My fab daughter Alex has just won a Leverhulme Prize. Her forensic analyses of illicit markets, freeports and special economic zones are on the cutting edge of a criminology coming of age to produce the most revealing insights into the global economy. https://t.co/8EmrTPygnL
Private equity bought the hospital.
Then it cut the nursing staff.
Then it sold the building to a real estate trust and leased it back at higher rates.
Then it loaded the hospital with debt from the acquisition.
Then it declared bankruptcy, walked away with fees intact, and the hospital closed.
This happened to dozens of American hospitals.
None of it required a single Chinese investor.
None of it required Russian interference.
It required a legal and regulatory framework that permitted it, built over decades by legislators whose campaigns were funded by the industry doing it.
The enemies list they gave you is long and detailed and international.
The one they left off is short and domestic and much closer to the money.
@MarkMcICane@FundsQuant@cullenroche The land can be developed with buildings, increasing the wealth and rent to match the money supply. You're an idiot. Goodbye.
@Fauxtograf10648 No it wasn't. 🙄 the Wizard of Oz was a critique of private bank foreclosures, the cowardice of the politicians, the heartlessness of the industrialists and the naivety of the farmers.
The Monopoly game doesn't have a fixed amount of wealth, fiat top-up is issued each time round and land sites are developed to increase rent yield. Time and time again capitalism produces actual near-monopolies, or in the case of retail giants monopolies and monopsonies combined. Monopolies do invest and innovate to keep out competition from their market sectors, as do the players in the game. Monopoly, invented just after the 1890s US depression, demonstrates in a simple way the flaws of unregulated monopoly capitalism - as @JonWiltshire_ said, the fundamental problem with capitalism - not capitalism itself. Just look at the clowns underneath Tracy's post praising her for nuance etc. Tracy @chigrl is a professional economist 🙄 - 2008 is calling us again!
This is what happens when people mistake a board game for an economics education.
Monopoly has a fixed amount of wealth, no innovation, no investment, no productivity growth, and no new businesses. Capitalism has spent centuries doing precisely what Monopoly cannot, creating wealth that didn't previously exist.
The richest people in 1900 couldn't buy an antibiotic, a smartphone, or a commercial flight. Today, ordinary people have access to things kings couldn't have imagined.
Monopoly is a game about acquiring existing assets. Capitalism is an economic system that allows people to create entirely new ones.
If your understanding of economics comes from passing Go and collecting $200, perhaps sit this one out.
"The survey found that AI use was rife, with students saying their colleagues completed assessments using AI “sometimes in just a few minutes” and received similar grades to those who had completed an assessment without AI.
“Some students described their peers being unable to recall basic details about the assessment they had just submitted,” the report noted.
One student told the researchers: “I’ve had people admit, peer to peer, ‘I wrote this whole essay with ChatGPT’ … then they don’t get caught, they get a good grade probably, and then because it worked the first time, they do it on their next assessment.”"
Link below👇
Karp is a reborn Maccabee, urging Israel to use 'maximum violence' against those it seeks to displace from its God-given land. As such, he's as volkish as anything Heidegger imagined. His Trot-Zionism is simply a means of disrupting any genuine leftist opposition.
@CDMorlock Karp is a reborn Maccabee, urging Israel to use 'maximum violence' against those it seeks to displace from its God-given land. As such, he's as volkish as anything Heidegger imagined. His Trot-Zionism is simply a means of disrupting any genuine leftist opposition.
I am in Madrid and the demonstration is enormous, despite torrential rain.
People furious at landlordism and cost of living while real wages fall.
But I have never heard such visceral anger from a crowd before. A noise I won't forget.
Bernie Sanders and just about everyone in the Democratic Party's coalition habitually and shamelessly ENABLE the false and harmful austerity argument that Greene is making here.
Monetarism is a dishonest conservative-libertarian mythology and moral framework. It's wrong.
@simonjjacobson Easily done.... social media moves too fast. Principally, I'm here to alert people to money-market power and its economic history because it's currently suffocating politics. But occasionally I get sidetracked into cultural issues that have a zemiological edge.
The redundant 'Nietzschean left' are on my trail over this. To clarify, for Reich and the 'sexual revolutionaries', the release of repression was supposed to restore psychic health and fuel a real political revolution. Instead, we got Thatcher, STDs, Foucault, Pornhub, Jimmy Savile and Russell Brand. Just another one of history's wrong turnings. The search goes on.....
@simonjjacobson Please read before commenting. I said the 'Nietzschean left' are on my trail - a few posters with that in their bios - not that Reich was Nietzschean. We all know Reich was a Freudian of sorts.
Israel 🇮🇱 tonight again bomb Gaza City 🇵🇸
•Over 1600 murdered since the so called ‘ceasefire’
•Aid blocked by 🇮🇱 at the Rafah border
•120k tents needed for shelter
•70k tents flooded with rain & sewage
There is no ‘ceasefire’
It’s still a genocide.