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New owners of eBaum's World fire ebaum and his staff

blog.ebaum.tv

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Re: New owners of eBaum's World fire ebaum and his staff

#2
The more I read about it, the less I am convinced that capitalism is all ponies and manna from heaven, like some here believe.

And it's close to its end, anyway, at least as we know it. No, I am not some raving conspiracy theorist. Automation and innovation almost guarantee that the world in 100 years will look drastically different than it does now.

Re: New owners of eBaum's World fire ebaum and his staff

#4
post #2

The more I read about it, the less I am convinced that capitalism is all ponies and manna from heaven, like some here believe. And it's close to its end, anyway, at least as we know it. No, I am not some raving conspiracy theorist. Automation and innovation almost guarantee that the world in 100 years will look drastically different than it does now.

So Eric Bauman makes a site that profits from stealing other people's content. A song is written insulting him. An entire website blames their mayhem on him in revenge. He is caught altering watermarks and removing citations. He gets enough money to buy an apartment building and sponsor a boxer. His father writes insulting emails. Then suddenly another shady company buys him out and ruins his company, and it's proof that capitalism is bad? On the contrary. This is excellent evidence that the system regulates itself.

Re: New owners of eBaum's World fire ebaum and his staff

#5
post #4
post #2

The more I read about it, the less I am convinced that capitalism is all ponies and manna from heaven, like some here believe. And it's close to its end, anyway, at least as we know it. No, I am not some raving conspiracy theorist. Automation and innovation almost guarantee that the world in 100 years will look drastically different than it does now.

So Eric Bauman makes a site that profits from stealing other people's content. A song is written insulting him. An entire website blames their mayhem on him in revenge. He is caught altering watermarks and removing citations. He gets enough money to buy an apartment building and sponsor a boxer. His father writes insulting emails. Then suddenly another shady company buys him out and ruins his company, and it's proof…

Except, I'd think, for the bit where Eric Bauman makes even more money in the sale and faces no charges for a decade of illegal business that funneled capital away from the creators who deserved it.

Dear lord, I think I just gave myself enough cognitive dissonance to stop using Bittorrent for hours.

But my point is that Bauman hasn't really repaid his debt to society. He's been shamed, and a lot of us are glad for that, but only by yet another corporate raider who will likely not redeem Ebaum's World the way College Humor redeemed itself after the IAC purchase.

Re: New owners of eBaum's World fire ebaum and his staff

#6
post #4
post #2

The more I read about it, the less I am convinced that capitalism is all ponies and manna from heaven, like some here believe. And it's close to its end, anyway, at least as we know it. No, I am not some raving conspiracy theorist. Automation and innovation almost guarantee that the world in 100 years will look drastically different than it does now.

So Eric Bauman makes a site that profits from stealing other people's content. A song is written insulting him. An entire website blames their mayhem on him in revenge. He is caught altering watermarks and removing citations. He gets enough money to buy an apartment building and sponsor a boxer. His father writes insulting emails. Then suddenly another shady company buys him out and ruins his company, and it's proof…

"This is excellent evidence that the system regulates itself."

As it regulated itself with the current financial and economic crisis?

Like AIG regulated itself?

Like Lehman Brothers, Bear Stearns, et al.?

Re: New owners of eBaum's World fire ebaum and his staff

#7
post #6
post #4

Earlier quoted context omitted.

So Eric Bauman makes a site that profits from stealing other people's content. A song is written insulting him. An entire website blames their mayhem on him in revenge. He is caught altering watermarks and removing citations. He gets enough money to buy an apartment building and sponsor a boxer. His father writes insulting emails. Then suddenly another shady company buys him out and ruins his company, and it's proof…

"This is excellent evidence that the system regulates itself." As it regulated itself with the current financial and economic crisis? Like AIG regulated itself? Like Lehman Brothers, Bear Stearns, et al.?

are people still seriously thinking that this economic crises was because of greedy CEOs and capitalism?

Jesus Christ. :|

Re: New owners of eBaum's World fire ebaum and his staff

#8
post #7
post #6

Earlier quoted context omitted.

"This is excellent evidence that the system regulates itself." As it regulated itself with the current financial and economic crisis? Like AIG regulated itself? Like Lehman Brothers, Bear Stearns, et al.?

are people still seriously thinking that this economic crises was because of greedy CEOs and capitalism? Jesus Christ. :|

I personally don't think it was caused by those things, though I am sure that there are those who do. I think the five major factors that contributed to it, in rough order of importance:

1) Too much leverage, without understanding the risks.

2) Trade imbalances causing capital flow imbalances.

3) Complete lack of regulation and lack of enforcement of existing regulation.

4) A culture of "gotta have it now."

5) Productivity surge that couldn't last.

As for greedy CEOs, many of them were non-productive parasites on the system (John Thain, etc.), but it wasn't their fault.

And as for capitalism, my observation was that it's going to change drastically, not that it was at fault.

Re: New owners of eBaum's World fire ebaum and his staff

#9
post #6
post #4

Earlier quoted context omitted.

So Eric Bauman makes a site that profits from stealing other people's content. A song is written insulting him. An entire website blames their mayhem on him in revenge. He is caught altering watermarks and removing citations. He gets enough money to buy an apartment building and sponsor a boxer. His father writes insulting emails. Then suddenly another shady company buys him out and ruins his company, and it's proof…

"This is excellent evidence that the system regulates itself." As it regulated itself with the current financial and economic crisis? Like AIG regulated itself? Like Lehman Brothers, Bear Stearns, et al.?

The system was trying to regulate itself. Thats why the economic crisis is happening. The companies that are in trouble are ones that can not be maintained that either need to restructure them selves or die. In the infinite wisdom of our leaders they decided to stray from the theory of capitalism and interfere.

Everyone likes to think that capitalism means that everything is happy daisy, but its not. If things go wrong in capitalism, then life can get hard but it will eventually self correct if you allow it.

Re: New owners of eBaum's World fire ebaum and his staff

#10
post #7
post #6

Earlier quoted context omitted.

"This is excellent evidence that the system regulates itself." As it regulated itself with the current financial and economic crisis? Like AIG regulated itself? Like Lehman Brothers, Bear Stearns, et al.?

are people still seriously thinking that this economic crises was because of greedy CEOs and capitalism? Jesus Christ. :|

greedy CEOs, no, not really. they're more a byproduct, i think.

not all of capitalism, but some aspects of capitalism definitely did play into the problem, yes.

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