Ted Reese

▶️ Capitalism is DYING and BIRTHING COMMUNISM | The most important thing you'll ever watch ☭ Like, comment, share, subscribe youtu.be/Bl9_z2QmMb8?si…

@RichEllefritz @IfindRetards Profit = growth = devaluation = less profit per commodity Innovation = faster production = devaluation Full automation = no worker/consumer/exchange of money/ownership

@Grossmanite @IfindRetards As compared to...? 😐😑😐...capitalism makes money worthless?

If capitalism were good there would never be poverty. Fix hunger, housing, and education and people will love you. Cause it, and be rightfully reviled.

found a gem in my yt feed today

The coming war on Cuba is a war on the world's only environmentally sustainable society, a war on a nation which has devoted more resources than any other to medical support internationally, a war on free healthcare, housing and food access. It is a war on human dignity.

JUST IN: 🇮🇷 Iran suspends all petrochemical exports until further notice.

@ElectrikRich @JiTistsu @COPIER @NYCMayor Agreed, better to nationalise it and the rest of the economy

Happy Tax Day, New York. We’re taxing the rich.

Or they'll start WW3 in a feat of incoherence, insanity, hubris and miscalculation unparalleled in human history, the closest comparable strategic failure being the Iran war. Probably not but Christ, at this point I wouldn't wanna call it.

Notice how China never talks about destroying America, they just want to sell us stuff. Meanwhile psychopath Americans constantly talk about destroying China China doesn’t even care about exporting their ideology around the world like America does Who is the true threat to humanity? Every single person in the world should be siding with China over the bloodthirsty Epstein regime in the west

@Paul78628124316 @ArtimissD @scorpio8675309 @RNCResearch Or hundreds of millions, in the case of US imperialism?

@ArtimissD @scorpio8675309 @RNCResearch so then, how many MILLIONS KILLED is a GOOD and OK number for you?

Hasan Piker: “The fall of the USSR was one of the greatest catastrophes of the 20th century.” This is who Democrats are embracing.

How do you offset capital's tendency for falling profitability when the tax rate is already 0? x.com/i/status/20443…

@JohnBaima @BenGKaplan65 @grok @DarrigoMelanie It's about offsetting the rate of profitability to fall. Capitalism per se is the issue.

Because her "solutions" will not work. It's the reasons why some companies pay less than expected we need to focus on. Make taxes about collecting revenue as efficiently as possible and stop trying to alter behavior. We spent the last 25 years giving ridiculous tax breaks due to the "existential threat of climate change." That was all nonsense so why continue to listen to these same people who have been leading us down the wrong path for decades?

Disney: $8.3B in profits $0 paid in taxes CVS Health: $6.57B in profits $0 paid in taxes Tesla: $5.7B in profits $0 paid in taxes Citigroup: $4.45B in profits $0 paid in taxes United Airlines: $4.3B in profits $0 paid in taxes Coinbase: $1.62B in profits $0 paid in taxes Palantir: $1.58B in profits $0 paid in taxes PayPal: $1.43B in profits $0 paid in taxes Yum! Brands: $1B in profits $0 paid in taxes At least 88 companies reported $105B in profits last year, and paid $0 in taxes. But Republicans want you to think someone working 40 hours a week for poverty wages, relying on SNAP and Medicaid to survive, is the problem. itep.org/88-profitable-…

@samswoora @Rutibex x.com/i/status/19026…

@Rutibex Ya I consider that #2

there is one scenario 1) the AIs are 1000x smarter than the capital owners and do whatever they want. likely something better than capitalism

@oneiromanticore @samswoora x.com/i/status/19026…

Hey, I've been following you for a while, I've assumed you were a software developer or tech adjacent. Yes I've intuited these four outcomes exactly, but I've wanted to ask someone who is more in the know: what and how valid is the 'permanent underclass' concept and how much is terminally online sensationalism? I sense/understand the concept floating through the zeitgeist is that there's this 'window' where whoever uses and masters AI will replace human labor, those tech brahmins will owns the AI and will stay rich (while our money and capital structures stay the same) therefore permanent rendering upward mobility impossible and most labor useless. I just somehow find this hard to believe though in practice, although maybe I'm wrong and being unimaginative, which is why I want to ask. So 1.5% percent of people who are capable or tech savvy enough will vibe code a SaaS app and extract permanent rent and everyone else is disenfranchised? How much does the world actually need more SaaS? I could see 20 DMV workers being reduced to one in person worker at the DMV supervising a set of 20 kiosks running capable chatbots, like self-order at McDonalds. So yes, 95% job loss for people who check your eyesight and take your photo and take your signature at the desk. But people make it sound like AI is going to replace all human labor, which just doesn't seem feasible. (Maybe the robots will get better than I think in 5 years, and we literally won't need humans for 95% of stuff except for the fields you mentioned (which make sense, Moms, hookers, etc) and we'll have robots who can fix a corroded break line, cut down trees safely, notice a piece of Saran wrap has fallen into the beans at their line cook job and fish it out and then remember to wash it's hands after, get electrical wires through awkward holes at weird angles, etc... Or is that what people mean by permanent underclass'? White collar labor takes a 90% hit because AI is better at office admin, law, investment banking, software development, marketing, PR, logistics coordination....for every 10 lawyers there becomes one top dog with a team of agents and the ones who didn't make the cut end up washing dishes? In other words, there's still labor but not enough high value labor to go around? Wouldn't another possible simply be unionizing for shitty jobs that are now high value because they're the one thing robots can't do? A strange sort of inversion of the 'nation of artists and philosophers' who have transcended material needs, it would be a nation of guys-who-can-twist a rusted lug-nut-off-in-bad-lighting-conditions-using -he-not-quite-right-wrench because Jim forgot his kit but we don't have time to go back for it, those things it would be hard for AI to do. Perhaps I'm wrong and Optimus will get so good that we don't even need people on oil rigs, doing carpentry or in the Army Rangers anymore at all. That just seems like a pretty distant pipedream though. If blue collar work is all that's left, wouldn't these people have sort of a labor bargaining power as a mass of helots if Amazon, for example, becomes just 3% of it's former staff and an army of bots? I suppose that's somewhat what you're talking about with 1,3,4. I wonder if 5) possibility is that it's like the industrial revolution. Half of the shit people used to do becomes obsolete, but everyone keeps just as busy because we use the new capabilities for solving bigger problems, creating more stuff, and building bigger things? This whole 'permanent underclass' concept seems defined differently by a number of people and like it could go a number of ways. Anyhow I'm curious what you think

There’s like four scenarios: 1) capital lock in permanent underclass 2) rules are rewritten and all accumulated capital is worthless 3) human labor adapts to fill niches (think mothers paid for being moms) so mobility can still happen 4) UBI 4 everyone yipee, maybe mixed with #1

@moengke @usr_bin_roygbiv @samswoora x.com/i/status/19026…

@usr_bin_roygbiv @samswoora Technologies are game-changing, always have been. What’s persistent in your view? What’re the alternative futures?

@Trumpyla @Macropulse98 @zerohedge Why don't you do what China does and that enables low cost energy innovation? Take your economy under state ownership

@Macropulse98 @zerohedge We can’t compete with China in solar manufacturing. The Democrats’ solar-heavy strategy would leave us dependent on China for energy, is that really what you want?

Four months later, China has added 9 more reactors and is now building a total of 39 nuclear power plants. Meanwhile the US has added 0 and is still building 0

@RichEllefritz @IfindRetards Poor quality nutrionless 'food' is not abundance lol The question is: can capitalism/private production keep expanding commodity production without diluting quality (in order to offset devaluation/tigjtening profit margins) and without making money worthless?

@Grossmanite @IfindRetards No, I agree. There is no abundance in capitalist societies.

@RichEllefritz @IfindRetards Which bit is wrong and why?

@Grossmanite @IfindRetards Sure.

In 2022, Israel's net favourability among American men under 50 was minus 3. It's now minus 47. Support for Israel is becoming a fringe opinion in the West.

BUSH: Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we.

@LeighWolf @appodlachia

@appodlachia China’s auto market has enjoyed massive state subsidies. If private companies had to compete with only private investment in China, they wouldn’t exist. BYD, et al, would not be around if they were subject to market forces from day one.

Capitalist businessmen when someone suggests capitalism

@RichEllefritz @IfindRetards Capitalism/private production can't do Abundance because Abundance of supply = super low costs, too low to be profitable Can't do full automation bc that means no wages and therefore no consumers Which means capitalism stops innovating. Which means it collapses.

@Grossmanite @IfindRetards Obviously.