Economy The Capitalism Crumble

It's not working though. In fact its failing spectacularly.

And like @Crazy Source pointed out, betting revenue hasnt quite as sharply declined as everything else has. People would still love to come to Vegas for the deals and entertainment and gambling and quick marriages. What dried up the traffic was a combination of removing the deals and hostile foreign policy rhetoric. The Canadians arent coming, and theyve made very clear why. The Chinese are also low on Vegas right now. We used to have a lot of traffic from Mexico especially during big fight weekends. People would drive from TJ to watch guys like Erik Morales fight at the MGM Grand. Think they're risking that now? Lol
I agree 100% but also the reason these Chinese and Canadians can say no is because they can just go on their phone click a couple buttons and go on casino app number 12. Can’t deny that the fact gambling is legal everywhere. I mean it’s a it is a huge reason why the city exists in the middle of the desert. Entertainment AND gambling. Even if it’s 50-50 split, I mean they’re gonna lose a lot of money. There’s no reason for Joe Schmoe from Indianapolis to do all that work to go to a casino unless it’s the world‘s greatest casino or something which from what I’m hearing it’s not it’s overpriced casino
 
Thars because you've been taught that it's a food "chain"...its a food web. My wife's degree is in Environmental Biology and this is something we've discussed a lot. What happens to the Alex predator if the prey animals are gone? Are prey animals subservient to the predators?

Balance is needed. There arent really any animal kings dictating the lives of other animals.
LOL, semantics. You can call it what you want, it's a defined hierarchy of survival intertwined with the nuances of evolution. A dance. Balance as you've termed it.

This same balance is needed in the human condition, even though we've left that original system. We've been playing extremist games to kill time, when it comes right down to it.

What else we gonna do? ;)
 
yeah, I just don't agree. 'City of sin' is just labelling the particular commercial activity there, and a pretty old-fashioned, 1950s labelling at that. Gambling a 'sin', jeez dude, the Mormons moved out of Vegas a long time ago. What else there is 'sin', the stag parties getting drunk 24/7? 'Lefties' in the proper sense look at abstractions like 'sin' as being weird hangovers from the time when religion actually was able to dictate the way people lived. Absent that, and what you are left with is still capitalism/commerce, whether it peddles in 'sinful' or 'chaste' activities. A corporation isn't any more at odds with its labour force if it produces wholesome children's movies than if it stages large-scale gambling, extraction of surplus value and prioritization of shareholders over workers happens in both of them just the same. Weird take IMO my brother but I like you and its all good
It’s not that it’s “bad” it’s that a completely one hundred percent fun viable much cheaper and better option called a gambling app exists. When people got a taste of the alternative which they have by now they’re not gonna go to Vegas because it’s not as good as clicking button on your phone
 
LOL, semantics. You can call it what you want, it's a defined hierarchy of survival intertwined with the nuances of evolution. A dance. Balance as you've termed it.

This same balance is needed in the human condition, even though we've left that original system. We've been playing extremist games to kill time, when it comes right down to it.

What else we gonna do? ;)

No I'm not making a semantic argument, I'm making a substantive one. A web and a chan function completley differently. There are no "ruling class" animals presiding over other animals, dictating their entire existence merely for the benefit of that animal's prosperity. That's not the nature of the relationship. The predators die off almost immediately of they prey animals are gone. The same is also true for capitalists. John Deere found that out the hard way when they tried to have office execs to work the factories. This is a good moment to show another channel I really like and just recently discovered:



These channels have popped up to break the remanticization of Japan and I think its awesome. An artistic expression of monotony in a shareholder economy.

F*ck that heirarchy.
 
And as you progress into the thread you can tackle the same question I posed to others of your sentiment (not saying wrong): Where is the line and how do you fairly tax unrealized gains, or rationalize taxing items in perpetuity?
i would start the brackets at maybe $5M in assets. then $10/$25/$50/$75/$100M+. there's multiple ways you can go about taxing it. forcing regulation that a certain dollar amount must be sold off every certain time period, or just say fuck realizing the gains altogether and tax them unrealized. taxing items in perpituity already exists. you do it with your house, your car, etc. the wealthy should have to as well.
 
Not to be dramatic but all forms of government, economic system and religion will ultimately fail due to the corrupt, greedy and violent nature of the human being. Some may take longer than others but the end will always be the same. We just happen to be living in a time of capitalist collapse.
 
i would start the brackets at maybe $5M in assets. then $10/$25/$50/$75/$100M+. there's multiple ways you can go about taxing it. forcing regulation that a certain dollar amount must be sold off every certain time period, or just say fuck realizing the gains altogether and tax them unrealized. taxing items in perpituity already exists. you do it with your house, your car, etc. the wealthy should have to as well.
...fuck realizing the gains altogether and tax them unrealized.

I think we're done here, junior.

<{hughesimpress}>
 
No I'm not making a semantic argument, I'm making a substantive one. A web and a chan function completley differently. There are no "ruling class" animals presiding over other animals, dictating their entire existence merely for the benefit of that animal's prosperity. That's not the nature of the relationship. The predators die off almost immediately of they prey animals are gone. The same is also true for capitalists. John Deere found that out the hard way when they tried to have office execs to work the factories. This is a good moment to show another channel I really like and just recently discovered:



These channels have popped up to break the remanticization of Japan and I think its awesome. An artistic expression of monotony in a shareholder economy.

F*ck that heirarchy.

The chain and web wording is to express linkage and interdependency. Stop being a putz. Semantics.

And we're not talking about interconnected relationships between DIFFERENT species here (as you're using as an analogy). We are speaking to exploitative practices WITHIN our singular species. There is no predator/prey scenario here. We're both. And from a resource perspective, a fuck ton of us.

Your morality is about 500 years ahead of our biology. Sci Fi. Hope we get there and catch up though.

 
Not to be dramatic but all forms of government, economic system and religion will ultimately fail due to the corrupt, greedy and violent nature of the human being. Some may take longer than others but the end will always be the same. We just happen to be living in a time of capitalist collapse.

I hear ya, but I dont agree that's human nature. I think that's a notion sold to us by megalomaniacs. Especially ones who control media. I've seen full-on anarcho-capitalism and society descend into feudalist practices in the wake of Natural Disaster. People became socialists and communists almost immediately. The capitalists were running to non-effected areas, bringing goods back to the effected area, and ripping people off. Then people started pointing guns at them (including the National Guard) and they started to behave. Bit this was a small percentage of people who happened to have a lot of money, because capitalism.

Self-licking ice cream cone. Capitalism is just a system that has a mechanism for rewarding this behavior.
 
The chain and web wording is to express linkage and interdependency. Stop being a putz. Semantics.

And we're not talking about interconnected relationships between DIFFERENT species here (as you're using as an analogy). We are speaking to exploitative practices WITHIN our singular species. There is no predator/prey scenario here. We're both. And from a resource perspective, a fuck ton of us.

Your morality is about 500 years ahead of our biology. Sci Fi. Hope we get there and catch up though.

Your posts make me laugh because of the edginess and then ending with essentially a compliment.

You're not really arguing agaisnt my main point. There aren't really heirarchies in nature that are the same as we perform. Even within species, as I mentioned earlier we were wrong about wolf packs. We dont want to admit we were, but we were. There arent many subservient structures. I remember another nature show I watched forever ago about a species of bee that were being terrorized by wasps. So they evolved this neat ability to cook the wasps.



Fight the power!! Resist!! Workers unite!!

Brings a tear to my eye every time.
 
Your posts make me laugh because of the edginess and then ending with essentially a compliment.

You're not really arguing agaisnt my main point. There aren't really heirarchies in nature that are the same as we perform. Even within species, as I mentioned earlier we were wrong about wolf packs. We dont want to admit we were, but we were. There arent many subservient structures. I remember another nature show I watched forever ago about a species of bee that were being terrorized by wasps. So they evolved this neat ability to cook the wasps.



Fight the power!! Resist!! Workers unite!!

Brings a tear to my eye every time.

I'm the nicest asshole you'll ever meet.

We'd call that murder and you'd do time for burning fellow humans. Just an fyi.
 
I was thinking about sloth as I typed it. But most of the references I sae when I looked it up real quick were to greed. Though I do see a strong case for sloth. However I still view that as locked into hierarchical thinking. There are LOTS of professions that people claim are parasitic and have no utility. Hell conservatives make fun of kids who pursue education for these things all the time. "What are you going to do with that stupid philosophy degree?" However there is a glaring hole in ournsicial discourse where the philosophers were.

I view gambling as performance Art when people are good at it. Especially in non-rigged games. I used to be pretty friendly with Patrick Antonius (he shopped at my store and liked to chat me up), that dude has ab UNCANNY ability to read people and remain absolutely stone-faced:



Its mind-boggling.



I show stuff like that to my fighters to demonstrate focus, calculation, and mental fortitude under pressure.

I agree modern big gambling mostly enforces economic heirarchy. But remember one of the biggest points of contention that Vegas Casinos messed up. They rigged the games harder and thought no one would notice. Now no one wants to play. There HAS to be some modicum of payout. The hope has to be there. But philosophically I wasnt talking about modern gambling, but just the notion of it. Theoretically bookees make a percentage of what people bet, not the lion's share of it. That's supposed to go to the winner(s). But I hear ya in terms of what it's become.


Yeah, the texas hold 'em boom is one of the better example of gambling as compared to the other end of the spectrum... such as going to a William Tell and watching zombies hit the buttons on the slots or off track betting -- it is pretty gut wrenching and soul destroying. Often destitute addicts losing money they can hardly afford to lose. And it's definitely a far cry from students engaging in philosophical debates.

I really have no idea what the games of chance back in biblical era would have been, likely basic shit like coin flipping and shell games. Probably more so games of pure chance or elements of fraud than things having a hybrid of skill and luck like hold 'em poker.

Anyhow, post-modernism and expanding the economy has shifted focus not on what someone produces as their identity and character, but instead what someone consumes. So greed and sloth are increasingly viewed as acceptable, and in an economic sense in service oriented economies, does make sense - but I'm pretty convinced comes at a society cost when ethics largely be damned. But if the cure to the disease is buying meds from big pharmaceutical companies then the social engineering won't change. I'm not really sure people care about making money in a sleazy way very much any more.

With respect to the bookies cut, it all depends on the game and number of iterations. Taking for example roulette or slots, sure after one or two iterations there's going to be a wide range of outcomes of some people getting big return on investment and multipying their money, and some getting some positive return, some folks negative, and some folks zero. But you run the iterations up to some point where law of averages kick in sufficiently, and there is as surely as the sun rises, the outcome is entirely predictable that the house obtains all the players money of all the players.

But to your point, there has to be something.... that carrot dangling whether it's a huge jackpot, and a payout ratio. There's a science of dopamine hits the uncertain outcome of an individual iteration that leads to maintaining the most interaction with the gambler to maximize the taking from the wallet. And it's part of the beauty of the industry --- that person that gets lucky and might walk out of there with some money after a few iterations serves as free advertising for the casino. They love it when people tell their friends about how they went to vegas and won some money on x, y or z. It's no different than a worker at the carnival shouting out about how someone earlier in the day won the biggest prize. They know in the long run with near infinite confidence that the house always wins, and it wins the most by psychologically letting folks think because they win some battles they can win the war.
 
Just wanna say this discussion has gone WAY better than I anticipated. Good work everyone.
 
Please Daddy ........ Can we try communism again!!!

No son, we lost your mum and sister to Onlyfans last time.......

How about Islam??

NO son we almost married you off to your 1st Cousin...... And your uncle got his head cut off when he wanted to go back to being a Hindu........

Now go drink your corn syrup and eat your mechanically reclaimed meat you fat fuck........

ON a more serious note, it doesn't work, it's been tried to death, literally....... Even the CCP learnt from the fall of the USSR....... And adopted parts of capatilsm.........

Workers of the world unite....... Said the fat lazy racist, womanizer ...... With bad personal hygiene...... And give me your money....more like.....
 
Please Daddy ........ Can we try communism again!!!

No son, we lost your mum and sister to Onlyfans last time.......

How about Islam??

NO son we almost married you off to your 1st Cousin...... And your uncle got his head cut off when he wanted to go back to being a Hindu........

Now go drink your corn syrup and eat your mechanically reclaimed meat you fat fuck........

ON a more serious note, it doesn't work, it's been tried to death, literally....... Even the CCP learnt from the fall of the USSR....... And adopted parts of capatilsm.........

Workers of the world unite....... Said the fat lazy racist, womanizer ...... With bad personal hygiene...... And give me your money....more like.....

Some of us: "Here are faults of capitalism. Literal metrics and in-your-face evidence of economic collapse in sectors, communities, widespread poverty and an increasing wealth gap."

Billionaire bootlickers: "CoMmUnIsM dOeSn'T wOrK sTuPiDs!! IsLaM!! MaRx!! RuSsIa!! YoUr CuRrEnT pOvErTy Is WaY bEtTeR tHaN tHaT oThEr PoVeRtY!! HeIrArChY!!"
 
Some of us: "Here are faults of capitalism. Literal metrics and in-your-face evidence of economic collapse in sectors, communities, widespread poverty and an increasing wealth gap."

Billionaire bootlickers: "CoMmUnIsM dOeSn'T wOrK sTuPiDs!! IsLaM!! MaRx!! RuSsIa!! YoUr CuRrEnT pOvErTy Is WaY bEtTeR tHaN tHaT oThEr PoVeRtY!! HeIrArChY!!"

I didn't say it was perfect........ But come on, try coming up with something new.......other than the ramblings of a soap dodger that would write poverty letters with such skill to extract money from his "friend"....... He wrote fucking poems to Mephistopheles ...... He literally worshipped chaos and destruction.... But you know you shouldn't judge him by his earlier work.... That's like you shouldn't keep an eye on the 9 year old that likes torturing animals.....
 
Well......Capitalism has taken us a long long way that's for sure. But a look at our oceans or the many thousands of dumps all over the planet strongly indicate that profit motivations and maximum resource utility do not always align. In fact profit and resource utility can be in direct conflict at times.

Even with the large # of people on the planet now, it's become patently obvious that if we used our resources at maximum utility, there would be very little scarcity. And this is BEFORE we crack the energy limitations we currently have. Eventually we will evolve to a non-monetary post scarcity resource based economy.
 
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