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What's wrong with capitalism, Boris?


AWW

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Did you see priti patels credit card spending 

26 February: £3,952.76, Pollyana Restaurant

6 March: £2,022.64, Neptun Qtu Tirane
This appears to be an electronics store in Albania

2 April: £864, Hair There and Everywhere
This appears to be a hairdressing salon

23 December: £669, Rachael’s Kitchen Limited
Rachael’s Cupcakes brand

24 January: £2,000, Claudia Lamb Independent
Claudia Lamb is a diet consultant

 

https://bylinetimes.com/2021/03/24/home-office-fails-to-explain-strange-expenses/

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On 24/03/2021 at 09:34, AWW said:

...except that we don't really have it in the UK anymore.

Note that this is:

a) Considered newsworthy by the BBC

b) Something that Boris felt should be retracted immediately.

I look forward to tomorrow's headline: "Entirety of western civilisation is thanks to capitalism".

630CBF36-E68E-4197-A16C-46BBDE2F2624.jpeg

I find the comment on 'greed' totally shit 1987 Gordo Gecko wank.

Might as well carry a filofax and an 5kg mobile.

The more pertinent, important issue, which Bozo and his critics miss is that the the virus was fixed by private orgs, who are much more able to organise and deliver.

The public sector and the highly regulated sector (EU), despite employing more people, spending more money, have been a total fuckup.

This is the issue.

The private sector is constantly adapting, and improving, trying new stuff, throwing away old stuff that is less efficient.

On a year by year, the progress is is sall sub 1%-2%

Over time, those improvement add up.

Compared to the public sector, where computers might as well have not been invented.

 

 

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On 26/03/2021 at 11:03, kibuc said:

Looks like capitalism is the new C-word, same as "fat" is the new F-word. No need to worry, pendulum always swings back eventually.

I dont think its even capitalism any more.

Despite all the daft lefty Marxists banging on about capitalism, outside of big plant, theres not a huge amount of capital involved.

Its really down to how people/organisation deploy logistics and planning/risk management.

You can call it sacking the useless, employing the competent.

 

 

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1 hour ago, spygirl said:

You can call it sacking the useless, employing the competent.

But that would be unfair to the undeserving useless.

Not their fault that they didn't pay any attention in school and can't be arsed to teach themselves anything now that they're adults.

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13 hours ago, spygirl said:

I find the comment on 'greed' totally shit 1987 Gordo Gecko wank.

Might as well carry a filofax and an 5kg mobile.

The more pertinent, important issue, which Bozo and his critics miss is that the the virus was fixed by private orgs, who are much more able to organise and deliver.

The public sector and the highly regulated sector (EU), despite employing more people, spending more money, have been a total fuckup.

This is the issue.

The private sector is constantly adapting, and improving, trying new stuff, throwing away old stuff that is less efficient.

On a year by year, the progress is is sall sub 1%-2%

 

Not really true.. 

In this world of winner takes all big pharma refuse to invest in anything not profitable.. 

Like new antibiotics.. 

Cancer cures. Many things.. in recent years it all been about jacking up the price of existing drugs.. like the diabetic insulin that cost 60p to make but big pharma are charging $100s.. Most of the investment is from the government through our taxes and charities..  

Thats why we have the most charities in the world.. 

Private sectors failure to invest and just take money . Why Boeing invent planes that can't fly.. then have to decelope a computer to fix the problem..  

Its all profit taking with no investment.. 

China invest.. 

Our corperations just take.. 

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9 minutes ago, macca said:

Not really true.. 

In this world of winner takes all big pharma refuse to invest in anything not profitable.. 

Like new antibiotics.. 

Cancer cures. Many things.. in recent years it all been about jacking up the price of existing drugs.. like the diabetic insulin that cost 60p to make but big pharma are charging $100s.. Most of the investment is from the government through our taxes and charities..  

Thats why we have the most charities in the world.. 

Private sectors failure to invest and just take money . Why Boeing invent planes that can't fly.. then have to decelope a computer to fix the problem..  

Its all profit taking with no investment.. 

China invest.. 

Our corperations just take.. 

Theres a world beyond big pharma.

The Indian generics crank out previous expensive compounds for pennies.

The us insulin price gouging is down to the prescribing DR bring in cahoots with pharma companies.

https://www.bbc.co.uk/news/world-us-canada-47491964

Several diabetics I spoke to say they have been forced to switch insulins by their insurance plans - even against the recommendation of their physicians - if they wanted to avoid paying the list price for their preferred brand.

It's big pharma *and* the medical professionals whove sewn it up.

The tweaks to insulin are not that great. 20yo formula stuff would be ok

 

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