Nice summary of the monopoly crisis facing North America
Nice summary of the monopoly crisis facing North America
#BREAKING A new study from the International Institute for Sustainable Development (IISD) has revealed that British Columbia, which has a reputation as the most environmentally-friendly Canadian province, spent $830 million on fossil fuel subsidies in 2017-2018 😳😳
“Each year, BC provides hundreds of millions of dollars in subsidies for fossil fuels. In 2017–18, the year for which the most data is available, total subsidies were at least CAD 830 million.
There is no getting around it: fossil fuel subsidies promote the production and consumption of fuels that cause climate change. They encourage increases in the same pollution that other policies aim to reduce.
The majority of BC’s fossil fuel subsidies go to fossil fuel producers.
BC’s subsidies include provincial tax exemptions, royalty reductions and direct investments. When fossil fuel producers receive hundreds of millions of subsidies each year, vital government resources are pulled away from important sectors such as renewable energy and social services. This means that other sectors of the economy must compensate for the vast amounts of government revenue spent on subsidies—which is neither fair nor efficient.
BC has at least CAD 2.6 billion to 3.1 billion in outstanding royalty credits from fossil fuel producers.
Royalty payments from oil and gas producers are supposed to provide benefits to BC residents, for example by funding social services like health care and education. However, each year, fossil fuel producers claim millions of dollars in credits to reduce the amounts of royalties they pay. In 2018-19 alone, fossil fuel producers claimed over CAD 631 million in deep well credits. These billions in outstanding credits is money that fossil fuel producers will not have to pay in future years and that BC’s citizens will not see put toward social services. “
Now he only get three cars instead of five!
2 things. I know we all know this but it bears repeating so we dont accidentally repeat their framing: Gates was, intentionally or not, speaking in hyperbole. Warren’s wealth tax would definitely not take 100 billion off of him. Second of all, regarding that comment above mine about the 3 cars: I googled most expensive cars and one is the Lamborghini Veneno, which costs $4.5 million dollars. One billion dollars divided by 4.5 million? 222. Bill Gated could have a fucking fleet of two hundred of the most expensive Lamborghini cars in the world and he would STILL HAVE 6 BILLION DOLLARS.
As long as EVERY SINGLE PERSON working directly or indirectly for a billionaire doens’t make a living wage, has paid for healthcare, can pay for their own and their children’s education and gets paid on sick days - that billionaire should just shut up and pair their taxes. I’m so sick and tired of all that whining, no one MAKES a billion dollar, people who you most likely exploited made it for you.
I love this - companies that charge you (accompanied by threats) for being their customer? The solution to this one is obvious - don’t be their customer.
Summary: some gas stations in the UK have installed CCTV cameras at the entrance and exit, and will charge you £100 for being on the property for longer than 30 minutes. It doesn’t matter why you were delayed; long cashier lines, or queueing for the car wash; stay too long, get extorted.
It seems foolish on the surface; punishing customers for spending more money in your business? WTF? But I can see an obvious incentive here; reduce staff, customer takes longer, more ‘fines’? Late stage capitalism indeed…
Yes friends, very few of the things you do daily on the internet were created by capitalism - most of them were created by government funding (aka socialism :)
Only small scale capitalist corruption, but still corruption. This battle has been going on for years, as tax prep companies do their utmost to hide the free services that they are required to offer. And now the IRS itself is in on the scam…
They’ve always been evil, and they’re perfectly comfortable in late-stage capitalism, purchasing legislators…
“WeWork’s collapse is a business-school study in the excesses of private capital in an unregulated market that
Watching WeWork implode has been a pleasure. Watching Adam Neumann, the founder, stealing over $1.7 billion for *failing* is infuriating.
This is one of the reasons that it doesn’t matter how you vote. Not only are these subversives funding the politicians that will protect them, but they’re also bribing everyone elected. Money talks…
corporations will always act in their own self-interest. This means paying lip-service to climate change initiatives, while actively lobbying against them. At least one US carmaker has “pivoted” entirely to SUVs because “that’s what people are buying”.
“Of the 79p paid by shoppers for a pack of 100g black Assam tea in the
UK, supermarkets and tea brands receive 49p while workers receive just
Because it’s anti-capitalist, you hippie socialist! (/sarcasm)
Seriously though - look at what’s going on in the USA right now with national parks being opened to drilling, and EPA protections being reduced or eliminated, and Trump squashing California emissions. It’s all being done in the name of profit, while the planet burns…
The billionaires are running the asylum, and the whole “get out and vote” thing is yet more propaganda designed to make you feel good about yourself after the politician you don’t like is elected anyway, and the planet continues to burn.
You want to do something that actually matters? Organize. Join a union; join Antifa; join *something* that actually stops the destruction being perpetrated by the rich and by late-stage capitalism.
Nothing else matters; nothing is more important than stopping the billionaires - and voting won’t do that.
remember that cyberpunk dystopia that SF authors were writing about in the 80s? Well…
Well worth five minutes of your time, even if you’re not really a socialist, because this video simplifies an explanation of capitalist forces, and how we got to today’s late-stage capitalism…
Nice commentary on the ills of late-stage capitalism.
A former Fullerton Police Department resource officer was charged with secretly photographing and videotaping up the skirt of a 16-year-old high school student, authorities announced Monday.
Officer Jose Anthony Paez had several photos and video clips on his personal cellphone that were taken in November 2017 while he conducted a police investigation on school grounds, according to the Orange County District Attorney’s office.
Every time I start to think that maybe not all cops are evil, I come across another one of these stories.
Police exist to protect the property rights of the rich and enforce the power of the State. The only way to be a good cop is not to be one at all.
Shell says it is too costly to clean out the contaminated sludge from the base of the drilling rigs, and now they’re trying to claim it’s better for the environment to leave it there than to clean it up. A company with vast expertise in underwater drilling and extraction can’t do a job as simple as emptying a storage tank?
Hey, Oil companies? You don’t get a free pass. You profited for decades from these installations, now CLEAN UP YOUR SHIT.
Pretty sure Starbucks new plastic lids for cold drinks use more plastic than the straws they replace.
“So there you go: Mitchell might not have been faking anything but, at
the end of the day, it doesn’t really matter. What matters is that we’re
so bombarded with marketing that our first instinct is to suspect that
everything, even a motorcycle accident, is an #advert. What matters is
that we’re so sick of influencers lying to us about their lives that we
don’t believe them even when they’re telling the truth.“
This article spends a long time talking around socialism without actually saying the word. Amusing. Depressing.
Toronto contracted out street garbage receptacles to an advertising company. Said company does the bare minimum specified by the contract, leading to nonsense like this (not visible is more garbage on the ground).