On this day — June 8, 1949 — George Orwell published 1984.
Seventy-seven years later, what was meant as a terrifying warning now reads less like dystopian fiction and all too frequently like a chilling snapshot of modern life. Orwell saw it coming.
Socialism claims to liberate people from the burden of working.
In practice, it usually means socialists view themselves as liberated from the burden of working, while everyone else is expected to keep producing for them.
The rhetoric is freedom from labor.
The reality is freedom from labor for some, financed by the labor of others.
@CliffordAsness You have a chip on your shoulder. Maybe the X/Twitter fame is not enough, that you feel the need to insult random people online just because they disregard your dopey logic about bond investing that can be disproved with one ChatGPT prompt. What a pathetic, whiney weasel
@CliffordAsness I am quite perplexed why would someone with so many followers engage with me, insult me for my opinion, that is not personal. I am just discussing bonds & my own view of investing. I recall Mark Halperin recommended that ppl follow you for smart & funny comments. F.k off, retard!
@CliffordAsness Are you just theorizing?
Have you looked at the actual data?
Please use a simple Google finance graph and compare the performance of S&P ETF, Growth Index ETF and any balanced or bond ETF over the past 5, 10, 15, 20 and 25 years. You may be surprised by what you see.
@ThatEricAlper Clearly, you ever lived abroad and don't know or understand what it is like to actually use this type of universal care. It is working well in a handful of highly advanced countries, and even there people try to supplement it with private insurance.
The latest @FortuneMagazine data confirms a major shift in corporate America.
Texas is now home to MORE Fortune 500 companies than California.
Lower-tax, business-friendly states are attracting companies. Who would have thought?
Today @Meta is proud to launch America’s Workforce Academy with our partners.
This program will provide paid training, certification and a job for Americans of all backgrounds to be part of building American leadership in the world.
Because we believe the Future is for Everyone.
https://t.co/3H6ccGL605
Many of America's most prominent 'journalists' live in such a bubble, with no understanding of the country they cover, that they don't even realize the nation even views them as biased to the left.
@ThatEricAlper This idea is very misleading
Canada nominally has universal healthcare, but most people wait months for the specialist care & many hours in ER. The same in the UK..the same in many other European countries, and millions of people pay for private insurance to get better care