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4-part series on Fintech and the Climate Crisis. Part 1: Capitalism caused the Climate Crisis and can fix it – good ‘cos there is no plan B. by 2021-08-03 05:00:39 @BernardLunn 

China’s stock market crashes amid pivot to “just” economy with Chinese characteristics to end growth based on rampant capitalism

How Capitalism Invented the Care Economy

It's amazing when you read this, and Dalio rationalizing all these recent political interventions in markets as just a different form of "capitalism". It represents a fundamental misunderstanding of what made China's economic development over the past 40 years possible.

Looking forward to talking about "Mission Economy: A Moonshot Guide to Changing Capitalism" with @googletalks  today at 12pm (BST). Watch this space as the recording will be available soon!

The exhibition, titled "A Painter's Testimony," introduces the works of Serbian artist Vladislav Scepanovic, known for his pop art-style paintings criticizing capitalism and global hegemony. #art  #exhibition  #Serbia 

'Keynes viewed animal spirits as the essence of capitalism. Modern China lacks the foundation of trust that underpins animal spirits.'

“She quoted Fredric Jameson’s dictum that ‘it is easier to imagine the end of the world than to imagine the end of capitalism.’ Kleeman writes as if to say: Watch me.” via @nytimes 

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Every time Elon Musk pokes fun at government assistance for the 99%, remember that he would be worth nothing without $4.9 billion in corporate welfare. Oh, Elon just l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.

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When I graduated college in 1968, the typical corporate CEO got 20 times the pay of the average worker. When I became labor secretary in 1993, the ratio was 61-to-1. Today, the ratio is 320-to-1. Capitalism is off the rails.

Josh, let me explain Capitalism to you. Sometimes people decide not to do business with you. It's their decision. You know the whole "No Shoes, No Shirt, No Service" thing ? In your case it happens to be "No Principles, No Honesty, No Book" thing. Feel free to Self-Publish

Yes. Trump's not alone. Federal income taxes paid by corporations a year after his tax plan was signed into law: $0: Amazon $0: GM $0: Netflix $0: Chevron $0: FedEx $0: Eli Lilly $0: Starbucks Dr. King was right. We have socialism for the rich, rugged capitalism for the rest.

Shock of shocks! Donald Trump, the self-proclaimed billionaire, received a $72.9 million tax refund from the IRS while not paying a nickel in federal income taxes in 10 out of 15 years. Yep. Trump l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.

The coronavirus stimulus package carved out $135,000,000,000 in tax breaks for millionaires. That's *three times* as much money as was included for emergency housing and food relief. When I say we have socialism for the rich, harsh capitalism for the rest, this is what I mean.

Unfettered capitalism is Jeff Bezos making $8,961,187 per hour but refusing to provide paid sick leave for all of his employees.

Unfettered capitalism is Jeff Bezos growing his net worth by $13,000,000,000 in a single day, and still refusing to provide paid sick leave for all of his employees.

Unfettered capitalism is Jeff Bezos making $8,961,187 per hour but refusing to pay his workers if they get sick and decide to take time off.

Unfettered capitalism is Jeff Bezos growing his fortune by $24,000,000,000 during this pandemic, and still refusing to provide paid sick leave for all of his employees.

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