

I would argue a capitalist nation is any one that allows the conversion of natural resources into private (not personal) property by law, and facilitates the exploitation of those resources through a market.
A little of many, and a lot of very few.


I would argue a capitalist nation is any one that allows the conversion of natural resources into private (not personal) property by law, and facilitates the exploitation of those resources through a market.


It is funny to me that china can pretend not to be a capitalist nation while displaying every symptom of capitalism.


That will fix it.
7 is basically the target age for star wars.


Ryan Cohen is very strange and uncomfortable.
Public perception of game stop is already poor and he is not helping that.
A few quarters of profitability is hardly enough to go on if you are trying to measure long term stability.
Gamestop revenue has never recovered to pre-pandemic levels.
Personally, if I am investing in a company, I am doing it because I believe in their mission for some reason. Maybe they are vital to the community. Maybe they are doing things in a way that is more ethical than their competition. Gamestop sells cheap plastic shit, I cannot make myself believe in that.
Frankly the whole idea of investing in a company to make personal profit out of it is cynical and rooted in exploitive capitalistic thinking.


When you invest in a company you also then have a vested interest in them doing well. That can cloud your judgement and cause you to look at the things you want to see.


Being that he is a billionaire, his connection to reality probably rivals your own.


That is still only $29 billion and somehow I don’t think the CEO is gonna raise another $27 billion from selling socks and knickknacks. Kinda just sounds like inserting a middleman to angle at more profit. I would rather not pay a surcharge for eBay auctions, even if it adds some kind of quality assurance. His explanation of the acquisition just seems like more bullshit.
Edit: I wonder how many bag holders from the memestock era are viewing this as their salvation.
If people refuse to pay the prices and use their products then eventually they will run out of money and credit to do so.
Typically the use of fertilizers and pesticides for farming just increases the need to use fertilizers and pesticides the next year. Its not a very sustainable application. Make it through this season because you poisoned all the aphids, but you completely destroy the food web they are a part of too and leave nothing but more room for them to spread next time.