How Will the Rich Rule Without Money?

[Andylusion]

Any business that isn't in business to make money, isn't in business long.

If you don't want to be an employee ... then become an employer. Sponging off the productive members of society isn't (or at least shouldn't) be an option.

f you don't want to be an employee ... then become an employer. Sponging off the productive members of society isn't (or at least shouldn't) be an option.

Are those who make money from money sponging off productive members of society?

The Fed Has Made Jamie Dimon $250 Million Richer Through Its Repo Loans

"As Wall Street On Parade has previously reported, JPMorgan Chase has been fingered as the bank that contributed to the Federal Reserve having to intervene in the overnight loan market on September 17 of this year, and every business day since then..."

"But as it now turns out, few individuals have personally benefitted as much as Jamie Dimon as a result of the Fed’s actions.

"Jamie Dimon is one of the largest individual shareholders in the stock of JPMorgan Chase. Those shares are the sole reason Dimon is a billionaire.

"On October 10, 2019, the shares of JPMorgan Chase closed at $114.21.

"On October 11, the New York Fed announced a dramatic escalation in its plans to flood money to Wall Street’s trading houses."

You were free to buy JPM before the Fed increased their repo lending.

You were free to buy JPM before the Fed increased their repo lending.

Wouldn't that make me a parasite?

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Property:
Like a feudal estate, a corporation is considered a piece of property — not a human community — so it can be owned and sold by the propertied class."

How is it the humans that create a corporation's wealth are commodities and human investors are its owners?

Parasite, implies that you are giving nothing, to get something.

If you are spending your rightfully earned money, to invest in something that produces goods and services, how is that being a parasite?

A parasite would be like Elon Musk, getting money from the government for green-energy grants that produce absolutely nothing for the the majority of the population. That's being a parasite.

A parasite would be Solyndra collecting millions from the government under Obama, and then just disappearing.

But if you are spending your hard earned cash, to make a risky but prudent investment, and having that investment pay off.... why is that being a parasite?

And along those lines, your ending question makes no sense. Investors are the owners, because they are investors. That's why they are the owners, because they invested.

Most employees today, are also investors. I am investor myself. I own shares in about two dozen companies. Now where I currently work, I don't have stock in that company, because I don't think it's a wise investment, but other companies I've worked for, I did have stock in. So I was an employee and a part owner at the same time.

Again, if you want to take part in the profits of the company.... buy stock. Stop whining about it, and buy stock in the company.

Parasite, implies that you are giving nothing, to get something.

Isn't that exactly the role shareholders play in our current common law property rights state?

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..."

"Shareholders at one time had some managerial responsibilities that they held with the firm.

"This was eventually shed, as eventually was their legal liability.

"The last responsibility to be shed was actually providing capital, as the above figures illustrate.

"So, much like aristocrats of old, shareholders today have shed all the responsibilities while retaining (and growing) all the benefits.

"This is the modern notion of privilege."

Oh... so they are aristocrats?

Public school Teachers, Unions, Walmart employees.... all of them are aristocrats of old in your world? Really.

Fail.

 

[Andylusion]

Any business that isn't in business to make money, isn't in business long.

If you don't want to be an employee ... then become an employer. Sponging off the productive members of society isn't (or at least shouldn't) be an option.

f you don't want to be an employee ... then become an employer. Sponging off the productive members of society isn't (or at least shouldn't) be an option.

Are those who make money from money sponging off productive members of society?

The Fed Has Made Jamie Dimon $250 Million Richer Through Its Repo Loans

"As Wall Street On Parade has previously reported, JPMorgan Chase has been fingered as the bank that contributed to the Federal Reserve having to intervene in the overnight loan market on September 17 of this year, and every business day since then..."

"But as it now turns out, few individuals have personally benefitted as much as Jamie Dimon as a result of the Fed’s actions.

"Jamie Dimon is one of the largest individual shareholders in the stock of JPMorgan Chase. Those shares are the sole reason Dimon is a billionaire.

"On October 10, 2019, the shares of JPMorgan Chase closed at $114.21.

"On October 11, the New York Fed announced a dramatic escalation in its plans to flood money to Wall Street’s trading houses."

You were free to buy JPM before the Fed increased their repo lending.

You were free to buy JPM before the Fed increased their repo lending.

Wouldn't that make me a parasite?

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Property:
Like a feudal estate, a corporation is considered a piece of property — not a human community — so it can be owned and sold by the propertied class."

How is it the humans that create a corporation's wealth are commodities and human investors are its owners?

Wouldn't that make me a parasite?

Saving and investing some of your own money might make you less of a parasite.

Like a feudal estate, a corporation is considered a piece of property

Yes, people actually own corporations. And property.
Even if that fact makes you feel like a loser.

Like a feudal estate, a corporation is considered a piece of property

Yes, people actually own corporations. And property.
Even if that fact makes you feel like a loser.

Shareholders are owners while employees are commodities, right?

Which category contributes more to the corporation's productivity?

Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts -- Your Retirement Plan and the U.S. Economy

The executives by far. Without good executives, there are no employees to begin with.

Look what happens with a bad CEO.... Where is Enron and all their employees today?

If all you need is productive employees, and you don't need a good CEO, then why did Payless Shoes just close down? Were all the employees utterly terrible? Or maybe having a good CEO that can lead the company forward, and create all the productive opportunities, really does matter.

 

[Andylusion]

You were free to buy JPM before the Fed increased their repo lending.

You were free to buy JPM before the Fed increased their repo lending.

Wouldn't that make me a parasite?

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Property:
Like a feudal estate, a corporation is considered a piece of property — not a human community — so it can be owned and sold by the propertied class."

How is it the humans that create a corporation's wealth are commodities and human investors are its owners?

Wouldn't that make me a parasite?

Saving and investing some of your own money might make you less of a parasite.

Like a feudal estate, a corporation is considered a piece of property

Yes, people actually own corporations. And property.
Even if that fact makes you feel like a loser.

Like a feudal estate, a corporation is considered a piece of property

Yes, people actually own corporations. And property.
Even if that fact makes you feel like a loser.

Shareholders are owners while employees are commodities, right?

Which category contributes more to the corporation's productivity?

Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts -- Your Retirement Plan and the U.S. Economy

Shareholders are owners while employees are commodities, right?

Shareholders are people who own the company while employees are people who work for the company, right?

Shareholders are people who own the company while employees are people who work for the company, right?

Employees produce goods and services.
Shareholders collect dividends for doing nothing.

Not true. If that was true.... if what you said was true, then no company would ever sell shares of the company. What purpose does selling shares in the company offer, if they provide no benefit to the company?

You are just being ridiculous.

 

[georgephillip]

Shareholders are owners while employees are commodities, right?

Which category contributes more to the corporation's productivity?

Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts -- Your Retirement Plan and the U.S. Economy

Shareholders are owners while employees are commodities, right?

Shareholders are people who own the company while employees are people who work for the company, right?

Shareholders are people who own the company while employees are people who work for the company, right?

Employees produce goods and services.
Shareholders collect dividends for doing nothing.

You're an idiot

You're an idiot

Open your eyes.

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)"

Why do you believe shareholders should share in profits when they do little or nothing to produce them compared to employees?

Why do you believe shareholders should share in profits when they do little or nothing to produce them compared to employees?

The employees should buy all the stock from the shareholders.
Then they can keep all the profits.

The employees should buy all the stock from the shareholders.
Then they can keep all the profits.

Bernie will use eminent domain to take the corporation, the Fed will make low interest loans to the employees, and shareholders can all find jobs at McDonalds.

 

[georgephillip]

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?

What makes you think that the elite even believe in this "climate crisis" bullshit?

They know that past prophecies of climactic apocalypse have failed.

You really don't have much faith in these people's intelligence. Only the commonest of the common people actually believe that poppycock.

What makes you think that the elite even believe in this "climate crisis" bullshit?

They know that past prophecies of climactic apocalypse have failed.

Do they?
Got a link?

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

"But something is wrong with this picture.

"To believe that someone in Morrison’s position could genuinely be ignorant of the dangers of climate change is itself to give up on reason.

"The prime minister of Australia is among the most well-briefed people on the planet, with thousands of staff at his beck and call to update him on the latest developments in climate science or any other field he may wish to get his head around.

"The only rational explanation is that Morrison and his like are aware of the dangers posed by climate change but are choosing to act as though they’re not."

Do you think the capitalist imperative of short-term profit might be clouding their perspective?

Climate Change is political tool of frear

Climate Change is political tool of frear

Effects | Facts – Climate Change: Vital Signs of the Planet

"So, the Earth's average temperature has increased about 2 degrees Fahrenheit during the 20th century.

"What's the big deal?

"Two degrees may sound like a small amount, but it's an unusual event in our planet's recent history

"Earth's climate record, preserved in tree rings, ice cores, and coral reefs, shows that the global average temperature is stable over long periods of time.

"Furthermore, small changes in temperature correspond to enormous changes in the environment."

"For example, at the end of the last ice age, when the Northeast United States was covered by more than 3,000 feet of ice, average temperatures were only 5 to 9 degrees cooler than today"

 

[georgephillip]

Shareholders are owners while employees are commodities, right?

Which category contributes more to the corporation's productivity?

Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts -- Your Retirement Plan and the U.S. Economy

Shareholders are owners while employees are commodities, right?

Shareholders are people who own the company while employees are people who work for the company, right?

Shareholders are people who own the company while employees are people who work for the company, right?

Employees produce goods and services.
Shareholders collect dividends for doing nothing.

Employees produce goods and services.

They'd better, that's why they receive their paychecks.

Shareholders collect dividends for doing nothing.

Sounds like you should save your money to buy some stock.

Shareholders collect dividends for doing nothing.

Sounds like you should save your money to buy some stock.

Because the world needs more parasites?

The Divine Right of Capital by Marjorie Kelly: A Summary

"The Principle of Property:

"Like a feudal estate, a corporation is considered a piece of property — not a human community — so it can be owned and sold by the propertied class."

Are corporations "a piece of property" or a "human community"?

Because the world needs more parasites?

Because you're already a parasite.
Maybe this would help you mooch less off of your parents?

Are corporations "a piece of property"

Yes.

Because you're already a parasite.
Maybe this would help you mooch less off of your parents?

Did you know your parents?

Michael Hudson’s New Book: Wall Street Parasites Have Devoured Their Hosts -- Your Retirement Plan and the U.S. Economy

"In nature, parasites tend to kill hosts that are dying, using their substance as food for the intruder’s own progeny.

"The economic analogy takes hold when financial managers use depreciation allowances for stock buybacks or to pay out as dividends instead of replenishing and updating their plant and equipment.

"Tangible capital investment, research and development and employment are cut back to provide purely financial returns.”

 

[georgephillip]

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?

I don't see that the rich rule anything to begin with.

Jeff Skilling was extremely wealthy, and had control over one of the largest energy companies in the world. He went to prison.
Lehman Brothers, and Bear Stearns were, between the two of them, companies that had been around for almost 200 years. Two of the most wealthy group of bankers on Wall St. Neither exist anymore, and all those executives have a tiny fraction of the wealthy they formerly had. Contrary to popular opinion, no one was 'bailed out".

And then you look at the credit card companies that opposed the Card Act, and it happened anyway. The insurance companies that opposed Obama Care, and it happened anyway. The banks that opposed Dodd Frank, and it happened anyway.

On and on..... where do you see these rich people "ruling" anything? It's not happening.

That said... who cares what these people do?

Some rich guy has a security force, and an underground bunker? So what.
Please... these are just crazy people. Let them be crazy. What business is it of mine.

Some rich guy has a security force, and an underground bunker? So what.
Please... these are just crazy people. Let them be crazy. What business is it of mine

Perhaps they are aware of an impending Event you don't expect (or are too stubborn to see)?

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

"The most forward thinking of the super-rich are aware that we’re heading toward a future of ecological and social break-down.

"And they’re keen to keep ahead of the curve by investing today in the things they’ll need to survive.

"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?’"

You seem to be ignorant of human history. There have always been groups of people saying doom was coming. Throughout all human history, there have been such people. This isn't new.

You seem to be ignorant of human history. There have always been groups of people saying doom was coming. Throughout all human history, there have been such people. This isn't new.

Sudden anthropogenic climate forcing is something new.

"'It should have been daylight but it was black like midnight and we could hear the fire roaring,' said David Jeffrey, a local business owner. 'We were all terrified for our lives.'

"'There's a rock wall that they've built to keep back the sea, and that was where we were going to jump into the water if the radiant heat had hit,' he added."

Thousands flee to beach to escape bushfires

Climate change has worsened global economic inequality, Stanford study shows

Yeah, because there was never a natural disaster in all world history, until the last 50 years.

You proved that the climate is changing. Yes, we know this. It's been changing for the last 6,000 plus years. There was never a time when the climate was static.

The question is, is man made CO2 causing it? I say that's a far fetched claim.

The idea that the tiny fraction, of a fraction, of a fraction of the entire greenhouse effect that can logically be attributed to man... is somehow over powering the other 99% of the entire atmosphere of the planet.....

Is ridiculous. That's not science, that's fairies and unicorns.

The idea that the tiny fraction, of a fraction, of a fraction of the entire greenhouse effect that can logically be attributed to man... is somehow over powering the other 99% of the entire atmosphere of the planet...

Do you have a link for your graphic?

Effects | Facts – Climate Change: Vital Signs of the Planet

"For example, at the end of the last ice age, when the Northeast United States was covered by more than 3,000 feet of ice, average temperatures were only 5 to 9 degrees cooler than today."

 

[fncceo]

"Two degrees may sound like a small amount, but it's an unusual event in our planet's recent history

Not really ...

Climate swings have been recorded a few times in human history.... despite the fact that 16th century humans drove very fuel efficient SUVs

 

[Shawnee_b]

How will they rule without money? Simple they got the left to suk their dics and do their bidding

 

[georgephillip]

Save for your own retirement. When you are living off of your own money, then you are not a parasite.

Where is your money invested?

 

[georgephillip]

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?

You should axe how the poor will defend their food stash under socialism when the State goes door to door to grab your food "for the people"

Just about every top economic achievement has been by a hybrid Socialist system, and NOT Capitalism, nor Communism.

#1 economic growth period in the 21st century thus far China (Socialist)
#1 economic growth period in 20th century was Japan (Socialist)
#1 economic growth period in 20th century Europe & #2 in the World was Franco's Spain (Fascist Socialist)
#1 economic growth period in 20th century USA was FDR Fascist Lite (Socialism)

BTW, Nazi Germany achieved faster economic growth than FDR.

This means Nazis (Socialists) outranked every USA president in the 20th Century for economic growth.

NOT that I deny that Nazis did the bad like invading Poland, and the ugly like the Holocaust & Generalplan Ost.

Just maybe there's more & better options out there.

Maybe we could learn from the achievements from Nazis.

It has been argued that socialism took Russia from a backwards agrarian state in 1917 to the leader in the space race in less than fifty years?

And that was in spite of two major capitalist wars of aggression fought in part in the Russian homeland.

 

[SobieskiSavedEurope]

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?

You should axe how the poor will defend their food stash under socialism when the State goes door to door to grab your food "for the people"

Just about every top economic achievement has been by a hybrid Socialist system, and NOT Capitalism, nor Communism.

#1 economic growth period in the 21st century thus far China (Socialist)
#1 economic growth period in 20th century was Japan (Socialist)
#1 economic growth period in 20th century Europe & #2 in the World was Franco's Spain (Fascist Socialist)
#1 economic growth period in 20th century USA was FDR Fascist Lite (Socialism)

BTW, Nazi Germany achieved faster economic growth than FDR.

This means Nazis (Socialists) outranked every USA president in the 20th Century for economic growth.

NOT that I deny that Nazis did the bad like invading Poland, and the ugly like the Holocaust & Generalplan Ost.

Just maybe there's more & better options out there.

Maybe we could learn from the achievements from Nazis.

It has been argued that socialism took Russia from a backwards agrarian state in 1917 to the leader in the space race in less than fifty years?

And that was in spite of two major capitalist wars of aggression fought in part in the Russian homeland.

Russia isn't in any better shape today as it is Capitalist.

It has more Muslim migrants, more Illegal Immigrant Asians.

More Russian Mafia.

 

[Andylusion]

I don't see that the rich rule anything to begin with.

Jeff Skilling was extremely wealthy, and had control over one of the largest energy companies in the world. He went to prison.
Lehman Brothers, and Bear Stearns were, between the two of them, companies that had been around for almost 200 years. Two of the most wealthy group of bankers on Wall St. Neither exist anymore, and all those executives have a tiny fraction of the wealthy they formerly had. Contrary to popular opinion, no one was 'bailed out".

And then you look at the credit card companies that opposed the Card Act, and it happened anyway. The insurance companies that opposed Obama Care, and it happened anyway. The banks that opposed Dodd Frank, and it happened anyway.

On and on..... where do you see these rich people "ruling" anything? It's not happening.

That said... who cares what these people do?

Some rich guy has a security force, and an underground bunker? So what.
Please... these are just crazy people. Let them be crazy. What business is it of mine.

Some rich guy has a security force, and an underground bunker? So what.
Please... these are just crazy people. Let them be crazy. What business is it of mine

Perhaps they are aware of an impending Event you don't expect (or are too stubborn to see)?

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

"The most forward thinking of the super-rich are aware that we’re heading toward a future of ecological and social break-down.

"And they’re keen to keep ahead of the curve by investing today in the things they’ll need to survive.

"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?’"

You seem to be ignorant of human history. There have always been groups of people saying doom was coming. Throughout all human history, there have been such people. This isn't new.

You seem to be ignorant of human history. There have always been groups of people saying doom was coming. Throughout all human history, there have been such people. This isn't new.

Sudden anthropogenic climate forcing is something new.

"'It should have been daylight but it was black like midnight and we could hear the fire roaring,' said David Jeffrey, a local business owner. 'We were all terrified for our lives.'

"'There's a rock wall that they've built to keep back the sea, and that was where we were going to jump into the water if the radiant heat had hit,' he added."

Thousands flee to beach to escape bushfires

Climate change has worsened global economic inequality, Stanford study shows

Yeah, because there was never a natural disaster in all world history, until the last 50 years.

You proved that the climate is changing. Yes, we know this. It's been changing for the last 6,000 plus years. There was never a time when the climate was static.

The question is, is man made CO2 causing it? I say that's a far fetched claim.

The idea that the tiny fraction, of a fraction, of a fraction of the entire greenhouse effect that can logically be attributed to man... is somehow over powering the other 99% of the entire atmosphere of the planet.....

Is ridiculous. That's not science, that's fairies and unicorns.

The idea that the tiny fraction, of a fraction, of a fraction of the entire greenhouse effect that can logically be attributed to man... is somehow over powering the other 99% of the entire atmosphere of the planet...

Do you have a link for your graphic?

Effects | Facts – Climate Change: Vital Signs of the Planet

"For example, at the end of the last ice age, when the Northeast United States was covered by more than 3,000 feet of ice, average temperatures were only 5 to 9 degrees cooler than today."

There are tons of research on this. This is well known.

Global Warming: A closer look at the numbers

All the links to the peer-reviewed papers are at the bottom.

 

[Andylusion]

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?

You should axe how the poor will defend their food stash under socialism when the State goes door to door to grab your food "for the people"

Just about every top economic achievement has been by a hybrid Socialist system, and NOT Capitalism, nor Communism.

#1 economic growth period in the 21st century thus far China (Socialist)
#1 economic growth period in 20th century was Japan (Socialist)
#1 economic growth period in 20th century Europe & #2 in the World was Franco's Spain (Fascist Socialist)
#1 economic growth period in 20th century USA was FDR Fascist Lite (Socialism)

BTW, Nazi Germany achieved faster economic growth than FDR.

This means Nazis (Socialists) outranked every USA president in the 20th Century for economic growth.

NOT that I deny that Nazis did the bad like invading Poland, and the ugly like the Holocaust & Generalplan Ost.

Just maybe there's more & better options out there.

Maybe we could learn from the achievements from Nazis.

It has been argued that socialism took Russia from a backwards agrarian state in 1917 to the leader in the space race in less than fifty years?

And that was in spite of two major capitalist wars of aggression fought in part in the Russian homeland.

Stalin slaughtered 60 million people.
Yes, confiscating wealth by slaughtering millions on millions of people, in forced labor, and so on, can advance the country.

Now this is ironic... since you claim that the advancement of America has come at the expense of workers......

The soviets literally slaughtered people for advancement.

Yet, that's good slaughtering people for the benefit of the elite..... and what we've done, where we have more people that benefit from the wealth of this country, than any other in world history..... that's bad.

If you wonder why right-wingers on this thread are treating you like you are insane... carefully re-read your posts.

 

[Andylusion]

Save for your own retirement. When you are living off of your own money, then you are not a parasite.

Where is your money invested?

Stocks of course. I have doubled my money since 2007, when I started buying stock mutual funds. With my amazing $25,000 a year income, according to you, I am an aristocrat!

Specifically, I have two mutual funds, one invested in US based companies like Amazon, Google, and others. And I have another that is invested in international funds. Big name companies generally based around the pacific. Hong Kong, Taiwan, Japan, S.Korea, and Australia.

 

[SobieskiSavedEurope]

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?

You should axe how the poor will defend their food stash under socialism when the State goes door to door to grab your food "for the people"

Just about every top economic achievement has been by a hybrid Socialist system, and NOT Capitalism, nor Communism.

#1 economic growth period in the 21st century thus far China (Socialist)
#1 economic growth period in 20th century was Japan (Socialist)
#1 economic growth period in 20th century Europe & #2 in the World was Franco's Spain (Fascist Socialist)
#1 economic growth period in 20th century USA was FDR Fascist Lite (Socialism)

BTW, Nazi Germany achieved faster economic growth than FDR.

This means Nazis (Socialists) outranked every USA president in the 20th Century for economic growth.

NOT that I deny that Nazis did the bad like invading Poland, and the ugly like the Holocaust & Generalplan Ost.

Just maybe there's more & better options out there.

Maybe we could learn from the achievements from Nazis.

It has been argued that socialism took Russia from a backwards agrarian state in 1917 to the leader in the space race in less than fifty years?

And that was in spite of two major capitalist wars of aggression fought in part in the Russian homeland.

Stalin slaughtered 60 million people.
Yes, confiscating wealth by slaughtering millions on millions of people, in forced labor, and so on, can advance the country.

Now this is ironic... since you claim that the advancement of America has come at the expense of workers......

The soviets literally slaughtered people for advancement.

Yet, that's good slaughtering people for the benefit of the elite..... and what we've done, where we have more people that benefit from the wealth of this country, than any other in world history..... that's bad.

If you wonder why right-wingers on this thread are treating you like you are insane... carefully re-read your posts.

I'm NOT a Stalinist, or a Nazi.
But, rather on the Authoritarian Right.

Stalin killed a lot.
But, the British of the UK & USA have killed a lot too & their the most Individualist & Capitalist people the World has to offer.

 

[georgephillip]

Stockholders in Somalia taking all the money?

How many US civilians are they murdering?

Report Says U.S. Airstrikes Have Killed 14 Civilians in Somalia

"The report linked the killings to President Trump’s decision to relax rules for preventing civilian casualties during American counterterrorism strikes in Somalia. Amnesty said it examined five airstrikes that killed 14 civilians and injured eight.

"'In the incidents presented in this report, civilians were killed and injured in attacks that may have violated international humanitarian law and could, in some cases, constitute war crimes,' the report said."

 

[Papageorgio]

If the rich disappear who will the left have to create class division and fuel hate, they will just have racism to divide and create hate.

 

[Polishprince]

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?

What makes you think that the elite even believe in this "climate crisis" bullshit?

They know that past prophecies of climactic apocalypse have failed.

You really don't have much faith in these people's intelligence. Only the commonest of the common people actually believe that poppycock.

What makes you think that the elite even believe in this "climate crisis" bullshit?

They know that past prophecies of climactic apocalypse have failed.

Do they?
Got a link?

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

"But something is wrong with this picture.

"To believe that someone in Morrison’s position could genuinely be ignorant of the dangers of climate change is itself to give up on reason.

"The prime minister of Australia is among the most well-briefed people on the planet, with thousands of staff at his beck and call to update him on the latest developments in climate science or any other field he may wish to get his head around.

"The only rational explanation is that Morrison and his like are aware of the dangers posed by climate change but are choosing to act as though they’re not."

Do you think the capitalist imperative of short-term profit might be clouding their perspective?

Climate Change is political tool of frear

Climate Change is political tool of frear

Effects | Facts – Climate Change: Vital Signs of the Planet

"So, the Earth's average temperature has increased about 2 degrees Fahrenheit during the 20th century.

"What's the big deal?

"Two degrees may sound like a small amount, but it's an unusual event in our planet's recent history

"Earth's climate record, preserved in tree rings, ice cores, and coral reefs, shows that the global average temperature is stable over long periods of time.

"Furthermore, small changes in temperature correspond to enormous changes in the environment."

"For example, at the end of the last ice age, when the Northeast United States was covered by more than 3,000 feet of ice, average temperatures were only 5 to 9 degrees cooler than today"

There is really nothing that can be done about the weather however.

Every one could pay for carbon credits drive electric cars, live in wood shacks, go vegan, feed all the cows worldwide gas-X to eliminate the plague of Flatulence, it really wouldn't matter. The weather wouldn't change a bit.

Better just to deal with changes in climate as they come, rather than try to stop the change which is futile

 

[fncceo]

Save for your own retirement. When you are living off of your own money, then you are not a parasite.

Where is your money invested?

Orphanages, workhouses, brothels, and crack houses.

All growth industries.