Our Gambling Economy
Why is the stock market allowed? Seriously; why do we allow so-called “investors” manipulate everything about our economy? On the one hand it's international legalized gambling that not only affects the livelihoods of the
investors, but potentially hundreds of millions if not billions of people in
the world and on the other hand it's used for currency manipulation and strong-arming new entries to the market into complying with the established market (or preventing entry altogether). I wouldn't call that a free market so much as a market controlled tightly by the very people who the regulations are supposed to protect everyone else from.
Do you realize that
“speculators” can lie, cheat and manipulate the perception of the value of
existing and future goods? Some ultra-wealthy guys in New York can basically decide what percentage of Americans can
afford to drive to work and buy bacon each month. The
immediate repercussions of decisions made by “stockholders” (not to be confused
with “stakeholders”) can affect all the customers of a bank, or all the
employees of a local business bought out by a larger company.
“Well, Tom. You
see, it’s the corporate world. You’ve
worked for a corporation for how long?
You know that’s how the corporate world works.” - some asshole I used to work with explaining how one should accept without complaint when your employer renegs your employment agreement to boost shareholder dividends.
OF COURSE I fucking know how the corporate
world works. (What a condescending prick that coworker was.) Why the fuck should I
accept the status quo? I should be motivated by stagnant wages and loss of purchasing power because that's the way it is??? Should we accept
the tradition of female genital mutilation just because “Well, that’s how they've always done it? That’s just how
their culture works!” Fuck. That.
The people who live in your community, the business
owners that rely on the income of your neighbors to stay in business, the
children of the workers attending local schools, the local school which
relies on the property taxes of local families, the churches that rely on
donations from those same families? ALL. Fucking. Stakeholders. To a corporation, whatever happens to them are just "negative externalities."
But as long the CEO fired for incompetence at HewlettPackard can buy another fucking yacht (or ten)… I guess it’s okay if a community or
dozen are gutted. I’ll be rich like that
someday. Gonna put my money on Ted Cruz
to help me get there.
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I do not care what you believe. If you are not civil in the comments, your comments will be removed. If you want to be an asshole, go do it somewhere else. If you want to comment and tell me you're offended by something I wrote, that's not my problem.
I'm writing about my lived experiences and finding humor in the absurdity that surrounds us. If you are offended, your inferences of my writing likely bear little resemblance to the reality of what I'm trying to convey. Go bother someone else with your straw men. Trust me, there are much bigger fish to fry than a sometimes blogger like myself. If you can't find humor in what I've written, then this isn't for you. I'm sure your complaints will be welcome at any number of radical friendly left or right websites.
Blessed are the peacemakers.