/biz/ - Business & Finance

>>15520993
>16 hours commute
>8 hours to work, sleep, eat and shit

Checks out

>>15520993
I don’t see an issue with this

>>15521109
good goy

It's like monopoly. Sometimes science adds some money to the pot or generates a new property to be bought up. Sometimes the government breaks up the big players and deals in new players. Eventually though the game breaks down due to greed and there is revolution, or the nature of the game changes to something else.

My money is on technocracy but I've been wrong before.

>>15520993
>capitalism is where a central bank inflates peoples wealth away so they can't afford to stop working
kys

>>15520993
What's the problem here?

>>15520993

Poor people, by definition, don't have wealth.

>>15521123
And yet it somehow never inflates away the wealthy's money. Fuck off retard.

>>15521109

Good goy

In the golden days we could arrest and execute journalists for these shit articles
What happened?

>>15521150
t. doesn't know anything about the rich he complains about

>>15521123

>It isn’t REAL capitalism REEEE

You guys are just as brainwashed as commies

Feed commies to dogs, alive

>>15520993
Drivers are almost infinitely replaceable
Founders of enterprises are not

>>15520993
Those drivers are free to go and work for someone else... assuming their capacity to contribute to society is enough to live off of. If it isn't I see this as a problem fixing itself...

>>15520993
>When did you realize that capitalism is a wealth >extraction mechanism from the poor to the rich?
When did you realise you are a Socialist Antifa Black lives matter incel SJW faggot?? Asking for a friend.

>>15521158
>>15521169
Spotted the wagecuck.

>>15521174
How are they not? It's a taxi company that owns no taxi cabs and has no employees.

>>15520993
>When did you realize that capitalism is a wealth extraction mechanism from the poor to the rich?
when I was like 12..

>>15520993
Are you implying the average person was wealthier BEFORE capitalism? Because the opposite is true. Capitalism is giving incentive to people work harder by letting them keep more of what they make.

>B-BUT MY BOSS
Capitalism is literally the only form of government where you're allowed to be your own boss. Go sell your services and goods to customers.

>>15521158
Smith-Mundt Act was repealed by Obama around 2013. That act made propaganda illegal, which is why the "news" has been throwing unprecedented shitfits for the last 4 years. They're finally allowed to.

What if they just didn't drive for Uber lmao? Poor people are so stupid and get tricked into that ponzi scheme. If they sat down and did 2nd grade math they'd see that they're not making shit after taking into account car maintenance and depreciation

Why are communists baiting /biz/? And more importantly, why is /biz/ taking the bait?

>>15521229

>The executive branch can repeal legislation

>>15521184
>that projection
Oh look, it's another wagecuck faggot.

>>15520993
Capitalism is economic darwinism, and you aren't fit enough to make it faggot.

>>15521248
This is an anti-wagecuck board, you colossal faggot.

>>15521250
Are you daft? Yes, the Executive Branch is the signing that repeals legislation. Congress approved it and then the Executive Branch has to sign on it or it doesn't happen.

>Haha look at me I'm being retarded
You're so lucky this site is anonymous so no one knows in your next thread.

we wouldn't have this problem if used real money instead of central banking shit money like the communists

>>15520993
You can only offer a dozen of car rides or repair a couple of sinks per day. The trick to succeed in capitalism is scale, people aren't taught to invest in stuff that is bought in the millions every day, you're literally making more money putting cash into McD stocks than working for McD.

>>15521283

Man, I think you kind of know on some level that what you're saying is retarded but you don't actually care.

>>15520993
Corporatism is what you speak of, capitalism is a free market where such an atrocity as this simply would not be allowed. Let alone the fact that in such a free society such a man would be lynched for obvious corruption.

>>15521184
That's a lot of buzzwords bro.

>>15521229
Holy shit, someone else realizes Obama legalized government propoganda
>>15521250
You're legitimately retarded.

>>15520993
Weird because the poor keep getting richer dummy

Truth is the jobs have been getting hollowed out since the 80s in the US. Since that time the economy has been contracting, the reason every NPC will tell you it's aktyualy expanding is because of money printing. Hey, if you print lots of paper that means you're rich, right :^) Real good paying jobs have been replaced by uber driving which pays $3/hr after you subtract expenses and amazon wagecage jobs that ruin your health and are not even worth working at if you take into account subsequent healthcare costs. The real black pill is there are no real jobs being created in USA in current year. Lawyer? Manager? Investment banker? Real estate agent? Trader? Those are all worthless meme make-work type jobs that don't create any real economic output.

People are still dumb enough to defend capitalism.

People are still dumb enough to defend capitalism.

>>15521150

because they know gold is money.
It's just not capitalism to have a society of slaves who have been tricked into believing that cpi is the measure of wealth.
>>15521123
We had real capitalism in the usa until the establishment of the federal reserve.

>>15521617
>US housing market
>capitalism
pick one, and kys commie

>>15521163
>>15521633

>>15520993
Capitalism is a wealth extraction mechanism from the low IQ to the high IQ, as nature intended. Only state socialism is preventing the worst of the plebs from being ground under the wheels of society like they deserve.

>>15521255
>Oh look, it's another wagecuck
I’m the capitalist RETARD
i.e. You fucking MOTON I’m the independently wealthy investor / self employed anti- commie.
You kids are so fucking uneducated today.

>>15520993
>Invents a computer program that allows people to pick up extra income in their spare time
>People try to do it for a living and can't make ends meet
Imagine my shock.

This thread stinks of communism, you have to go back >>/pol/

>>15520993
This is as it should be, it's the most effective form of economics.

>>15521112
>>15521157
>working conditions "soooooo bad"
>drivers don't quit, for or make work elsewhere, and destroy the platform
how is this anyone's fault but their own? and since your argument is "jews", do you know how zionistic communism is? and since you're gonna say "we just want government to step in JUST THIS ONCE", do you have any idea how insidious state power is?

>>15521112
>>15521157
>working conditions "soooooo bad"
>drivers don't quit or make work elsewhere, and destroy the platform in the process
how is this anyone's fault but their own? and since your argument is "jews", do you know how zionistic communism is? and since you're gonna say "we just want government to step in JUST THIS ONCE", do you have any idea how insidious state power is?

That's actually VC money really uber has insane operating losses. I'm not saying there isn't corruption in the world, but this is clearly looking in the wrong place.

>>15521112
>>15521157
>working conditions "soooooo bad"
>drivers don't quit or make work elsewhere, destroying the platform in the process
how is this anyone's fault but their own? and since your argument is "jews", do you know how zionistic communism is? and since you're gonna say "we just want government to step in JUST THIS ONCE", do you have any idea how insidious state power is?

>>15521736

*outsources your entire country*

Nothing personal goy

>>15521644

When you take credit for it, it’s capitalism. When you take heat for it, it’s not Real Capitalism. Literally Party Tier logic.

>>15521691
poorfags really ruin everything

>>15521288
>we wouldn't have this problem if used real money instead of central banking shit money like the communists
BASED & REDPILLED

what would these uber drivers be doing had the uber company never flourished? They sure as hell are not thinking on new ideas to innovate the world. Otherwise theyd ve the ones buying a mansion. the problem is not the rich. Im a third worlder by the way.

>>15521804
>*outsources your entire country*
>Nothing personal goy
Living standards are incredible. I am posting from a high-end gaming PC with a roof over my head and food readily available.
I don't get what you're complaining about.

>>15520993
Guys how do we /biz/ under socialism
checkmate OP

>>15521663
This.

>>15521150
That's what inflation does you dumb fuck

The rich hold assets

The working folk don't have assets, that's why they have to work

Central banks inflate the currency so that the price of assets - held overwhelmingly by the rich - continues to climb higher and higher.

The central banks pump rich peoples' bags as a side effect of helping government steal purchasing power from the poor.

>>15521879
We don't have anyone to take care of us here so you either slave and take what you can get or die in the street with everything you own going to the govt.

Post industrial countries have small families so it's really just you against the world.

>>15521935

This nigger gets it.

>>15520993
How can you compare an Uber drivers with the guy who invented Uber? They have complete different skills and achieved different things in life. Almost anyone can be an Uber driver, almost no one invents a multi-billion dollar business.

>>15521617
So under capitalism we produce more than enough food to feed everyone but under communism people starve because there isn't enough food for everyone and you think this means capitalism is bad?

That dumb pic you posted claims that capitalism produces more than enough food for everyone. Are you really so dumb to not get what implies?

>>15520993
lmao why did that idiot guy a 72 million home in LA. All homes in LA above like ~30 million are designed to be asset havens for sketchy rich people from Russia/China/Middle East. They stuff they houses full of dumb shit just to inflate the price (like a room full of gumball machines and other weird shit like that). No one actually wants those features, they just want to inflate the asset price so they can hide more cash from their home country. What kind of idiot actually buys that shit to live in it.

>>15521935
its not as conspiratorial as you think. the fed in the US actually does a decent job at keeping inflation at bay

>>15521663
>>15521903
Then why are you still poor?

>>15521935
Yeah, cause inflation boosted the uber co-founder's assets enough to buy a $72.5m mansion.

Kill yourself you fucking retard.

>>15521988
But I thought we didn't live under capitalism?

>>15521121
Tbh we went from gold silver to fiat . We need to either go back to gold , silver or blockchain

>>15521804
capitalism is when no one has a right to your wealth other than who you voluntarily pay.
an unelected, private bank not beholden to the government or the constitution steals peoples wealth via inflation to maximize their employment, it is not a capitalist system.

>>15522010
I rebuild broken homes then collect rent checks off of them

>>15522052
No, but artificially low interest rates made investors value his business significantly higher than in any normal environment, and allowed him to raise equity for dirt cheap.

Once, this bubble economy ends, he will have cashed out enough billions and have a diversified portfolio of assets to live in luxury for the rest of his life.

We don’t have a capitalist economy. We have a corporatist centrally managed central banking fiat ponzi economy where corporations are people and there’s no free market in currency used or interest rates

So go ahead and fucking kys OP

ITT: seething conservitards screaming " not real capitalism".

>>15522219
itt shills advocating for central banking

>>15522196
What would real capitalism consist of?

>>15522219
>Centrally planned banking cartel fixing interest rates is free market capitalism

>>15522236
treasury issues currency because it's obliged to follow the constitution

>>15521217
>Are you implying the average person was wealthier BEFORE capitalism?
>conflating technological progress with capitalism
lol that's like saying gay rights are responsible for smartphones.

>>15520993

>Be poor person
>Sleep at work
>Stay poor

Shocked

>>15520993
Its actually a wealth extraction mechanism from the stupid to the intelligent

>>15521184
Autistic incels like you are all trump supporters

>>15520993
wow this is SO SAD people are being forced to work for uber ;(

>>15522348

Not only that, but they are being forced to drive 8 hours to a faraway city for free before turning on their phones and collecting fares. Truly hard times.

>>15521229
Smith-Mundt was never repealed and is still in effect. These things aren't exactly hard to check you know...

>>15522194
Okay then why don't you go out and take a cheap loan to start your own business and take advantage of the low interest rates too then retard

>>15520993
NEVER BEEN TRIED

>>15521229
>>15521250
>>15521402

It wasn't repealed, idiots.

>>15520993

Fuck off, Ivan. Go suck Prigozhin's dick.

No one had been forced fucking drivers to work for Uber. Just. Fuck. Off.

However, if you put together a business, you are getting rich. Just this.

Fucking russkie slav niggers will never learn.

>>15522196
>a corporatist centrally managed central banking fiat ponzi economy
Which is the most successful system in human kind, and which has lifted billions out of poverty. And you want to try some unproven shit meme ideology shilled by internet spergs? Consider suicide you failure.

>>15522753
Absolutely seething.
So what's stopping you from creating your own business, you faggot?

>>15521633
The usa didnt have a central bank for 90 years out of 220

>>15521991
>why does a guy who made a company that isnt profitable want to park his new found assets in an an asset haven

>>15521121
its not like monopoly cause money is added and not static

>>15523133

When's the last time you played monopoly? Money is constantly added into circulation.

>>15523148
by gobberment like yang not by the free market

>>15520993
>forced to sleep in parking lots
>forced

>>15523159
Yeah don't you know you bootlicker cuck? These colored savages are forced to drive around for Uber all day by the Almighty Oppressive White Man. If you don't want Communism then you are simply a statist.

>>15523011
yes, which is remarkable and thanks to the likes of Thomas Jefferson and Andrew Jackson. None of the first three banks lasted more than 20 years.
Hopefully the fed and the BIS ends soon and we can thank Ron Paul and Satoshi Nakamoto

>>15520993
>trying to convince the most capitalist board on 4chan to become commies

lmao, good luck with that OP

>>15521150
>implying wealthy people keep most of their wealth in fiat

>>15520993
They might as well be taxi drivers at this point, probably better pay too.

>>15521203
Then why don't those uber drivers just ditch uber and go solo?

>>15520993

dumbass be thankful that the guy made jobs for the uber drivers!

if these uber drivers be a co-founder of themselves and be successful they then deserve that mansion too

/thread

>>15521983
His business would be a multi penny business if there werent uber drivers.

>>15520993
> People want easy fucking money and take up 'gig' job so they can slack the fuck off
> Which is just giving people fucking rides
Why I no rich yet dis is gig economy

Any attempt to change society as a whole (rather than a small community of under 200 people) are laughably stupid at best and catastrophic at worst.
Take care of yourself, don't plan to be a wagecuck all your life, don't overinvest in deprecating assets, avoid liabilities, have a set of skills useful outside of your main source of income.
TL;DR : Don't be young.

>>15520993
capitalism is a wealth extraction mechanism from the stupid to the smart

>>15521148

>"Poor people, by definition, don't have wealth."

>>15520993
It's in the interest of the elites to not impoverish the plebs too much so the plebs don't revolt and kill them. It's in the interest of everyone that companies like Uber get some real competitive pressure so the founders have to settle for 10 million dollar mansions instead of 70. Pic related.

in LA they have the pest

>>15523833
There wouldn't be Uber drivers if they didn't think driving for Uber was better than the other things they could do with their time

All he did was give people an option they didn't have and people are fuckin pissed at him for it

Obviously LA is the epitome of capitalism and free and unregulated markets.

All fields.

>>15521935
Bluepilled amerimutts will never accept this reality sadly

>>15520993
In 2015, when i discovered Karl Marx.

>>15522196
Capitalism is private property of the means of production and wage labor. Not your own made up definition about central banks.
Central banks were created everywhere around the world, under many different government and political regimes. So they must be useful to Capitalism.

>>15522238
Even without central banking, OP's picture would still be true.
Even without central banking, Uber co-founder would still have bought his mansion, and Uber driver slept in parking lots.

>>15522196
BASED
>>15522832
How about the exact same system, which I do agree works well. Just remove the private and/or interest element. Then it would work, be fair, still have funds for public works & expansion of the economy as a whole (not possible with gold as it has to be extracted from the ground). Its the privatisation of debt & the interest bearing elements that people really have the issue with.

>>15525137
>In 2015, when i discovered Karl Marx.

>>15525252
>Not your own made up definition about central banks.
Nah, he understands, sadly what he said is fact, its you that doesn't the system your apart of. Have a deep dive into Forex!
also
>Central banks were created everywhere around the world, under many different government and political regimes. So they must be useful to Capitalism.
You do understand that Communist countries had central banks...right?

>>15520993
Extracting wealth from people who have none? Learn English.

Why don't just buy his own fucking taxi car and use a customer platform if it's so easy?

Oh wait maybe the CEO was smart and used knwoledge to create such a thing enabling millions of jobs

>>15525252
Capitalism involves the collusion of state, banking and corporation. Its been so since the 1600s.
Anyone who claims capitalism is something else is a retard.

>>15520993
>extraction
I have a vague feeling you don't know what that word means.

>>15521163
it really isn't free market capitalism.

>>15521617
If anything, capitalism feeds to many people at the moment. It's unsustainable, and most intelligent lefties would grant this

Unironically will be solved by a blockchain project for car ride sharing.

this thread is like one massive cope for closet statists and other disillusioned high school dropouts longing for the welfare state

>>15520993
Can't extract wealth if the poor don't have any

>>15525340
This

>>15521109
But anon why should the guy who cleans the test tubes makes less than the guy who cures cancer?

>>15526323
can't cure cancer without clean test tubes

>>15526206

wrong, the poor have their labor which is a valuable commodity the wealthy capitalist class or as some prefer to call them the jews can extract to have a horde of slaves working for them so they never have to lift a finger

>>15522105
gold backed blockchain with silver backed blockchain as layer 2

>>15522196
this guy gets it
the kikes don't want free market

>>15522219
nobody is seething
people simply moved on to crypto/ PMs
your scam was left behind

>>15526206
You’re so fucking retarded. Labor is the only thing the elites want. Money itself holds no value, the labor of other people is what creates societies

>>15521787
Buying a private masion with VC money
Excuse me?

>>15525414
Hot take:

Uber is rent-seeking on a simple service which could be provided by a decentralized network + DAO

>>15522290
Capitalism is technological advancement, that's why 90% happened in capitalist countries.

>>15526575
it will happen and make uber obsolete.

>>15520993
To be fair, you could pay someone $20 an hour/ 40 hours a week in California, and you would be living here. You can’t make it on your own in California unless you make AT LEAST 100k

>>15526625
Let me guess. You're a STEMfag.

>>15526323
the guy who cures cancer can clean the test tubes himself, but the guy cleaning test tubes can’t cure cancer. same for the guy who runs and operates uber, versus someone who just drives for them