I don’t know how I feel about it. On one hand, it makes for less of an echo chamber. On the other hand, their thoughts are fucking stupid and it hurts my brain to see them.
Man I am kinda sorry, that I invade your worldview.
But rich people don’t have all their money stored in a vault like Dagobert Duck. It’s all stocks.
And boy, if one of the companies make losses, then their money goes downhill. It’s volatile.
And due to immense concurrence in innovation in the tech sector, every investor has a huge interest in innovation.
And with many investment, the start of a company is ensured.
The current capitalism is the system that works best.
Especially the US capitalism is one hell of a driver in innovation.
I live in Germany and many companies wouldn’t be possible here. Even though we have capitalism, it’s much softer than its US counterpart.
The downside of course is poverty for cheaper labour.
And that’s brutal, but it’s the reality we live in.
Though I wouldn’t want to live in the US without healthcare, on the counter side I wouldn’t want to start a company here in Europe.
UserDoesNotExist, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone on this website is now dumber for having read it. I award you one downvote, and may God have mercy on your soul.
I give you that. Just a few were directly involved in innovation.
But the rich do quite successfully create the framework conditions for innovation and development.
Mostly driven by profit, but a world based purely on goodwill fails at the first doubter, the first who does not want to participate.
So capitalism is what we got. And so far it has proven to be more resilient than other systems.
The demand side of the economy is the consumer population. The consumers decide what they do and do not want to purchase, therefore driving demand.
“Infinite need” implies that infinite supply could exist, or that infinite growth is sustainable, both of which are not true. Infinite need also doesn’t exist.
I will argue that people (for example) needing clean water increases the demand for clean water. This is why companies like Nestle are profiteering off of selling bottled water, and why the CEO said that water should not be a human right.
Wait. But someone has to bottle the water, right? Or is nestle supposed to do it for free?
Furthermore they have to compete with tap water. So the value of bottled water can only be the water itself + bottle + energy used to fill bottle + interest because their “service” is not for free. There is a justified interest to make a profit from one’s efforts.
It’s not happening.
It’s happening but it’s all cyclical.
It’s not cyclical this time but it’s not our fault.
It’s our fault but global warming is good ackshually.
Global warming is bad but there’s nothing we can do about it.
We could do something about it but it’s too expensive/late.
Maybe it’s not too expensive but THE CHINESE!
What I hear some acquaintances say is like “who cares, I’ll go to the beach, turn the AC on, what’s the big deal” .
As if the floods we had in Italy this year, or the wild fires, or the storms, or the draughts, or the Alps without snow, the glaciers disappeared, the sea turned green, the invasion of jellyfish weren’t connected.
Some people, most people, are just too fucking stupid.
Man, I’m so glad this global warming thing is leftist propaganda or I’d really be freaking out right now.
Luckily, we can choose to reject reality and believe whatever makes us feel better.
I feel best believing the biosphere is gonna force humanity to “find out” for the last century of fuckin around with a recklessly unplanned terraform.
Love how the collective of humanity needs to find out because the richest few fucked around.
You can always find these people and make them find out. They are actively committing genocide against the human race.
But the rich are supplying a demand. And a ton of innovation wouldn’t be there without them.
Imagine thinking CEOs drive innovation lmao
Why does it seem like there are a ton more conservatives here on Lemmy than there were on Reddit?
My theory is they just had a habit of getting banned so they weren’t as visable
I don’t know how I feel about it. On one hand, it makes for less of an echo chamber. On the other hand, their thoughts are fucking stupid and it hurts my brain to see them.
But they kinda do. Imagine Samsung or Apple stopping innovation. Company goes bankrupt.
Oh brother
Man I am kinda sorry, that I invade your worldview.
But rich people don’t have all their money stored in a vault like Dagobert Duck. It’s all stocks.
And boy, if one of the companies make losses, then their money goes downhill. It’s volatile.
And due to immense concurrence in innovation in the tech sector, every investor has a huge interest in innovation.
And with many investment, the start of a company is ensured.
The current capitalism is the system that works best.
Especially the US capitalism is one hell of a driver in innovation. I live in Germany and many companies wouldn’t be possible here. Even though we have capitalism, it’s much softer than its US counterpart.
The downside of course is poverty for cheaper labour.
And that’s brutal, but it’s the reality we live in.
Though I wouldn’t want to live in the US without healthcare, on the counter side I wouldn’t want to start a company here in Europe.
btw they do store a lot of their money in vaults where it doesnt benefit the economy at all.
This is in the form of expensive art that stays in containers in tax-free zones, and offshore accounts in tax havens.
Please educate yourself.
https://archive-yaleglobal.yale.edu/content/how-wealthy-sell-treasures-tax-free
https://www.icij.org/inside-icij/2017/09/7-charts-show-how-rich-hide-their-cash
https://en.wikipedia.org/wiki/Panama_Papers
https://academic.oup.com/ser/article/20/2/539/6500315
UserDoesNotExist, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone on this website is now dumber for having read it. I award you one downvote, and may God have mercy on your soul.
Ribbit
I give you that. Just a few were directly involved in innovation.
But the rich do quite successfully create the framework conditions for innovation and development. Mostly driven by profit, but a world based purely on goodwill fails at the first doubter, the first who does not want to participate. So capitalism is what we got. And so far it has proven to be more resilient than other systems.
Are you sure it’s not the demand driving the demand? The rich are the supply-side of “supply and demand”.
Demand driving the demand?
Does needing something increase the need for it by itself into infinite need?
The demand side of the economy is the consumer population. The consumers decide what they do and do not want to purchase, therefore driving demand.
“Infinite need” implies that infinite supply could exist, or that infinite growth is sustainable, both of which are not true. Infinite need also doesn’t exist.
I will argue that people (for example) needing clean water increases the demand for clean water. This is why companies like Nestle are profiteering off of selling bottled water, and why the CEO said that water should not be a human right.
Wait. But someone has to bottle the water, right? Or is nestle supposed to do it for free?
Furthermore they have to compete with tap water. So the value of bottled water can only be the water itself + bottle + energy used to fill bottle + interest because their “service” is not for free. There is a justified interest to make a profit from one’s efforts.
My uber driver said that global warming is actually true but have literally nothing about human influence.
Some years ago these persons were saying that global warming was a hoax, now that only the human influence is a hoax.
Ahhh, yes. The conservative backpedalling.
It’s not happening. It’s happening but it’s all cyclical. It’s not cyclical this time but it’s not our fault. It’s our fault but global warming is good ackshually. Global warming is bad but there’s nothing we can do about it. We could do something about it but it’s too expensive/late. Maybe it’s not too expensive but THE CHINESE!
In stage one we say nothing is going to happen.
Stage two, we say something may be about to happen, but we should do nothing about it.
In stage three, we say that maybe we should do something about it, but there’s nothing we can do.
Stage four, we say maybe there was something we could have done, but it’s too late now.
Had a argument with a person on YouTube, he thought that increased CO2 in the atmosphere would be beneficial. It would help plants grow better!
Also that humans was not behind it.
They might grow bigger, but I don’t think they grow better. Veritasium did a video about the increase in CO2 having an effect on plants.
What I hear some acquaintances say is like “who cares, I’ll go to the beach, turn the AC on, what’s the big deal” .
As if the floods we had in Italy this year, or the wild fires, or the storms, or the draughts, or the Alps without snow, the glaciers disappeared, the sea turned green, the invasion of jellyfish weren’t connected.
Some people, most people, are just too fucking stupid.
Ribbit