From Prof. Eliot Jacobson:
Wow! Wow! Wow!
North Atlantic sea surface temperature anomalies are going vertical again. And yes, I needed to extend the y-axis.
Yesterday’s temperature of 24.49°C (76.08°F) was 4.2σ above the 1991-2020 mean. The previous high for July 17 was 23.71°C (74.68°F) in 2020.
https://twitter.com/EliotJacobson/status/1681321023306874880
Capitalism is working! Line go up!
This isn’t the free market we imagined… it’s unregulated capitalism, to the point that smaller eco-friendly companies can’t compete. At this point the market isn’t free anymore.
It works as intended for the guys who own the politicians so its not getting fixed.
It never was. Remember, capitalism has to be regulated to work. Adam Smith even said so. Looking at you ancaps and libertarians.
According to Adam Smith, markets and trade are, in principle, good things—provided there is competition and a regulatory framework that prevents ruthless selfishness, greed and rapacity from leading to socially harmful outcomes.
Indeed. People almost invariably conflate capitalism with free markets, whereas those relatively independent properties.
George Washington was one of the richest men in the world. What do you think he was imagining exactly?
What sort of stupid comment is this blaming George fucking Washington?
He was the first US president and paved the way for the writing of the constitution, which is the basis of how the wests entire capitalist structure (and due to US controlled international hegemony, the world). Does that clear it up a bit for you where my point is? I can explain it further if you want. It’s not the only factor, but when people say “this isn’t the free market capitalism that was intended!” I tend to roll my eyes.
I tend to roll my eyes when people think any one man is responsible for setting up the entire Western capitalist structure. I don’t actually think that’s what you’re saying, but it’s important to note that George Washington may have been the final decider, but had otherwise little to do with forming and reforming the policies that make up the capitalist structure as we know it today. It’s extremely lazy to try and blame it on any one person.
Yeah that’s not what I was trying to do dude lol
The intent is to blame the Founders, and they all were rich slave owners and businessmen. The entire American revolution was reactionary. This is what they wanted.
or you’re a idiot talking conspiratorial nonsense because you’d rather do that than actually understand how the world actually works.
must be nice in that head of yours. all cozy and warm.
He was also worth the equivalent of half a billion dollars.
We need to stop this rhetoric. This is what “free market capitalism” always devolves into. It is not Marxists who are utopians, it is capitalists who believe that this is not the natural end result of the accumulation of power and rise of corruption that is inherent to capitalism.