etuomaala

joined 2 years ago
[–] etuomaala@sopuli.xyz 36 points 2 years ago (13 children)

Brave, but not stupid. It was self-martyrdom—self-immolation. The only thing Навальный did not expect was just how long it would take Путин to crucify him. Now, at last, Путин's fate is sealed, and by his own hand. Just like Israel, if the IDF pushes half of Gaza into Egypt.

[–] etuomaala@sopuli.xyz 1 points 2 years ago (9 children)

Well, it's all fuckery, but not all of it is of the GameStop variety. You should really read more about what happened with GameStop. Specifically, look for the words "short squeeze".

[–] etuomaala@sopuli.xyz 1 points 2 years ago (2 children)

God I hope this is real.

[–] etuomaala@sopuli.xyz 1 points 2 years ago

And I'm sure plenty of companies have regretted going public, and now, they're stuck with it.

[–] etuomaala@sopuli.xyz 1 points 2 years ago (11 children)

It doesn't mean you're wrong, but it does change the way you fight it, Tson Feir. Innocent companies are trapped in the system you are trying to free them from, and you are opting for the financial equivalent of an Israeli air strike. For somebody who doesn't want a dire impact on global economies, you sure seem to condone actions that will have a dire impact on global economies.

The stock market is not totally random. The value of stock is tied to the value of companies decently well, Gamestop-style fucketry notwithstanding.

My main problem with the stock market isn't that it doesn't work, or it's too random. It is working as intended. The problem with it is that it allows control over a company to be bought and sold without the consent of the company's employees. It is not slavery, because the employees can look for a job at another company if they don't like the new owners. But, like, it's also not not slavery. Disreputable people with, in their opinion, not enough money (cough cough Twitter), can sell their workers to other disreputable people with too much money (cough cough Musk). This is capitalism—its very definition. And it's becoming a real problem.

Sensible countries have already begun putting the brakes on this madness. I believe Germany requires all companies above a certain size to be 40% owned by its employees, and other European countries have similar rules. I think that is a very good compromise. And nobody has to cyanoacrylate themselves to a stock market in order for this to happen.

[–] etuomaala@sopuli.xyz 2 points 2 years ago (1 children)

I was in Finland for two and a half months and hardly ever saw brands other than the dominant ones I mentioned. But I suppose I wasn't keeping careful track, so my statistics may be subject to confirmation bias. Hey, maybe next time I'm in Finland, I'll keep a tally.

"Ltd. Lock Ltd.". Well, I guess that explains the origin.

How do Finns typically pronounce it, though? The "oy" diphthong really rubs my Finnish phonology gland the wrong way. I keep wanting to pronounce it "ablöy", like "löytää".

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