#FreeMarkets
#CapitalismIsKillingYOU https://www.theguardian.com/environment/2023/aug/18/gigantic-power-of-meat-industry-blocking-green-alternatives-study-finds?CMP=share_btn_tw

This takes me back to the ill-fated Trans-Pacific Partnership (#TPP)

We had a golden opportunity to form an affirmative alliance that stood for #HumanRights, #Democracy, and #FreeMarkets. The American electorate killed the effort because #neoliberalism had failed to deliver the gains from #NAFTA broadly enough.

The #neoliberal project failed to account for (1) adaptation costs for economically displaced individuals, (2) labor & environmental standards, and (3) #resilience

@Richard_Hull

🧵3/5

"Today, German Chancellor #OlafScholz is expected to (...) announce a €9.9 billion #subsidy for the #microprocessor company, so that it sets up a plant in the German town of #Magdeburg."

"To put it bluntly, every German household will contribute €240 to do something that’s traditionally a core task of private enterprise — investing in new factories to meet demand."

Via #Politico
#PeakCapitalism #capitalism #freemarkets

the weekend before JPM bought First Republic, they lead a group of banks that gave FR $30B, and then they 'bought' the bank with a super low interest $50B loan from the FDIC. #FreeMarkets working as intended
#CapitalismIsKillingYOU #StrikeReady2024
https://www.cnbc.com/2023/05/01/jamie-dimon-jpmorgan-first-republic.html

Corporate political activity can shape #PublicPolicy, but it often comes at the expense of the public's interests. #Erb 's #CPR principles offer a checklist for evaluating these activities, including #legitimacy, #accountability, #responsibility, & #transparency. These principles do not prioritize outside stakeholders over shareholders, but require corporate leaders to avoid encroaching on the public interest.
https://www.promarket.org/2023/04/10/corporate-political-responsibility-in-a-captured-economy/
https://erb.umich.edu/partner-with-erb/erb-principles/
#CSR #ESG #ethics #FreeMarkets

How free market radicals are destroying democracy(video)..#FreeMarkets..#democracy https://youtu.be/8KXo5Pe0XpE

#Libertarianism #SiliconValley #FreeMarkets #PoliticalEconomy #Banks #Banking #Capitalism: "It’s not absurd for the federal government to try to keep bank depositors whole—it would indeed be a disaster if a lot of people didn’t get their paychecks because their employer’s bank failed. But now that libertarians have discovered that free markets can completely fuck people entirely unfairly, and that when they do the government needs to step in and fix the situation to reduce the unfairness and the unnecessary harm, it’s time to apply the principle consistently. Poverty is just as outrageous as a business losing access to its bank deposits, and there should be a similar level of urgency and outrage when people who are not Silicon Valley Bank depositors undergo economic hardship."

https://www.currentaffairs.org/2023/03/every-libertarian-becomes-a-socialist-the-moment-the-free-market-screws-them

On today's episode of The Realignment podcast, my son Marshall Kosloff interviews Naomi Oreskes and Erik Conway about their new book The Big Myth: How American Business Taught Us to Loathe Government and Love the Free Market. It’s an interesting book, although long (22 hours on Audible). But if you thought that market fundamentalism started with Milton Friedman, you're only off by ~100 years. Recommend the book and the podcast!
https://youtu.be/pmRb4HhoGnU
#Politics #FreeMarkets #Capitalism

@smeg

Bad for business means disrupting the predetermined winners. Customers are confused means customers aren't buying the predetermined preferred products as winners in the contrived fiction capitalists call the Free Market.

Even their occasional loud whining about the horrors of socialism and the catastrophe that "picking winners and losers" would be is just smokescreen to cover the ugly fact that they are reliant on both already.

They do so hate market competition and seem to use monopoly power and regulatory capture in a relaxed and open way that wants you to believe this is part of what healthy markets intend.

I agree with you, though. No one is confused by the milk labeling. The powerful just hate the idea of competing. Markets are ways to distract and wear down or entertain the weak so they won't have time or energy or interest left to question those who, to quote Tytler in a way that fulfills his famous prediction in a way I doubt he envisioned, have learned they can "vote themselves largesse from the public treasury".

This rot is, as Tytler predicted, putting Democracy at risk. And loss of Democracy extinguishes any hope of us having a say in our collective future or the health of the planet. Because the capitalists clearly don't care.

#milk #food #sustainability #markets #Monopoly #MonopolyPower #MarketCompetition #FreeMarkets #RegulatoryCapture #Tytler #Antitrust #Democracy

ThinkingAboutGoodNews #TAGN
https://arstechnica.com/tech-policy/2023/01/ftc-proposes-ban-on-noncompete-clauses-says-they-violate-workers-legal-rights/
it is about time that when people become more valuable and get paid more. That is what this is about. #freeMarkets #competition

Classical #Liberalism explained: What it is, What it means:

1) #Liberty as the primary political value
2) #Individualism
3) #Skepticism about power
4) Rule of Law
5) #Civil Society
6) Spontaneous Order (#Decentralization)
7) #FreeMarkets
8) Toleration
9) #Peace
10) #LimitedGovernment

https://invidious.sethforprivacy.com/watch?v=iU-8Uz_nMaQ

@Orangejuice @petergray47 What was particularly cruel was the adherence to Laissez-faire economics in the face of the devastation.

Anytime I hear the trumpeting of free markets as a solution to all of societies ills, I remind them of the epic failure that was #TheGreatHunger and how that tragedy makes the case for significant government intervention in times of crisis.

#FreeMarkets #Economics #Famine #IrishHistory

#BOSTON RUN BY #DEMOCRATS ? Democrats have a history of hating #SmallBusiness #Entrepreneurs and private #freemarkets in general.
The Boston city elites want to force #Walgreens to continue losing money and prohibit the closure of some of their stores, AND, prohibit them from opening new stores in the city unless they comply with their mandates.
FULL STORY HERE
https://m.facebook.com/story.php?story_fbid=pfbid0NmdHTLWP5YxiAuqusiXyn388fAB3TtqtN3ocY8sXFSV7SWwX4yCfZsyNJUL61HpUl&id=100064808645817

Quote of the day “Corporations, though creations of the democratic state, are said by neoliberal theorists to have no reciprocal responsibility to communities or employees, only to shareholders.”

Robert Kuttner, “Fee Markets, Besieged Citizens” NYRB vol 69, no12 (21 July 2022),p12

#democracy #FreeMarkets #RobertKuttner #neoliberalism #community #SocialResponsibility

Inspired from:

"Unless you are happy to entrust the future of life to the mercy of quarterly revenue reports, you need a clear idea what life is all about."

— Yuval Noah Harari

#harari #InvisibleHand #MeaningOfLife #FreeMarkets

Do the poor not need private property rights? - Daily Friend
https://dailyfriend.co.za/2022/11/15/do-the-poor-not-need-private-property-rights/

My latest column, dispelling some popular tropes about free markets. Do private property rights and free markets matter more for the rich than the poor? Examples from South Africa.

#SouthAfrica #Economics #FreeMarkets #PropertyRights #StreetVendors #Townships #FinancialCrisis

Satoshi Nakamoto’s Seminal Bitcoin White Paper Turns 14 Today

https://news.bitcoin.com/satoshi-nakamotos-seminal-bitcoin-white-paper-turns-14-today/

#ByzantineGenerals'Problem #triple-entryaccounting #cryptographicproof #BitcoinWhitePaper #SatoshiNakamoto #JamesA.Donald #12-pagepaper #metzdowd.com #Peer-to-peer #Cypherpunks #freemarkets #JackDorsey #LexFridman #WhitePaper #Halloween #Bitcoin #liberty #Oct.31 #News #BTC

> .. If the #Reaganites had permitted market forces to function in the 1980s, there would.. be no steel or automobile industries in the US.. nor machine tools.. semiconductors or automation or robotics,... The #Reagan Administration effectively closed the door to #Japanese competition and poured in plenty of public funds under the usual guise of security... broke new records for #protectionism.. boasted about it.. to the #business audience.
https://books.openedition.org/obp/2165?lang=en
#NoamChomsky #FreeMarkets

Inflation Expansion Act #inflationreductionact #inflation #economics #socialism #freemarkets

#economicfreedom
#FreeMarkets
#Fairtrade NOT "Free Trade"
#commonlaw
#entrepreneurship
#FreeMarketCapitalism
#BlackLivesMatter
#fossilfuelsmatter
#fossilfuel
#climateemergency Hoax

This is a fantastic conversation... worth listening to all the way to the end...

This woman is amazing. What true, vibrant power she possesses! 😍