” machine made wooden chair but there is a certain character and richness to having one an artisan made.

I was a fan of taxing the labor of robots that replaced humans and using those funds to cover a UBI long before I ever heard the name Andrew Yang, though even that doesn’t get rid of the monetary system.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

stated we bar those bigger investors

Oops, somehow missed that you were referring to the original bigger investors.

It seems like it should be easy enough to get those financial advisors for market manipulation. If a large firm says a stock will do better than otherwise expected and then sells their clients’ stocks as soon as the price rises, how is it anything except simple market manipulation? Not going after them makes the SEC look like a captured organization, though I easily found articles stating that it isn’t captured with a web-search.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

some billionaire has staked claims to sell this water

I don’t really know how true it is, but my horticulture buddy up there made it sound like the water flowed through a number of small farms that really weren’t worth much until the population boom made land prices sky-rocket over the last 20 years.

The bigger issue in the area is that it is more how long the water rights have been retained. If your family bought your farm 150 years ago, you will get your water before the person that bought theirs 20 years ago. It doesn’t matter in wet years, but as soon as a drought hits the 150 year farm will get 80-100% of their water, while the 20 year farm will be lucky if they get 20%. If you bought water rights last year, you better conserve your seed and sell your animals quickly because you aren’t getting any water.

In a way it is completely fair, it isn’t the long-term farmers fault that the state is having an unsustainable population explosion. However, as one of those new residents who really didn’t understand the local laws when I moved there, I hated it.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

you are the one with the verbal diarrhea.

Fun, fun. Gonna hit me with the old “I’m rubber and your glue” next?
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

As stated it’s currently handled by municipality workers

If you live in the eastern part of the US, you might find it interesting to look up water rights west of the Mississippi; it is an absolute madhouse.

Spent a year in Colorado not long ago. The water that fell from the sky above was owned by someone else before it even hit the ground, though I think I heard that there were some changes specifically in regards to rain barrels since I left.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
This seems to be more getting into the issues with a stock exchange (and its rules), of which I have many. I have heard there are benefits to new companies having easier access to investors, but am not convinced that it is a good trade for the societal costs involved.

Even then, do keep in mind, when someone sells a company it isn’t just burning their connection to it; someone else is buying it. Usually some middle-class chump who didn’t understand the company was dying, and is indeed covering the loss by losing his retirement fund to it.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Please stop arguing against your own fantasies of what I might think and actually comment on what I said. Doing the former makes for nice campaign speeches, but we aren’t politicians.

Billionaires aren’t the ones that starve when the economy implodes.

Nowhere here did I say billionaires are a good necessary parts of society and we should support them. Crashing the economy will cause mass starvation, but not by those who have the resources and foresight to prepare for turbulent times.

Poor people are literally the foundation of your society

Agreed, but those poor people depend on having a useful currency to trade for tools to make more food. If you crash the economy the little piece of paper we trade around right now will become worthless and we will be back to bartering until someone prints new paper or mints a new specie to use.

The guy making the tools can’t do anything with 100,000 heads of lettuce, he needs something he can pay metallurgists with, who in-turn need something to pay the miners with. That lettuce is going to rot before it changes hands enough times to get into someone’s belly.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
We produce excess of something things, but usually that is in trade for not producing enough of others. Scarcity is not a creation of the uber rich, it just exacerbated by them.

Someone would have to decide whether the avocado farm, almond farm, or the winery got more water in California. Right now it is mostly decided by economic power and a byzantine set of rules and laws dictating who owns the water. Unless we want farmers killing each other over it, we would need to put a new system in place.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
That is a lot to unpack, but I think you definitely have a few good ideas.

as their lack of empathy could actually benefit the survival of the whole in those situations

This in particular is an interesting idea. Would be interesting to see what “good” a “psycopath” could do within certain limits.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Growing enough food to feed even one family takes time, effort, and resources. I am sure they would be glad to share, if you are willing to trade one of those things. Pretty quickly we end up working for or bartering with those guys though.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
No I mean when the guy in the picture says, “we’re going to wreck their economy.”

If you don’t like his phrasing then it sounds like we agree.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Am I wrong? I was using it as a comparison to jobs that require a similar amount of education and training.

I tried to check and it seemed to be categorized as “unskilled”. Didn’t really seem like a completely fair assessment so I used “low-skill” instead.

What would you call jobs in this category?
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

then nobody has to starve at all.

Ah yes, more cannibalism! How long exactly do you think 999 people can survive off of eating one?
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

seize assets from rich people

I agree with everything you said except this bit. The 4th Amendment is supposed (glares at imminent domain) to protect us from a tyrannical government seizing our assets just because they want them.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Thank you for your well-thought-out and oh so eloquent opinion.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
It isn’t. That is why I mentioned my own plum tree and chickens. Was just curious if you were trying to blow smoke up my ass.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

there’d be no invasion to defend against in the first place if not for the military power of genocidal war criminals like Putin

I completely agree though with a caveat. I can’t imagine a just way we would completely eliminate people like Putin.

The only way I could imagine is becoming the most oppressive and dominating force and pointing our weapons at anyone that glances at other territories. Incidentally, I think this pretty much what we did for 40 years after the fall of the Soviet Union, which explains the era of relative peace we are coming out of. Not that there was ever true peace, but mostly the world powers only played their proxy war games in much smaller nations.

I also think that Zelinski is finding emergency war powers a very useful tool to suppress political opposition and otherwise further his own political power.

I have been noticing the same.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Interesting. New Zealand seems like an odd choice for a prepper bunker. I’m sure it is wonderful to live there now, but that seems irrelevant if civilization collapsed. I have been working under the assumption that there were billionaire bunkers littering the Rockies and Appalachians.

Personally, if I was a billionaire, I would go full Fallout and build several sustainable vaults of various kinds that could each hold enough people to rebuild the human race from. That and dump every spare dollar possible into an off-world colony.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

not what profit margin they’re making.

True. You said profit and I even responded profit margin, but I was still thinking you said revenue.

do you honestly think their profits are lower than what they can pay their workers?

From second hand knowledge they did pretty good this year and the first year of covid, but had rough goes in between. I don’t know if it makes up the difference or not.

Without workers there is nothing to sell, so you must pay the workers, but there is a real issue that investors will bail out if they aren’t seeing returns. That said, I have a hard time believing the federal government would ever let the big three collapse, though they have already had to bail out GM once in the last couple decades. Hopefully, it does not become a repetitive issue.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Is it fair to assume you have those trees growing outside your house?

Personally, I have a flock of chickens running around the yard, but only one sad little plum tree that has a couple years yet before I will have enough extras for neighbors or canning. Thinking about putting some potatoes in the ground in the spring though.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
I have no idea what sort of profit margins the auto companies are working on. I do think profit sharing is a pretty decent idea though. I am surprised the UAW isn’t asking for something like that. Maybe it is too unstable for wage workers in case of a recession.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Presumably their part of the building is holding up fine. We certainly aren’t seeing a lot of rich people flee the US so far.

Incidentally, not that it really matters, the holes in the floor were not meant to indicate the building itself was rotting away, just that the layers had worn through and need to be replaced. Basically everything after the first post has just been shoe-horned into the analogy on the fly.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:

but that’s debatable.

Do you think Zelensky thinks military power is a useful tool? Do you think he and NATO are doing evil by defending Ukraine?

Putting my cards on the table; I am not the biggest fan of the US getting involved in another overseas war, even if it is only providing weapons. I am curious though how a defensive war fits into your “military power is evil” mindset.

Organised murder isn’t free speech

Having a military does not mean you have to participate in offensive wars.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Since you clearly missed it that was sarcasm. You are obviously doing nothing but spewing self-righteous textual diarrhea.

I am truly sorry for you that you don’t realize many self-proclaimed moderates and centrist could be your natural allies. Not me of course, I would never intentionally associate myself with a zealot that thinks anyone who doesn’t share his exact opinion is his true and natural enemy. It is a shame that you are probably an atheist, you would fit right into a fundamentalist sect.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Military power is neither inherently virtue nor vice it is a tool that can be used for good or ill. However, without it the voice of a nation becomes smaller and smaller until it becomes non-existent without the support of others.
⁨Comment⁩ on ⁨Wreck the economy because it only works for the billionaire class.⁩ ⁨⁨1⁩ ⁨year⁩ ago⁩:
Yes, haha very funny, let’s all become cannibals of the rich. I’m sure that everyone will get a mouthful of that yummy long pig. What are the poor going to eat after that?