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Joined 1 year ago
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Cake day: June 12th, 2023

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  • Foltz claims that she received a $92,000 annual salary while men with the same duties and qualifications received an annual salary of $115,000.

    Foltz also claims that SpaceX uses different job titles for the same position as a way to pay women and minorities less than their white or male counterparts, TechCrunch reported.

    This is an empty claim. She didn’t even have the same job titles as the people she was comparing herself against. There are a thousand reasons one person can be paid more than another. Often it’s just negotiating prowess. Often it’s the responsibility of the job title, and the risk and hours that entails. Often it’s tenure at the company, or social skills. Her claim amounts to, “pay me more because I have a vagina.” No.






  • How many times has capitalism become dictatorships or fascists?

    A handful of times. Most capitalist nations are not authoritarian. Purely by the numbers, it has a much better track record. Of course, “it’s not real capitalism/communism” always derails this discussion.

    I think you outline why communism inevitably fails. Marx advocated for violent revolution to overthrow the “bourgeois” democracy. The moment democracy is gone, the strong take and retain power. This is why, no matter the system, democracy must be the bottom line. It ensures that power is distributed. It’s not perfect, but it’s much better than the alternatives.





  • I’ve never met anyone who hates communism more than the colleagues of mine who grew up under communism. Their neighbours disappeared for saying the wrong things. They were hungry and cold as children every day. Sometimes they didn’t have any shoes. They weren’t allowed to leave their country for holidays. They couldn’t afford it, even if they were allowed. They couldn’t study what they wanted. Their entire educational system was political propaganda. Freedom of religion didn’t exist.

    It always amazes me how the most vocal proponents of communism come from the most sheltered, most privileged people alive who would retch from learning about the atrocities committed in the name of communism. If they only spent a few minutes on Google.


  • JasSmith@kbin.socialtoMemes@lemmy.mlYou did it Mary!
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    1 year ago

    The other reply is correct regarding the macro effects of the practise. The more immediate issue is that it allows shareholders to avoid paying dividend taxes. So they can effectively defer paying taxes until they realise any capital gains. This is a huge benefit, as the present value of money is worth much more than the future value of money. However there is an even larger benefit in the U.S. Dependents can inherit stocks at the current price and avoid paying any capital gains tax. This is called the “stepped-up basis.” It’s an insane tax loophole. Together stock buy-backs and the stepped-up basis allow the ultra wealthy to pay little to no tax, ever. They take out perpetual loans to pay for living expenses, guaranteed against their holdings.


  • JasSmith@kbin.socialtoMemes@lemmy.mlYou did it Mary!
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    1 year ago

    I agree. I could live with it if it were merely a way to defer taxes, but the U.S. has something called the stepped-up basis. This allows people to inherit stocks without paying tax on the capital gains. The wealthy can live their whole lives without paying any tax. Both stock buy-backs and the stepped-up basis severely undermine the stock market and tax system.


  • JasSmith@kbin.socialtoPrivacy@lemmy.mlSearch engines compared
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    1 year ago

    100%. We learned this lesson centuries ago during the Enlightenment. Censorship is harmful to society. Sure, if there were some magical and neutral arbiter of information, maybe it could work if democratically controlled. By there isn’t, and these tools are not democratically controlled. Every time people or groups get too powerful, they abuse the system for their own advantage. We should always presume companies like Google do the same using the age old premise of “protecting the children.” How many violations has this adage defended over the years.


  • JasSmith@kbin.socialtoPrivacy@lemmy.mlSearch engines compared
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    1 year ago

    While I don’t agree with his conspiracy theories, search engines should give us the information we are looking for. He asked for information, and some of the search engines effectively told him, “no.” That’s valuable information because it’s not just conspiracy theories they’re removing. For example, some years ago I heard a news report about some American political group called the “Proud Boys.” I wanted to look into them to find out what they’re about, so I Google them. Turns out Google has scrubbed their site from search. Accusations of this kind of political censorship are mounting, too. Another politically contentious site, KiwiFarms, is also delisted. I can only imagine how many other sites have been delisted over the years which we just don’t know about.

    I’m an adult. I can make up my own mind. If I ask for information, I expect a search engine to provide it. Kagi passes this test.