Recent submissions

Comment · 2 years ago
Drugs are great. You are entitled to your opinion, and so am I. There's nothing morally wrong with not wanting to participate in a society based on suffering and exploitation of poor people in far away places.
Comment · 2 years ago
Capitalism is just a system based around the belief that capital appreciation is the ultimate end goal, and the ends justify the means. Everything is fine so long as the GDP keeps going up.
Comment · 2 years ago
I guess we can all believe what we want to believe. But Y Combinator (who sponsors this website) is a venture capital firm, which seeks to generate returns on capital by investing in companies. This website, therefore, is designed to reflect and encourage the interests of capital. You can pretend Y Combinator is something other than a venture capital firm if you want, but one day you'll realize that they too only care about getting money.
Comment · 2 years ago
You're trying to add layers of complexity that don't exist. The universe is remarkably uncomplicated, much like biology (which, you correctly assert, only exists to replicate itself). Humans like to anthropomorphize and we have a tendency to see things that aren't there, and we're also highly suggestible and easily manipulated by marketing tactics.
Comment · 2 years ago
I don't think capitalism is inherently bad, but the system we have is bad. Adam Smith wrote a lot about this, in particular he loathed landlords and entities that suck value out of the system while offering little in return. Apple is a weird case, because arguably they do create a lot of value, but currently we have a problem where that value isn't returned to the broader society, instead it goes into the hands of a small minority of people and groups.

Asymmetries need to be balanced, such as the balance between labour and capital. Unions help labour, but thanks to a decades-long propaganda campaign against unions, we no longer have that push back against capital.

Personally I think the problem will only get worse, so I'd suggest buying the S&P 500 with as much cheap leverage as you can afford.

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