From what we can observe, most people with significant wealth seem to be peculiar in two particular ways: Appearing not wise enough to recognize and know that their wealth means another’s poverty and that that’s actually relevant because ultimately, they can only be truly well if everyone is well, and that they, too, live in a climate catastrophe from which they cannot escape, even if they built themselves the most sophisticated bunker.

Appearing not courageous enough to act to use their fortunes for the greater good and for everyone’s well-being, because they seem so afraid they would not have enough, even though they already have way more than enough (and will keep enough) to live a comfortable and fulfilling life, and to move away from their ways of “making” money, especially when these ways include exploiting and damaging people, animals, or planet, out of the same fear of not having enough, or other fears like not being able to replicate their success or being admired for it.

There’s some superb (and superbly sad) irony here that millionaires and billionaires are in the best
position to be role models, by doing amazing things for the well-being and advancement of mankind (and all species)

A logo for capitalism

L’incident aurait dû s’assortir d’une sanction fiscale de 320 millions d’euros… qui a finalement été levée par Bercy.

En attendant, les chômeurs sont des profiteurs du système

🤑 How it started : "«C’est l’opportunité du siècle» : malgré l’incertitude, ces patrons français qui misent sur l’Amérique de Trump"
https://www.lefigaro.fr/conjoncture/c-est-l-opportunite-du-siecle-malgre-l-incertitude-ces-patrons-francais-qui-misent-sur-l-amerique-de-trump-20250222

😱 How it's going : " « Nous nous sommes trompés, c’est l’horreur absolue» : face à Trump, la désillusion des chefs d’entreprise français "
https://www.lefigaro.fr/conjoncture/on-s-est-tous-trompe-c-est-l-horreur-absolue-face-a-trump-la-desillusion-des-chefs-d-entreprise-francais-20250325

Ça y est, ces grands "visionnaires" de l'économie française sont enfin en train de comprendre que :
1) Les Américains ne sont pas nos amis.
2) Le capitalisme, ça fait ouille ouille quand t'es pas en haut de l'échelle ?
Good.

Elon Musk finance les partis d'extrême-droite.

La note du Hollandais Volant à ce sujet: https://lehollandaisvolant.net/?id=20241220183727

Ainsi que l'article de Politico https://www.politico.eu/article/elon-musk-endorses-germanys-far-right/

(via https://social.sciences.re/@DamienPetermann/113678302111236791)

Les capitaine d’industrie prennent des décisions qui nuisent à leurs entreprises simplement pour flatter leur ego ou satisfaire leurs caprices. Ils ne sont capitaine de rien du tout et fonctionnent à l’idéologie. Il faut casser le mythe.

Diagram titled 'Possible causes of your problems'. On the left hand side, subtitled 'Yes': Funding removed from local councils, growing gap between rich and poor, multinational companies not paying their taxes, lack of new affordable housing, government not investing sufficiently in schools and healthcare. On the right hand side, subtitled 'No': Picture of small boat, with arrow; 'People fleeing horrific situations that you and I can't imagine'.

I'm a therapist and I've been watching this video on a loop for an hour

LMAO and so sad at the same time.

Public and private investors, along with the markets themselves, have become entirely decoupled from the concept of what “good” business truly is, focusing on one metric — one truly noxious metric — over all else: growth.

How the valuation of Meta is decorrelated to some facts such as opt-in of user data in Europe.

Uber accused a loss of 1.21 billion, but the stocks is up 5% (as time of writing). Uber loses money since 15 years... "This is why we see such vast oscillations of hiring and firing - because these companies are never, ever punished for failing to operate their businesses in a sustainable way, or even with a view for the futur"
and more examples.

"Everything ventured, nothing gained"
and the argumentation goes on

I’ve recently decided to stop reading The Conversation, after two consecutive posts were openly accusing Europe’s investors of not doing enough to be more like Silicon Valley. I’m seriously confused: how can anyone really believe, in 2024, that their business model is anything close to being sustainable? The mental slavery that parts of Europe still seems to be having towards the rot economy fuelled by a type of capitalism not integral to the continent is truly bewildering.

A move of Paramount Global.

Let’s start with something controversial: Capitalism is not an economic system. It is a philosophical and ideological force that shapes our lives, environment, and perception of humanity.

It’s a behemoth that thrives on relentless growth, often at a devastating cost. Under its reign, we witness the widening chasm of inequality, where the affluent soar on the wings of wealth while the less fortunate are left to the whims of an unforgiving market.

Our planet, the cradle of life itself, is treated as a commodity, its resources extracted with reckless abandon, its delicate ecosystems pushed to the brink for profit.
– Joan Westenberg, How to quit capitalism