The consequence of failing dramatically isn’t that severe. You can just try again.
Ah yes, millions of people having their lives ruined is oopsie daisy. The sheer lack of basic human empathy on display here is stunning.
But this falls back to what you seemingly cannot comprehend. “The west” is not the US. The US is not “The west”.
What you seemingly can’t comprehend, having no actual understanding of the subject, is that the system never recovers to the same level. Each crash results in a wealth transfer to the top because regular people and small businesses aren’t able to cope with the increase in their expenses. This allows large capitalists to buy up their assets, putting the rest of the population further on the margins. As the system evolves over time, the working majority ends up in increasingly more destitute situation. Hence why US, Europe, and occupied Korea, are all starting to have mass civil unrest and a social crisis.
You’ve offered very little explanation of anything.
No, I offered specific mechanics that select for short term thinking, such as quarterly targets, and CEO compensation being directly tired to showing profits in the near term. You continued to ignore these explanations, never addressing them. Instead, you proceeded to bleat about living in a social democratic welfare state. I’m pretty sure you have no clue what any of those words even mean.
I’m not screeching for details. I’m asking you to provide any at all.
I did, and if you work on your reading comprehension you might even figure out what they are.
But things are just not that simple.
Anybody who is paying attention to what’s happening in the west politically can see that things are indeed that simple. Different countries happen to be in different stages of capitalist development, some still retain a social safety net, while others like the US, have torn it down completely. However, the overall direction of travel is the same, because systemic pressures are the same. People like you just can’t see the big picture and large scale trends due to having poor education.
My reading comprehension is just fine.
Very clearly it’s not, since you continue to claim I didn’t provide details when I did.
*I assume you consider all countries in “the west” and by “the west” I also assume you mean every country located west of Russia and North of South America. Feel free to correct me if that assumption is wrong.
I’m primarily focusing on countries that are vassals of the US empire here, but what I’m saying applies to any countries under financial capitalist regimes.
I’ll be honest. I was going to stop after you seemed to think millions of people get severely affected by startup companies failing.
But I powered through until I reached “occupied korea” to which I assume you’re talking about South Korea.
There’s nothing to gain here. “Quarterly targets” is your idea of underlying mechanics? Holy shit. This reminds me of the guy arguing about food with someone that drank their own piss.
I’ll be honest. I was going to stop after you seemed to think millions of people get severely affected by startup companies failing.
Except that’s not what I said at all. What I actually said was that millions of people are affected by constant crashes within the capitalist financial system. Startups failing is just a symptom of a much larger problem you’re struggling to comprehend here.
There’s nothing to gain here. “Quarterly targets” is your idea of underlying mechanics? Holy shit. This reminds me of the guy arguing about food with someone that drank their own piss.
I absolutely love how you keep outing yourself as an utter clown.
You said that in response to me talking about how “startup culture” has developed in the US. Can you stay in topic for a single comment?
Once again showing your lack of reading comprehension here. I was very clear from the start that I was talking about overall systemic pressures within the capitalist system. I guess that’s a problem with trying to have discussion with trolls, they just repeat a script and are unable to engage with the actual points being made.
I guess that’s a problem with trying to have discussion with trolls, they just repeat a script and are unable to engage with the actual points being made.
I explicitly said I’m not focusing on the US. I just used it as the most egregious example. Here’s an example from Sweden for you instead https://jacobin.com/2019/08/sweden-1970s-democratic-socialism-olof-palme-lo
Ah yes, millions of people having their lives ruined is oopsie daisy. The sheer lack of basic human empathy on display here is stunning.
What you seemingly can’t comprehend, having no actual understanding of the subject, is that the system never recovers to the same level. Each crash results in a wealth transfer to the top because regular people and small businesses aren’t able to cope with the increase in their expenses. This allows large capitalists to buy up their assets, putting the rest of the population further on the margins. As the system evolves over time, the working majority ends up in increasingly more destitute situation. Hence why US, Europe, and occupied Korea, are all starting to have mass civil unrest and a social crisis.
No, I offered specific mechanics that select for short term thinking, such as quarterly targets, and CEO compensation being directly tired to showing profits in the near term. You continued to ignore these explanations, never addressing them. Instead, you proceeded to bleat about living in a social democratic welfare state. I’m pretty sure you have no clue what any of those words even mean.
I did, and if you work on your reading comprehension you might even figure out what they are.
Anybody who is paying attention to what’s happening in the west politically can see that things are indeed that simple. Different countries happen to be in different stages of capitalist development, some still retain a social safety net, while others like the US, have torn it down completely. However, the overall direction of travel is the same, because systemic pressures are the same. People like you just can’t see the big picture and large scale trends due to having poor education.
Very clearly it’s not, since you continue to claim I didn’t provide details when I did.
I’m primarily focusing on countries that are vassals of the US empire here, but what I’m saying applies to any countries under financial capitalist regimes.
I’ll be honest. I was going to stop after you seemed to think millions of people get severely affected by startup companies failing.
But I powered through until I reached “occupied korea” to which I assume you’re talking about South Korea.
There’s nothing to gain here. “Quarterly targets” is your idea of underlying mechanics? Holy shit. This reminds me of the guy arguing about food with someone that drank their own piss.
“Vassals of the US empire”
You’ve departed reality a long time ago.
Except that’s not what I said at all. What I actually said was that millions of people are affected by constant crashes within the capitalist financial system. Startups failing is just a symptom of a much larger problem you’re struggling to comprehend here.
I absolutely love how you keep outing yourself as an utter clown.
cope harder
You said that in response to me talking about how “startup culture” has developed in the US. Can you stay in topic for a single comment?
I just explained to you why many startups in the US fail. It’s in the comment you just responded to.
The only clown here is you, so used to the makeup you can’t even remember it’s there.
“Occupied korea”, still laughing at that one. Thank you for outing yourself like the koala you are.
At least we can both agree that we wish you could live in the USSR during Stalins era.
Once again showing your lack of reading comprehension here. I was very clear from the start that I was talking about overall systemic pressures within the capitalist system. I guess that’s a problem with trying to have discussion with trolls, they just repeat a script and are unable to engage with the actual points being made.
Couldn’t have said it better myself.