Not at all, corporatism is a system where interest groups have a high amount of power : guilds, syndicates, unions, etc…
Capitalism literally refers to pooling capital together from multiple sources to allow shared risk taking and allow for the creation of companies that can get bigger by having more than one owner.
This eventually leads the way for pension funds and multinational corporations whose sole purpose is to extract maximum value for pensioners and billionaires.
That’s not the definition or foundation of capitalism, it’s the definition of a market economy.
The foundation of capitalism is a system where investors can pool small amounts of money together on big projects, to share risk and reward. Historically to fund trading ships on their way to the indies.
So it destructures ownership, which has a million ripple effects on the organization and economy.
I mean yes if we’re actively looking for a suspect in a red Renault Clio. But in this case the dude is dead, whether his car is a Mercedes or a BMW is a ridiculously useless piece of information for an article to give.
Barely made a dent commercially, but put the company in a difficult financial situation where build quality was a bit lower and cars a bit more expensive for a while.
The point of these punishments should never be to kill a company, but to hurt investors, who are ultimately responsible for setting the CEOs agenda.
And, well, VW stock is still down about -80% compared to pre-dieselgate. So I would say eurocapitalism working as intended.
shovel
We said stone age.
I mean we just vote on Sundays it’s a pretty simple fix.
They’ll make iPhones in India. Which is actually what they are doing right now. Or in Vietnam. Or Ethiopia. You can’t tariff everyone 140% if you want your economy to work.
Yes. This is called lying. This is what these people have been doing for a while now. I don’t think this will change soon.
Didn’t it ? Russia started imposing tariffs on Ukraine in 2012.
Trade breakdown is a clear precursor to armed conflict.
Nations that trade extensively with each other don’t go to war. Trade wars are an accelerator of armed conflict.
People talk about tech giants, but Facebook and Google are actually advertising giants. They pour much more money into their advertising than they do into r&d.
Many brands have a cost structure where, for each product sold, more money goes to advertising than to the person who actually made the product. Sometimes 2 or 3 times more. That’s where the battle for attention is taking us, a place where attention from customers is worth much more than the effort of the worker.
None of this is inevitable, advertising should be heavily taxed and regulated.
Yeah interestingly I watched a video where a robotics specialist said they believed AI would take jobs long before the new generation of robots do. Robots are hard.
So that’s because the tariff was so high it reached 99% then reset to 0% because the system was coded by Elon.
Or you know, US are in the axis of evil now apparently.
Turntables and all that.
5 years ineligibility means she can’t run for president in 2027 or for another MP seat. It means others will take over and gain visibility over her.
And 2 years in prison is going to cook her career prospects too.
Funnily enough, when the law was introduced a few years ago, her party wanted the penalty to be lifelong ineligibility. They are probably happy it’s 5 years, now.
French courts are independent. She will appeal, and another court will condemn her and her friends in appeal.
The evidence is multitudinous and straightforward.
Countries that have special rules for powerful people are the fascist ones.
That won’t change things, another idiot will come along.
The only solution now is to topple him or render him powerless. Move your asses Americans, we don’t need you to speedrun the dictatorship game.
Have you never worked in an organization?
You can have as many preparation meetings as you want and still be on your ass when the day of judgement comes.
Call it American Party X and we have a deal.