@bhasic
Sudden change is what kills.
Look, my 90-year-old mom needs her Medicare, and Social Security. Fprgive me for being pro-system, but a whole lot of Americans are getting their basic needs met with it. I'm not OK with movements that threaten lives.
@bhasic Yeah, well, Wall Street is communism. It's why they call it, "publicly owned." Insurance is socialism, just not managed by the state.
I'd bet you'll like this, if you haven't heard of it yet. I checked it out when my kiddo got a scholarship to UChicago. https://www.capitalisnt.com/
Also gotta say, Milton Freedman said capitalism would collapse under too much required taxation--and he wasn't talking about state taxes, he was talking about rent.
Is capitalism the engine of destruction or the engine of prosperity? On this podcast we talk about the ways capitalism isβor more often isnβtβworking in our world today. Hosted by Vanity Fair contributing editor, Bethany McLean and world renowned economics professor Luigi Zingales, we explain how capitalism can go wrong, and what we can do to fix it. Cover photo attributions: https://www.chicagobooth.edu/research/stigler/about/capitalisnt. If you would like to send us feedback, suggestions for guests we should bring on, or connect with Bethany and Luigi, please email: contact at capitalisnt dot com. If you like our show, we'd greatly appreciate you giving us a rating or a review. It helps other listeners find us too.
@Radical_EgoCom @bhasic It is for anyone who can afford it. That's where Bernie Sanders got his, "Socialism for the rich, rugged individualism for the poor" speech line.
Here: https://www.capitalisnt.com/
Get to know the system you're looking to burn down. You'll know where to light it.
What's not socialism or communism is Private Equity and privately owned businesses, and outside the Biggest 80 or so public corp,s is the bulk of cash flow.
Is capitalism the engine of destruction or the engine of prosperity? On this podcast we talk about the ways capitalism isβor more often isnβtβworking in our world today. Hosted by Vanity Fair contributing editor, Bethany McLean and world renowned economics professor Luigi Zingales, we explain how capitalism can go wrong, and what we can do to fix it. Cover photo attributions: https://www.chicagobooth.edu/research/stigler/about/capitalisnt. If you would like to send us feedback, suggestions for guests we should bring on, or connect with Bethany and Luigi, please email: contact at capitalisnt dot com. If you like our show, we'd greatly appreciate you giving us a rating or a review. It helps other listeners find us too.
@jeremy_list @Radical_EgoCom @bhasic Bingo.
If you want traction, go to church. I'm pretty convinced you can see the logic behind that.
β Vegan
β Spent $1512 so far this year, $500 of that medical, mostly food
β Work at an art studio
β Can't bike to three of my doctors, or my kid, bought electric, used.
β Have infiltrated the rich by going to the right church--you can , too. Yes, it makes me squirm, but they don't deserve to be drawn & quartered. Public shame is working on some of them.
Threatening billionaires will only make them build new bunkers in more secret places.
@cy @bhasic You act up and fill their news feed with protests pointing out what shitheads they're being. You teach their children how to spot and call out bullshit. Then you tax them, having carefully laid out the impact it will have. And daddy won't be able to say no to his sweet little girl. Trust me on this. I used to sell wedding dresses. Not the cheap ones.
They pay the police, and they pay the people who write what the police are supposed to do.
@cy
Biden indicated early in his term said that taxes for the rich are effectively voluntary. With mobility, your place of citizenship is voluntary. So coercively taxing people will drive them away.
No, you don't up & tax them. You talk to them by whatever means you can find and sell them on the idea of a better America. It helps if it's an investment, but there are plenty of philanthropic options, too.
You ever notice how oligarchs like Warren Buffet and Bill Gates are cast as these uber-wealthy saviors who are singlehandedly raising the world out of poverty? That doesn't happen by accident. In this week's episode, we're taking a look at the insidious philanthropy scheme billionaires use to make sure their reputation remains squeaky clean. Hope you enjoy! Why Billionaire Philanthropy Won't Solve Anything β Second Thought SUBSCRIBE HERE: http://bit.ly/2nFsvTS New video every Friday! Citations and Further Reading: Hasan Minhajβs video https://www.youtube.com/watch?v=mS9CFBlLOcg Microsoft Bad https://time.com/3553242/microsoft-monopoly/ https://en.wikipedia.org/wiki/Criticism_of_Microsoft Bill and Melinda Gates Rebrand https://www.gatesfoundation.org/about/our-story Charitable Tax Deductions (74% statistic) https://inequality.org/great-divide/every-buck-billionaire-charity-74-cents/ https://ssrn.com/abstract=3462163 Where I Got the 60% of Gross Income Stat https://money.howstuffworks.com/personal-finance/personal-income-taxes/charitable-tax-deduction.htm $246.1 Billion Dollars in Charitable Tax Deductions 2010-2014 (free article on Google Scholar) https://www.journals.uchicago.edu/doi/abs/10.17310/ntj.2011.4.05?journalCode=ntj Charitable Donations Increase Over Time (the second source is the original, but itβs paywalled) https://winklergroup.com/wp-content/uploads/2021/06/Screenshot-2021-06-15-160402.png https://store.givingusa.org/collections/home-page-2021/products/2021-annual-report?variant=39329211613263 5%/95% Split in Charitable Foundations https://www.philanthropy.com/article/whats-so-special-about-5/ https://www.latimes.com/news/la-na-gatesx07jan07-story.html https://www.pfs-llc.net/blog/the-5-rule-explained/ https://www.vox.com/recode/2020/5/1/21242144/billionaires-foundations-giving-money-coronavirus-fight Where the Gatesβ Foundation 95% Goes https://www.globaljustice.org.uk/wp-content/uploads/2016/06/gjn_gates_report_june_2016_web_final_version_2.pdf https://www.latimes.com/news/la-na-gatesx07jan07-story.html https://www.wedemain.fr/partager/la-philanthropie-de-bill-gates-alimente-la-machine-capitaliste_a3977-html/ (in French) Coca-Cola & Passion Fruit Farmers https://www.globaljustice.org.uk/wp-content/uploads/2016/06/gjn_gates_report_june_2016_web_final_version_2.pdf https://philanthropynewsdigest.org/news/gates-foundation-coca-cola-technoserve-partner-to-empower-small-scale-fruit-farmers-in-east-africa Gates Foundation and Charter Schools https://www.gatesfoundation.org/ideas/media-center/press-releases/2003/05/grant-to-launch-new-charter-schools-in-san-francisco Oscar Wildeβs Quote https://www.marxists.org/reference/archive/wilde-oscar/soul-man/ Follow and Support Second Thought! Twitter: https://twitter.com/_SecondThought Patreon: https://patreon.com/secondthought BuyMeACoffee: https://www.buymeacoffee.com/secondthought CashApp: $JTChapman Watch More Second Thought: Latest Uploads: https://www.youtube.com/playlist?list=PL6SJktA-ecJR_Fq2hhYVEFS11cf1YzG27 Spaaaaaace!: https://www.youtube.com/playlist?list=PL6SJktA-ecJQRpqT-hMTTFx8A6VVH3m6v What If...: https://www.youtube.com/playlist?list=PL6SJktA-ecJRI7VrWf_-mT0z6lrN--Cvi Popular Videos: https://www.youtube.com/playlist?list=PL6SJktA-ecJRx7ZaO9J04Kbob_u5baHxN About Second Thought: Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome! Business Email: [email protected]