RE: https://mastodon.social/@Daojoan/115821753230762229

The left should change the argument. Complex systems like economies are difficult to predict. Any complex #consequentialist argument against #capitalism can be refuted by citing a lack of evidence that the proposed postcapitalist alternative produces better outcomes, and the risks of meddling. Rights-based theories avoid this critique. #Leftism must demonstrate that capitalism contradicts common sense principles of justice.

#capitalist #anticapitalism #ethics #leftist #philosophy

Mind you they DID have some insight! Things like:

  • "the best investors have an extremely open mind and believe they will run into the next big thing at any moment"
    • spoiler: the best investors to a VC are the ones who give them money on blind faith.  Technically true from their perspective!
  • "investing is not zero-sum"
    • spoiler: true,  as long as they don't mention or count externalities, which are driving our species and globe to ruin
  • "you get more investment if you create fear of not investing in your startup, than if you sell it on merits"
    • spoiler: true,  because humans use heuristics not cold logic. And what does this say about hype vs merits? What does this imply about VC-funded company valuations?
    • spoiler's spoiler: it's not the "meritocracy" that VCs love to claim, when they themselves say hype is more important than capability
  • VCs and startups strategically try to create a cult of personality
    • spoiler: true!  But cults and idols are not based on truth or reality 🤔
  • it's cheaper to put a flatscreen over a hole in the wall than to fix the drywall
    • spoiler: true!  externaaaaalities!
  • "Type II errors are worse than Type I errors"
    • sometimes! Good to consider! But considering it without backing numbers is bullshitting not analysis

the whole thing is depressing, I can't stop thinking about it. These people have power! People keep giving them money! Yet I know preschoolers with a better grasp of fundamentals!!!

#investments #investing #VC #ventureCapital #a16z #capitalism

"In this paper we introduce the Journal of Labor and Society’s special issue on the ecomodernist features of imperialism and argue that these concepts must be theorized in tandem. The introduction begins by showing how ecomodernism and imperialism combine in practice through the example of the Council of Foreign Relations’ ‘Climate Realism Initiative’. It then charts ecomodernism’s emergence as a distinct theory and practice, arguing that it can take capitalist and anti-capitalist forms, both of which reproduce imperialist mechanisms of accumulation on a world scale. The paper’s third section questions the anti-modernist critique of ecomodernism offered by the concepts of extractivism and green colonialism. We then develop what we consider a more precise and rigorously anti-imperialist critique of imperialism’s ecomodernist aspects before concluding with some political propositions about the necessity of what we call a ‘communist ecological critique’ and by summarizing the special issue’s contributions."

https://brill.com/view/journals/jlso/aop/article-10.1163-24714607-bja10207/article-10.1163-24714607-bja10207.xml

#Imperialism #AntiImperialism #Ecomodernism #Capitalism #Extractivism #GreenColonialism

@vfrmedia

MOUSE CABIN - this is an excellent idea. 🤣

Orkin is a large pest control company. They spray our basement for spiders once every couple months. We asked them to help us figure out how the mice were getting in, and they sent a salesperson instead of an expert. Classic #US #Capitalism

Speaking about AI one thing always struck me as odd regarding its "popularity" as compared to the simultaneously emerging 3D-printing. In the utopian fantasies that preceded both technologies, both seem to be equally egalitarian and liberating. But on a closer inspection we can see that one eliminates the necessity of labor, while the other eliminates the necessity for centralized production. And now guess which one the capitalists are more favorable towards?

#AI #technology #capitalism #musk

Wow, seems the people farmers of surveillance capitalism have fully embraced scammer techniques now.

Ran into this new flow on a number of sites just now (Indiewire, Variety, and RollingStone) delivered by the colossal douchebags at html-load.com who run report-error.com.

They make it look like a browser error has occurred and then tell you to disable your tracker/ad blocker.

To the asshole developers who built this for them instead of refusing: Fuck you for making everyone less safe. You dickheads are the problem.

#surveillance #capitalism #surveillanceCapitalism #peopleFarmers #adtech #peopleFarming #BigTech #IWasJustFollowingOrders #reportErrorDotCom #htmlLoadDotCom #Indiewire #Variety #RollingStone

This came up again in the news as the #Inquest from HM #Coroner has concluded

Although I only met him once I'm still gutted this happened and I didn't keep in touch with him - we'd chatted about social media marketing and getting more pictures of work in progress online - but his shop always seemed busy , I felt awkward about randomly calling him or turning up there (if I didn't have any cars to actually be repaired) as it was taking up time that wouldn't be revenue generating and everyone in #automotive round here seems rushed off their feet, but I guess this shows how quickly ruthless #capitalism can turn a dream #career in to a nightmare (there seems to be less private work for #bodyshops and #insurers make them jump through many hoops for lower rates)

https://archive.ph/Op4Qf

The #Trump "administration has not bolstered the economy but further destabilized it, as if intentionally rendering people more precarious, desperate, and exploitable."https://crimethinc.com/2025/12/16/at-the-turning-of-the-tide-how-fight-our-way-out-of-the-trump-era

#uspol #authoritarianism #PoliticsofSuffering #inequality #poverty #capitalism #neoliberalism

At the Turning of the Tide

We revisit the structural forces behind Trump's return to power, review the events of 2025, and propose a strategy for how to fight our way out of the Trump era.

CrimethInc.

The Israeli government says entry of these items must be severely restricted because they could be exploited by Hamas or other armed groups for military ends.

However, for at least a month, Israeli authorities have allowed businesses to transport multiple dual-use items into Gaza, including generators and metal pallets, which are more durable in winter rains and mud than wooden alternatives.

https://www.theguardian.com/world/2026/jan/01/israel-allowing-traders-to-bring-into-gaza-dual-use-items-barred-from-aid-organisations

#genocide #WarCrimes #greed #CorporateTerrorism #Capitalism

[2/2]

Israel allowing traders to bring into Gaza ‘dual-use’ items barred from aid organisations

Sources say generators and tent poles restricted from humanitarian organisations but commercial shipments allowed in

The Guardian