If we change our thinking from acquiring wealth to equitably distributing the resources we all need, we can create a post-scarcity world where everyone has the basic necessities of life. This blog is to that end.
That moment Ellen realizes she might be an Anarchist
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#government #anarchism #ellen![fullpraxisnow:
““ “Whenever we try to envision a world without war, without violence, without prisons, without capitalism, we are engaging in speculative fiction. All organizing is science fiction. …[A]re we brave enough to imagine beyond the...](https://64.media.tumblr.com/ec333770c4191f8b9777c0475c27abfd/tumblr_pcsmp0ieUo1qexjbwo1_640.jpg)
“Whenever we try to envision a world without war, without violence, without prisons, without capitalism, we are engaging in speculative fiction. All organizing is science fiction. …[A]re we brave enough to imagine beyond the boundaries of “the real” and then do the work of sculpting reality from our dreams?”
– Walidah Imarisha | Octavia’s Brood
Elon Musk wasn’t charged by the SEC for offering to buy back all Tesla shares at $420, which is what I’ve seen some people on here misunderstanding. He actually committed quite a serious financial crime.
Musk announced on Twitter that he had the money (from funders) to buy back all Tesla shares for $420 each. This meant that if you owned a share in Tesla, it would soon become worth $420. At the time he made that tweet, a share in Tesla cost $341.99. Therefore, because he made that tweet, people started buying shares at that price, in the belief that soon Musk would be buying all those shares back and they would make $78.01 for every share they bought.
This caused a spike in the price of shares in Tesla, as everybody competed to buy up as many as they could. This increased the value of Tesla as a company.
However, Musk actually did not have funders secured to carry out buyback of all Tesla shares. He knowingly misled the public about the plans of the company, and financially benefited from doing so. Fuck him.
I hear you, but how many of us have enough discretionary income to buy even one share of Tesla stock? A bunch of rich old geezers bought shares hoping Musk would buy them back. The SEC cut a deal and allowed Musk to stay on as CEO if he quit as chairman. And the stock STILL went up and the geezers STILL made money. So don’t feel sorry for them.
Charity under capitalism is “giving back” mere fractions of what you already stole from the commons.
And NOWADAYS, the Electoral College heavily favors states with high prison populations for exactly the same reasons.
