How Will the Rich Rule Without Money?

[Unkotare]

... Corporations internalize all possible gains from the community and externalize all possible costs onto the community in order to maximize shareholder (parasite) value. For most of human history we lived as hunter-gatherers in primitive socialist economies. People controlled the means of production. "From each according to her ability to each according to her needs" is the NATURAL state of humanity. It has only been in the last 12,000 years that the curse of class-based economic systems has come into existence. ....

 

[Mac-7]

How will the richest among us protect themselves and their property if (when?) catastrophic climate chaos makes money worthless?

MR Online | How the rich plan to rule a burning planet

"Writing in the Guardian in 2018, media theorist and futurist Douglas Rushkoff related his experience of being paid half his annual salary to speak at 'a super-deluxe private resort … on the subject of "the future of technology’”. He was expecting a room full of investment bankers. When he arrived, however, he was introduced to 'five super-wealthy guys … from the upper echelon of the hedge fund world'. Rushkoff wrote:

"'After a bit of small talk, I realized they had no interest in the information I had prepared about the future of technology.

"They had come with questions of their own … Which region will be less affected by the coming climate crisis: New Zealand or Alaska? … Finally, the CEO of a brokerage house explained that he had nearly completed building his own underground bunker system and asked: "How do I maintain authority over my security force after the Event?"

"The Event.

"That was their euphemism for the environmental collapse, social unrest, nuclear explosion, unstoppable virus, or Mr Robot hack that takes everything down … They knew armed guards would be required to protect their compounds from the angry mobs.

"But how would they pay the guards once money was worthless?

"What would stop the guards from choosing their own leader?

"The billionaires considered using special combination locks on the food supply that only they knew.

"Or making guards wear disciplinary collars of some kind in return for survival."

If your plan calls for allowing the world to drown in the swamp of mass death and destruction while you cower in a South Pacific bunker protected by hired killers wearing exploding collars, you are not likely to win much in the way of public support for the capitalist state economics that are creating the next mass extinction, are you?

The climate chaos thats threatens us is not physical

its political and will be caused by global warming doomsday hoax wackos

The climate chaos thats threatens us is not physical

its political and will be caused by global warming doomsday hoax wackos

Think he's lying about that too?

Since you’re asking me I think he’s correct

 

[Toddsterpatriot]

You're right, we need a wall. We need to deport 20 million illegal aliens.
They release much more CO2 here, than they did back home.

They're DESTROYING the planet. Give them to boot. For Gaia!!

 

[georgephillip]

... Corporations internalize all possible gains from the community and externalize all possible costs onto the community in order to maximize shareholder (parasite) value. For most of human history we lived as hunter-gatherers in primitive socialist economies. People controlled the means of production. "From each according to her ability to each according to her needs" is the NATURAL state of humanity. It has only been in the last 12,000 years that the curse of class-based economic systems has come into existence. ....

Corporations are NOT your friend unless you're a rich bitch or mindless Trump troll

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Privilege:
Stockholders claim wealth they do little to create, much as nobles claimed privilege they did not earn..."

"Look closely at the stock market and it betrays some fundamental assumptions about the creation of wealth in today’s markets.

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

"The remaining 99% is speculation – people buying and selling existing stock in the aftermarket of equity."

 

[georgephillip]

You're right, we need a wall. We need to deport 20 million illegal aliens.
They release much more CO2 here, than they did back home.

They're DESTROYING the planet. Give them to boot. For Gaia!!

https://www.quora.com/How-many-people-died-because-of-capitalism

 

[Unkotare]

... Corporations internalize all possible gains from the community and externalize all possible costs onto the community in order to maximize shareholder (parasite) value. For most of human history we lived as hunter-gatherers in primitive socialist economies. People controlled the means of production. "From each according to her ability to each according to her needs" is the NATURAL state of humanity. It has only been in the last 12,000 years that the curse of class-based economic systems has come into existence. ....

Corporations are NOT your friend unless you're a rich bitch or mindless Trump troll

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Privilege:
Stockholders claim wealth they do little to create, much as nobles claimed privilege they did not earn..."

"Look closely at the stock market and it betrays some fundamental assumptions about the creation of wealth in today’s markets.

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

"The remaining 99% is speculation – people buying and selling existing stock in the aftermarket of equity."

You wannabe communist idiots are hilariously accurate manifestations of insanity. Like all truly crazy people, you take yourselves oh-so-seriously.

 

[Toddsterpatriot]

... Corporations internalize all possible gains from the community and externalize all possible costs onto the community in order to maximize shareholder (parasite) value. For most of human history we lived as hunter-gatherers in primitive socialist economies. People controlled the means of production. "From each according to her ability to each according to her needs" is the NATURAL state of humanity. It has only been in the last 12,000 years that the curse of class-based economic systems has come into existence. ....

Corporations are NOT your friend unless you're a rich bitch or mindless Trump troll

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Privilege:
Stockholders claim wealth they do little to create, much as nobles claimed privilege they did not earn..."

"Look closely at the stock market and it betrays some fundamental assumptions about the creation of wealth in today’s markets.

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

"The remaining 99% is speculation – people buying and selling existing stock in the aftermarket of equity."

Stockholders claim wealth they do little to create,

You should get in on that sweet stockholder gravy train. Sounds pretty sweet!

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

It's a nice way to easily get your money back out of the firms you invested in.
How does investment happen in your sweet workers paradise in Venezuela?

 

[Toddsterpatriot]

You're right, we need a wall. We need to deport 20 million illegal aliens.
They release much more CO2 here, than they did back home.

They're DESTROYING the planet. Give them to boot. For Gaia!!

https://www.quora.com/How-many-people-died-because-of-capitalism

The people in your silly claim aren't dying because of capitalism.

 

[georgephillip]

You wannabe communist idiots are hilariously accurate manifestations of insanity. Like all truly crazy people, you take yourselves oh-so-seriously.

What do you take seriously, shareholder privilege?

The Divine Right of Capital by Marjorie Kelly: A Summary

"Today, our worldview has a bias – that stockholders are to be paid as much as possible, while employees are to be paid as little as possible. 'Income for one group is declared good, and income for another group is declared bad.'

"Nowhere is this more clear than in our financial statements.

"Here’s the basic formula you’ll find on financial statements:

"Capital Income + Retained earnings = Revenue – (Employee income + Cost of materials)

"Kelly uses some simple algebra to show that this formula could just as easily be re-written as:

"Employee income + Retained earnings = Revenue – (Capital income + Cost of materials)"

 

[Unkotare]

Ever spent any time in a communist country, dumbrade?

 

[georgephillip]

You're right, we need a wall. We need to deport 20 million illegal aliens.
They release much more CO2 here, than they did back home.

They're DESTROYING the planet. Give them to boot. For Gaia!!

https://www.quora.com/How-many-people-died-because-of-capitalism

The people in your silly claim aren't dying because of capitalism.

The people in your silly claim aren't dying because of capitalism.

Can't find a way to profit from their deaths?

https://www.quora.com/How-many-peop...=uad_mkt_en_acq_us_awin&set=awin&pub_id=78888

"Unemployment causes 45,000 suicides a year worldwide, finds study

"New Study on Rising Suicide Rates in the US Suggests Capitalism Is Quite Literally Killing Americans[4]

"The reason is that competition and the rat race are tearing people apart, causing depression and hopelessness."

 

[georgephillip]

Ever spent any time in a communist country, dumbrade?

Not a second longer than I spent in Afghanistan, Trump.

https://www.quora.com/How-many-peop...=uad_mkt_en_acq_us_awin&set=awin&pub_id=78888

"During the war in Afghanistan (2001–present), over 31,000 civilian deaths due to war-related violence have been documented; 29,900 civilians have been wounded.

"Over 111,000 Afghans, including civilians, soldiers and militants, are estimated to have been killed in the conflict."

More MAGA

 

[georgephillip]

... Corporations internalize all possible gains from the community and externalize all possible costs onto the community in order to maximize shareholder (parasite) value. For most of human history we lived as hunter-gatherers in primitive socialist economies. People controlled the means of production. "From each according to her ability to each according to her needs" is the NATURAL state of humanity. It has only been in the last 12,000 years that the curse of class-based economic systems has come into existence. ....

Corporations are NOT your friend unless you're a rich bitch or mindless Trump troll

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Privilege:
Stockholders claim wealth they do little to create, much as nobles claimed privilege they did not earn..."

"Look closely at the stock market and it betrays some fundamental assumptions about the creation of wealth in today’s markets.

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

"The remaining 99% is speculation – people buying and selling existing stock in the aftermarket of equity."

Stockholders claim wealth they do little to create,

You should get in on that sweet stockholder gravy train. Sounds pretty sweet!

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

It's a nice way to easily get your money back out of the firms you invested in.
How does investment happen in your sweet workers paradise in Venezuela?

It's a nice way to easily get your money back out of the firms you invested in.
How does investment happen in your sweet workers paradise in Venezuela?

The 1 percent are parasites: Debunking the lies about free enterprise, trickle-down, capitalism and celebrity entrepreneurs

 

[Unkotare]

Ever spent any time in a communist country, dumbrade?

Not a second longer than I spent in Afghanistan, Trump.

https://www.quora.com/How-many-peop...=uad_mkt_en_acq_us_awin&set=awin&pub_id=78888

"During the war in Afghanistan (2001–present), over 31,000 civilian deaths due to war-related violence have been documented; 29,900 civilians have been wounded.

"Over 111,000 Afghans, including civilians, soldiers and militants, are estimated to have been killed in the conflict."

More MAGA

Were you trying to say “no”? Lack the sack to just say so? Your attempt at deflection is as failed as your blood-thirsty, inhuman ideology, doucherade.


Oh, and about your ‘source’...
What a scholar...

 

[Unkotare]

Another mindless, leftist hypocrite.

 

[georgephillip]

Ever spent any time in a communist country, dumbrade?

Not a second longer than I spent in Afghanistan, Trump.

https://www.quora.com/How-many-peop...=uad_mkt_en_acq_us_awin&set=awin&pub_id=78888

"During the war in Afghanistan (2001–present), over 31,000 civilian deaths due to war-related violence have been documented; 29,900 civilians have been wounded.

"Over 111,000 Afghans, including civilians, soldiers and militants, are estimated to have been killed in the conflict."

More MAGA

Were you trying to say “no”? Lack the sack to just say so? Your attempt at deflection is as failed as your blood-thirsty, inhuman ideology, doucherade.


Oh, and about your ‘source’...
What a scholar...

Oh, and about your ‘source’...
What a scholar...

Congratulations.
You spelled "Scholar" correctly.

 

[georgephillip]

Another mindless, leftist hypocrite.

 

[Toddsterpatriot]

You wannabe communist idiots are hilariously accurate manifestations of insanity. Like all truly crazy people, you take yourselves oh-so-seriously.

What do you take seriously, shareholder privilege?

The Divine Right of Capital by Marjorie Kelly: A Summary

"Today, our worldview has a bias – that stockholders are to be paid as much as possible, while employees are to be paid as little as possible. 'Income for one group is declared good, and income for another group is declared bad.'

"Nowhere is this more clear than in our financial statements.

"Here’s the basic formula you’ll find on financial statements:

"Capital Income + Retained earnings = Revenue – (Employee income + Cost of materials)

"Kelly uses some simple algebra to show that this formula could just as easily be re-written as:

"Employee income + Retained earnings = Revenue – (Capital income + Cost of materials)"

"Kelly uses some simple algebra to show that this formula could just as easily be re-written as:

"Employee income + Retained earnings = Revenue – (Capital income + Cost of materials)"

Is "employee income" magically higher because Kelly used simple algebra to move it to the other side of the formula?

 

[Toddsterpatriot]

You're right, we need a wall. We need to deport 20 million illegal aliens.
They release much more CO2 here, than they did back home.

They're DESTROYING the planet. Give them to boot. For Gaia!!

https://www.quora.com/How-many-people-died-because-of-capitalism

The people in your silly claim aren't dying because of capitalism.

The people in your silly claim aren't dying because of capitalism.

Can't find a way to profit from their deaths?

https://www.quora.com/How-many-peop...=uad_mkt_en_acq_us_awin&set=awin&pub_id=78888

"Unemployment causes 45,000 suicides a year worldwide, finds study

"New Study on Rising Suicide Rates in the US Suggests Capitalism Is Quite Literally Killing Americans[4]

"The reason is that competition and the rat race are tearing people apart, causing depression and hopelessness."

No depression and hopelessness in Venezuela, eh?

 

[Toddsterpatriot]

... Corporations internalize all possible gains from the community and externalize all possible costs onto the community in order to maximize shareholder (parasite) value. For most of human history we lived as hunter-gatherers in primitive socialist economies. People controlled the means of production. "From each according to her ability to each according to her needs" is the NATURAL state of humanity. It has only been in the last 12,000 years that the curse of class-based economic systems has come into existence. ....

Corporations are NOT your friend unless you're a rich bitch or mindless Trump troll

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Privilege:
Stockholders claim wealth they do little to create, much as nobles claimed privilege they did not earn..."

"Look closely at the stock market and it betrays some fundamental assumptions about the creation of wealth in today’s markets.

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

"The remaining 99% is speculation – people buying and selling existing stock in the aftermarket of equity."

Stockholders claim wealth they do little to create,

You should get in on that sweet stockholder gravy train. Sounds pretty sweet!

"Only 1% of the total value of equity on Wall Street is actual investment in the sense of new money going into firms.

It's a nice way to easily get your money back out of the firms you invested in.
How does investment happen in your sweet workers paradise in Venezuela?

It's a nice way to easily get your money back out of the firms you invested in.
How does investment happen in your sweet workers paradise in Venezuela?

The 1 percent are parasites: Debunking the lies about free enterprise, trickle-down, capitalism and celebrity entrepreneurs

Thanks for the article.
That Andy is a real joker!