• 11 Posts
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Joined 2 years ago
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Cake day: July 5th, 2023

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  • single biggest predictor and cause of far-right politics in the 21st century, foreign-born population

    The far-right doesn’t require foreign-born population to function. Yes at the moment this is the lowest hanging fruit that fulfils the function of an other however the lack of it doesn’t change the mechanisms that give rise and prominence of the far-right. If there is no foreign-born population, an other can be found within society, as it has in the past and present. Also, when an other has been “dealt with,” a far-right regime has to pick another in order to sustain its power. So even if you start with immigrants, natural born citizens of some kind are next. Leftists, Jews, LGBTQ people are historically common targets.





  • Not sure if sarcastic or I didn’t make my point well enough. Just in case I’ll expand. The bad thing is that the system necessitates ever increasing profits. It’s not the individuals. If Zuck fucks off to paradise Zuck Prime would take over the social media market and keep finding ways to grow profits year-on-year. The problem with ever increasing profit is this profit comes from the wages and time of people one way or another, leaving less for other social things like paying to meet friends, a partner, having and raising children. Multiply this process to most firms in most markets and you’ll soon see that this leads to social instability, unrest, crisis, and worse. Like it’s happened in the past in different places around the world. Today in the US, Big Tech does it, Big Ag does it, Big Grocer does it, Big Insurance does it, Big Landlord does it, Big Pharma does it, Big Entertainment does it, and increasingly larger proportion of the population gets squeezed out of time and money… for the basics or luxuries like friends and partners. And they’re not gonna take it laying down. Electing Trump was one salvo, even if counterproductive.

    Yes this is how things are supposed to work in the system but my point is that it’s a) driven by the system, not individuals, and b) the consequences are unsustainable.
















  • Right, for profit companies famously have a history of just handing themselves over to totalitarian regimes.

    There are Western for-profit companies who have Chinese subsidiaries developing and selling products in China. They make profits on those sales and hand them over to their shareholders in the West and in China. The Chinese government fully allows this so for-profit companies regularly do it. And yes the Chinese state often is a direct or indirect shareholder. But so could be Berkshire Hathaway. It’s not about handing over the ability to profit. It is about making profit. Also, Western for-profit companies often sell themselves to Chinese firms. E.g. Smithfield Foods, Syngenta and many others.

    China has no successful companies that aren’t approved, controlled and often subsidized by the party.

    That’s an interesting assertion. As far as I’m aware it’s typically the other way around. The companies that grow to be large enough or strategic enough give partial ownership to the government. Of course the government subsidizes important industries like every competent state does, but that doesn’t mean it owns every company it subsidizes. There’s no point in owning small fish. Some of those that grow even have foreign ownership. For example BYD has Berkshire Hathaway and BlackRock as some of its major shareholders.

    So in the case of NVIDIA, it’s entirely plausible for the company to move operations in say Shenzhen, retaining most of its current ownership, perhaps giving some ownership to a Chinese state company. The profits keep flowing to BlackRock, Vanguard, Fidelity and Jensen Huang. Pretty sure they’ll approve it if it means more future profits compared to staying in the US and being unable to sell to China and others. For example if Trump decides that both EU and China are bad hombres and forbids AI chip sales to them, while the US economy tanks, decreasing the domestic sales.