Live data from Hacker News

The top 10% owns 87% of the stocks

awealthofcommonsense.com

601–606 of 606 posts

Re: The top 10% owns 87% of the stocks

#601

Earlier quoted context omitted.

How very Marxist. How have those Marxist governments fared in the past?

Slightest pushback on free market capitalism == soviet union, how very republican of you.

Nah, republicans love infringing upon free market capitalism quite regularly. But they insist on being the ones directing how it is done.

All animals are created equal, but some animals are more equal than others.

Re: The top 10% owns 87% of the stocks

#602

Earlier quoted context omitted.

Marxism is when people stand up for their rights I guess?

There are zero rights without obligations. Why do we never hear about the latter? To read about people standing up for their rights in a Marxist State read Robert Conquest's 570 pages of 'The Great Terror' - an account of the crimes committed against humanity in the name of the Soviet Communism that emerged from the 1917 revolution. 'We'll do it differently' is the usual response. Sadly this always leaves out appreci…

Taking an isolated look into history is unhelpful and lacks wisdom. The events you mention will feel and sound raw due to how close it is to us. Looking at it this way, it only serves to protect existing entrenched power structures because it fails to acknowledge why revolution happen. If the system evolved, we wouldn't have revolution. It's the last straw.

Re: The top 10% owns 87% of the stocks

#603
post #488

Earlier quoted context omitted.

It's actually pretty similar when you get to the bottom of it. Lenin was a member of the nobility during the Tsar rule. He saw his oppurtunity when Russian leadership was weakened after the first World War (similar to how the British were weakened after the Seven Years' War) and took it. The biggest difference is that he had unsuccessfully tried before and was orchestrating the whole thing from his exile base in Swit…

> Lenin was a member of the nobility during the Tsar rule. This is not true at all. Where is your source for this claim?

Paragraph about his father from wikipedia:

>he was promoted to Director of Public Schools for the province, overseeing the foundation of over 450 schools as a part of the government's plans for modernisation. In January 1882, his dedication to education earned him the Order of Saint Vladimir, which bestowed on him the status of hereditary nobleman.

Re: The top 10% owns 87% of the stocks

#604

Earlier quoted context omitted.

Road trips for families is how you stay on a budget. It’s easy to get hotels for around $100 a night that include breakfast if you stay out of world-renowned destinations. A lot of vacations also involve crashing at another family member or friends spare bedroom/fold out couch. I grew up with family vacations like this (inflation adjusted) and I had a great time. It’s hard to wrap your mind around when you think vaca…

100$ for four beds including breakfast? I live in Europe, perhaps that's why the prices feel off. I pay around 100$ per night without breakfast here in most places, for 2 people.

The fact that you think families need four beds speaks to the disconnect you have from the lower and middle class.

Re: The top 10% owns 87% of the stocks

#605

Earlier quoted context omitted.

> The people of Belarus put this to test not that long ago. Massive numbers of people came out, factories went on strike, even people from the military and police spoke out against the regime. Did they, though... The Western media depicts all color revolutions as such movements, complete with 'the military speaking out'. They did the same in Venezuela and other places. The 'military guys speaking out' turned out to b…

They did yeah. There was this whole hashtag-like thing on Telegram where people who had a regime uniform in their wardrobe would stuff it in the trash. It was mostly demobilised conscripts, policemen, and such. There was also one high ranking retired officer who openly spoke out against the regime, who’s in exile now. Having written that, so yes and no. As in, I don’t think there were many (any?) active service membe…

> There was this whole hashtag-like thing on Telegram where people who had a regime uniform in their wardrobe would stuff it in the trash.

That's SO very different than every other color revolution, including the ones the US attempted in Cuba by creating a fake twitter.

Re: The top 10% owns 87% of the stocks

#606

Earlier quoted context omitted.

> 250 years ago George Washington could have financed the entire Revolutionary War That was a rebellion, not a revolution. The colonial elite broke away from the mother country. They sculpted the eventual legal and political structure to protect their power and privilege without having to pay taxes. If you're looking for a revolution, better look at the French Revolution or the October Revolution.

The October Revolution wasn’t a popular uprising but a surgical strike by a minority faction. just after the take over, SRs were more popular but bolsheviks crushed them fast without much resistance. so it wasn't about what people wanted but what a determined minority could pull off.

> The October Revolution wasn’t a popular uprising but a surgical strike by a minority faction

And with that argument, you reduce every.single.revolution to a 'surgical strike by a minority faction'. The French Revolution becomes a surgical strike of a few enlightened bourgeois in Paris. The American Rebellion becomes the rebellion of a very small clique of rich colonial landowners. No revolution would be an exception.

Every single revolution happens through a vanguard party pushing it forward - that's what the Bolsheviks got right.

> it wasn't about what people wanted

It wasn't what the better-off bourgeois and their dependents in Moscow, St. Petersburg and other regions wanted. It was apparently what the people wanted, because the resulting, foreign-aided civil war was won by the power of those people. No revolution can win a civil war without popular support.

Post reply on HN