Who could have forseen the woes of capitalism?

Warren Buffett is like Bill Gates. He's an evil billionaire (all billionaires are evil) who keeps pretending to be a good guy so people won't despise him.

Nobody earns a billion dollars, we've decided as a society that even global leaders, scientists and life saving doctors who do the most important work don't earn that much. It's impossible for a human to be valuable enough to earn a billion dollars. Therefore every billionaire is where he is, because he stole the wealth of the people below him who did the actual work. Every billionaire is a wage thief.

This is exactly the kind of economy I would expect out of billionaires who are trying to destroy the middle class and bring back Company Towns. This is what 19th century robber-baron capitalism looks like, not the kind you were taught by Elmer Fudd.

More people should read Marx. Even if you don't take everything he says, much of what he writes can be directly applied to today and can help people make sense of their current situations.

He helped build it, he shouldn't be that surprised.

there's certainly no reason to ever give a whit of credit (no pun intended) to anything any financier ever says. The other day there was a muppet on the radio rambling about how if the Canadian government limits interest rates to 35% as they're discussing doing, banks won't be able to make enough money to be able to loan it out. Usury is anything above 3%, just in case you didn't know. Now the entire culture is usurious; usury is the standard, ergo we don't use the word any more.

Most of the evil in this world comes from stupidity and simplistic thinking. They believe in these simple rules that seem fair and right in some ideal scenario but don't consider the emergent effects of the laws and rules that capitalist institutions will exploit and erode. They want to believe in some kind of religion.

Late Stage Capitalism, Crony Capitalism, pretty much textbook.

I like it better when there was talk of a railroad workers strike and Buffet shut the fuck up because he knew where his moneu comes from and what that would do to this fake image he's fostered. Who's gotta strike to make him shut up this time?

Needs a good bottom text: am I a joke to you

Funny cause Henry George keeps hitting the nail on the head from over a century ago.

Textbooks don't do stuff other than be expensive for no damn reason.

What exactly did Marx predict that is true today? Was it something like the rise of subscription services or more like general increasing inequality under capitalism?

We are truly on the cusp of socialist revolution just like Marx said. If we extrapolate the lemmygrad instance to the rest of the world, that means it's only a couple years max until we behead those pesky billionaires starting with wrren bffet. It's simple math if you read this philosophers textbook " Das Kapital."

Yea and mr marx did a REAL great job of predicting how his system would turn out...