Problem or opportunity?
Allum Bokhari contemplates the corporate culture wars:
From coffee machine manufacturers to social media giants to the NFL, progressive virtue-signalling has infected every inch of global corporate culture. It is now the most dangerous opponent of freedom in the west, threatening both the Trump agenda and freedom of speech. How did it start? How can it end?What this is doing is creating tremendous opportunities as big corporations intentionally cut themselves off from significant portions of their markets. We're seeing it play out with Marvel/DC right now! This is not something to mourn, complain about, or fight, this is something to exploit.
This week, the story is coffee machine maker Keurig, which pulled ads from Sean Hannity’s show at the prompting of Media Matters, and is now facing a conservative backlash of NFL-size proportions. But it isn’t just one or two companies engaging in virtue-signalling, it’s practically all of them. It’s Pepsi, which panders to antifa in its ads. Its Heineken, which salutes open borders in their adverts. It’s Twitter. It’s Starbucks. It’s KLM airlines. Despite vast differences in their products, services, and consumers, every industry seems to have the same virtue-signallers.
From the moment of Trump’s inauguration, corporations have been engaged in a frantic struggle to block his agenda. White House globalist-in-chief Gary Cohn, along with the now-disbanded CEO council, did everything they could to blunt the President’s trade policies and prevent him from exiting the Paris Climate Agreement. The same CEO council, along with Cohn, sought to pressure Trump with a series of resignations following his response to a combination of racist white nationalist and Antifa violence in Charlottesville.
And that’s corporations playing nice. When their values are threatened by people who do not sit in the Oval Office, they do far more than simply resign. Earlier this year, after being spooked by mainstream news articles claiming YouTube was a cesspit of terrorism and hate speech, corporations promptly yanked their ads from the platform en masse.
Revenues plummeted overnight, and YouTube quickly added stringent new systems that prevent even remotely controversial content from receiving ad revenue. Once, the platform was a place where bold, independent commentators could develop healthy incomes without answering to any old media gatekeeper. Now, even YouTube’s politest fast food reviewer is having trouble keeping his ad revenue, as the platform introduces ever-stricter language codes. One tantrum from corporations was all it took for free speech on one of the web’s most promising platforms to be all but snuffed out.
Labels: corpocracy, SJW
78 Comments:
Since this covers the Global Warming Paris deal this rent seeking is related:
Surplus solar power causes rate prices to rise
"The federal government enacted PURPA in 1978 during America's energy crisis, partly to encourage greater use of renewable energy. The law requires utilities, like Idaho Power, to buy all the power generated from small, independent projects, like wind and solar, even if the utilities don't need the extra power to meet customer demand."
http://www.ktvb.com/news/local/verify-is-a-potential-idaho-power-rate-increase-really-linked-to-a-surplus-of-renewable-energy/434682886
Hannity gave Black Rifle Coffee Co. a big plug yesterday on Tritter, just before I became a Bot again.
Hi Vox, did you see the new Hijab Barbie? https://www.npr.org/sections/thetwo-way/2017/11/14/564122224/barbie-heads-into-new-ground-with-hijab-sporting-doll
As the parent of a young girl, I never really planned on buying my daughter barbies, but this cemented my take on the toy.
If you look at the map of media companies, survey companies, and major corporation headquarters: it's mostly Hillary counties. They literally cannot 'see' regular America: the media sees each other daily, they read slanted surveys, the heads of corporations live in these bubbles.
These are not founders, for the most part.
This is like having a blindspot that is the size of your eyeball, not a spot. Literally every category of product is up for grabs by new companies. EVERYTHING.
Soup, cereal, makeup, car parts, all of it, every last little bit of it, can be sold online,on novel platforms that major companies and major media are not involved in, at all, in any way.
The Kardashians have a television show: they also each have instagram accounts, twitter accounts, tutorial accounts where they support the work of makeup artists. After that beach-head in people's minds, they established websites, they got into regular magazines, and on from there. But they started at free, online, tutorials. and porn, but still......free came first.
Nobody needs to buy Heinz ketchup- thereby supporting the Tides Foundation- if someone else made a different brand. Sell through online, on Amazon, on your own, - then worry about stores. Every product is up for grabs.
It's almost as if the Founding Fathers warned about cooperations and their evil.
There was a time when there were independent stockholders who owned their companies. Look at the major stockholder list of any of the companies that are big on virtue signaling or any other major company. The same large funds will top the list. I don't think that that's a coincidence. I think that the virtue signaling is driven by a lack of accountability beyond the quarterly stockholder call and the attitudes of the money managers that live in the outskirts of New York. So look at what we were and weep.
Lots of opportunities, but one has to think in a much more agile form.
Big thing for the Web is still payment processing. Patreon is doing something like 1-2 million per month for creators, while the top F2P games are doing that per day. (YouTube could save itself by setting up its own micro-transaction system, btw.)
Also, the Adpocalypse has gone through waves. The post-election one wasn't the first, it was just bigger.
See, that is why I like capitalists, real ones. The Internet, in truth, is modeled after capitalism. Where there is a bottle-neck is where gold is. First in the unmet need, then by unit in massive sales at working stiff prices. You get richer in small margins with vast demand. Ride that wave. Working around bad systems is what capitalism and the Internet are designed to do. Those genies will never fit back in the bottle.
Volvo also pulled adds from Hannity
http://www.thedailysheeple.com/volvo-pulls-ads-from-hannitys-show-citing-moore-coverage_112017
OT:Corey Feldman names Alphy Hoffman
http://www.thedailysheeple.com/corey-feldman-names-2nd-abuser-a-current-hollywood-insider-who-owned-an-elite-club-for-children_112017
Daniel Bendele wrote:Hi Vox, did you see the new Hijab Barbie?
I saw that years ago as a parody. This is why parodies of SJW ideas is a bad thing. It inspires them to new heights of insanity.
Is there anything in economic theory that takes this type of corporate behavior into account?
Is virtue signalling comparable to malinvestment in capital goods in terms of outcome?
Is there anything in economic theory that takes this type of corporate behavior into account?
No, quite the opposite, actually. They are supposed to be perfectly rational actors only interested in maximizing their profits by increasing their sales and reducing their costs.
It's all bullshit, obviously.
Who cares if Pepsi panders to antifa? Stop drinking any brand of soda! The stuff is terrible for the body. Drink water instead.
Social justice does not create. It can only subvert, wreck and destroy.
All large corporations were faced with laws, rules and regulations that led to massive HR departments and many affirmative action hires. They faced mandatory quotas in other words.
Now the SJWs inside the corporations are destroying them as has been pointed out here many, many times. But at the root of the problem is the incentive to go left-wing and hire the losers that the quotas demand.
Now the competent men have been mostly run off and the losers are running the show.
Opportunity is out there, yes indeed -- but don't forget you will ruin your endeavor if you have to hire by quota.
@3 Daniel Bendele
Hijab Barbie
Suicide belt sold separately.
Somewhat related, in that Disney is one of the major pushers of this diversitydrug.
My IMDB review of Thor: Ragnarok:
"Visually Stunning, Great Acting. Too bad the story just fell flat"
4/10
Seems to be a recent trend in adventure/superhero movies to have this theme of diversity and multiculturalism and tolerance as this pinnacle of a society, and the villain or conflict coming from those who want to resist that.
Fine, if you're five years old. But if anyone has paid any attention to global events over the past, say, five years, open borders hasn't exactly worked out so good and in fact is quite disastrous for those having to live 'on the ground level.'
So, basically, I am saying that I wish the producers would give the audience some credit and start writing some stories that actually reflect the world we are living in, if only allegorically through these movies.
This is actually a very good point. C Corps by Law are supposed to make decisions to maximize profits up to and including the sale of itself. Courts have repeatedly found in favor of shareholders who sue against corporate directors who knowingly choose financial options which limit or reduce profits. For example, a C Corp that chooses to sell to one buyer offering less than another bidder (like to a bidder that might have some separate relationship to the directors) can be stopped by shareholders who file a stay requiring a hearing. The second bidder offering more money to buy the Corp can even file a lawsuit to stop the sale to the lower bidder. These suits are filed frequently by shareholders of publicly traded companies but also of privately held corps, too.
All this to say, SJWADD. I don’t see the trend changing. If anything, I see more companies converting to B Corps in an effort to skirt the “profit laws” and continue the narrative.
Regardless, even a small company rejecting the SJW narrative can capture 0.5%-1% of some these markets and make $millions.
OPPORTUNITY
VD: I hope you start a thread on Thor: Ragnarok because this movie confused the hell out of me. Part of me thinks there is a subtext of assigning blame versus the stale and tired 'ask no questions, take them all in, bigot!' approach of old.
BBGKB wrote:OT:Corey Feldman names Alphy Hoffman
wake me up when he mentions someone I recognize.
australia has fallen to evil.
gay marriage is happening.
@Lovecraft, and remember when they decided to bring all the refugees to Norway? Lol!
Handsome Carl wrote:Who cares if Pepsi panders to antifa? Stop drinking any brand of soda! The stuff is terrible for the body. Drink water instead.
Yeah, but water has hormones and fluoride!
Thor: Ragnarok took the Thor character and made him into a slapstick bozo. Probably not worth a VD post. Seems like they tried to use "Deadpool" type humor and it just didn't fit.
Also, spoiler alert: For some reason Shrek is in Thor: Ragnarok? Apparently he can still turn into a human too.
Nigga we NEED IT!!!! Lol.
Lovekraft wrote:VD: I hope you start a thread on Thor: Ragnarok because this movie confused the hell out of me. Part of me thinks there is a subtext of assigning blame versus the stale and tired 'ask no questions, take them all in, bigot!' approach of old.
D In Comics thought this movie was great, probably a bad sign, as he seems to be controlled opposition in comics.
These guys should start selling their own machines!
https://www.blackriflecoffee.com/collections/mobile-bundles/products/complete-mission-fuel-kit
@3 Daniel Bendele
Hi Vox, did you see the new Hijab Barbie? https://www.npr.org/sections/thetwo-way/2017/11/14/564122224/barbie-heads-into-new-ground-with-hijab-sporting-doll
This one may be more reflective of reality: https://www.blazingcatfur.ca/2017/11/14/hijab-wearing-barbie-makes-her-debut/
@23: yes, we need to protect our precious bodily fluids. That said, it's not necessary to drink government water (aka tap water). You can buy other water without fluoride.
Absolutely right, Vox.
You studied economics, as I did, and we saw the tendency of the big fish to eat the small fish...making the big fish bigger still.
The only practical solution (other than anti-trust legislation) for the tendency toward the Last Man Standing was distance. If a new producer could find an underserved market, he could carve out a niche and the mega-seller would not bother. Distance was the best way to compete with Wal-Mart. (Yes, there are places that do not have a Wal-Mart.) Distance put the burden back on the near monopolist, making them eat more transportation costs in order to sell everywhere. There is a point where the local market is more economically served by a small competitor.
Innovation is another way to compete effectively with the market Goliath, but that solution is a bit more demanding. Innovation does not happen just because it needs to, it requires the spark of (at least momentary) genius.
But when the market giants decide to lop off some of their own market segments, it is no longer necessary to compete for them. They fall like over-ripe fruit into the apron of whoever happens to catch them.
It is true. The highly successful sellers can self-destruct and there may be a psychological law that says they will at some point. What makes the giants take their own life? Do they become complacent? Do they start believing the clowns in the public relations department and all that branding nonsense? We have witnessed this tendency for many years but there is no popular term to describe it.
Ariadne Umbrella wrote:These are not founders, for the most part.
That is correct.
Unfortunately the corporate structure is not setup to find true leaders/managers/visionaries. It is constructed to promote people who are good at towing their bosses line and ,all too often, good at deflecting blame away from themselves. This does not translate to a good CEO. Instead they continue towing the bosses line who at the CEO level is their top investors.
In almost all cases that consists of portfolio managers across 3-5 of the large investment banks. Those people time and again have demonstrated that they care little for building a lasting business model. It is always about making a quick buck and they will bend/break rules, traditions, communities, employees and smaller investors to do it. The fact that their personal politics also happen to be globalist/SJW just makes the situation that much worse.
Yes, Lazarus, there is. For example, makeup companies can increase consumers by promoting transgenderism. The wedding industry can benefit from gay marriage.
Tremendous opportunities!? Sheeeeeettt... I'm already running out of options. Cut my Starbucks because of their pro-invader stance and now Keurig too! Phuck! Is Dunkin Donuts still sane? Asking for a friend.
@24
Nigga, the entire MCU ALREADY did that since Thor Numero Uno! Ragnorak just kind of embraced that more and for that reason, it's the best Thor movie because it's such a guilty pleasure. Also, Kate Blanchet as Hela, while Hela slow and Hela weak just like Thor, actually had a *Gasp* Presence as a villain! Geeze! When was the last time we had that in the MCU?
Your current Dark Stream was taken off Periscope, mid-broadcast. Another opportunity?
DonReynolds wrote:What makes the giants take their own life?
There were giants in the earth in the days of noah. (Gen.6-4)
Matthew 24:37
But as the days of Noah were, so shall also the coming of the Son of man be.
Not by flood, but fire this time.
@4 Ariadne Umbrella
"Nobody needs to buy Heinz ketchup- thereby supporting the Tides Foundation- if someone else made a different brand."
Interesting business. Heinz is by no means a monopoly in ketchup. Hunts also makes the stuff, and they call theirs "catsup". Intense competition between the two sellers.
The so-called Tides Foundation is not actually a foundation. The Tides is a money laundering operation that enables Leftist and Radical wealthy individuals to make indirect grants to their favorite causes. They give the money to the Tides, which rakes off their usual fee, and the grant is made to the "non-profit community organization" without the donor being identified. What the Tides sells is anonymity to donors, who had rather avoid their name being publicly associated with Leftist causes. The Tides has very little money of their own. They are a convenient shell for radical donors.
Anybody else having problems accessing tonight's Periscope? I'm getting "Broadcast not found".
Fallout from the Twitter ban maybe?
Speaking of virtue signaling, the results of the Australian same sex marriage plebiscite are in:
61.6% yes
Note the near perfect Fibonacci ratio. Legislation expected in time for Christmas. Our leftist political party was against the plebiscite, not in fear of the results, but because now our governing non-right political party can take the credit.
We have a weekly show on the national broadcaster called Q&A. It consists of a panel of prominent peoples, usually a conservative whipping boy and various SJWs who then get to parade around the corpse of western civilization. Weekly parlance includes such edgy topics as marriage equality, climate change and islamophobia.
A while ago Peter Hitchens was the guest whipping boy at one of these banquets. A particularly vulgar homosexual man was accusing Peter of being repressed and literally Hitler. Peter said words to the effect of, "oh no, you've one, I accept that. It's all over bar the mass graves."
Reality has already passed judgement and is in the process of formulating a suitable punishment. You don't get to vote something that predates civilization out of existence without consequences.
It's all over bar the mass graves.
There will be war.
The West is dead.
Long live the West.
Onward to Victory.
Deus Vult.
*won not one.
WHY ARE YOU ALL STILL WATCHING MARVEL MOVIES?
Seriously, what happened to not supporting converged businesses?
@Rocklea: at least in NZ we can ignore this if we ensure that our church properties are not open to the public. Which we did.
I don't think your politicians are that smart. To be fair, neither is the current Kiwi Government.
I wait for the mandatory gay wedding in a Jihadi mosque.
I'm talking this through: being not a corporate person:but Heinz pays for Theresa Heinz Kerry. It's a vulnerable company in that salsa and that one black kid with brightly colored catsups took out some of their market share- enough to show up in Wikipedia as a reason they struggled.
They are a conglomerate, a company that's less than 100 years old- two generations, maybe three. That's literally just one company. I can find a catsup recipe in Mark Bittman's first giant cookbook- I've made it, in fact- it's good. But, again, that is literally one product. People buy very expensive coffee pods from former soldiers. Would they buy a glass jar of home-made ketchup, shipped to their house? Fulfilled by Amazon? Would they buy a new toothpaste? Hand lotion? Sugary cereal?
I mean, the hippies built out half the cereal aisle with sincere, fibrous, lecturey goodness. Why not sugary, bright cereals with new comic heroes? A local grocery here has "Duncan-Ohs"- Kevin Duncan on the box- it's like cheerios mixed with chocolate puffs. I like it. Alt-hero comics on the front, a sunday comic thing on the back, like the good old seventies crap cereal days? I'd buy it for my kids- teen boys with giant appetites.
Why not a small jeans company with a workroom in Georgia? That's what Reese Witherspoon has just done.
Or lipbalm? Or eye-shadows? Or furniture between Ikea and fine furniture?
I mean, people seem to have bright ideas. Why not start small, scale up, and then finance their political advocacy? All major lefty organizations have a factory behind them.
I'm talking this through: being not a corporate person:but Heinz pays for Theresa Heinz Kerry. It's a vulnerable company in that salsa and that one black kid with brightly colored catsups took out some of their market share- enough to show up in Wikipedia as a reason they struggled.
They are a conglomerate, a company that's less than 100 years old- two generations, maybe three. That's literally just one company. I can find a catsup recipe in Mark Bittman's first giant cookbook- I've made it, in fact- it's good. But, again, that is literally one product. People buy very expensive coffee pods from former soldiers. Would they buy a glass jar of home-made ketchup, shipped to their house? Fulfilled by Amazon? Would they buy a new toothpaste? Hand lotion? Sugary cereal?
I mean, the hippies built out half the cereal aisle with sincere, fibrous, lecturey goodness. Why not sugary, bright cereals with new comic heroes? A local grocery here has "Duncan-Ohs"- Kevin Duncan on the box- it's like cheerios mixed with chocolate puffs. I like it. Alt-hero comics on the front, a sunday comic thing on the back, like the good old seventies crap cereal days? I'd buy it for my kids- teen boys with giant appetites.
Why not a small jeans company with a workroom in Georgia? That's what Reese Witherspoon has just done.
Or lipbalm? Or eye-shadows? Or furniture between Ikea and fine furniture?
I mean, people seem to have bright ideas. Why not start small, scale up, and then finance their political advocacy? All major lefty organizations have a factory behind them.
As the consolidation continues, what will happen is that eventually there will be only one giant player in the given market sector - kind of like the "Big Three" automakers of an earlier era. These will be deemed by the governments owned by the cloud people as TBTF.
For whatever it's worth, Credit Suisse issued a recent report claiming that the 1% (and keep in mind the 1% universally back the entire globalist angenda) "own over 50% of the household wealth in the world". These are the folks who call the shots. I don't entire agree with Wallace's black-pill assessment here, and yes the illustration of everyone's favorite (((happy merchant))) distorts the reality as (((they))) make up only 10 to 20 percent of the billionaire slots (a disproportionate percentile still not explainable by either superior intelligence or work ethic, but more by criminality, racketeering and nepotism). Even Wallace admits in the article that the goyim in the list are if anything even worse than most of the (((tribe))) found on the list. Betcha something like 95% are consumers of exotic pizzas and guests at (((Epstein's))) Pleasure Island. As someone noted a few threads back, it's becoming increasingly evident that Eyes Wide Shut was more of a documentary than we realized.
In any case, the convergence only matter to a point. Once they become like Goolag, Amazon, Faceberg, etc. - it's only a matter of time before they're deemed as TBTF, and thus eligible for endless infusions of fake money as the owners of the counterfeiting enterprise add zeros to create it out of thin air.
Why is someone named "Allum Bokhari" even in our country at all?
There are makerspaces with machine tools and 3-D printers in many cities now. If your town doesn't have one, clearly it needs doing. It won't make anyone rich, but it will pay off.
Vox Day is absolutely correct in stating there is a massive opportunity for growth considering how pretty much all the major corporations are Leftist. Only if you don't get attacked by the state.
Don't you think there's a really good reason why every single corporation is leftist? It's because any form of discrimination against the Left or their lickspittle non-whites is brought to trial and put under what Frame Game Radio calls the "diversity industry." (Is on Youtube)
Not that this should discourage you, it should disgust you and make you angry, of course. My point here is that when facing an enemy with state power, it is insufficient to go lolbertarian. We need to create alternatives for companies, but we need to get people in charge who will ensure that our companies don't get destroyed by the diversity lobby.
@44, yes, exactly. The PTB are gearing up for a new round of neo-soviet* convergence right when the marketplace favours massive disruption.
* a council of workers, now SJWs instead, controls each centralized production node, and negotiates inputs and outputs via a complex mating dance of virtue signalling with other SJW councils in charge of other, giant, singular, production nodes. As we have seen however, this age belongs to Chaos and Kek.
@49, appropriate corporate structure, customer loyalty, and limiting scale in favour of localization/cells will make you completely immune to the komissars. That's the lolbertarian component. Then fund the fight for representation in the body politic and protection under the law - that part where the Right always falls down.
"gay marriage is happening."
No it isn't. Gay fakery is happening. In my opinion this is one of the longer term results of the state and the church attempting to claim authority that does not belong to them. First people pretend that the state and the church have authority to "marry" people and that this is the only valid form of marriage. This is one of the inevitable end-results of carrot/stick legality in the hands of anyone who is neither God nor faithful to him.
Gays can no more be married than pigs can fly, because marriage is neither created nor defined nor regulated by either the Earthly state or the corporeal Church.
Thinking otherwise is extremely similar to thinking that the Pope actually has the keys to heaven.
"My point here is that when facing an enemy with state power, it is insufficient to go lolbertarian. We need to create alternatives for companies, but we need to get people in charge who will ensure that our companies don't get destroyed by the diversity lobby."
We also need to ensure that any official interference is either heavily punished through official channels or dies unofficially and literally.
The Chinese words for crisis 危机 is just a word away from opportunity 机会. The more social justice pissants wreck the corporations they're feeding off, the more opportunities will arise for new blood.
Helps to also keep O'Sullivan's law in mind. "Any organization or enterprise that is not expressly right wing will become left wing over time."
VD wrote:Is there anything in economic theory that takes this type of corporate behavior into account?
No, quite the opposite, actually. They are supposed to be perfectly rational actors only interested in maximizing their profits by increasing their sales and reducing their costs.
It's all bullshit, obviously.
I'm going to dissent from Vox here. There are economic theories for this, once one is properly disabused of the notion that capitalism still exists in the west.
Galbraith predicted that corporations - a legal fiction intrinsically tied to state power, like fiat currency - would eventually form either monopolies, or oligopolies in that collude to suppress new competition. The result: a bi-modal economy with a "planning sector" made up of the monopolies/oligopolies and a "market sector" made up of smaller companies and industries where monopolies would be too inefficient.
Market economics more-or-less hold in the market sector. In the planning sector, however, ownership and control are separate, and in practice, ownership falls to the state - specifically the "deep state" made up of career politicians and bureaucrats, AKA the Managerial Class.
The system is essentially "fascism plus limited markets". The large corporations and the state are inextricably tied together; they depend on each other to exist, and will always support each other. Thus you see the federal government bailing out the big banks, the big banks lending money at negative interest to other corporations, and those corporations shoveling billions back into the government through donations and "speeches".
Some examples of the perverse incentives:
Diversity: Google makes money by having as many people as possible glued to their phones, computers and TVs. Diversity lowers social trust and causes people to "hunker down" - stay indoors, isolate themselves, and sit in front of their phone/computer/TV.
Welfare: The middle class likes to save. Facebook (for example) wants people to impulse-buy the shit they see in ads. Redistributing income from the low-time-preference middle class to the high-time-preference parasite class generates more consumers who spend more.
Think about it for a while and you'll see the same parallels with mass immigration, "global warming", even war. Economics isn't broken; economic incentives are broken because the demographics/culture/politics are broken, leading to almost tribal behavior among supposedly "market-driven" actors.
Papa John's have no idea what they're doing, which means they're doing a fantastic job of showing exactly what not to do:
https://twitter.com/PapaJohns/status/930588925835522049
Is there anything in economic theory that takes this type of corporate behavior into account?
Probably depends on whether you consider Public Choice Theory an economic theory or not.
But these CEOs are making decisions that bring them what they value - membership in the right clubs. The execs themselves have enough money already, they don't need more. Their shareholders might, but who gives a flying one about them?
Hijab Barbie
Suicide belt sold separately.
Labia and clitoris sold separately
@54 Lance E
"I'm going to dissent from Vox here. There are economic theories for this, once one is properly disabused of the notion that capitalism still exists in the west.
Galbraith predicted that corporations - a legal fiction intrinsically tied to state power, like fiat currency - would eventually form either monopolies, or oligopolies in that collude to suppress new competition."
John Kenneth Galbraith....known in my ex wife's family as "Uncle John"...was never an economist. None of his college degrees are in economics. His undergrad was in Animal Husbandry from a Canadian university and he went to Berkeley for a doctorate in Agriculture.
I have never met an economist who imagined a popular Leftist writer (which he is) would ever be considered an economist. He worked for the US Office of Price Administration during WWII and after the war they were desperate for people to teach economics to the GI Bill flood that hit the universities. That was how J.K. Galbraith got a teaching position in economics.
No, I never imagined that my wife was related to Galbraith until a couple of years later when visiting relatives in Michigan. It was not good news.
Nobody tell them they are making a huge mistake. This sort of slash and burn tactic is a great way to prepare the field for a fresh planting. From the ashes of the old a more nourishing crop may arise.
I was going to call bull on Gailbraith. That whole lot is just junk, not worth shooting down. In it's place? The simple fact that pleasing the ,gov is good for the bottom line for big biz, and supporting big biz where it seems to want to go, creating a dissonance loop as each gets bigger that has to end in partial or complete failure. With everything too big to fail(tm), corrupted, and in historically uncharted waters, everyone is afraid to hit the gas or breaks. They know it's coming. Can't get the big players to stop yanking the slots lever while doubling down on roullete losses. Why not go with immortality and sjwism, kill it all on the way out, they suppose.
Once again we're seeing the fruits of the dictum that once any entity becomes SJW converged then they lose track of their core purpose. These morons will run anything into the ground if given the chance.
That solar power thing Steve posted really made me chuckle. Who could cause the price to rise by creating a surplus? Leave it to the SJWs. They could screw up a one-car funeral.
@58
Sounds like genetic fallacy to me. Galbraith's predictions were accurate, regardless of his background.
Yes, he was a dyed-in-the-wool leftist bordering on communist. He liked his economic model, which I won't try to defend. But left-wing economists (or let's say economic writers, if you want to be credentialist about it) have turned out to be correct on some issues. One such issue is free trade. Another is incorporation, which the founders feared and has always been anathema to capitalism.
If you can find a better model than the managerial state to describe the economy of 20th-21st century American, or explain more specifically where Galbraith went wrong, then by all means please educate me.
I do not know why you believe the Founders of this country feared incorporation or that the corporation was "anathema to capitalism."
Had it not been for the joint stock corporation, there probably would not have been any British colonies in North America. Just some trading posts along the coast. The joint stock corporation made it possible to colonize North America. SOME of the Founders were very anxious about banking, but there was no general revulsion against corporations .... which were regulated to an increasing degree throughout American history.
Where did you ever get the idea that corporations were not capitalist, or that corporations were exempt from the same iron laws of economics as any other form of enterprise, or that the system of markets and prices in the USA has ever been contrary to capitalism or economics. Corporations are economic actors. Nearly all of them are privately owned. The owners expect to make a profit, selling a product or service, usually to the public or for export. I have seen nothing particularly weird in the 21st century thus far that would convince me that capitalism no longer exists in the West or that another economic system has come into existence, which has replaced mixed capitalism.
If you want to study political writers, that is fine by me. I do that too. But I know where politics ends and economics begins. Sometimes, it is difficult to keep them separate.
In one sense capitalism doesn't "work". It just de-selects failures faster than any other system. Vox' entry into comics, publishing, even social media, and his profiting by others convergence, is exactly why capitalism works, and exactly why the Left wants a fully regulated economy.
Converge, lose customers, vanish. They prefer, converge, customers are not legally permitted to buy elsewhere, UTOPIA ACHIEVED!
The more we keep politicians from running the economy, the more we win; and there easy is room for economic nationalism within capitalism.
"... or explain more specifically where Galbraith went wrong, then by all means please educate me."
As you note, a lot of his criticisms were accurate. You could say the same of Marx.
It was in his preferred [ahem] solutions that he went wrong.
As for capitalism, I note that capitalism is not (as the communists like to pretend) a system of government.
Capitalism is an emergent property of freedom, which occurs when the government is restrained from preventing and/or perverting it.
See also, the United States of America, 1779 to 1913.
"Capitalism is an emergent property of freedom, which occurs when the government is restrained from preventing and/or perverting it."
Parsing categories is really not that easy. Think of how many heuristics you can use describe "automobile" and how that can also change with time.
Watch Jordan Peterson and Jonathan Pageau discussing this:
https://www.youtube.com/watch?v=E5F4oOlAK8w
Because purveyors of superfluous crap, shoddiest wares,
and boldest lies, MUST manipulate, and cater to, the feelings of the broadest demographic of the lowest sense of reason, for their fair share of the windfall apples.
CaptDMO
Several otherwise blue pill friends and family have independently contacted me pointing out the absurd similarity of the traditional big three Christmas ads currently being aired on British TV.
Department stores giants Debenhams, John Lewis and Marks & Spencer, are all running ads that focus on race mixing relationships. No prizes for guessing the ethnicity/gender combination they all plumped for.
Debenhams: https://m.youtube.com/watch?v=VAqhBOJ7O1g
John Lewis: https://m.youtube.com/watch?v=Jw1Y-zhQURU
Marks & Spencer: https://m.youtube.com/watch?v=KfaSxIkLslE
The good news is that the comments below the ads point to a great awakening.
Like three women turning up to a party wearing the same dress, these virtual signallers are beginning to attract the kind of attention they hadn't counted on.
@ 68: start using that youtube report option. Likely nothing will come of it, but you never know.
Put it under 'harmful to children' category or something.
David Power wrote:Like three women turning up to a party wearing the same dress, these virtual signallers are beginning to attract the kind of attention they hadn't counted on.
Comment of the week goes to the guy who said "Have a Coudenhove-Kalergi Christmas!"
Scuzzaman wrote:Capitalism is an emergent property of freedom, which occurs when the government is restrained from preventing and/or perverting it.
See also, the United States of America, 1779 to 1913.
Rather earlier, I'm afraid. The Federalist agenda evolved into the Whig agenda, which was implemented BIG TIME without the brakes of southern patriots to stop it during and following Lincoln's war. The Progressive era was the inevitable result of the combination of unrestrained Federalism and the character and personality of the proto-Totalitarian descendants of the Puritans and Pilgrims.
And the nightmare continues...
Pepsi has always been SJW, even before SJW was cool, so no surprise there (plus, its product sucks). Heineken is as overrated as Bruce Springsteen, so who cares. IN fact, it is the perfect SJW beer - lightweight, no body, and bitter. Starbucks also was always SJW - interesting about Kuerig though - no true Starbucker would be caught dead consuming Kuerig brewed swill, and frankly, it makes pretty bad coffee but it is damn convenient.
Hijab Barbie questions - does she come with FGM kit? If she loses her hijab, does Moha-Ken doll get to behead her (and is ceremonial beheading sword sold separately)?
They prefer, converge, customers are not legally permitted to buy elsewhere, UTOPIA ACHIEVED!
Ha! You just described Obamacare in a nutshell!
Even corporate darlings like Tesla are not immune:
https://arstechnica.com/tech-policy/2017/11/tesla-facing-potential-class-action-lawsuit-for-racial-discrimination/
Reading the article, it comes across as Blacks vs Hispanics (no surprise there), and the only grownup in the room seems to be Elon Musk himself, who emailed to say that:
“Part of not being a huge jerk is considering how someone might feel who is part of [a] historically less represented group,” Musk wrote. “Sometimes these things happen unintentionally, in which case you should apologize. In fairness, if someone is a jerk to you, but sincerely apologizes, it is important to be thick-skinned and accept that apology.”
Elsewhere in the email he says:
"This doesn't mean that there is a different standard of performance, or that you can't give critical feedback."
Granted it is written in such a way it doesn't immediately trigger SJW's, but the essential message: work hard, meet objective standards and act like a grown up is certainly there.
c matt wrote:Hijab Barbie questions - does she come with FGM kit? If she loses her hijab, does Moha-Ken doll get to behead her (and is ceremonial beheading sword sold separately)?
"Some disassembly required."
Speaking of the enemy: Yet another reason Conservatives will need to go on helicopter rides, or better yet, to the tree-chippers when the time arrives.
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