Over the past two decades, Gee’s Bend quilts have captured the public’s imagination with their kaleidoscopic colors and their daring geometric patterns. The groundbreaking art practice was cultivated by direct descendants of slaves in rural Alabama who have faced oppression, geographic isolation and intense material...
What happens when distinctive cultural tradition collides with corporate America?
Corporations have a fiduciary obligation to maximize profit for shareholders. That is the primary reason for their existence. It is not to meet a need, promote well being, or respect cultural traditions, it’s only to maximize profit. If in the pursuit of maximum profits a corporation does end up meeting some need or promoting well being, it is incidental. Popular theory is that the companies that best meet their consumers needs will also be the most profitable, but reality is much more complicated than that and this theory often doesn’t hold up, which is unfortunate because it is the basis for our entire economic system. We have built our entire economic system on the idea that the pursuit of profit should be the highest ideal. I think we can now say conclusively that was a mistake.
But I think you can understand why three years of improvement after four decades of stagnation might not dramatically move peoples’ perception of the economy. Plus, are real wages up for everyone? Is it average real wages? Median? There’s a big difference. It’s entirely possible some people are experiencing much more real wage growth than others.
Edit: apparently a lot of you are confused. You seem to think that if wages are up for some, they must be up for all. That’s not how it works. Not everyone got a raise over the last three years. Some people did, others didn’t. Some people saw their income increase dramatically, some saw their income stay about the same, and some saw their income go down. And that’s true whether the incomes in question are measured in “real” (inflation adjusted) terms or are nominal figures.
Ok, I looked it up. Here’s what I found from investopedia:
Real income is how much money an individual or entity makes after accounting for inflation and is sometimes called real wage when referring to an individual’s income. Individuals often closely track their nominal vs. real income to have the best understanding of their purchasing power.
Now that I have an exact definition, explain how anything I wrote was a “dumbass question.” Frankly, I don’t think I’m the dumbass here…
Experience has shown that isolationism delivers very negative consequences
There is a lot of ground between being an isolationist hermit like North Korea and getting involved in conflicts that we need not be involved in. I would say our involvement in the Middle East has done more harm than good. We are the reason Iran, Iraq, and Afghanistan are in the conditions they are in, for instance.
The US overthrew the democratically elected president of Iran and installed the authoritarian Shah in his place, setting the stage for the Islamic revolution that took place in the 70s.
Not that we didn’t try to instill democracy, but we failed.
Exactly. We tried to install a democracy in another country, through military force, killing hundreds of thousands of civilians in the process. We shouldn’t meddle in the affairs of other countries, even, and especially, if we think we are doing it for noble reasons.
There are countries, like Japan, that are happy we do that
I don’t care. I do not support my country unilaterally using military force to protect the interests of some countries, against others. We should not be the world’s police. No country should be in such a position of total power.
Donald Trump’s pledge to fight what he calls “anti-white feeling” in the U.S. will likely embolden allies who seek to dismantle government and corporate programs created to battle racism and boost diversity in American life....
I don’t think there are very many people in the US who are “anti-white.” I think a majority of Americans are against white supremacism, or a racial hegemony/hierarchy that has “whites” at the top. That doesn’t mean I want a hierarchy that has another group at the top, I want no hegemonic order at all. I think most Americans would prefer it if we could all just see each other as, well, Americans.
I realize that’s easier said than done in this very divided era. I can’t deny that I have a hard time seeing some people as my countryman, because their culture, beliefs, and ideals are so much different than mine. I’d like it if we could reach some kind of consensus on what it means to be an American. I think we will reach a consensus, but getting there is going to be… contentious.
I’m not young, but I’m also not committed to a political party. I consider myself politically and ideologically agnostic. I’m not going to limit myself to only one ideology or orthodoxy. I prefer pragmatism to rigid orthodoxy.
I’m sick of these articles telling me what I value. You know what I really value? Stability, security, peace of mind. I don’t want a mansion, a million Instagram followers, or a passport full of stamps, I just want a decent, relatively simple life. I just want to be happy and content.
I wish I hadn’t installed the update. I was hoping it would make the game run better on the steam deck, but it’s actually worse. I think they’ve increased the graphical fidelity, but it’s come at the expense of the battery. I found a work around to get the game launcher to come up so I could lower the graphics settings to improve battery life, but that doesn’t fix the bugs. They seem to have gotten worse with the update. Never change, Bethesda. Never change.
Averages are kind of meaningless. The article does mention that median net worth also rose for people under 35, but it doesn’t give the numbers. Probably because the median numbers are considerably lower than the average. But even the median numbers wouldn’t’ tell the whole story. Net worth has gone up for people who own certain assets that have appreciated in value over recent years, like houses and stocks. Means nothing to those who don’t own any of those assets, and the more the value of assets goes up, the higher the barrier of entry will get for anyone looking to acquire such assets in an effort to improve their own wealth. It’s also worth mentioning that some people think we are in an asset bubble, and if that bubble were to pop, especially housing, people’s net worth would decline, maybe even significantly.
Frankly, I think we need to stop worrying about wealth and start carrying about well being.
You may have noticed that in recent weeks, the Biden administration has been rolling out a hell of a lot of new regulations. Earlier this month it was big student loan reforms and a massive improvement in how public lands are managed, then this week we had better pay and working conditions for working Americans, minimum staffing...
Too far? Not far enough. Biden is not only the greatest American president, he’s the greatest ruler/leader to ever live. The future is only possible because of him and his wisdom and virtue. By singlehandedly solving the climate crisis, he has saved us and countless future generations. He’s basically a god.
The most distressing thing about this quote from Rand is that many people, even today, will read it and say that it’s wise, insightful, and true, rather than see it for what it is: incoherent nonsense.
When Marisa Fernández lost her husband to cancer a few years ago, her employers at the Eroski hypermarket went, she says, “above and beyond to help me through the dark days afterwards, rejigging my timetable and giving me time off when I couldn’t face coming in.”...
I know it’s not exactly the same but I worked for a credit union, they are member owned. All of the workers and customers are members and the members are the owners. It was a really good place to work. It was technically not-for-profit, so our surplus at the end of the year was reinvested into the institution, rather than being paid out to shareholders.
I’m not young, but I feel the same way as these young people. I don’t care about this country, I don’t care about its people, and I don’t care about its future. It’s like that Bob Dylan song, “I used to care, but things have changed.”
Getting rid of one party in a First Past The Post system would result in another party taking its place.
Exactly. Get rid of the Republicans and another obstructionist party would eventually take their place, putting us right back where we are right now. You want to replace the first-past-the-post electoral system with one of proportional representation and political plurality? Fine, but how do you plan on accomplishing that with the Republicans, or some other obstructionist fighting you at every turn?
They made one-of-a-kind quilts that captured the public's imagination. Then Target came along (apnews.com)
Over the past two decades, Gee’s Bend quilts have captured the public’s imagination with their kaleidoscopic colors and their daring geometric patterns. The groundbreaking art practice was cultivated by direct descendants of slaves in rural Alabama who have faced oppression, geographic isolation and intense material...
CNN's Burnett asks Biden how he is going to turn the economy around. He said he already has. (www.cnn.com)
Israelis frustrated with U.S. handling of hostage talks (www.axios.com)
Trump vows to fight 'anti-white feeling' in US. His allies have a plan (www.reuters.com)
Donald Trump’s pledge to fight what he calls “anti-white feeling” in the U.S. will likely embolden allies who seek to dismantle government and corporate programs created to battle racism and boost diversity in American life....
A social media post encapsulates Biden’s young-voter problem. Younger Democrats are less committed to the party in general. (www.washingtonpost.com)
Paywall removed: archive.is/xfEFI
(2019) NOwnership, No Problem: An Updated Look At Why Millennials Value Experiences Over Owning Things (lemmy.world)
You will own nothing, and you will smile all the time and love it. These kookie 40 year old young people and their trends....
That one glory hole (lemmy.world)
Fallout 4's most popular mods are now ones that remove Bethesda's disastrous 'next gen' update (www.pcgamer.com)
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In private, Biden shifts from frustration to confidence that he'll beat Trump (www.nbcnews.com)
Joe Biden Has Another Big F*cking Deal For Climate, Again (www.wonkette.com)
You may have noticed that in recent weeks, the Biden administration has been rolling out a hell of a lot of new regulations. Earlier this month it was big student loan reforms and a massive improvement in how public lands are managed, then this week we had better pay and working conditions for working Americans, minimum staffing...
R. Crumb gives his opinion of Ayn Rand (lemmy.world)
Does it count as a meme if it’s from 1985 but still structured like a meme?
The US economy is cooling off. Why experts say there's no need to worry yet (abcnews.go.com)
‘In the US they think we’re communists!’ The 70,000 workers showing the world another way to earn a living (www.theguardian.com)
When Marisa Fernández lost her husband to cancer a few years ago, her employers at the Eroski hypermarket went, she says, “above and beyond to help me through the dark days afterwards, rejigging my timetable and giving me time off when I couldn’t face coming in.”...
‘They Are Just Pissed Off’: Scott Galloway Warns Young People Are ‘Opting Out of America’ As Older Generations Failed Them (www.mediaite.com)
Why would she tweet that?! We're so effed... (lemmy.world)