tl;dr some people would rather watch the world burn than cede control
but it's all Biden's fault
Capitalism bad
Yep, and that sucker has it comin'.
Capitalism wasn't always this way, tbh
Capitalism isn't eternal or universal. Can be better or worse, like anything else. Cultural, legal and technical contexts make a difference.
It's more accurate to say that capitalism is amoral -- it doesn't care about people or have values apart from maximizing value to owners.
Monopolistic capitalism indeed bad.
Agree?
Disagree?
Those people's wealth will protect them from the burning world
Not control what they really don't want to cede is a dollar of their revenue
True. Economic nationalism used to be the norm.
Greed seems to have screwed up the supply chain to the global detriment; optimal distribution of goods is supposed to be one of the things capitalism is best at. When a small number of firms control the market, the profit drive can short circuit the virtues of the system.
You two keep voting for monopolistic capitalism
Snake Boy ducks again
You're complaining about the very thing you support
^^^ ducks a third timeYou're complaining about the very thing you support
labor shortage and supply chain bottlenecks bollixing school lunches
https://www.thedenverchannel.com/new...-hard-to-serve
shippers looking for goods closer to home, but they're kinda ed, because the carriers don't care or can't adjust.
https://www. enicshippingnews.com...system-crisis/More than 80% of shippers reported “serious issues” with lack of shipping capacity, poor schedule reliability and high freight rates. Furthermore, 40% of shippers said that they are considering sourcing or exporting from a more local/regional location – a policy decision with the potential to substantially impact carriers’ future deep-sea network and TEU-mile demand.\
Proportion of shippers considering near-sourcing and exporting from more local/regional locations
Source: Drewry Benchmarking Club Members
The survey also flagged and quantified that some shippers have lost some export markets because of the dramatic changes and unreliability of the container transport system. Some Drewry benchmarking customers also expressed the view that ocean carriers were not sufficiently aware of the magnitude of the harm made to their businesses and that shippers were waiting to hear how carrier would address these issues.
"Stagflation" is very buzzy right now
https://www.theguardian.com/business...ransport-covidBut a supply crunch that initially put a question mark over the availability of luxury cars or whether there would be enough PlayStations under our Christmas trees is instead morphing into a full-blown crisis featuring a shortage of energy, labour and transport from Liverpool to Los Angeles, and from Qingdao to Queensland.
All the problems are in one way or another tangled up in the surge of post-pandemic consumer demand, but taken together they threaten what one leading economist calls a “stagflationary wind” that could blow the global economy off course.
Mohamed El-Erian, and adviser to the insurance giant Allianz and president of Queens’ College, Cambridge, says this week’s surprise fall in factory output in China was a clear warning that the world economy could slump while prices were still rising quickly, a doomsday double whammy that almost sank the UK in the 1970s.
“The supply chain problems are much more persistent than most policymakers expected, although companies are less surprised,” he said. “Governments are having to rethink quickly because the three elements – supply side, transport, labour – are coming together to blow a stagflationary wind through the global economy.”
It's just (inflation) with a cute diversion attached to get the squatter squattin' in the White House through a rough time.
You two keep voting for monopolistic capitalismGood or bad, SnakeBoy.You're complaining about the very thing you support
Have a take for once.
Everyone knows that if you vote for someone then criticize something they're doing or someone they're protecting, that makes you a hypocrite, because voting for someone is a blanket endorsement a priori of everything they do.
Also, if you fail to criticize the person you voted for, that makes you a hypocrite too.
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