oh, hi Marx

he/him

DSA ✊

Ally 🏳️‍🌈

  • 0 Posts
  • 37 Comments
Joined 3 months ago
cake
Cake day: March 16th, 2025

help-circle


  • I think you already read the reason/s but in a monopoly capitalist society, but companies can just smother smaller ones by leveraging their exploited workforce (more output for less cost), out-competing, buying up all competition, much better economies of scale, and access to capital and market forces.

    Just take an example of a small business owner who sells sporting goods (I use this example because I love Freak and Geeks lol). How can you possibly compete with Walmart when Walmart has bigger and better inventory, cheaper prices, more locations, basically no competitors, better advertising, etc? Sure lots of people value ‘small businesses’ from a moral/ethical point of view, but enough for this company to grow and grow and grow and compete with friggin Walmart? That just doesn’t happen often.

    Now, something like REI, which is a coop, does compete with Walmart in a very niche market. REI has a strong brand and loyal customer base, allowing it to compete effectively in the outdoor and sporting goods sector. However, its focus is more on quality and specialized products rather than mass-market items. Do you think Walmart couldn’t just destroy REI if it felt like it was being threatened and it wasn’t one of the largest mcap companies on the planet?









  • Talking about logical fallacies while summarily hand-waving away all of crypto is pretty interesting.

    I guess some random HN user is smarter than the research arms of these companies who are all building on and utilizing crypto: https://ethereumadoption.com/

    😂

    Edit: stablecoins have already reached parity with traditional payment networks

    And yea, like the other user said, just don’t use it! Nobody will be mad that you don’t use it, or care. I don’t have venmo, so I don’t use it. I don’t get mad when somebody offers it. 🤷‍♀️









  • John@lemmy.mltoMemes@lemmy.mlJerkoff
    link
    fedilink
    English
    arrow-up
    25
    arrow-down
    1
    ·
    edit-2
    2 months ago

    The USA has one party: the capitalist party. They do not represent you, they represent corporate interests. Your vote doesn’t even really matter because of the electoral college, and other racist relics such as the Senate, giving ridiculous power to to just a handful of “swing voters”.

    Voting once every 4 years for either the capitalist war monger or the other capitalist war monger, while they both ban 3rd party candidates from the ballot, does not make the USA “democratic”.

    Edit: also who cares if it’s one party? In each of these cases the party has brought the entire population out of abject poverty (usually the result of capitalism exploiting them), increased education surpassing the USA, brought healthcare to all, have higher home ownership rates than the USA, etc.

    Objective quality of life measurements all surpass the USA.

    https://youtu.be/FEHYeeRCtVI


  • John@lemmy.mltoMemes@lemmy.mlJerkoff
    link
    fedilink
    English
    arrow-up
    28
    arrow-down
    2
    ·
    2 months ago

    No, it gets destroyed by a CIA-funded coup every time. (Read Jakarta Method)

    But look at Vietnam, Laos, Cuba, Kerala, China, Burkino Faso for modern attempts at Socialism/Communism