Nov 23, 2020·1 replyAvi info? She look bad
- Nov 23, 2020·1 reply
coltrupyou're forgetting that some industries have a natural "barrier to entry", that's where the term comes from.
look at telecommunications for example- there's an incredibly high fixed cost in order to build the requisite infrastructure, but the marginal cost of connecting each person to the network is pretty cheap.
no amount of deregulation and privatization will alter that dynamic, all that ends up happening is the formation of monopolies with terrible service and routine price gouging (in this case AT&T and Verizon)
there arent that many of those
also in the uk telecom has a lot of competition
plants 🌻Nov 23, 2020·1 replyPNWCorporate socialism is very well a real thing, like the companies mislead others saying they're for capitalism meanwhile receiving bailouts from the government
Leaving everyone else in the dust
That's just a function of capitalism. It's nothing to do with actual socialism. Socialism is people-centered.
Nov 23, 2020coltrupyou're forgetting that some industries have a natural "barrier to entry", that's where the term comes from.
look at telecommunications for example- there's an incredibly high fixed cost in order to build the requisite infrastructure, but the marginal cost of connecting each person to the network is pretty cheap.
no amount of deregulation and privatization will alter that dynamic, all that ends up happening is the formation of monopolies with terrible service and routine price gouging (in this case AT&T and Verizon)
we should be more proactive at breaking up monopolies, especially in tech like the ISPs and corporations like Facebook acquiring lots of prosperous applications like Instagram, WhatsApp, etc. to enter their exclusive ecosystem where they data harvest and sell to the highest bidder
Nov 23, 2020coltrupyou're forgetting that some industries have a natural "barrier to entry", that's where the term comes from.
look at telecommunications for example- there's an incredibly high fixed cost in order to build the requisite infrastructure, but the marginal cost of connecting each person to the network is pretty cheap.
no amount of deregulation and privatization will alter that dynamic, all that ends up happening is the formation of monopolies with terrible service and routine price gouging (in this case AT&T and Verizon)
it's funny how verizon and at&t were formed from the breakup of a monopoly too lol
Nov 23, 2020KTT2 is an evil concept and needs to be abolished
- Nov 23, 2020
- Nov 23, 2020
- Nov 23, 2020plants
That's just a function of capitalism. It's nothing to do with actual socialism. Socialism is people-centered.
This guy explains it at some point in the video
Nov 23, 2020Let the invisible hand play out
- plants 🌻Nov 23, 2020
mans havin PTSD flashbacks rn
- Nov 23, 2020·1 reply
Nov 23, 2020SHAQUILLEWoat career and industry. Soulless type beat
I mean that’s differences in opinion
Idk any other career that makes decent money that i have any interest in. Computer science and engineering give me cancer, medicine is cool but I am not spending 10 years of my life in + 80k debt annually in med school, law is my bag but not interested in the law school route.
0 Nov 23, 2020·edited·2 repliesit's funny because spacex is going to replace every telecom IN THE WORLD!
REMINDER TECHNOLOGY IS THE TRUTH AND SAVIOUR
S CURVE ADOPTION IS THE ONLY PARADIGM SHIFT
BUY ETHEREUM BEFORE IT IS TOO LATE
- plants 🌻Nov 23, 2020·1 reply0· edited
it's funny because spacex is going to replace every telecom IN THE WORLD!
REMINDER TECHNOLOGY IS THE TRUTH AND SAVIOUR
S CURVE ADOPTION IS THE ONLY PARADIGM SHIFT
BUY ETHEREUM BEFORE IT IS TOO LATE
with dial-up tier speeds
hooray
Nessy 🦎Nov 23, 2020·1 replysniperi feel, if we're gonna live in capitalism, why not twist and turn it into the best thing it can be, for the people, not just for the exclusive wealthy club at the top
Even 40 years ago it wasnt even like that but the rich elite worked hard to repeal regulation laws and make it what it is today
Now the only way to have power is to vote through your consumer decisions
- Nov 23, 2020sniper
i know, we're not at that point
it's what happens when capitalism is allowed to go on uncontrolled for a very long time, especially to benefit to corporations, the logical conclusion
i agree
taht being said a lot of what you want is common sense and not stuff that needs communism
- Nov 23, 2020TragedyBerlusconi
best of luck bro
I think i'll either go into finance or convert to legal, not quite sure yet.
Yea law seems dope except top law schools in America are hell from what friends tell me. It’s definitely one of those paths that if you put your head down and power through law school etc you can come out making big bank.
- 0 Nov 23, 2020plants
with dial-up tier speeds
hooray
businessinsider.com/starlink-public-beta-speed-cost-subscription-elon-musk-2020-11
SpaceX's Starlink internet speeds are consistently topping 150 Mbps
STAY MAD
- Nov 23, 2020·1 replyNessy
Even 40 years ago it wasnt even like that but the rich elite worked hard to repeal regulation laws and make it what it is today
Now the only way to have power is to vote through your consumer decisions
agreed, in the 50s and 60s and even 70s when america was booming, pre-reagan era
taxes were higher and regulations were in place for the rich, thanks to FDR's new deal, which the right-wing gutted for decades like hawks
trickle-down economics was the best lie we were ever sold on
- OPNov 23, 2020·1 reply0
it's funny because spacex is going to replace every telecom IN THE WORLD!
REMINDER TECHNOLOGY IS THE TRUTH AND SAVIOUR
S CURVE ADOPTION IS THE ONLY PARADIGM SHIFT
BUY ETHEREUM BEFORE IT IS TOO LATE
thats why I am studying chemistry
- Nov 23, 20200
You a wall st fella working from ZOOM
dont gotta take the train every day. Saving that $ - 0 Nov 23, 2020PleaseDelete
thats why I am studying chemistry
not bad bro get into organic and you can make a lot of money!
(trading stocks)
(shorting biopharma companies with bad d**** that are going to fail their trials)
