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Capitalism: Why being libertarian and using common "logic" is dangerous
  • 110 Replies sorted by
  • Ouch, another petty capitalist does not like Louis

    Sad story, but life of small business is hard, each day someone can try to shut you down.

  • Another attempt to use common logic

    Unfortunately Louis keep going at the same level, not properly understanding that state is and why it saves monopolies and other large capitalists but not him. Smart people explained all this long time ago, Louis.

    And yes, all history of capitalism is full of huge number of small businesses corpses and no one cares. Sad to hear, but true.

  • And again

    Note how small business owner suddenly became best advocate for current system, just if you also will bailout him. Otherwise, well, otherwise he won't defend it so much... Sounds dangerous.

  • History shows that small business will be always slaughtered and it no such thing as "fair game" in capitalism.

    They way I see this is that your place owner is not your partner or friend, it is big capitalist company who are your enemy and will perfectly use your weak period to bankrupt you, block access to your renovated place and buy out everything they can at cheap price, they can even later invite you to work at hired manager :-).

  • Insurance in capitalism is always scam, even if they pay you will be forced to pay it all back due to much bigger cost of new insurances

  • Better times

    Extremely funny and sad to watch.

    This is that materialism is doing with liberal style common logic. It inserts long shaft in proper place and start teaching.

  • I still do not understand why people and goverment must help Louis, he himself constantly told how perfect and efficient local business is and how they need to just leave him alone for most efficient outcome.

    Insurance companies, btw, also tell same thing (and being much larger they constantly fuck Louis the most efficient way without any outlook).

  • May be soon Louis will start reading history books and will have revelation monent on how petty bourgeoisie had been always treated.

    Time to grow, as it is not nice to make discoveries that 3 year olds made before you.

    And note very funny "they do not do that is best for everyone, they are do that best for themselfs" towards banks. Bad guys, but real libertarians. And Louis turned into social democrat as soon as got shortage of money and need goverment to save him. This is called "changing boots on the fly".

  • Paycheck Protection Program certainly should not exist for libertarians, as it goes against all their core values and makes more moral damage than it can repair by money. :-)

    Don't like goverment - don't ask him to save you, and do not complain if this saving is not so good. Period.

    Go bankrupt, start over, as most efficient people always win in real liberal world, no need to worry so much.

    Why you so upset, Louis? May be because common logic and libertarian values can kill your business finally?

  • A federal disaster loan program offering up to $2 million in relief is now capping out at $15,000 — and is leaving some borrowers wondering if they’ll even get that.

    The Economic Injury Disaster Loan program, an offshoot of the Small Business Administration’s emergency funds system, has faced an unprecedented number of requests amid the COVID-19 pandemic, and is having trouble keeping up and following through with promised loan amounts, The New York Times reports.

    So, this loans won't help Louis. Good.

  • It is just one big pain for Louis

    Reading good books and smart people could save you from spending so much nerve energy.

    Just live with it, your business will be carefully and peacefully destroyed.

  • The paycheck protection scheme in the UK has turned into a mess, the banks have been given billions to distribute and have held onto nearly all of it, instead offering business loans at crippling interest rates and fees, on the news yesterday it said that " less than 2% of applicant businesses have been approved so far" and mentions have been made in the media of October and November..

    Comment about UK.

    Poor petty bourgeoisie. Time to look for some job on the fields during summer, dig up potatoes or such.

  • Smart thoughs, again about good people and bad people. Same level as before.

    Still trying to find some comfortable seat in between two classes. Yet.

    "There are two classes, the proletariat and the bourgeoisie... And whoever isn't on one side is on the other".

    J. Reed.

    Now Louis is on the bourgeoisie side, but he is not comfortable with it, and, inside he feels that people can soon punch you in the face if you tell it open.

  • While JPMorgan provided loans to virtually all of their commercial banking customers who applied for coronavirus relief through the small business program, their business banking unit - which serves smaller firms - only funded around 6% of applications for the Paycheck Protection Program (PPP).

    From more than 300,000 small business customers who applied, only around 18,000 were funded according to the report. Meanwhile, around 5,500 of the bank's commercial banking customers - nearly all of them, received loans through the small business lending program.

    Must be bad luck, right, Louis? Accident, bad people.

  • Banks are part of the big capitalists business, and whole point of that happens is to make them feel better and nicer. Live with it.

  • The hope goes away.

  • Lamb talking about wolf reasons not to eat him and why wolf make some accident mistakes sometimes :-)

    In reality all we see now is creation of huge poor workers army that is required to do any real manufacturing transfer back in US. Btw good future workers are also bankrupt small business owners, just as you can't get enough people now by killing farms.

  • Louis really wants to open now, at all costs.

    Btw Louis suddenly stopped talking about fate of his workers (as actually he got no payments from bank to pay anything).

    He got 50-70% orders drop (actually it seems like more), and now mostly work himself or with his girl and 1-2 other guys. All other people who worked like mad, who moved all stuff to new shop (and got him money to move) are now at home, seems like without any money (since May) and waiting for nothing. As it is non solvable situation, if Louis fire them - they can get personal payments for unemployement, but Louis such way won't get compensation he so badly needs.

  • May be this will be next step (one that had been made by Louis comrades in Brasil)?

    The population of Paraíba was surprised by a shocking scene on Monday (27). Workers and commerce workers from Campina Grande kneeling, making praises and prayers asking for the reopening of the sector.

    image

    According to the organization, workers "were coerced to participate in the movement by some businessmen who are heads of some companies, with the threat of the possibility of leaving their jobs".

    Thi sis also small business activities.

    sa12931.jpg
    686 x 493 - 65K
  • According to the CNBC/SurveyMonkey Small Business Survey released Monday, which surveyed 2,200 small business owners across America, while the $660 billion Paycheck Protection Program was instituted to give them a lifeline through the coronavirus and economic shutdown, only 13% of the 45% who applied for the PPP were approved.

    Tragedy of small capitalists.

  • Specially for people like Louis

    In any capitalist society the powerful tell lies to either the bourgeoisie or the proletariat, while the small proprietors, inevitably, remain wavering, helpless, stupid dreamers of "pure", i.e., nonclass or above class, democracy. Because from a society in which one class opposes another there is no way out other than through the dictatorship of the oppressed class.

    V. Lenin

  • About a third of small businesses forced to close due to the coronavirus pandemic say they won’t be able to reopen due to an inability to pay bills or rent, a Facebook survery has found.

    More than half of the business owners surveyed by Facebook have also said they don’t expect to be able to rehire the same amount of workers that they employed prior to the pandemic.

    This is that happens if you use common logic.

  • Common logic shines again

    Louis, no one stopped economy because they care about each and every life.

    Ruling class is ok even if millions will die.

    Ruling class has its ong goal and he also prefers to survive going through their plan (but they don't care if you do!). Hence all the doings.

  • Capitalism bites... again.

  • Good old video on how common logic does not work good in the repairs (but for politics Louis still has big hope for it) :-)