I read that he sold his real estate and was staying in a place owned by another billionaire while looking for a place. That was a couple of years ago, I don’t really follow that fuckhead.
Capitalism, minus a strong guiding hand as described by Adam Smith, invariably leads to monopolies, or near enough. When that happens, either through a single strong monopoly or a small group of companies, the market doesn’t work and price gouging rises. You don’t have to look further back than the past couple years at inflation. Every study I have seen blames inflation almost completely on price gouging and market failing to work for consumers. Think record prices (and corresponding record profits) of companies across the board. If you want specific examples, check out the long history of Walmart and the negative effects its stores have on local competition and local earnings. Or the profit taking of gas companies. Or super market chains. Or…
People who love Capitalism always seem to have missed high school history/econ and have this ignorant belief that laissez-faire is the best. Even though proven to be shitty. This belief in trickle down bullshit has resulted in 50 trillion dollars going from the bottom 90% to the top 1%. If that’s not capitalism destroying itself, I’m not sure what else to say.
Or as Leonard Cohen sang so succinctly,“The poor stay poor, the rich get rich / that’s how it goes / everybody knows.”
<span style="color:#323232;">From WordNet (r) 3.0 (2006) [wn]:
</span><span style="color:#323232;">
</span><span style="color:#323232;"> liberalism
</span><span style="color:#323232;"> n 1: a political orientation that favors social progress by
</span><span style="color:#323232;"> reform and by changing laws rather than by revolution
</span><span style="color:#323232;"> 2: an economic theory advocating free competition and a self-
</span><span style="color:#323232;"> regulating market
</span>
Seems like the first definition is conservative-left. The second definition sounds like capitalism. Honest question here, but what am I missing?
I love watching the old Bird trash talking videos. I hated him back then just because I was a Lakers fan, but I had no idea he talked so much. James Worthy said,“Larry Bird was an asshole!”
Honestly you’d probably be fine with your original idea. But, that means you can’t charge your laptop while printing and, the 24v power supply I linked to is cheaper than your original idea.