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Capitalism demolishes society and, with it, itself.
A thread.
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But then along comes capitalism.
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Texas mayor tells freezing townfolk: "sink or swim" but no town resources to help as that is "socialism." Private capitalist energy firms fail to deal with cold, but right-wingers block town help as socialism. Crazy dangers of capitalist ideology.https://t.co/ocZvKS1Kni
— Richard D. Wolff (@profwolff) February 19, 2021
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Or only *most*?
When did flatten the curve turn into stay home until you\u2019ve learned to accept Communism?
— Matt Couch (@RealMattCouch) February 20, 2021
More from Society
So, as the #MegaMillions jackpot reaches a record $1.6B and #Powerball reaches $620M, here's my advice about how to spend the money in a way that will truly set you, your children and their kids up for life.
Ready?
Create a private foundation and give it all away. 1/
Let's stipulate first that lottery winners often have a hard time. Being publicly identified makes you a target for "friends" and "family" who want your money, as well as for non-family grifters and con men. 2/
The stress can be damaging, even deadly, and Uncle Sam takes his huge cut. Plus, having a big pool of disposable income can be irresistible to people not accustomed to managing wealth. https://t.co/fiHsuJyZwz 3/
Meanwhile, the private foundation is as close as we come to Downton Abbey and the landed aristocracy in this country. It's a largely untaxed pot of money that grows significantly over time, and those who control them tend to entrench their own privileges and those of their kin. 4
Here's how it works for a big lotto winner:
1. Win the prize.
2. Announce that you are donating it to the YOUR NAME HERE Family Foundation.
3. Receive massive plaudits in the press. You will be a folk hero for this decision.
4. Appoint only trusted friends/family to board. 5/
Ready?
Create a private foundation and give it all away. 1/
Let's stipulate first that lottery winners often have a hard time. Being publicly identified makes you a target for "friends" and "family" who want your money, as well as for non-family grifters and con men. 2/
The stress can be damaging, even deadly, and Uncle Sam takes his huge cut. Plus, having a big pool of disposable income can be irresistible to people not accustomed to managing wealth. https://t.co/fiHsuJyZwz 3/
Meanwhile, the private foundation is as close as we come to Downton Abbey and the landed aristocracy in this country. It's a largely untaxed pot of money that grows significantly over time, and those who control them tend to entrench their own privileges and those of their kin. 4
Here's how it works for a big lotto winner:
1. Win the prize.
2. Announce that you are donating it to the YOUR NAME HERE Family Foundation.
3. Receive massive plaudits in the press. You will be a folk hero for this decision.
4. Appoint only trusted friends/family to board. 5/
Shall we do a thread of Blue Checks spewing hatred towards Rush Limbaugh and the rest of us on the Right?
https://t.co/eXLNam2gv4
https://t.co/eXLNam2gv4

Good. Fuck Rush Limbaugh, and let the celebration about his death be a reminder to the rest of the racists and bigots that we\u2019ll happily dance on your graves too.
— Chris Kluwe, Irredeemable Pudgy Nobody (@ChrisWarcraft) February 17, 2021