#capitalism will do anything for more profits. #bitcoin #nostr

#nostr #bitcoin #funny

So private health insurance is already a socialist model, but more expensive because of profit. Universal health care is the much cheaper socialist model but without the private company (third party) being the exploitive paywall in the transaction. I know…crazy when someone explains it to you correctly. #bitcoin #nostr #capitalism #capitalismsucks

Official Presidential Portrait released by Pam Bondi. #bitcoin #nostr #funny

#capitalism and the Christian god are the only two things I’ve ever witnessed get full credit for “good” things and full immunity with “bad” things. #bitcoin #nostr #capitalismsucks

#bitcoin #nostr #funny

Religious supporters of #capitalism forget that regulations and laws come from a need for them (not ALL but vast majority). Don’t create the demand for regulation and there won’t be any. Crazy concept, huh? #bitcoin #nostr #capitalismsucks

I love standing under that #capitalism and letting it trickle all over me! #bitcoin #nostr

Venezuela is yet another war caused by #capitalism. Profits is the incentive because it’s rich in oil, minerals, and other commodities. So what do these capitalist companies do to increase profits and eliminate competition? They use propaganda and any States military to take control and do their bidding. Read a history book. Profits over people and environment causes destruction and dehumanization. #bitcoin #nostr #capitalismsucks

@Saifedean Ammous the interview you did with Danny on WBD you blame everything on the government and fiat continuation on government. Who has more to lose if fiat doesn’t exist? I’m sure there are many in government who profit off of fiat BUT that’s NOT because they have a job in government. It’s like you take your logic and reason to a certain point and then it just thrown out the window and the only thing you can say is “government”. Let’s have a live or private discussion where you are politely challenged on your thoughts. #bitcoin #nostr

#capitalism is proof of stake. The capitalist gets paid by owning more stake in the means of production and by doing so exploits the worker. #proofofwork values actual production. #bitcoin is proof of work. #nostr

Every time I have somebody “explain” #capitalism to me like I’ve never read before…this is how I view them. #bitcoin #nostr #capitalismsucks

Please show me a place or time where #capitalism has worked for the whole of humanity and not just a few. #bitcoin #nostr

You can blame it on the #fiat all you want but time will tell eventually. #capitalismsucks #bitcoin #nostr

We can disagree on the risk profile but that doesn’t change the dynamics. The owner as you say has full autonomy, therefore the workers provide labor with the trust that the owner doesn’t make a bad decision. I understand the dynamics of bidding jobs, keeping books, and all other aspects. You need to be compensated fairly for all that you do. But, without the workers producing, it doesn’t matter what you sell, and all other aspects cease to exist. You have to have producers. That’s simple. You are right, in some companies one person or department controls quality control. That job is not more important than any other aspect. What I have learned, there are people out there who will gladly take on more responsibilities for more compensation. If those things are too stressful for you, try giving that aspect to someone who can handle it better. No a house loan is not different. Notice you didn’t speak to the business loan or equipment loan aspect. No profits is not a way of realizing gains from a business. Compensation is a way of realizing a return on investment. Profits means you can charge less or pay your workers more. I know, I know, it’s not what you have been taught and you see everything as “yours”. “We owe all innovation to capitalism” is a god like claim. You believe that without any actual evidence. A key tenet of capitalism is profit, so if someone creates something just to help themselves or others for no gain…well that’s not capitalism as an incentive. A great example of that is Bitcoin. I’m helping my friend build his house and I’m not profiting at all. Nikola Tesla invented many things he died poor and with many capitalist knives in his back. In the pre colonial Americas, the word profit nor property rights existed…there was no such thing. Humans literally existed for tens of thousands of years with profits or property rights. They made tools, harvested, produced, traded all without profits or “owners”. You believe capitalism exist and has to because they tied it to your “freedom” and your “right”…they sold us a lie. Now you believe it, without any actual evidence except that you read it in a book. If you go under and those who work for you don’t care…that’s probably the main reason the company folded OR you made a dumb decision. Again, if all parties have real interest in something surviving, they will all work hard to ensure it succeeds. In the book Art of War, it is stated that if you put your army in the position of life or death, you will get the most out of each fighter. Humans are badass, they are even more badass when they work together towards a common goal. Why do we seek to separate them in recent history when it comes to economic gain? That’s because it validates the entitlement of those who exploit others. Instead of us pointing out greed as bad, they say “but you can be greedy too”. It’s that simple. That is capitalism. In my opinion, you are misinterpreting free markets, profits, and the abundance of history that humans have. You won’t believe it today but I want you to remember I told you this…capitalism created fiat currency in order to profit more. When that clicks, it will all make sense, even the corruption of other social structures like governing bodies being corrupted by greed. #bitcoin #nostr #capitalismsucks

I appreciate the opportunity to respond to a very good question. I must clarify, I am more of a reluctant anarchist, not socialist, however reading about such things is my passion. You deserve recognition for what you have accomplished. I too, started construction at the age of 14 and learned from those around me. Sounds like we both owe our trajectories, at least a little bit to those who took the time to show us. Most training in construction comes from the workers because the “boss” is seldom on site…which I vowed to never do. Ive started several companies in construction at different trades. Some worked out great, some did not, and it was just like college in the fact that I paid for my education in losses. However, in every endeavor, I always worked beside those who worked with me and never allowed anyone to call me “boss”. Being that I’m very aware of the risks in starting a business, you absolutely need to pay yourself back for that risk. Your compensation needs to be calculated in your labor costs, as well as any loans you may have. Profit is not necessary for a company to function properly. Profit is what’s left after all bills are paid and labor which YOUR compensation or loans is included. Now, if you just so happen to have some left over after all costs are paid, you should share that with every one involved in producing the bonus money. Nobody, even you, has ever built a business all by themselves, much less scaled a business. Please do not do the disservice to your own intelligence by claiming you alone built it all. Again, I know the anxiety, sacrificing it takes, especially at the beginning but that still does not warrant “boss” mentality that you are describing. To recap, you took risk and maybe loaned money to the company, pay yourself back and pay yourself fairly for the work involved BUT no one is entitled to compensation if they do not work, even if you started the business. Profit is a novel concept and not necessary for a business to function. If you do have excess left at the end of the year, invest it in the workers. If you received a loan from the bank to start your business OR use a loan to acquire equipment; is that bank entitled to compensation from that loan in perpetuity from the business, even after the loans are repaid in full? Is the bank entitled to charge rent for a home it loaned money for in perpetuity even after the home loan is paid in full? To state that the workers have no risk and go home care free is a misrepresentation of the equation. For one, the more one is invested or reliant upon the work by, say, compensation, the more for them to lose. Therefore, a worker compensated by revenue or product produced is just as invested in the company as a “owner” would be. THE ONLY difference is, the owner in most cases these days controls the means of production, the money, and by default makes all decisions. So, one could argue the worker has actually MORE risk than an owner AND is under compensated for that risk. A owner could make one or many wrong decisions that lead to bankruptcy or jobs loss…to which the workers suffer for something they had no control over. Not only did they lose their job but the owner made the lions share and has enough assets to start again while the worker was paid far less than what they produced barely making it by. Who suffers the most will always tell you where the most risk is…remember the bank bailouts of 2008? On top of what was just said, the workers, depending on your industry typically sacrifice their bodies and health far more than the owners. We don’t need to look to hard to find examples where the life expectancy of a coal miner vs the owners of the company differed greatly. So while the owners take from what the workers produce, it’s at the cost of the workers health and body. To recap, there are some owners who produce alongside the workers, but to what degree and at what compensation level? It is clear that if the owner properly paid themselves back any loans they gave and they pay themselves a fair salary BUT maintain ownership of the means and control capital…the workers clearly have more risk. There are non profit organizations with compensation models for work performed. Profit sharing is also a model some use. Co-Op is another business model tested and proven. Supporters of #capitalism do a great job at controlling the narrative by making others believe there is no other way but capitalism. But, this is simply not true at all. Now, I do not have all the answers and speak only for myself, but we would in your own words “learn as we go”. However, “for profit” is mathematically unsustainable and exploitive at best. To start, just a humble start, take profits out of food, shelter, healthcare, education, and any other life essential. Everybody who provides these things will still get compensated fairly…just like Co-Op workers, profit sharing workers, non profit workers. By eliminating profit, you cut out those who take without producing…point blank. If you want to profit off watches, luxury cars, luxury boats, recreational items…whatever is not essential, please do. We cannot claim to be a sophisticated species that is far superior to all others when we still use paywalls to profit off of our own people when it comes to necessities. When we still have “owners” of the means to things we all need. When we defend those who have more than a million lifetimes of production and others have nothing. It’s time to take the next step, to evolve into the times of abundance and global unity. I don’t know what it looks like exactly but I’m sure it’s a mix of capitalism, socialism, communism…and whatever else we can think of. We may come up with the perfect solution only to have something new come along that we could never have predicted and shake it all up again…#bitcoin Quit defending capitalism like it’s the best, like it’s the end all be all, like it’s settled science. It’s not…we have centuries of data that says otherwise. Let’s move on and find a solution for everyone and set your egos aside. The only way forward is #proofofwork , this was not accident by Satoshi. #nostr #capitalismsucks

#bitcoin #nostr #maga

#capitalism is a religion that was sold to the masses using hope to brainwash. #bitcoin #nostr #capitalismsucks

Why do most of you blame the government? The corruption comes from #capitalism seeking to further profit making. Greed has always corrupted society and governing bodies…capitalism thrives off greed. #bitcoin #nostr #capitalismsucks

This is #capitalism. Why do you defend the plantation owners? #bitcoin #nostr #capitalismsucks