The plan: join them as they always do.
bennieandthez
joined 3 years ago
Has any executive uh ever been prosecuted for insider trading after stock buybacks?
Stock buybacks, where a company buys its own stock to inflate stock prices and reward shareholders, are reeaally common practices. Obviously, shareholders have to sell stocks to cash out.
lol elon fall from grace has been so satisfying to watch.
UBI in imperialist countries comes from the global south people labour.
This is where you realize that capitalists don't care about improving society, they just care about maximizing profit.
Full employment means full utilization of the productive forces of say society, but it also means there is a high demand for workers and a low supply thus the price of labour increases which is bad for business.
When an industry reaches a certain stage of development, capitalists make agreements with each other (economic cartels) effectively turning into monopolies and begin the cycle of destroying productive forces to increase profits. They reduce labour cost by doing massive layoffs, inflate the price of goods by decreasing production, etc... A very clear example of this is the oil cartel (OPEC), but it happens silently in every single sector.
UBI with capitalist relations of production is simply not sustainable.
Can we stop calling russian billionaires "oligarchs" but other billionaires as just "billionaires"? Both are oligarchs.
Ending slavery surely helps the slaves by simply removing a bunch of their jobs.
Unreal has similar business model, so Godot.
The inevitable outcome of propietary software.