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The hottest 14 days ever recorded are the last 2 weeks
(lemmy.world)
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this post was submitted on 18 Jul 2023
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Man I am kinda sorry, that I invade your worldview.
But rich people don’t have all their money stored in a vault like Dagobert Duck. It’s all stocks.
And boy, if one of the companies make losses, then their money goes downhill. It’s volatile.
And due to immense concurrence in innovation in the tech sector, every investor has a huge interest in innovation.
And with many investment, the start of a company is ensured.
The current capitalism is the system that works best.
Especially the US capitalism is one hell of a driver in innovation. I live in Germany and many companies wouldn’t be possible here. Even though we have capitalism, it’s much softer than its US counterpart.
The downside of course is poverty for cheaper labour.
And that’s brutal, but it’s the reality we live in.
Though I wouldn’t want to live in the US without healthcare, on the counter side I wouldn’t want to start a company here in Europe.
UserDoesNotExist, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone on this website is now dumber for having read it. I award you one downvote, and may God have mercy on your soul.
... A simple "wrong" would've just been fine....
Edit:
for those who missed the reference
Nah I like this better
.... It's the response that Billy Madison gives to that quote....
https://www.youtube.com/watch?v=Ec7rCsNFn30
Here is an alternative Piped link(s): https://piped.video/watch?v=Ec7rCsNFn30
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source, check me out at GitHub.
Sorry if you do not understand the system we live in.
My dude, your argument boils down to "this is the way we've always done it so this is the way it must be".
Have you considered the possibility that if innovation were to slow, and companies DIDN'T insist on quarter-after-quarter growth, the world might just continue to turn? That while the richest individuals may be slightly less rich, the vast majority of people would continue their lives with no negative consequences?
But we haven’t done this always. As humans we have tried different attempts. Socialism, communism, monarchy, feudalism, democracy, capitalism, social capitalism, anarchism,…
And here we are now. After all those experiments.
But we humans are not made to chill. We need to advance as fast as possible. My parents and their generation did so. We now have AI becoming increasingly popular. And sooner or later I will hopefully have children. So I have to do my part, that the lives my kin will be better than mine. Better medical tech, better education, better transport, better tech,… Of course the world would continue to turn.
I don’t understand why you always believe that if the rich were less rich, that anything would change. It would not.
Have you considered that this too might be an 'experiment'?
Defenders of monarchy and the divine right of kings used to argue the exact same thing - that we tried democracy before and it failed in the Roman Republic and Ancient Greece - so clearly feudal monarchy is the best, right?
Yet here we are, experimenting again.
Why is this joke of a system the ideal? It doesn't produce innovation - most of the stuff that led to the internet and modern computing came out of DARPA and various govt funded universities. All of our space advancements were from state-run NASA and the Soviet space programme. The wealthy CEO types only start 'innovating' after taxpayers fund most of the R&D. Same with medical advancements, material science, physics - almost every single positive innovation has come from state-run, taxpayer-funded, or non-profit institutions.
Maybe try reading a little bit more about all this innovation you seem so fond of:
https://academic.oup.com/ser/article/7/3/459/1693191
https://demos.co.uk/wp-content/uploads/files/Entrepreneurial_State_-_web.pdf
https://yewtu.be/watch?v=oLLxpAZzy0s
Yes. It very well might be. But todays world is so strongly interwoven. Tons of conflicts are constantly challenging the system. And it has yet to break. The final test will be the sudden termination of economic growth. This will be the point, where it will be shows how resilient capitalism rly is.
Tell me which system to try next. But pls don’t suggest to repeat another one again.
And that’s a good thing.
That was maybe the start. But big companies managed to elevate the importance to another level. The complexity of everything was reinforced and elevated drastically, driven by private companies. Just take a look at AI at this point. AI is innovation, mainly driven by private companies.
Because most of it was useless. What kind of innovation did. space exploration bring to humans?
As I already stated, this is not the case. Especially pharma, medical and IT is heavily driven by big corporations. Basic research on the other hand, there you are right. As it usually does not feature real world appliances, means that it’s mostly founded by tax payers and the government.
Especially medical innovation is heavily driven from the private sector. Pharmaceuticals as well. There is not much involvement of any government or tax payer.
But as I said, mostly for the basic research. Without much interest in application.
I have a good understanding of sciences. Especially in chemistry and physics. Thanks.
None of those links are about Chemistry or Physics. The demos link is Economics, The Entrepreneurial State. The youtube link is about the history of the internet. Maybe try learning something that isn't STEM. Might broaden your way of thinking.
I'll respond to the rest of your comment later, although I'm not sure I want to anymore since you clearly have no interest in taking into account new information.
Also how the fuck can you be interested in technology and say something like this:
If you know anything about any science you should know how stupid of a point this is
And when the average summer day is 60c and crops fail every single year, and Nestle has taken half our drinking water, and the smoke in the air from wildfires is giving everyone asthma, and deadly storms happen year round, and the coasts erode, and wars break out for the remaining water/etc, what will you tell them? Will you tell them to look at the brilliant 'innovator' CEO's who intentionally shut down electric cars? The CEO's who found out climate change was happening sixty years ago and intentionally hid it to keep themselves rich, what do you tell your kids about that?
What innovation is worth your children dying early?
I don’t believe that those scenarios are that plausible.
Here is south Germany, the climate change has led to mediterran plants growing here. The plant life for the climate already exist. And they are spreading (olives don’t make it through the winter yet).
Change is happening, but adapting to it is possible. And solutions for adaptation do not have to be invented, because they already exist.
lol i think they said the same thing about the Titanic sinking. also the submarine guy said the same thing about it imploding.
Hmm 🤔
also all evidence that’s not conservative propaganda points to us hitting the worst possible outcomes when it comes to climate change. Read the IPCC reports and the worst case scenarios listed within. That’s what’s going to happen over the next ~40 years
You know, as a member of the SSBN force, occasionally during thermonuclear launch exercises I take a moment to regret the death of humanity and the biosphere. People like you, on the other hand, are what steels my resolve to flip the switch with gusto. I hope you know that I'll be thinking of you, should I receive the order to commence procedures to launch.
You sound like a fragile personality. You might be in the wrong occupation.
Or you might be talking bullshit. Because I doubt that you would have internet on a submarine.
Shipmate, I am a Navigation Electronic Technician First Class Petty Officer, fully qualified in both submarines and in my rating. I have been on five strategic alert deterrent patrols over the last three years. I've been through fires, flooding, and steam line ruptures. When we set condition 1SQ for Strategic Launch during WSRT, I was the one at the consoles conducting the procedures to do so. I've been a helmsman, planesman, Strategic Navigation Technician, and Quartermaster of the Watch.
Of course I wouldn't have internet while submerged or at sea. Have you ever heard of in-port periods?
Fragile personality or not, I'm the sailor at the switch. What have you done with your life, shipmate?
Don't let the troll get to you... I've had someone on here a week or so ago tell me I was lying about my expertise. It's almost like they're all taking lessons from the same people.
Do you not understand the system at live in is actively dooming us all? Why are you so vehemently defending it? Especially when you can acknowledge that other systems can exist?
Why would you think that companies going bankrupt is somehow worse than people being increasingly unable to live.
I don’t think that it is dooming us. I cannot imagine a system that would lead to more freedom, better education or innovation.
Even though I acknowledge that other systems have been tried in the past, I also believe that all of them, except capitalism with a few social tweaks, have failed.
Because tons of lives are also depending on the company to keep on running. Making some people’s lives worse will probably not fix the problems of others. Instead the people that are in need of betterment must get a tailored solution. Tailored towards them without the need to completely overhaul a working system.
LOL.
Capitalism fails every ~8 years requiring the use of vast amounts of public funds to keep afloat. I'd also say if fails daily if you look at all the needless suffering occuring in the world today, especially in the most "free market" countries and the countries these exploit. We have "socialism for the rich, capitalism for everyone else," as Jon Stewart would say.
I personally know people that endured the UDSSR. And those stories are not pleasant.
And seeing the anti capitalistic movement being accepting of radical ideas and the idea of using violence and the belief that the vote of the masses (who are in favour of Capitalism) is unimportant, just makes me believe that anti capitalistic movements all strive for what we saw in the UDSSR and today in China.
I only accept political ideas that have been viable for years in other countries without the occurrence of dictatorship. If you are a US citizen, then the wishful view to Western Europe is the only one I’d accept as reasonable.
And as a Western European myself, I can say that even though we currently face massive problems with immigration, life here is still more enjoyable than in the rest do the world.
Hey guy uhhh
Check the planet. It is literally burning right now and we are all going to either die, or have our lives massively changed by this climate catastrophe.
Oh brother
I might lighten you up a bit.
The methods to combat climate change are already there. We already have the means for weather engineering.
The future is inevitable. And so is every step towards it.
Lol people like you that believe humanity will always overcome make me laugh. Talk to any environmental scientist and they will tell you we’re fucked. There’s no secret technology coming to save us.
The 'future' is not inevitable. There have been countless collapses in history. Our technology doesn't make us immune. The people of the major Bronze Age powers probably thought the same.
Also we do not have the means for weather engineering. If you're talking about SRM, we have no idea what its consequences will be or how to do it effectively. It's all theoretical. No aircraft we currently have can do this stuff. Sure, we could design it and build one, but then you need global governance to actually implement it properly. Not to mention the risk of 'termination shock' and countless others.
Have a look at the scientific literature: https://www.semanticscholar.org/paper/Stratospheric-aerosol-injection-tactics-and-costs-Smith-Wagner/e4e5a78335eda8c16557b32af915798b06091362#cited-papers
Would you seriously risk the future of life on Earth on something this experimental?
I fear this arrogance will kill a lot of people and cause a lot of suffering.
Also
This kind of futurist accelerationist thinking hasn't turned out well in the past: https://en.wikipedia.org/wiki/Futurism?wprov=sfla1 It always ends up feeding into Fascism. I wonder why.
Somehow double posted. So this is now a blank comment.
Ok Raiden
Ribbit
btw they do store a lot of their money in vaults where it doesnt benefit the economy at all.
This is in the form of expensive art that stays in containers in tax-free zones, and offshore accounts in tax havens.
Please educate yourself.
https://archive-yaleglobal.yale.edu/content/how-wealthy-sell-treasures-tax-free
https://www.icij.org/inside-icij/2017/09/7-charts-show-how-rich-hide-their-cash
https://en.wikipedia.org/wiki/Panama_Papers
https://academic.oup.com/ser/article/20/2/539/6500315
Wealth hoarding is a massive problem irl