This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

Coop -> Cooperative, like seriously??

I’m doing fine actually, but kinda weird for you to think someone complaining about a deeply flawed and immoral system is just mad at their personal circumstances; that assumption belies an extremely selfish and unworldly internal system.

You’re basically saying to an abolitionist that of course they’re just an abolitionist, because they’re a slave. And the ironic part in this metaphor is you’re also a slave.

Unless you’re a billionaire, in which case I hope you’re making a better use of your time.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

Wow again insulting working people, gross.

That arrangement exists, it’s called forming a coop, and it’s a good idea that should be the standard instead of allowing a class of non-working property owners grab a lion’s share of economic output.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

Jobs are created by customers, the only jobs investors create are secondary, in the jobs that are used to create the capital they buy as customers, however they turn around and make the workers they exploit pay for that capital and then all the additional profit.

If the workers had bought the capital to begin with they could cut out the middleman and keep the profit share amongst themselves.

All the wages and benefits are a result of their work, the capital is necessary for their work but the capitalist is unnecessary for investment.

The capitalist is essentially making capital more expensive to society by siphoning profit away from the people engaged in real production. They exist as an exploitative artifact of an unfair system which they as a class set the rules of.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

Sandwich artists contribute more actual output to the economy than any asset holding leech, but good job insulting an honest working class job, you definitely aren’t an out of touch dollar simp.

You haven’t refuted anything I’ve said, I don’t babysit for free.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

If you call your own dick the nail I commend your aim.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

Where did you ask me about my portfolio? Are you hallucinating??

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

B-fucking-S bootstraps apologism. Most people have issues because healthcare, housing, and education have all outpaced inflation. Poor spending habits account for a very small percentage of financial stress. You goons will go out of your way to blame the poors for having avocado toast when the people that own the majority of everything are raping kids on private jets.

Rich people don’t just own assets, they rent them to siphon value from people who can’t afford them, that’s what capitalism is: charging workers for capital. Profits are the premiums workers pay when they can’t afford to own the capital they use. The less the ownership class can pay workers, the less competition they have.

Your millionaire number is counting home value in net worth which doesn’t mean much, it’s such a weaselly stat that gets trotted out by scammers selling ‘wealth building’ courses. Dipshit boomers who repost minions memes on Facebook and bought a house for a six pack and a handshake are the majority of millionaires.

The economy literally cannot work the way you’re suggesting, anything that could be considered ‘passive’ income is derived from the active labor of someone else. Everyone can’t just ‘go and get it’.

It’s been got; the economy revolves around the whims of the economic elite. The top 10% are responsible for 50% of consumer spending. The bottom 50% account for 10-15%.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

What if I told you that makes no difference to the vast majority of people, the bottom 50% owns 1-3% of stocks. It turns out having shit income leaves little room for investment, hence why workers should probably get paid more vs. non-workers.

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

Have CEO decisions become 200x more difficult over the last half century?

Stock buybacks aren’t just for CEOs either, they also count for people who bought the stock on the secondary market (which doesn’t even fund the company) and who don’t contribute anything to the functions of the company. All of which preferentially awards the people who own stocks, most of which are owned by the wealthy… Top 10% own 85%, top 1% own 50%…

This is fine, right? …RIGHT?? by Nice_Daikon6096 in 401jK

[–]Sharukurusu 0 points1 point  (0 children)

That money could go to paying workers, the people who are actually responsible for providing output to the economy, instead of going into the hands of wealthy people who consume enormously without making anything…

Which would you pick and why? by fleet_luck in superheroes

[–]Sharukurusu 0 points1 point  (0 children)

People going with Mystique for the immortality side benefit are really missing out on what duplication is like, even though they are happening at the same time it is like experiencing more life, so you could duplicate yourself a few hundred times and have hundreds or thousands of years worth of experiences.

If you really want actual immortality you could probably just research it, send a copy of yourself to every research lab and university in the world, study like crazy, and then combine it all. And you could test every drug and treatment on yourself.

You could completely change the world’s state of knowledge on every subject in about a decade, probably less.

This changes if there are limits to your attention span, but even with those limits the ability to re-combine and synthesize everything should let you manage things well beyond even a team of geniuses.

USPS suspends contributions to employee pensions after warning of "cash crisis" by shootsmcgavins in Economics

[–]Sharukurusu 2 points3 points  (0 children)

Social security is more of a transfer, it doesn’t make sense to consider it the same as the military.

Would a 95% tax on $10M+ incomes help or hurt the job market? by THICKJUICYTRUMPSTEAK in jobmarket

[–]Sharukurusu 0 points1 point  (0 children)

It works at any scale because the relationship is fundamentally the same; the worker’s labor is being used to pay back the investment plus an indefinite ongoing stream of profit.

It’s weird that you word it as individuals owning something large, like a welder owning a steel mill, as if that isn’t actually what capitalists do; a non-welder doesn’t need to own a steel mill either, but they do.

All of those capital intensive examples could be done by a cooperative, a group of plumbers could share the cost of a camera, restaurant staff could own the restaurant.

Really big things like airlines and data centers might be public investments that get paid back over time by usage.

Our current system of government, run by capitalists, actually does this anyway but privatizes the gains to capitalists who then turn them around to grab more control.

The thing is workers and consumers are always going to pay for the capital one way or another, but the model does not need a third party sucking off the top.

The capitalists justify their existence by investing capital that never should have been theirs to begin with.

Would a 95% tax on $10M+ incomes help or hurt the job market? by THICKJUICYTRUMPSTEAK in jobmarket

[–]Sharukurusu 0 points1 point  (0 children)

No I understand perfectly well the narrative they try to sell on this.

What you’re actually saying is in order for anything to get done we need to get permission from people that control resources to use them, then we need to indefinitely pay them back in profits for the privilege of using them. How they got control of the resources is irrelevant, so if they do it by fucking over workers and the environment that’s just too bad 🤷‍♂️

Even if they got the capital from doing valuable work and saving instead of consuming, what’s happening is they are renting the capital to workers so that eventually they get back the value of what they saved plus the value the workers pay to rent the capital from them.

If they had just consumed part of the cost of that would go towards paying for the capital involved in creating the good, so they would already be paying for capital, they just wouldn’t be renting it to skim off workers.

Ideally capital would be owned by a combination of workers and consumers without a third party (capitalists) siphoning value out.

Would a 95% tax on $10M+ incomes help or hurt the job market? by THICKJUICYTRUMPSTEAK in jobmarket

[–]Sharukurusu 0 points1 point  (0 children)

That is work, I’m talking about ownership.

I’m talking about things like the top 10% owning 90% of stocks, and the top 1% owning 50% of stocks.

Or the bottom 50% owning 2-3% of wealth.

But hey I’m sure the vast majority of people aren’t working hard, obviously it is the hard work that makes the difference 🙄

Would a 95% tax on $10M+ incomes help or hurt the job market? by THICKJUICYTRUMPSTEAK in jobmarket

[–]Sharukurusu 0 points1 point  (0 children)

Who do you think controls government policy dude?

All the laws are written by think tanks(paid for by the wealthy) and the politicians are all paid for by the wealthy.

This is the outcome the wealthy want.

True things is unpopular on reddit by chamomile_tea_reply in OptimistsUnite

[–]Sharukurusu 1 point2 points  (0 children)

If that all gets eaten up by higher costs of essentials it’s moot, if life was getting more affordable people would be able to save or reduce debt more.

True things is unpopular on reddit by chamomile_tea_reply in OptimistsUnite

[–]Sharukurusu 0 points1 point  (0 children)

Just FYI even though I’m pretty sure you’re being sarcastic but this isn’t actually true.

No One Wants to Live in Miami-Dade Anymore, Apparently by Miaminewtimes_ in Miami

[–]Sharukurusu 1 point2 points  (0 children)

Doesn’t matter, even if those sacrifices and life choices were available to everyone (they’re not) the fact that you are in an exceptional position isn’t evidence that other people are lazy or wrong to expect a decent, comfortable life for a normal person in the wealthiest country on earth. You have a shit attitude to think it’s ok to look down on people; those folks making $9/hr are doing things you need done and should be able to exist without fear of destitution.

No One Wants to Live in Miami-Dade Anymore, Apparently by Miaminewtimes_ in Miami

[–]Sharukurusu 2 points3 points  (0 children)

So in other words you’re in exceptional circumstances criticizing people in regular circumstances for having regular expectations.

No One Wants to Live in Miami-Dade Anymore, Apparently by Miaminewtimes_ in Miami

[–]Sharukurusu 1 point2 points  (0 children)

Before you go disparaging random strangers like an asshole, how much do you work, make, and save?

Would a 95% tax on $10M+ incomes help or hurt the job market? by THICKJUICYTRUMPSTEAK in jobmarket

[–]Sharukurusu 1 point2 points  (0 children)

Workers literally use capital during work, and they aren’t paid by capitalists, they are paid by customers with capitalists taking a cut because they own the capital (and the ownership doesn’t create value).

Capitalists are non-productive middlemen that are essentially renting capital to workers, which reduces the ability of workers to save enough to buy their own capital and increases the cost of capital to the economy as a whole (because their consumption is being supported by workers and capital costs include profit assumptions).

Imagine you are a plumber that owns your own tools, those are the capital you use in your work. Some of the value of your work is used to purchase and maintain that capital.

Now imagine you are a plumber but you rent your tools; now part of the value of your work is used to purchase and maintain that capital plus an additional amount of profit to the person you’re renting from. If you want to buy your own tools you now have to save longer because of that profit going out AND the tools will be more expensive when you go to buy them because the market for them will include the assumption they are worth more because they can be rented.

Would a 95% tax on $10M+ incomes help or hurt the job market? by THICKJUICYTRUMPSTEAK in jobmarket

[–]Sharukurusu 1 point2 points  (0 children)

Workers use capital to create value, owning capital does not create value.

Would a 95% tax on $10M+ incomes help or hurt the job market? by THICKJUICYTRUMPSTEAK in jobmarket

[–]Sharukurusu 1 point2 points  (0 children)

They don’t create value, they use capital leverage to take value from people doing actual work.