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ZDU

(375 posts)

11. "Capitalism has made it this way..."

Reply to AStern (Original post)

Tue Apr 29, 2025, 06:32 PM

Apr 29

"Capitalism has made it this way
Old-fashioned fascism
Will take it away"

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It starts with a closing store. [View all] AStern Apr 29 OP

Socialized Capitlism Kid Berwyn Apr 29 #1

Excellent article. Thanks for posting. I gave a talk about this to me senior group. They SharonAnn Apr 29 #2

I love Hooters and nothing to do with the girls. I really like their wings, eat there about once a week. Expensive. OverBurn Apr 29 #3

I had a birthday lunch there Skittles Apr 29 #22

We used to have nice things in the United States. Initech Apr 29 #4

Does America need a Vladimir Lenin style Dan Apr 29 #5

That turned out badly for the common people of Russia. Mister Ed Apr 29 #8

Meet the new boss, same as the old boss /nt localroger Apr 30 #52

No TheProle Apr 29 #15

Both Lenin and the Trump coalition are politically authoritarian. markodochartaigh Apr 29 #18

I believe this is called "pump and dump" Fil1957 Apr 29 #6

Regan and Bush 1. IbogaProject Apr 29 #7

I seem to have read DENVERPOPS Apr 29 #9

It isn't Capitalism vs Socialism MadameButterfly Apr 30 #29

When corporations become government louis-t Apr 30 #39

JoAnne's declared bankruptcy before being sold to a private equity firm. MichMan Apr 29 #10

Just remember, the goal of private equity isn't to save the company. louis-t Apr 30 #34

Isn't profit the goal of every business ? MichMan Apr 30 #36

Entrepreneurs grow companies. Vulture capitalists (private equity) suck them dry, which they have to do in private. Bernardo de La Paz Apr 30 #37

What happens when those entrepreneurs fail? MichMan Apr 30 #40

I was commenting on the general claim that included vulture private equity capitalists in "seeking profit" Bernardo de La Paz Apr 30 #45

A couple of points about Joann. louis-t Apr 30 #46

I didn't say the goal shouldn't be profit. louis-t Apr 30 #38

What is the proposed solution for failing companies if they are prohibited from selling them? MichMan Apr 30 #41

Actually, publicly-owned companies have a better success rate. louis-t Apr 30 #44

I never knew they got public financing of the debt. I always thought it was banks taking the risk MichMan Apr 30 #47

It's banks, bank syndicates and private investors. louis-t Apr 30 #49

you sure like defending cybertrucks and vulture capitalists Skittles Apr 30 #51

"Capitalism has made it this way..." ZDU Apr 29 #11

Excellent. Also Coos County resident. NT Wah_Guy Apr 29 #12

And most people don't have a clue how it all works TexasBushwhacker Apr 29 #13

Bain! Literally the Bain of our existence. calimary Apr 29 #26

Been to a mall lately? BidenRocks Apr 29 #14

Get in the wayback machine Earl_from_PA Apr 29 #25

I'm retired and old. I have a couple of pairs of shoes with easy slip on, from LL Bean and they've been worn by me for CTyankee Apr 29 #27

This can be a positive thing Sucha NastyWoman Apr 29 #16

BlackRock, Vanguard, and State Street hold significant ownership stakes in many media companies. sop Apr 29 #17

Worse: hasn't Blackrock been involved in scooping up huge numbers of homes for sale, taking them off wiggs Apr 29 #19

Yes, and they aren't the only ones. It is a major reason louis-t Apr 30 #35

Agree. Terrible, terrible trend. Most of the US will be renters eventually. Except the top 10%. nt wiggs Apr 30 #53

Big Lots filed bankruptcy too. Emile Apr 29 #20

powerful Demovictory9 Apr 29 #21

A Nit To Pick ProfessorGAC Apr 29 #23

This is a rather depressing post. WestMichRad Apr 29 #24

If my retirement account is funding this... dickthegrouch Apr 29 #28

The Mitt Romney playbook. Vulture Capitalism. Scalded Nun Apr 30 #30

As a Professional Seamstress, I am saddened by the closing of JoAnn Fabrics. ProudMNDemocrat Apr 30 #31

Joann's has been in trouble for years, decades, even. Poor management, stores kept half-empty, employees of the devil... mucholderthandirt Apr 30 #32

The home sewing industry DENVERPOPS Apr 30 #42

Link without FB? Starbeach Apr 30 #33

marygeddry.substack.com AStern Apr 30 #43

Joanns should have done store renovations JI7 Apr 30 #48

Its a problem when they can make money quakerboy Apr 30 #50