bartolomeo

joined 1 year ago
[–] bartolomeo@suppo.fi 4 points 8 months ago
[–] bartolomeo@suppo.fi 2 points 8 months ago (1 children)

The way net worth works, if I understand it correctly, is like this:

Take Bob for example. If Bob has $100M in his checking account, 4 houses worth $100M each, and 500,000 shares of NILE (the company he owns) which are each worth $1,000 each, then it's said his net worth is a billion dollars. He's Bob the Billionaire.

Say he starts selling his NILE shares, but he has so much that each sale puts downward pressure on the price (and spooks investors) so that instead of cashing out for the full $500M he only gets $400M for the sale. Then his net worth is $900M and he's no longer a billionaire.

Or say Costa Rica invades his country and both the stock market and real estate markets crash. He's not Bob the Billionaire anymore, he probably has just the $100M now.

After writing that example it seems a better threshhold would be $100M, lol. Here's a good visualization of the resources under the control of Jeff Bezos.

[–] bartolomeo@suppo.fi 1 points 8 months ago

Simple. That sounds really good.

[–] bartolomeo@suppo.fi 1 points 8 months ago (3 children)

I'm not even who you originally replied to.

Yes I noticed, which makes it even weirder that you are asking about my knowledge about capitalist systems and my personal opinions, which have zero relevance to the question.

do you imagine everyone who owns a share of VOO makes decisions for every company in the S&P 500?

I still have no idea what this has to do with a system where the workers own the means of production.

[–] bartolomeo@suppo.fi -3 points 8 months ago (5 children)

Ooooooookaaaaayyyyy. You are more interested in feeling attacked and defending your ego than discussing praxis. I'm not interested in that.

Also lmao thinking I own stock.

[–] bartolomeo@suppo.fi 13 points 8 months ago (2 children)

Waiting for the price, boss.

[–] bartolomeo@suppo.fi 10 points 8 months ago

I'm glad the article linked to this one:

https://www.tomshardware.com/news/low-performance-external-m2-nvme-ssd-found-to-have-microsd-cards-inside

because that has been going on for at least 15 years (that I know of). When ebay was at it's peak it was impossible to buy a good USB stick there because it seemed you could only get 512 mb sticks disguised as 32 gb sticks with a price in between the two and coming directly from China.

[–] bartolomeo@suppo.fi 2 points 8 months ago (1 children)

You mean 2 piholes or adguard homes, right? That way if one goes down you can still use the other one.

[–] bartolomeo@suppo.fi 1 points 8 months ago

Does it work if you change your DNS server by editing /etc/resolv.conf and having it show exactly one name server like

nameserver 9.9.9.9

?

[–] bartolomeo@suppo.fi 4 points 8 months ago (1 children)

Come on, it's a raspberry pi not an iphone. Those things are for tinkerers who live by "if it ain't broke, fix it till it is".

[–] bartolomeo@suppo.fi 9 points 8 months ago (1 children)

137 points

What's a point?

[–] bartolomeo@suppo.fi 0 points 8 months ago (9 children)

In those situations what do the workers that have no interest in owning the means of production do? Like, if you just want to do your job and go home, is there still room for you under that system? Or does it require active participation from every worker?

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