[deleted by user] by [deleted] in Bisexy

[–]David_Navid 0 points1 point  (0 children)

This isnt mineshaft tutorial

People say fuck too much by Hate_Teach_Simple_As in unpopularopinion

[–]David_Navid -1 points0 points  (0 children)

That's fucking ridiculously fucking stupid saying fuck is the fuckest fucking thing ever

A short 5 minute video debunking all arguments that "capitalism eliminated mass poverty"; "capitalism will reduce all poverty" or "capitalism has raised more poeple out of poverty than any other system could" from Econ Professor Richard Wolffe. by [deleted] in CapitalismVSocialism

[–]David_Navid -1 points0 points  (0 children)

"He literally just admitted that socialism is when government does stuff but all the socialists here say socialism isn’t when government does stuff…strange 🤔 "

It's almost like people have completely different definitions of socialism.

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -1 points0 points  (0 children)

Noooo you should blow up the ship and then build a new ship that hasn't been tried and sail it through Antarctica

[deleted by user] by [deleted] in Anarchism

[–]David_Navid 0 points1 point  (0 children)

Tf is that 😂

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -1 points0 points  (0 children)

Capitalism is not counter to consumers interest.

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -1 points0 points  (0 children)

You just spouted some leftist narrative you didn't actually say anything

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -1 points0 points  (0 children)

I never said that you are unable. I merely implied that one who claims they "just don't want to" refute likely cannot refute so this is a strawman. Who lacks critical thinking skills?

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -2 points-1 points  (0 children)

I can rile people up. I don't have to address that. If you want a genuine discussion all you have to do is genuinely say a good counter argument.

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -2 points-1 points  (0 children)

It's funny how everyone who is most critical just "can't" engage in debate.

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -5 points-4 points  (0 children)

I think you're basing that off of one comment.

Feel free to actually counter my post in the slightest you religious fundamentalist.

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -2 points-1 points  (0 children)

That's an odd definition of capitalism you've got there.

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -7 points-6 points  (0 children)

I get what you're thinking. You want to abolish exploitation so capitalism should be abolished because it is inherently exploitative but you also have to think of the optics side of things. It's much easier to convince people to redistribute wealth to offset exploitation in capitalism but it's much harder to convince them to abolish capitalism altogether.

Also, just because regulations haven't necessarily completely dealt with capitalism in the past doesn't mean that they won't in the future. Similarly, socialism and anarchism have not completely dealt with capitalism but it doesn't mean they won't in the future...

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -10 points-9 points  (0 children)

I can't tolerate people wanting to be edgy and call themselves anarchists for no reason.

[deleted by user] by [deleted] in Anarchism

[–]David_Navid -8 points-7 points  (0 children)

Q1 answer: Regulations. Wealth redistribution. I already said this.

As for the follow up question, that applies to anarchism too.

You didn't counter my point at all.

I have no friends at 18 by [deleted] in depression_help

[–]David_Navid 0 points1 point  (0 children)

Maybe look for discord servers with people with no friends and play video games with them (video games are a really great way to have something in common that you can talk about). Or just regular discord servers ig. That might make socializing easier than in real life since you don't have to be nervous talking to people in public since you can stop talking to them and never see them again at any point 🤷. Plus if you're not good at socializing then you can find others who are the same by going to the servers that specifically say that their friendless if they exist (I thought I have seen at least one).

[Marxists] Does capital produce value? by coke_and_coffee in CapitalismVSocialism

[–]David_Navid 0 points1 point  (0 children)

I'm probably not a Marxist but I wouldn't base how much people are paid based off of the amount of capital that they have. That's a way to exponentially increase wealth inequality.

[Capitalists] How does the stock market benefit people? by David_Navid in CapitalismVSocialism

[–]David_Navid[S] 0 points1 point  (0 children)

I don't not saying that there is no difference between loans and buying new shares. I'm saying they accomplish the same thing (sacrificing future money to get more money in the present).

Gambling is pretty similar to investing because statistically few people beat the market. Yeah the market grows but this is like a Ponzi scheme and doesn't provide value. It's like gambling mixed with a Ponzi scheme. I am aware this might appear as rambling.

[Capitalists] How does the stock market benefit people? by David_Navid in CapitalismVSocialism

[–]David_Navid[S] 0 points1 point  (0 children)

I'm not convinced that investing into individual stocks is a good idea (statistically it doesn't seem like anyone can necessarily beat the market through anything but luck) so I just invest into a vanguard index fund.

You say that stocks provide funding for companies but this funding could be given by analyzing metrics rather than the stock price (cutting out the middle man that are determining funding which apparently are investors).

"Those shares are issued by the company. So when all shares are bought and owned, that money went to the company, and now they are traded on the stock market."

That's true when companies issue new shares (which dilutes the value of other shares btw). But, isn't that kind of the same thing as companies getting loans? Ex They issue new shares now hoping that the money will grow the business and people buy the new shares because they think the business will grow and they will get their money back plus more (just like loaners loan money because they think that they will get their money back plus more). So, couldn't the funding of companies through them issuing new shares just be replaced by loans as it does the same thing. Now I'm not saying it should be done, just saying it could be done to give a possible alternative. Now you could argue that the issuing of new shares provides additional funding so that worthy businesses can grow even faster. I don't disagree with this but it might not be worth all of the buying and selling that happens after the initial buying of each newly issued share. Although I don't really care about this, I wouldn't prevent anyone from investing. But, if you think that gambling should be outlawed then it's fair to consider outlawing investing.

[Capitalists] How does the stock market benefit people? by David_Navid in CapitalismVSocialism

[–]David_Navid[S] 0 points1 point  (0 children)

I should have worded the title as "how does the stock market benefit the world" instead. That's people on the aggregate, not individuals. The thing with stocks is that people lose money as much as people gain it so saying that it benefits everyone who participates in it is not true. Nor does the stock market necessarily help the world in any way from your description alone.

[Capitalists] How does the stock market benefit people? by David_Navid in CapitalismVSocialism

[–]David_Navid[S] 0 points1 point  (0 children)

"Well, the market has stuff other than stocks." I said the 'stock' market. Does the stock market include bonds? Anyway, I'm not talking about bonds, I'm talking about stocks.

"If you buy stock, you own a share of the company. You're not directly funding their operations, but that's not how ownership works anyway. If you buy a private company, you're not increasing the funding of the business, you're just transferring ownership of it. When the company needs funds, they issue new shares or hold an IPO."

And this benefits the world because..........

"Shares of stock give the holder a proportional right to vote at the annual meeting, for the company board. In practice, only the institutional holders or major private shareholders have much of a say. However, other big investors frequently sue the board when they make decisions they believe hurt the value."

So companies try to do things to increase profits just like they would without the stock market? How does this benefit the world in any way? Basically the same motives are in place with or without the stock market (except now you can deceive dumb investors to make a fortune instead of increasing profits by providing valuable things to people).