Posts

avatar of @mykos
25
@mykos
·
·
0 views
·
5 min read

Yes i understand what you're saying. The way a corporation is often times generally setup. Is legally you have to make shareholders money. You can't make decisions that purposely caused your shareholders to lose money. So yes facebook is going to be less than altruistic in that sense. However i do feel Mark Zuckerberg is on to the right mindset of the type of economy we're going to need to pursue in the 21st century.

We have a very shortsided view of how an economy works. An economy at the end of the day is nothing more than this interwoven ecosystem that impacts us all. So we can go on about nobody willing to do anything unless there is profit. However in the grand scheme of things you have to care about economic inequalities because they create unstable economies. You have to care about jobs being provided for communities. You have to care about the well being of citizens for crime and development of civilization.

So it's very myopic to think and thus every action taken has to result in someone gaining a profit or a system can't work. There are many examples where that's not true. So i view this thought processed as a less evolved economic thought process.

In a small business especially a minority based business there are companies that do this but their requirements are very very hard for many of these businesses to meet. I've looked into such companies that often times don't even deal with businesses unless they already have good earning records and balance sheets. Whereas facebook is saying we'll start buying them up at minimum $1000. Some requirements are about 5x that or around $5000.

Now that kinda money for midsized businesses or companies is nothing. For a small minority business struggling to stay afloat and needing to collect on their invoices. It could be live saving. So i don't see facebook or Mark Zuckerberg as benevolent but it's sure offering more than many of the capitalistic economic ideas of profit is the motivation for everything you do.

I certainly don't think this venture from zuckerberg is so much about profit motive. Mark Also gave some compelling speeches for ubi. I just don't think all of that is a ploy to make a more profitable facebook. Again there are legal requirements where many of these capitalistic corporate models which are installed in by the system and the structure which is again back to capitalism not mark zuckerberg. The law says mark has to do things that make his shareholders profit.

Now you don't have to create a good company just based on profit motive. It's many examples thats not even necessary. however notice its the law lol. THere are examples of the idea of the " social company" that cares about customers first and workers over profit and down the line that can translate to profit although indirectly. We're fixed on old 20th century models of what we think erroneously creates economic prosperity and stability and sustainability.

However let's look at the data. The data has shown since 1960 many families have gotten poorer in our standard economic models. Forget inventions and tablets and microwaves we are poorer. Doesn't mean anything if i can use a kool tablet but not be able to learn from the tablet because my belly is not feed. So we should stop confusing invention for economic prosperity there aren't always synomous. This is not a participatory economy. This is an economy where few people benefit in the whole.

So that's what never gets cleared up. So i don't think it's so much about facebook being the boogey man. i think facebook is one of those type things where you don't have to throw the baby out with the bathwater. Those minority businesses will be helped more by facebook than many other capitalistic models we praise. So i'm not going to condemn facebook for its more recent ideas. I think it's more recent ideas is better than many other system past ideas and present ones. Who don't do this. Who do nothing.

The profit model is not the end all be all anymore. I'll give you an example. A guy decides to dump toxic waste in my backyard to avoid a $10,000 disposal fee because for him profit is more important than the overall farreaching effects of what he's doing to our ecosystem. That's the problem with you all and capitalism. That the form you all are using is outdated it doesn't really work for the 21st century. These companies now understand they have to conform to models that don't transfer us to a neofeudalistic economy and get confused as some type of good capitalism

They understand they have to help to support our ecosystem not out of altruism or benevolence but simply because that's how economies work. We have to provide jobs and sustenance and a means of living for million and billions of people. It's not just a matter of everybody gets up in stride and runs. We can't call it capitalism in that sense because we got way too much government interference in what we call capitalism its just now that it's reaching its implosion point.

So people really need to take the time and understand this no longer some type of libertarian freedom of everything landscape. We're living in perilous times now where many of us will just be able to survive the system yet along prosper form it. those days are moving further and futher behind. this donald trump make america great type thing is just rhetoric and i can tell you why it's that.

Before trump became president he said the job employment numbers were false. When he became president he said they were real. Why? because no president wants to report bad job numbers or bad anything lol. So trump played the game. The reality is the game is still bad. The game needs changes. It's reached its zenith and i want us to be realistic about who the true beneficiaries end up being in all this and who aren't. It's not the people who should be the benefactors it seldom is.

One way i wanna help change this is by straightening these false narratives. I wanna do that with data and its not hard to do that. When we go to families especially across america it's quite easy to do it because they don't experience many of the ideas some of you all put out there. They know its all baloney. So we gotta be straight with these people. Tell them our version of capitalism is fake it's false.

That most will end up unemployed and we gotta find a way to deal with that upcoming crisis. That its went pretty much beyond repair. I hate to be that harbinger but acceptance of this reality only prepares us more for this problem that we have to deal with.

People like me and Peter Schiff always warning you guys lol.. it's human nature to wanna act when it's too late. I would imagine that will be the situation this time around. So we have to take it as it comes.

https://www.youtube.com/watch?v=fFpAcChNDQo&t=269s

Posted Using LeoFinance Beta