• 2 Posts
  • 49 Comments
Joined 2 years ago
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Cake day: June 29th, 2023

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  • Looking from the outside, what the US has lacked is the “strong regulation” part.

    In my opinion the US is way too far on the capitalist side of the slider, you are not at “pure capitalism” yet. But sometimes it doesn’t seem like you have far to go.

    Private prisons are just a ridiculous, over reach of profit making into what is at its core a social problem that requires social solutions.


  • The communism / capitalism debate is an interesting one. Each system has its advantages, and I am a strong believer in a strong compromise between the two extremes.

    I don’t think that workplaces should be collectivized as a default. I also think that strong regulation and “big” government is a positive thing. The government should set the rules, for the benefit of all, but the game should be open to all players.

    I am also a very strong believer that there are some activities that are far too important to leave up to the market.

    • Health care
    • Education
    • Infrastructure
      • Water
      • Waste
      • Roading
      • Public transport
      • Communications
    • Social welfare

    For everything else, let the market decide. Collective ownership of cafes and hardware stores isn’t really something that needs to happen. But I would also be happy if a collectively owned cafe opened up nearby, I would give them the same weight as all other cafes (how good is your coffee).


  • absGeekNZ@lemmy.nztomemes@lemmy.worldThe only good billionaire
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    3 months ago

    Agreed, if you have a billion in cash sitting around, then do something with it.

    But in this specific example, and really any example where someone gains their wealth from “doing stuff”. It is not liquid, sitting around in cash to hand out. It is usually in stock of the company they found.

    While they are “young” and energetic making the world a better place, then keep on doing what you are doing. Once you “retire” from that then it is the time to donate.


  • absGeekNZ@lemmy.nztomemes@lemmy.worldThe only good billionaire
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    3 months ago

    There are different ways to accumulate wealth.

    In an example from my country, Sir Peter Beck, is only a billionaire because the stock value of RocketLab has rocketed up (pun intended). His total compensation for the 2023 year was just under $1M. Source

    I would rather that he concentrate his efforts to making the best rocket possible; he could in theory split his time and work to reduce poverty…but I believe that the rocket building would suffer.

    There are a lot of other people working to reduce poverty.

    I agree with your point that in general, most billionaires are shitty people who could do a lot more. But some people are billionaires because they are doing cool shit.

    Will Sir Peter become a cunt in the future, who knows. In 10 years will we look back and see the decline to Musk levels of cuntishness?



  • That is honestly insane.

    In NZ the sticker price is what you pay, if the price on the sticker doesn’t include tax, it is false advertising and you pay what is on the sticker.

    It is entirely up to the retailer to ensure that the price is correct. The only exception to this, is if the price is obviously wrong e.g. $5.00 rather than $500.