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#capitalism

157 posts110 participants3 posts today
Public
☭ 𝗖 𝗔 𝗧 ☭

"He (Proudhon) wants to soar as the man of science above the bourgeois and proletarians; he is merely the petty bourgeois, continually tossed back and forth between capital and labour, political economy and communism."

– Karl Marx, "The Poverty of Philosophy,"
Chapter Two: The Metaphysics of Political Economy, Part 1: The Method
#socialism #communism #capitalism #marxism

marxists.org/archive/marx/work

www.marxists.orgThe Poverty of Philosophy - Chapter 2.1
Public
stevenray

Big banks predict catastrophic warming, with profit potential

'severe droughts and harvest failures become widespread, sea-level rise is measured in feet rather than inches and tropical regions experience episodes of extreme heat and humidity for weeks at a time that would bring deadly risks to people who work outdoors.'

Their response?
Hey, we can make lots of money!

These people are a threat to our very existence.

eenews.net/articles/big-banks-

E&E News by POLITICO · Big banks predict catastrophic warming, with profit potentialMorgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree
#capitalism#ClimatecCrisis
Public
Jeri Dansky

Well, there's a headline that certainly captures the moment: Big banks predict catastrophic warming, with profit potential.

“We now expect a 3°C world,” Morgan Stanley analysts wrote earlier this month."

"The stunning conclusion indicates that the bank believes the planet is hurtling toward a future in which severe droughts and harvest failures become widespread, sea-level rise is measured in feet rather than inches and tropical regions experience episodes of extreme heat and humidity for weeks at a time."

"Morgan Stanley’s climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17."

eenews.net/articles/big-banks-

h/t @ai6yr
#GlobalWarming #Climate #ClimateChange #Capitalism #Banking

E&E News by POLITICO · Big banks predict catastrophic warming, with profit potentialMorgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree
Replied in thread
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Linknation

@CrabbyIT even if it won't solve any problems... they are just pissed because #capitalism has scammed us all a billion times X-D

but they point the gun at the wrong guy and nothing will change in contrary people that basically embody #corruption will get into power and ruin everything #oligarchy

so they are too stupid to assess the problem and draw the right conclusions

#socrates would not have let them near a #vote because it would be #irresponsible for #stupid and #poorlyeducated to have a vote (not my words but #socrates) check this infosec.exchange/@Linknation/1

Infosec ExchangeLinknation (@Linknation@infosec.exchange)#endstage #capitalism = #fascism + #racism is ONLY the #symptom: IT'S NOT LEFT VS RIGHT: IT'S TOP (RICH) VS DOWN (POOR) AND IF THERE ARE ENOUGH (!) STUPID POOR, THE RICH WILL WIN (UNFORTUNATELY) #DEMOCRACY WITHOUT EDUCATION IS DEADLY DANGEROUS! (SEE BELOW VIDEO) REALIZE THIS: #BANKS PRINT #MONEY "#QUANTITATIVEEASING" AND BUY REAL THINGS = #INFLATION at the end of the day Jill + Joe can not afford a home #realestate #speculation #madness after DECADES of #corruption (revolving door #private and #government in #USA but also #EU #Germany) people feel (rightfully) exploited and are looking for answers (the easy answers are usually NOT the right answers X-D) "what? i am poor because private banks robbed my purchasing power?" is way more complicated than "foreigners out" and let's switch on #nuclearpower and #bigoil again X-D check out this VERY FUN AND EDUCATIONAL 4min VIDEO about #demagogues and how #democracy dies ancient greece had THE SAME problems as today #wtf https://www.youtube.com/watch?v=fLJBzhcSWTk https://archive.org/details/socrates-how-democracy-dies-aka-how-demagogues-populists-ruined-ancient-greece-democracy check here for possible reform solutions https://infosec.exchange/@Linknation/113940039337493666
Public
O=C=O

Big Banks Quietly Prepare for Catastrophic Climate Change

#MorganStanley, #JPMorgan and an international banking group have quietly concluded that #ClimateChange will likely exceed the #ParisAgreement's 2 degree goal and are examining how to maintain profits.

The big banks' acknowledgment that the world is likely to fail at preventing warming of more than 2 degrees Celsius above preindustrial levels is spelled out in obscure reports for clients, investors and trade association members. Most were published after the reelection of President Donald Trump, who is seeking to repeal federal policies that support clean energy while turbocharging the production of oil, gas and coal — the main sources of #GlobalWarming.

"We now expect a 3°C world," Morgan Stanley analysts wrote earlier this month, citing "recent setbacks to global decarbonization efforts."

Morgan Stanley’s #climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17. A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030.

scientificamerican.com/article

#ClimateCatastrophe
#Capitalism

6 bundles of US $100 bills standing vertically on edge of white shelf.
Scientific American · Big Banks Quietly Prepare for Catastrophic Climate ChangeBy Corbin Hiar
Public
Alternatives

📣 Dernier délai aujourd'hui pour profiter du tarif spécial « lève-tôt » pour assister à La Grande Transition 2025. ⏰
L'événement se déroulera à Montréal - Tiohtià:ke du jeudi 29 mai au dimanche 1er juin.
Des dizaines de conférences disponibles sur le thème « Raviver les solidarités post-capitalistes »

lagrandetransition.net/inscrip

#lagrandetransition #lgt2025 #transition #capitalisme #capitalism #sudglobal #globalsouth #montreal #montréal inequalities #inegalites #biodiversity #luttescitoyennes

Public
Miguel Afonso Caetano

"The problem, indeed, is a more general one. No populism, right or left, has so far produced a powerful remedy for the ills it denounces. Programmatically, the contemporary opponents of neoliberalism are still for the most part whistling in the dark. How is inequality to be tackled – not just tinkered with – in a serious fashion, without immediately bringing on a capital strike? What measures might be envisaged for meeting the enemy blow for blow on that contested terrain, and emerging victorious? What sort of reconstruction, by now inevitably a radical one, of actually existing liberal democracy would be required to put an end to the oligarchies it has spawned? How is the deep state, organised in every Western country for imperial war – clandestine or overt – to be dismantled? What reconversion of the economy to combat climate change, without impoverishing already poor societies in other continents, is imagined? That so many arrows remain missing in the quiver of serious opposition to the status quo is not, of course, just the fault of today’s populisms. It reflects the intellectual contraction of the left in its long years of retreat since the 1970s, and the sterility in that time of what were once original strands of thought at the edges of the mainstream. Remedial proposals can be cited, varying from country to country: Medicare for all in the US, guaranteed citizen incomes in Italy, public investment banks in Britain, Tobin taxes in France and the like. But so far as any general, interlocking alternative to the status quo is concerned, the cupboard is still bare. (...) Politically speaking, neoliberalism has been in no great danger from either."

lrb.co.uk/the-paper/v47/n06/pe

London Review of Books · Perry Anderson · Regime Change in the West?Where amid this turmoil does neoliberalism stand? In emergency conditions it has been forced to take measures –...
#Neoliberalism#Populism#Austerity
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