Yesterday at 08:19 AM1 day Author On 8/24/2025 at 5:49 PM, Matt! said:And the argument here is?The claim that 10% ownership is 'communist' is arbitrary and based on 1990s western neoliberal ideology rather than facts. The F500 is heavily involved in the government to advance their own interests (the US is kleptocracy)- in fact influencing government to secure corporate interests that is that what CEOs spend much of their time doing.Also it ignores the obvious role of the public sphere in industrialized East Asia (China, South Korea, Japan, Taiwan) that have industrial policy that manage hyper-capitalist systems underneath them that are far more competitive than in Western countries and have de-industrialized them by taking away their market share.https://en.wikipedia.org/wiki/List_of_largest_companies_in_AsiaIf the Democrats did the same thing Trump did the anti-Trump influencers would not complain and rationalize their actions for 'their side'.
Yesterday at 08:53 AM1 day Author On 8/25/2025 at 2:14 PM, Matt! said:The problem here is that Peter Schiff's bot is a gold-bug financier that profits from depressions. (hardly an objective party). The rise of Trump is the direct result of working for aggressive de-industrialization, and its profound social problems in favor of global finance & shareholder value which is the precisely the policies advocated by Republicans/Democrats/Neo-liberals in the 1980s/1990s. Industrializing is hard, expensive,- can take decades- which makes it harder to finance. This is why in the stock market it is relatively weak compared to its actual social value. Instead, an industry like finance (which is high profit but socially destructive) rose to 4 times its natural size.Peter David Schiff (/ʃɪf/; born March 23, 1963; nicknamed "Dr. Doom")[4][5][6] is an American stockbroker, financial commentator, and radio personality.https://en.wikipedia.org/wiki/Peter_Schiff
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