There is SO much less global poverty today than there was just a century ago that it’s almost unbelievable. Poverty is not only not caused by billionaires existing, but there’s positive correlation between their increasing numbers and global poverty decreasing.
This is like continuing to argue that Internet porn causes rape to happen more, even after we can look at the stats and plainly see that the incidence of rape has plummeted as Internet porn became more ubiquitous.
Billionaires want all the money, fuck everyone else. Siding with billionaires means you want to be fucked over by someone who has no care for you. So siding with them makes you a traitor. There’s no allegiance to a class it’s just something that is, I find it bizarre that you assume that you can’t comprehend this.
Price tags are not money. The market value of assets appreciating does not remove a penny from anyone’s wallet. Likewise, those assets becoming less valuable (e.g. Bezos’s net worth dropped by over $20 billion this month) does not put money in anyone’s pocket. Billionaires objectively do not cause poverty. The correlation between poverty and the number of billionaires is literally in the opposite direction–more billionaires correlates with less overall poverty.
It’s not “siding with billionaires” to know the facts, and contradict ideologues who seek to replace those facts with their pet narrative.
However you justify it, it is still betraying your class. Still siding with billionaires. Stop projecting, you’re the one replacing facts with your pet narrative.
You could have just said “I’m an idiot” it would have saved time. Obviously that’s how reduction works.
No, I don’t know it. You don’t even give sources, just yeah you know it bro. Yeah, just trust me bro. I don’t trust you, so I’m not going to trust “and you know it”
I’m tired of listening to some kid spout regurgitated conservative shit.
Your logic dictates that if I buy a rookie baseball card for $5, the player has a great season and now my card is worth $100, that $95 must have been taken from one or more other people, because you believe that increases in net worth cannot occur without theft.
Pointing out that this makes no sense doesn’t require trust, just functioning logical thought processes.
Billionaires want all the money, fuck everyone else.
This seems very naive to me. In my experience, everyone wants all the money, fuck everyone else. Including my fellow working class. All of them. Every single one.
Siding with billionaires
I see no sides. I see no difference in kind between billionaires, my boss, my co-workers, my neighbours, homeless people, members of the local labour club, you, me or anyone. We’re all human beings and we all prioritise our own wellbeing over the wellbeing of others. Cooperation in society and ruthless greed are not mutually exclusive. Humans will cooperate when it’s beneficial and also stab their fellow humans in the back, step on them and exploit them when it’s beneficial.
you want to be fucked over by someone who has no care for you
That’s ridiculous, nobody wants that.
There’s no allegiance to a class it’s just something that is
If is there is no allegiance then there can be no traitor.
You are quite wrong. Most want enough money to be content in life. Billionaires want to sit on their dragon hoard of wealth, while shafting those on the bottom line.
If you see no sides then you are very ignorant. And no difference between the homeless and billionaires. Yeah fucking right. Billionaires get to just buy companies because they can, spend shit loads on lobbying for things they want. All while homeless people are fucked in a hundred ways. Its disgusting how many anti-homeless measures are being made. Just another reason hoarding wealth fucks everyone over.
Humans also rape, lie, steal, murder, etc… we work hard to jail and rehabilitate these people. So maybe we need to do it to the extremely wealth.
Nobody wants to be fucked over, obviously. But that is what is happening. Again ignorance is bliss.
Generations don’t exist, we just use it to generalize age groups. Classes don’t exist, yet we use them to describe wealth groups. Genders don’t exist, yet we use them to describe people. In every single case you can still be a traitor to something that groups you. I can be trans and say that all trans people (except me) are not valid, that would make me a traitor and a TERF. There are not always allegiances to ideas meant to group people. If you are not in the extremely wealthy class, then defending them is betraying what you are.
Billionaires want to sit on their dragon hoard of wealth
Having wealth and hoarding wealth aren’t the same thing. Hoarding implies isolation and withheld access. Someone keeping money under their mattress is hoarding that money. Someone who is investing in businesses in active operation within the economy is doing the exact opposite of hoarding.
There’s only a few ways to become a billionaire. Get money, get more money, and get even more money. Also be born into a family with lots of money. Just because some of that money is in assets, bonds, stocks, and such doesn’t mean that they don’t hoard the wealth. Investing in businesses only makes the stock holders richer it doesn’t trickle down. You don’t have to just shove it into a bank. The extremely wealthy don’t hoard money in a big pile, they just want to see their net worth go up. So I’m not misusing the term hoarding, you just seem to not understand how the economy works.
There’s only a few ways to become a billionaire. Get money, get more money, and get even more money.
Typically by creating something extremely popular, which in turn becomes valued at much more than it cost you to create it.
Minecraft, for example, made its creator $2 billion when he sold it to Microsoft.
Also be born into a family with lots of money.
Not really; statistically, 70% of generational wealth is gone by the second generation, 90% by the third. Inheritors, generally speaking, spend what they inherit, they don’t hold onto it for the next generation to inherit it again. Again, opposite of hoarding.
Just because some of that money is in assets, bonds, stocks, and such doesn’t mean that they don’t hoard the wealth.
Yes, it does. The only way to hoard money is to not spend it. No billionaire has a Scrooge McDuck vault full of cash. Billionaires don’t hoard–ironically, hoarding money will only ever decrease your net worth, unless your currency is in deflation, in which case you’ve got bigger problems.
Investing in businesses only makes the stock holders richer it doesn’t trickle down.
You’re acting like businesses exist in some separate reality from the rest of the population. The businesses profit by offering goods and services that the market wants. That is what makes the share price go up, and in turn makes stock holders wealthier. Buying shares all by itself doesn’t do shit.
‘Stockholders get wealthier when the business is having a positive impact on the economy by giving the market something it wants’ isn’t exactly the argument you think it is.
they just want to see their net worth go up.
And spending (already-taxed) money to buy stuff that then proceeds to become more valuable, is not an act that deprives anyone else’s wallet of a single penny.
Most want enough money to be content in life. Billionaires want to sit on their dragon hoard of wealth, while shafting those on the bottom line.
All, including billionaires, want to ensure the survival of their genes. Wealth is sexually attractive. At no point does more wealth stop being attractive. So everyone wants as much money as they can get. That doesn’t mean they’re necessarily prepared to do what’s required to get it (murder, exploitation, etc.) but they want the money.
And no difference between the homeless and billionaires. Yeah fucking right.
I didn’t say no difference, I said no difference in kind.
Nobody wants to be fucked over, obviously. But that is what is happening.
Indeed.
In every single case you can still be a traitor to something that groups you.
I disagree.
If you are not in the extremely wealthy class, then defending them is betraying what you are.
That’s ridiculous. If a person defends the extremely wealthy honestly then that isn’t betraying what they are, that is what they are.
I’m tired of your ignorance, maybe try reading a book or using critical thinking. Otherwise you’ll just stay a sad, ignorant person sucking billionaire dick and getting nothing in return but bing fucked over.
I’ve simply pointed out the reality of the siuation
(x) doubt.
Nice to see your bets so hedged. /s
But even if you were correct: Shouldn’t we as a society remove the system which enables people to monopolize power, if it’s “human nature” to exploit others?
Shouldn’t we as a society remove the system which enables people to monopolize power, if it’s “human nature” to exploit others?
The moral judgement is irrelevant here. It makes no difference. “We” cannot stop human beings from gaining power over others so the question is moot. Your assumptions are unfounded.
It’s not owning allegiance to your class. It’s giving a shit about your fellow humans.
It’s wanting a government and economy that allows the vast majority to have a nice life, and not insisting that millions should suffer so that a tiny fraction of the most wealthy people least in need of money can take the massive net worth they will never spend and add a zero to the end of it.
no one was poor back when there were no billionaires
Whipping out my inflation adjustment calculator and…
It appears this is a lie on two fronts.
There’s way more poverty in the world today compared to 100 years ago.
The extremely hard to swallow pill that westerners struggle with is the impact anti-colonial movements of the 50s and 60s had in drastically reducing poverty globally.
People love to talk about changes in poverty in the Imperial Core. Nobody really wants to think about Bolivia or Vietnam or the enormous plunge in the poverty rates in Russia and China following WW2.
Worse still, any discussion of poverty in Europe following the collapse of the USSR relative to the rising tide of prosperity in Africa, Latin America, and the Pacific Rim is just completely off the table.
Yeah, no one was poor back when there were no billionaires. There’s way more poverty in the world today compared to 100 years ago.
EDIT: Apparently the /s is necessary for you slowpokes, lol
Class traitor
Reality traitor.
There is SO much less global poverty today than there was just a century ago that it’s almost unbelievable. Poverty is not only not caused by billionaires existing, but there’s positive correlation between their increasing numbers and global poverty decreasing.
This is like continuing to argue that Internet porn causes rape to happen more, even after we can look at the stats and plainly see that the incidence of rape has plummeted as Internet porn became more ubiquitous.
Hahaha nice try. Keep taking free meals from hungry kids and burn in hell
???
Stop skipping your pills.
Based and capitalpilled lol
I find it bizarre that you think one can be a traitor to one’s class. Please tell me, how is a class something which can even be owed allegiance?
Billionaires want all the money, fuck everyone else. Siding with billionaires means you want to be fucked over by someone who has no care for you. So siding with them makes you a traitor. There’s no allegiance to a class it’s just something that is, I find it bizarre that you assume that you can’t comprehend this.
Price tags are not money. The market value of assets appreciating does not remove a penny from anyone’s wallet. Likewise, those assets becoming less valuable (e.g. Bezos’s net worth dropped by over $20 billion this month) does not put money in anyone’s pocket. Billionaires objectively do not cause poverty. The correlation between poverty and the number of billionaires is literally in the opposite direction–more billionaires correlates with less overall poverty.
It’s not “siding with billionaires” to know the facts, and contradict ideologues who seek to replace those facts with their pet narrative.
However you justify it, it is still betraying your class. Still siding with billionaires. Stop projecting, you’re the one replacing facts with your pet narrative.
You could have just written “nuh uh!” and saved some time, since that’s the essence of what you’re saying here.
Everything I said was factual, and you know it.
You could have just said “I’m an idiot” it would have saved time. Obviously that’s how reduction works. No, I don’t know it. You don’t even give sources, just yeah you know it bro. Yeah, just trust me bro. I don’t trust you, so I’m not going to trust “and you know it” I’m tired of listening to some kid spout regurgitated conservative shit.
Your logic dictates that if I buy a rookie baseball card for $5, the player has a great season and now my card is worth $100, that $95 must have been taken from one or more other people, because you believe that increases in net worth cannot occur without theft.
Pointing out that this makes no sense doesn’t require trust, just functioning logical thought processes.
This seems very naive to me. In my experience, everyone wants all the money, fuck everyone else. Including my fellow working class. All of them. Every single one.
I see no sides. I see no difference in kind between billionaires, my boss, my co-workers, my neighbours, homeless people, members of the local labour club, you, me or anyone. We’re all human beings and we all prioritise our own wellbeing over the wellbeing of others. Cooperation in society and ruthless greed are not mutually exclusive. Humans will cooperate when it’s beneficial and also stab their fellow humans in the back, step on them and exploit them when it’s beneficial.
That’s ridiculous, nobody wants that.
If is there is no allegiance then there can be no traitor.
You are quite wrong. Most want enough money to be content in life. Billionaires want to sit on their dragon hoard of wealth, while shafting those on the bottom line. If you see no sides then you are very ignorant. And no difference between the homeless and billionaires. Yeah fucking right. Billionaires get to just buy companies because they can, spend shit loads on lobbying for things they want. All while homeless people are fucked in a hundred ways. Its disgusting how many anti-homeless measures are being made. Just another reason hoarding wealth fucks everyone over. Humans also rape, lie, steal, murder, etc… we work hard to jail and rehabilitate these people. So maybe we need to do it to the extremely wealth. Nobody wants to be fucked over, obviously. But that is what is happening. Again ignorance is bliss. Generations don’t exist, we just use it to generalize age groups. Classes don’t exist, yet we use them to describe wealth groups. Genders don’t exist, yet we use them to describe people. In every single case you can still be a traitor to something that groups you. I can be trans and say that all trans people (except me) are not valid, that would make me a traitor and a TERF. There are not always allegiances to ideas meant to group people. If you are not in the extremely wealthy class, then defending them is betraying what you are.
Having wealth and hoarding wealth aren’t the same thing. Hoarding implies isolation and withheld access. Someone keeping money under their mattress is hoarding that money. Someone who is investing in businesses in active operation within the economy is doing the exact opposite of hoarding.
Stop misusing this term.
There’s only a few ways to become a billionaire. Get money, get more money, and get even more money. Also be born into a family with lots of money. Just because some of that money is in assets, bonds, stocks, and such doesn’t mean that they don’t hoard the wealth. Investing in businesses only makes the stock holders richer it doesn’t trickle down. You don’t have to just shove it into a bank. The extremely wealthy don’t hoard money in a big pile, they just want to see their net worth go up. So I’m not misusing the term hoarding, you just seem to not understand how the economy works.
Typically by creating something extremely popular, which in turn becomes valued at much more than it cost you to create it.
Minecraft, for example, made its creator $2 billion when he sold it to Microsoft.
Not really; statistically, 70% of generational wealth is gone by the second generation, 90% by the third. Inheritors, generally speaking, spend what they inherit, they don’t hold onto it for the next generation to inherit it again. Again, opposite of hoarding.
Just because some of that money is in assets, bonds, stocks, and such doesn’t mean that they don’t hoard the wealth.
Yes, it does. The only way to hoard money is to not spend it. No billionaire has a Scrooge McDuck vault full of cash. Billionaires don’t hoard–ironically, hoarding money will only ever decrease your net worth, unless your currency is in deflation, in which case you’ve got bigger problems.
You’re acting like businesses exist in some separate reality from the rest of the population. The businesses profit by offering goods and services that the market wants. That is what makes the share price go up, and in turn makes stock holders wealthier. Buying shares all by itself doesn’t do shit.
‘Stockholders get wealthier when the business is having a positive impact on the economy by giving the market something it wants’ isn’t exactly the argument you think it is.
And spending (already-taxed) money to buy stuff that then proceeds to become more valuable, is not an act that deprives anyone else’s wallet of a single penny.
I disagree.
All, including billionaires, want to ensure the survival of their genes. Wealth is sexually attractive. At no point does more wealth stop being attractive. So everyone wants as much money as they can get. That doesn’t mean they’re necessarily prepared to do what’s required to get it (murder, exploitation, etc.) but they want the money.
I didn’t say no difference, I said no difference in kind.
Indeed.
I disagree.
That’s ridiculous. If a person defends the extremely wealthy honestly then that isn’t betraying what they are, that is what they are.
I’m tired of your ignorance, maybe try reading a book or using critical thinking. Otherwise you’ll just stay a sad, ignorant person sucking billionaire dick and getting nothing in return but bing fucked over.
ROFL
A class traitor is someone who acts counter to their class-interests. No allegiance required.
Yet you defend a system which fucks you and the rest of the working class over.
So not actually a traitor then, I see.
I’ve simply pointed out the reality of the situation, I haven’t stated any judgement about it.
Linguistics prescriptivism is bullshit.
(x) doubt.
Nice to see your bets so hedged. /s
But even if you were correct: Shouldn’t we as a society remove the system which enables people to monopolize power, if it’s “human nature” to exploit others?
I don’t know what that means.
The moral judgement is irrelevant here. It makes no difference. “We” cannot stop human beings from gaining power over others so the question is moot. Your assumptions are unfounded.
You’re just telling on yourself.
https://ccnmtl.columbia.edu/projects/mmt/mxp/speeches/mxt17.html
That’s not an answer to my question.
They’re explaining what a class traitor is. No allegiance required.
I didn’t ask what a class traitor is.
You clearly didn’t understand the term when asking your allegiance question. That question doesn’t make any sense.
It’s perfectly answers what a class traitor is, but if I directly quote Malcolm X, I’ll probably get my comment deleted.
I didn’t ask what a class traitor is.
It’s not owning allegiance to your class. It’s giving a shit about your fellow humans.
It’s wanting a government and economy that allows the vast majority to have a nice life, and not insisting that millions should suffer so that a tiny fraction of the most wealthy people least in need of money can take the massive net worth they will never spend and add a zero to the end of it.
Whipping out my inflation adjustment calculator and…
It appears this is a lie on two fronts.
The extremely hard to swallow pill that westerners struggle with is the impact anti-colonial movements of the 50s and 60s had in drastically reducing poverty globally.
People love to talk about changes in poverty in the Imperial Core. Nobody really wants to think about Bolivia or Vietnam or the enormous plunge in the poverty rates in Russia and China following WW2.
Worse still, any discussion of poverty in Europe following the collapse of the USSR relative to the rising tide of prosperity in Africa, Latin America, and the Pacific Rim is just completely off the table.
looks aggressively at the richest men in American history, both about 100 years ago
Wait… so there’s more poverty now than when “there were no” billionaires?..
You literally contradict yourself in two sentences 😆
Looks like /s is still a requirement for people to understand you’re being sarcastic, lol
or perhaps your joke was shit
The only joke is the economically-ignorant thinking billionaires are the reason poverty exists, lol
this has to be one of the most ironic things i’ve read
Okay, so you don’t know what “irony” means, either, lol.
sure thing bud