Discover and read the best of Twitter Threads about #Oligarchy

Most recents (24)

Want to thank @Bindestriche for the retweet. Inspired the need to vent my thoughts in this🧵
An article on Peter #Thiel & his vision, to me a sign: we need to reclaim our #future & not let #techgurus take over.
Let’s start to look at our daily routines: fast pace thru … 1/21
#digital tools for working, shopping, researching, studying. communicating & more, made possible by mostly #SiliconValley’s tech companies for a “convenient” life. And I wonder if this is really the concept of the #goodlife that I dreamed of in my childhood? …2/21
..& will it be favored by unborn generations? It seems we are letting a certain type of tech vision take over.
Let me try to look behind that future that seems to be favored now:
As I see it the few leading tech companies now are mainly white men in their 30‘s & 40‘s … 3/21
Read 21 tweets
#THREAD

On May 1st, 1949, the essay 'Why Socialism?' was published in the first issue of Monthly Review, written by actual genius, Albert Einstein.

It addresses some of the main & ongoing problems with capitalism, predatory economic competition, & growing wealth inequality.
It highlights how control of the mass media by private capitalists makes it difficult for citizens to arrive at objective conclusions, & how political parties being influenced by wealthy financial backers results in an "oligarchy of private capital".

Sound familiar?
Einstein concludes that these recurring problems can only be corrected with a mixed/planned economy which maintains a strong democracy to protect the rights of individuals.

Below are edited highlights from the essay which imho still have a strong resonance & relevance today.
Read 75 tweets
#ElonMusk isn't evil, BUT
👇A thread 🧵

His #libertarian ideology can be cartoonishly evil, bcs its amoral. That makes him a threat to #liberty, #prosperity & 250 years of American #democracy

#Twitter #ElonMuskTwitter #ElonMuskBuyTwitter #DemocracyUnderThreat
1/??
There are a few dots to connect, so stick with me...

1️⃣ #PeterThiel wants a #Monarchy
2️⃣ The #KochBrothers are creating an #Oligarchy
3️⃣ #Putin's Russia is the grand vision
4️⃣ #Libertarians are amoral
5️⃣ #Ideology is blindingly dangerous
/2
First, check out this remarkable @Techcrunch article called "Geeks for Monarchy".

Long before the 2016 election brought us a #Trump/#Putin/#Theil/#AltRight mashup of craziness, @klintron laid out this #antidemocracy ideology waaaaaay back in 2013.
/3


techcrunch.com/2013/11/22/gee…
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We're in a Climate & Ecological Crisis, Sixth Mass Extinction, a threat to us all. Fossil fuels, though they account for over 80% of carbon emissions produced by humans, continue to be widely used. That's massively destabilising our biosphere, yet our Parliament says/does nothing Image
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#THREAD

#Neoliberalism has been a cataclysmic failure:

Taxes for the rich have been cut, & regulation reduced or privatized

Worker, consumer & environmental protections have been removed

Deregulation produces not competition, but market concentration

prospect.org/economy/neolib…
Economic power has resulted in feedback loops of political power, in which elites make rules that bolster further concentration

Wealth distribution is vastly more unequal, yet economic growth is slower & more chaotic than during the era of managed capitalism Image
Daily life has become more of a struggle for hundreds of millions of ordinary decent people

The economic collapse of 2008 was the result of the deregulation of finance, costing the US economy upwards of $15 TRILLION (vastly more globally) ImageImage
Read 9 tweets
Daily Bookmarks to GAVNet 02/14/2022 greeneracresvaluenetwork.wordpress.com/2022/02/14/dai…
Study: US is an oligarchy, not a democracy - BBC News
bbc.com/news/blogs-ech…
#USA, #oligarchy, #democracy
Why is molten lava often covered with zig-zag patterns? - BBC Science Focus Magazine
sciencefocus.com/planet-earth/w…
#MoltenLava, #ResearchResults, #MoltenWax, #FlowPatterns
Read 20 tweets
#THREAD Capitalism 2.0

Data is now more valuable than oil. Your most personal data is continually extracted from you, & its owners know things about you that you don't.

It's used by Govts & corporations to imperceptibly nudge, manipulate & exploit you.

theconversation.com/personalised-g…
How does this happen, & what are the implications?

"Your data isn't just about you. It's about how it can be used against every person you know - and people you don't - to shape behaviour unconsciously."

Bernays: 'the aim is to co-opt the publics’ strongest drives & “turn” them towards new desires that stabilize & profit the corporation'.

The minutiae of our personal lives are harvested, commoditised & sold to those who use it to create new conduct for us - which benefits them.
Read 7 tweets
#Technocracy is #Fascism, #Communism, or something parallel. Coronavirus pandemic accelerated long-held plans of #WEF #Davos to establish #Globalist #Elite so-called #Leftist NWO. #Global policymakers advocating the “Great Reset” advocate #EcoDystopia
mises.org/wire/lockdowns…
The coming #technocracy is Marxism: involves close cooperation between heads of #digital #industry & #govts. Programs such as minimum income & healthcare for all? NWO governance 'strict societal control with the promise of comprehensive social justice
1/
NWO of #digital tyranny comes with a intrusive #SocialCredit system. The People’s Republic of China is the pioneer of this method of #Surveillance & #Control of #Individuals, #Corporations, & #SocioPolitical entities
2/
Read 29 tweets
|@grist: Leaked calls show #ALEC’s secret plan to fight Biden on climate: NEW working group is promoting long-shot tactics like Nullification & a Constitutional Convention (of States or COS) grist.org/politics/alec-… #ALECexposed #ALECideas=Make ALL Federal actions "null & void"
"The call (attained by @EXPOSEDbyCMD) was 1 of 2 so far as part of #ALEC’s new "Functional Federalism Working Group", which exists separately from a longstanding ALEC task force on federalism & int'l relations."
#ALECideas=
#CovidDenial Kill us fast.
#ClimateDenial Kills us slow. Image
American Legislative Exchange Council TACTIC is to make Biden Exec Orders, Fed Laws & Courts "NULL and VOID" via legislation in US (#GOP-controlled) States.

MUST READ |@APNews: Idaho panel OKs (#ALEC) plan to nullify federal actions, rulings apnews.com/article/legisl… #ALECexposed
Read 6 tweets
#USA is a free democracy, #India is a "partly free" democracy
#FOE Japan is a free democracy, India is a partly free democracy: Compare the ratio of critical/unfavorable articles, to favorable articles, in the top 3 news sources in Japan & India respectively, to find which press is freer! #SciMe 1st data, 2nd Analysis, 3rd Policy/views!🧐🤔
3/demo #Majoritarianism & freedom: Compare treatment of minorities in USA(non-christian), Japan(Korean etc) & India (Muslims): In particular plot over 70yrs th % of minority pop on same graph & compare decadal changes[summarizes it's discrimination(in cntry) & opportunities(ROW)]
Read 93 tweets
Aims of the #GreatReset #American #Bankers #Oligarchy ... "We will promote social justice policies to reduce inequalities including through support to tax redistributive & domestic resource optimization approaches social safety nets & or insurance schemes"
Newly Unsealed Docs in 2018 showed top #FDIC Officials Running Operation #ChokePoint* under 2013 #ObamaAdministration to form public/private oligarchy

* to freeze politically disfavored #businesses deemed not PC / high risk out of the financial system
forbes.com/sites/norbertm…
Read 39 tweets
@martynziegler @TheAthleticUK

#disruption
The 'buzz word' in business - Footy is soon to get it's dose

What's this about though?

#Control #Money #power

These 'Elite' club owners will point to #UEFA & #FIFA chequered pasts & say "We'll do it better"

Despite massive numbers in revenues💰💱 Football clubs are so bloated, the top guys feel they need more!

For long term planning, they need control of the rules of competition too.

The huge swathes of capital hoarded by the investment banks/rich are willing to fund this new comp
The #PremierLeague will end up a place for the 'Elite' teams in the new #EuropeanSuperLeague to play their so called reserve squads - Because the rewards on offer merit that.

That said, with the huge revenues they will dominate, those reserve squads will still be the best ⚽️🤯💁
Read 7 tweets
One of the scariest things I've read.

Respected historian Nancy MacLean contends that James McGill Buchanan's influential philosophy is behind the dramatic, unnerving & profound changes we're seeing played out in real time.

Please, read the article.

ineteconomics.org/perspectives/b…
If Americans really knew what Buchanan thought & promoted, & how destructively his vision is manifesting under their noses, it would dawn on them how close the country is to a transformation most would not even want to imagine, much less accept.

Britain is heading the same way.
MacLean makes her case in a meticulously researched book, 'Democracy in Chains', a finalist for the National Book Award.

While Americans grapple with Trump’s chaos, we may be missing key changes, which once locked into place, there may be no going back.

penguinrandomhouse.com/books/533763/d…
Read 26 tweets
Questions you will NEVER hear asked on any @BBCNews or @BBCPolitics shows:
Here's another question you will NEVER hear asked on any @BBCNews or @BBCPolitics shows:

When things go wrong in a socialist or a communist country, #socialism & #communism are blamed, so why is it that when things go wrong in a capitalist country, #capitalism is NEVER blamed?
Here's another question you will NEVER hear asked on any
@BBCNews or @BBCPolitics shows:

What role do the influential state broadcaster's news & political shows play in shaping public opinion about #neoliberal free-market #capitalism?
Read 7 tweets
[THREAD] on #Western #XRW #foreignfighters in #Ukraine war as @FightExtremism publishes my report on the issue 2day. Main Q: what it takes to become such a fighter? Who are they? Here I will summarise the main findings for your convenience. Link: counterextremism.com/sites/default/… 1/ Image
2/ I began researching this back in 2014 – when I saw this clip with #France #foreignfighters on #DNR #LNR side of the war in #Ukraine. I was surprised, to say the least.
youtube.com/watch?v=ahdROt… Image
3/ As it turns out, a few hundred #Western ers with #XRW convictions travelled to fight in #Ukraine on EITHER side. Many had known each other from before the #war in #Ukraine.  Below is a map of the main mobilisations for the war. Note the scale of the #Russia n for BOTH SIDES. Image
Read 16 tweets
A thread about #COVID19, colonial violence, and how the English class system is wrecking the country. 🧐✊🇪🇺#coronavirus #ToriesOut #history #SystemChange #JohnsonMustGo 🦠
This chap is Hugh Trenchard, or “viscount” Trenchard*, a Tory member of the House of the Lords… 🤨🇪🇺 #ToriesOut

*footnote: I don’t recognise titles for living people, having abolished the honours system. I use them for historical personages, for the avoidance of confusion…
Being a reliable Tory footsoldier, naturally Trenchard has offered his “strong support” to Boris Johnson for his handling of the #coronavirus emergency… 😖✊🇪🇺🦠 #resist #liars #COVID19 #ToriesOut #ToryShambles
Read 34 tweets
Where are we?

1. Trump is impeached.

2. He just announced that he can do ANYTHING he wants without consulting Congress. He can ignore a subpoena and any US laws.

3. He just said he can commit troops to any assassination or act of war WITHOUT consulting or notifying Congress.
Where are we? <continued>

4. Trump is quietly gutting tax law while Americans are distracted, simultaneously bankrupting the country and setting up the #oligarchy !

5. Trump is creating one of the largest deficits and adding many trillions of dollars to the national debt.
Where are we? <continued>

6. Trump's war on science continues (more ignorance) ... especially attacks on #ClimateAction attempts, almost as if he's trying to accelerate #GlobalWarming !

7. Trump lies about protecting the environment, simultaneously removing all protection.
Read 5 tweets
9. Holocaust in Yemen caused by Saudi Arabia, United Arab Emirates, Bahrain, Egypt, Jordan, Kuwait, Senegal, Sudan, Somalia, Qatar, Morocco, US, France, UK, Canada, Australia,Germany
#Yemen #CrimesAgainstHumanity #WarCrime #Holocaust #YemenCantWait #YemenHolocaust #WorldHypocrisy
1. Holocaust in Yemen caused by Saudi Arabia, United Arab Emirates, Bahrain, Egypt, Jordan, Kuwait, Senegal, Sudan, Somalia, Qatar, Morocco, US, France, UK, Canada, Australia,Germany🤨👇🏼
threadreaderapp.com/thread/1109495…
2. Holocaust in Yemen caused by Saudi Arabia, United Arab Emirates, Bahrain, Egypt, Jordan, Kuwait, Senegal, Sudan, Somalia, Qatar, Morocco, US, France, UK, Canada, Australia,Germany🤨👇🏼
threadreaderapp.com/thread/1112537…
Read 82 tweets
Ten #MMT tips to remember on #TaxDay:
1. Federal #taxes don't fund federal spending, so let's #decouple these two important tools.
2. Taxes offset #Government spending.
3. It's a matter of #logic: #dollars must be spent into existence (by the Gov) first, in order for us to use some of those $ to pay taxes
4. #Taxing for #revenue is for local states/municipalities, not the #sovereign issuer of the #currency.
5. Taxing excessive wealth protects #democracy from #Oligarchy and protects us from abusive market power
6. Taxing #pollution & #speculation to reduce such activities, not to "fund" #healthcare and #education.
Read 6 tweets
@EricHolder has asked an important question:

#When was #America #ever #great?

I realize that there is a nearly unavoidable tendency to snort and spew one's coffee when they hear or read his question for the first time. But, honestly, isn't it worth the exercise to answer it?
So, @EricHolder, I'm going to do just that, and I'm going to ask my ragtag bag of followers and detractors to contribute as well.

I'm going to offer my evidence of moments of American greatness. And I'm going to ask those that read this thread to do the same.
But wait!

There's more!

I'm going to ask my detractors and antagonists (are you seeing this @fedupaton) to contribute as well, and will welcome from them both moments of greatness and moments of shame.
Read 30 tweets
.@realsportshbo revealed another ugly aspect to @NFL concussion story: Under existing terms of settlement with @NFLPA, board administering funds has denied most claims & major diagnoses such as behavioral issues & depression are not even covered. #labor #publichealth #oligarchy
.@nfl claims that many applications r fraudulent. Of course, people should defer to the league, since it's an expert in fraud. It misled its labor force for years about dangers of the sport & it has misled municipal governments into subsidizing its stadiums #GameRecognizesGame
This story represents almost everything wrong in #USA. #Oligarchy begrudges slimmest slices of pie to #labor, & we the #Idiocracy buy billionaires' merchandise made by more oppressed workers elsewhere & use $ from public treasuries to replace functioning stadiums for those with
Read 8 tweets
I'm back on the #soapbox. And I'm going to be on it a long time talking up #CitizensUnited until it sinks into the brain of everyone here. If we want a HOPE of restoring the #integrity of our #elections it MUST be overturned. #DarkMoney is overriding our voices in the ballot box.
#CitizensUnited was and is the nail in the coffin to any pretense of #democracy. How do you think this #IllegitimateRegime was installed? #DarkMoney is the major culprit. Then there was the #Russian interference, #Hacking, #VoterSuppression and #Gerrymandering.
A #PerfectStorm
We lost our voices this last #election that was a #coup. #WI alone suppressed 300K votes & that's just the tip of that iceberg. Throw in the #CitizensUnited #DarkMoney of #Adelson #Kochanistan #Mercerville et al #Russians #hacking #Gerrymandering & there you go. #Democracy dies.
Read 6 tweets

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