Business, Economics, and Taxes: Capitalism. Yay? >=(

[BassAle]

On another note, it feels a bit odd having today off, like I should be doing something with the time. My new firm observes Veterans' Day, MLK Day, Washington's Birthday, and Juneteenth in addition to the usual holidays.

My company stopped observing "minor" holidays, so now the only ones officially observed by the company are New Years Day, Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas. Instead of the minor holidays, they gave everyone an extra 5 days of vacation per year to take whenever they want (previously these were "floaters", but unlike vacation time floating holidays couldn't roll over). It probably makes things easier now that we have operations in China and Japan.

So anyway, that means I'm working today.

[psych]

You are smart enough to know it isn't that easy. Fascism doesn't go away just cause economies fail...in fact they gain traction. If China screws this up the Right Shift worldwide will be massive.

But fascism also occurs when corporations are too big to fail, are so pervasive and persuasive that they’re as powerful, if not more powerful, than governments themselves.
I don’t want the entire economic order to collapse per se, but just rescuing these huge firms because they speculate beyond belief with borrowed money isn’t a good long-term solution either. They’ll just keep doing it over and over again.

[dxmnkd316]

But fascism also occurs when corporations are too big to fail, are so pervasive and persuasive that they’re as powerful, if not more powerful, than governments themselves.
I don’t want the entire economic order to collapse per se, but just rescuing these huge firms because they speculate beyond belief with borrowed money isn’t a good long-term solution either. They’ll just keep doing it over and over again.

Exxon having enough money to bribe Joe Manchin isn't fascism.

[Kepler]

They also gassed 12 million innocents...

You know. Some cost.

[Handyman]

But fascism also occurs when corporations are too big to fail, are so pervasive and persuasive that they’re as powerful, if not more powerful, than governments themselves.
I don’t want the entire economic order to collapse per se, but just rescuing these huge firms because they speculate beyond belief with borrowed money isn’t a good long-term solution either. They’ll just keep doing it over and over again.

I am not advocating for China to prop them up just like I didn't advocate for the US to prop up the banks. (Rover got very angry with me back in '08) but to pretend the 2 situations are the same is a ridiculous oversimplification.

Fascism isn't on the rise here because of corporate greed (though they enable it) it's because people are too blind and too stupid to stop it. dx is right Exxon being able to bribe Manchin isn't fascism it is the perfect outcome for Capitalism run amok. If the China economy fails it won't be just them that feel the brunt it will be the EU, the US, Britain and most of Asia. (many of whom are having similar Right Wing issues as us) We are talking possible Great Depression level crash and burn. (obviously that is the worst case scenario) The last time something like that happened we fought a World War over it.

[FadeToBlack&Gold]

But fascism also occurs when corporations are too big to fail, are so pervasive and persuasive that they’re as powerful, if not more powerful, than governments themselves.
I don’t want the entire economic order to collapse per se, but just rescuing these huge firms because they speculate beyond belief with borrowed money isn’t a good long-term solution either. They’ll just keep doing it over and over again.

No offense, but I hear a lot of this from righties lately. "The merger of big corporations and big government = fascism!" No, it doesn't, and that just proves you don't know what fascism is.

[psych]

No offense, but I hear a lot of this from righties lately. "The merger of big corporations and big government = fascism!" No, it doesn't, and that just proves you don't know what fascism is.

That’s…not what I was saying.

[FadeToBlack&Gold]

I have the most unusual Minnesotan coworker I've ever come across today.

He talks. A lot.

It's like working with a New Yorker, but he has an MN accent.

[Slap Shot]

I have the most unusual Minnesotan coworker I've ever come across today.

He talks. A lot.

It's like working with a New Yorker, but he has an MN accent.

You betcha!

[dxmnkd316]

I know plenty of motormouth minnesotans. Just not with people they don't know usually :-D (Even then there are some who are like that. Usually dirty transplants though.)

[Handyman]

I'm often told I talk too much...

[aparch]

I have the most unusual Minnesotan coworker I've ever come across today.

He talks. A lot.

It's like working with a New Yorker, but he has an MN accent.

Make him start talking for your amusement: https://vm.tiktok.com/ZM84v1Q6A/

[LynahFan]

I'm often told I talk too much...

Yes, but you shouldn’t take Kepler so seriously….

[Kepler]

Yes, but you shouldn't take Kepler so seriously.

I only reprimand Handy for quality, not quantity.

[Handyman]

I only reprimand Handy for quality, not quantity.

Physician heal thyself ;^)