#ADifferentBias

Water Companies Exposed in Illegal Dumping Scandal

10 min video

The farce of privatized utilities continues to play out as raw sewage release scandal only deepens in the UK. Remember how conservatives backed by neoliberal and neoclassical economists assured people in the US and UK that privatization was a holy good against bad bad public ownership of services? 🧵

https://youtu.be/fO2HxGpjj_Y

#uk #ecomomics #tory #toryFarce #WhatCapitalism

Why Does Flying Suck so Much? | Robert Reich
6 min video

I call it theft. Robert Bork’s anti-trust doctrine was adopted by the courts and it has lead to the wholesale economic destruction of the US. It has allowed consolidation so deep it has rendered even capitalism a joke. #WhatCapitalism ? It is one more example of why neo-classical economics is an incompetent farce.

This criminal thievery must be repudiated.

https://youtu.be/eTzaMXXelew

#uspol #economy #economics

#MorePerfectUnion

I Used To Make $100K As A Trucker. Now I Make Minimum Wage.

10 min video

This is the “optimized” prosperity of capitalism of conservatives. It’s a joke.

They take what they want and leave people to die.

https://youtu.be/2XJlJqda8mM

#economy #uspol #WhatCapitalism

Cartels like Cargill exterminated entire markets of buyers and sellers.

Within their “estate” there is no price discovery, just totalitarian command and control industry bleeding every lost soul from farmer to consumer dry.

Again #WhatCapitalism ? None of the supposed pillars remain standing. Especially the delusion of optimizing prosperity

It’s so blatant even investment bankers are remarking about it. The rich destroyed capitalism. Shorn of its pillars, the only traits left are plutocratic ones of feudalism: wild exploitation of the wealthy overlords till the peasantry is ruined financially. That’s what libertarians and an-caps have achieved. Atta boyz!
Investment Bank Says Capitalism Is COLLAPSING | The Kyle Kulinski Show

10 min video

https://youtu.be/GpSOkiJSda0

#WhatCapitalism

Varoufakis v Martin Wolf

Capitalism and Big Tech with Martin Wolf & Yanis Varoufakis | Intelligence Squared

9 min video

https://youtu.be/MD4S8KkKBgY

#Varoufakis has debated other #FT employees, Gillian Tett. She was farcical if only because of her blurry eyed fantasies she held about him or his economic views.

#economics #WhatCapitalism

Second Thought: How Companies Plan The Economy

30 min video.

I call it debunking capitalist ideas of economics.

JT debunks the planned v market economy we live in today. Included is a comparison of Walmart’s central planning v Sears which was turned into a capitalist model internally and went bankrupt. Also discussed are the dynamics of investors owning stock across a sector; that ownership destroys the motivation to compete.

https://youtu.be/xuBrGaVhjcI

#economy #politics #WhatCapitalism

@voice_of_reason @michaelgemar

Welp, this is why I say #whatCapitalism ?

They are an oxymoron. Free markets? Nah, man we love monopoly! Price discovery in a decentralized way? Nah man, economies of scale mean we want to buy up our suppliers and even our customers to become *more efficient* in a single giant entity to handle an entire sector and we decide at corporate head quarters what is best for our suppliers and customers!

We are the Savior Business Class! We know better than you ™️

Prof Wolff Democracy At Work 3min video

Capitalism vs Competition: Why the Market Creates Monopolies - Economic Update with Richard Wolff

https://www.youtube.com/watch?v=NDwgfiN-JS8

Making the essential point #WhatCapitalism ?

Keynes acknowledged this in his own work and said since economies of scale are more efficient, such monopoly should be governed by society. I’d say why not? If a company is national in scope or owns its sector, it should be nationalized or the employees should own it.

#economics

@BruceBanner Fox or crap like the DailyWire are the most notorious, but Sinclair Broadcasting is far more subtle and malign and endemic.

It is a centralized command and control media empire that owns tv and radio stations everywhere in the US, that dictates what can, cannot and must be aired in every local state they own obliterating the news and opinions of local residents. Stalin or Kim specials.

We live in a plutocratic nightmare.

#WhatCapitalism

@hellomiakoda The problem here is capitalism isn’t quite itself. The most vicious tend to destroy the things that are used to define it, till the only thing left is a centralized command and control tyranny that looks like everything they assert the USSR was. So the pro-capitalists need to be called on the carpet *for destroying what they claim*. Mock them for being the most ardent destroyers of the thing they claim is so great. They are un-capitalists

https://youtu.be/3OizUpwcszo

#WhatCapitalism

@nova it is hard to think of today's economy and political system as market and democracy based. Rather it's plutocratic totalitarian, a reversion to something like Tsarist Russia
https://youtu.be/issmDdjBa5w It's unmarket and un democracy. #WhatCapitalism ?

@TheOldGuy I always love the rich fucks that keep talking up the wonders of capitalism as they strip every joy from existence. I think they are bad at it. In fact, incompetent. Whatever happened to the world of butcher, baker, brewer and tailor?

oh right, they killed it

#whatCapitalism

@Npars01 @wbheller @jayrosen_nyu @StefLaw One main point I make in all this, is the capitalism v socialism war is irrelevant in this sense:

conservatives are not capitalists by its definition (see IMF what is capitalism). The gov and politics they have shaped have (almost) none of the features they describe.

the left in fact is fighting for most of those features

conservatives call on those features when the identify as capitalists.

we need to say BS!

#whatCapitalism

@northernlights @SocialistStan @tzimmer_history

The right is proficient co-opting terms made by the left, from woke to libertarian. I am frankly sick of it. People rebelling against tyranny must learn to do the same, as well as mocking their inevitable contradictions (#whatCapitalism)

Ron DeSantis Gets Skewered By Florida Paper For Ignoring The State's REAL Problems

4min video

https://youtu.be/BuW__yfR5VE

A gentle reminder, this is “capitalism” under the GOP. I am constantly amazed Dems can’t figure out how to leverage this. Idiots.

#democrats #uspol #WhatCapitalism

@Radical_EgoCom What’s the difference between government coercing workers out of their free market right to negotiate their working conditions (lol #whatCapitalism) in an act that induced rail disasters?

These atrocities were perpetrated by big business, Congress and the WH. It’s not even capitalism because it has already made a full mockery of its claimed virtues but despotic plutocracy. We have a ruling class that is not only indifferent and cruel but out right malignantly harmful.

@fedup @Extra_Special_Carbon @igd_news

Indeed but it is even deeper than that, because the reversion to plutocracy, a pre 18th century world, also dismantles market economies.

An-Cap libertarians wail about capitalism even as they ardently seek to destroy markets and the necessary liberties.

The product of 50 years of neoliberalism is LiveNation, TicketMaster, Fox, Sinclair Broadcasting, Cargill and BlackRock

It's not even capitalism or republics

#whatCapitalism

@theregister Right to repair = property rights

anything less is worse than serfdom

anything less is not “capitalism”

even serfs even they had their own property. now plutocracy assaults even that.

#whatCapitalism

@steveirons @FionaKatauskas Like a pack of rabid dogs they now hunt down locales with decent housing prices with the intention of jacking prices.

I will remind #economists here that this is not exactly how y’all explain how things go. The supply is fine, the market is affordable, but these bandits come on and ruin it. Seems like the invisible hand (AKA the *magic* sky daddy y’all believe in) has some very odd ideas of mutual benefit and of “optimal allocation of resources”. 🧵

#whatCapitalism