13,635 karma · joined November 4, 2011
Those banks, being private enterprise, are owned largely by the same class that owns everything else. If you own shares of the S&P 500 you own pieces of about ~two dozen banks. These are largely the banks that get treasury money which they then loan out at rates often fixed by the federal reserve in exchange for basically free money.
And the trick with that money is that the bank isn't lending philanthropically, its lending to make a profit. So using the current environment as an example you aren't getting favorable bailout loan conditions from Bank of America just because the treasury gave them a hundred billion dollars to doll out, major corporations that want to use that nigh-free money to buy back stock or buy out competition get it.
There are several branches on this tree of money flows but the economics of the last 50 years and particularly this depression from the botched COVID response only point towards the disconnect between the economy of the working poor and the economy of the owner class that gets to see the stock market hit all time record highs while the fed finally agrees to $600 stimulus checks when 50 million people are 6 months behind on rent.
And if you want to see this mechanism in action in simplest terms, the fed bought 3 trillion in securities and the stock market recovered at about 30% rates to hit all time highs again after crashing in March. That kind of recovery is unprecedented and unheard of, but because of direct constant cash flow out of the fed all the investment panic dried up because free capital was flooding investors coffers to keep buying back in with. The dozen richest men all collectively became upwards of 50% richer this year as a direct consequence. Inflation won't come close to those gains.
Though its worth adding that in a stateless system capital would concentrate and accumulate because ownership is an inherent advantage in every transaction. So its not like having a government makes inequality, inequality is inherent to capitalism and its up to your society how much it wants to mitigate that effect, if at all, or to just make it worse the way the US regularly does via its monetary policy.
A lot of people are making a lot of good stuff for free online and making pennies on it because in practice its not talent that is scarce, its eyeball access and virality. Your average webcomic artist today does not have the resources to exploit the psychology of target demographics the way Disney will for their next streaming show or the war chest to shove ads for it down throats until it reaches a critical self perpetuating mass of popularity.
That doesn't make the stuff they make less worthy of being enjoyed, though. They just can't spread the message by themselves.
I got the card eventually but now I cannot create an online account with it. I called Chase, got transferred 5 times, and then told I would need to go to a physical bank to verify my identity? to create an account. Absolutely not one of them had any clue what "a broken account exists associated with this card in your database, I can guarantee it, forward me to your technical support team" but thats all above a bank reps pay grade.
The nearest Chase bank is 1.5 hours away, by the way. Probably just going to cancel the card after cashing out the sign up bonus.
That should the extent of their legislative and electoral influence. As soon as corporations have any voice in government beyond that you are left with a facsimile of democracy where the amount of power and money you control directly correlates to your influence in the purported democratic institutions of your government.
A corporation involved in politics is exclusively behaving to the whims of its controlling interest which is almost always an investor class numbering between one and a hundred persons. Their interests are obviously and profoundly over-represented in the legislative agendas of practically every government on Earth and its due to the double edged sword of their personal wealth directly buying them political will and their ownership of business giving them a mouthpiece and apparatus to also influence politics through. Both are destructive to civilization, whose their influence has waxed and waned for half a millennia. Where their peaks often bore a prelude to catastrophic events in history.
People will preach all day that they won't make any personal sacrifices to try to avoid feeding literal cancers that are eating the software industry and are shocked when said all consuming voids take away their autonomy but they are so locked in to their ecosystems they are trapped.
These are for profit corporations, not your friends. Their bottom line dictates they maximally abuse copyright and their ability to sell and distribute proprietary software out of your control to maximum effect. Microsoft, Google, et al want you using devices you cannot control, because then they hold all the keys and can demand the greatest ransoms for you to do what you want. Its inevitable, and the persistent total arrogance and hubris on display in the tech hive mind in regards to any of these walled gardens is just... depressing.
Free software isn't going anywhere, especially with RISC-V now being an established failsafe if UEFI PC and ARM totally lock down, but it would just make the struggle a lot easier if the principle victims would stop martyring themselves for the corporate ecosystems they have no say, influence, or control over.
Krita is roughly 500k LOCs of code proper. The KDE ki18n library that is one of its primary dependencies which extends Qts internationalization faculties is... about 7k LOCs. Almost all of Kritas immediate dependencies are small shims except for Qt itself which is produced by an already profitable corporation. So qtbase is about 2.3M LOCs but the Qt Company has ~300 employees with most of them working on it.
Krita with its "killing it" manages to employ 4 people full time to work on development. That is on an install base of several millions of active users. The closest competitor to Krita is probably Paint Tool Sai, a proprietary Windows only program that is made by a for profit Japanese corporation as its largely only product that employs around ~10 people. Getting actual employment figures for Systemax Software Development is actually really hard...
Point is Krita is likely shuffling along with half the full time paid employees of its principal competitor while also likely having a larger installed and active userbase due to it being free software and cross platform. They aren't "killing it" at all, especially if you compare it to the elephant in the room at Adobe with a hundred man development team at least making insane amounts of revenue off licensing of Photoshop.
Its revenue is nothing close to hoist the weight of the entirety of the free software ecosystem upon when it doesn't itself come close to even competing in the field its doing a really good job competing it on a tiny development team.
Ultimately politicians on both sides walk a tightrope of how much they can sell out against how unpopular and unelectable they want to be. The races are always close almost everywhere as politicians optimize their corruption budget.
I could easily have seen the bidding wars on the first supply of 3000 series GPUs having people buying them for $1500+ easily with the 3070 selling for $1k at least.
10nm was / is a disaster failure and even if could somehow fenagle it into a usable state by next year will be trounced by tsmc 5nm zen 4. They need to cut their losses and leapfrog or they will stay technologically irrelevant going forward.
The more likely situation is that we need to A. get over our racism and xenophobia to use the population bombs going off in less developed countries to replace our populations that don't want to replace themselves and B. eventually start seeing human replacement as a societal cost that will need to be afforded in some way once the entire world is sufficiently developed to go below the natural replacement rate. At which point we get to set population targets and hold our numbers stable.
A is something that we should have been doing for 30 years now. B is going to be of concern next century after the population plateaus.
Like blowing up people living in mud huts in deserts going by US economic priorities. A regime largely in place to protect biased trade relations for cheap materials and goods from around the world and more importantly (to those orchestrating the regime) to the line the pockets of select defense contractors.
Investments in space represent, what, .1% of the US GDP? Astoundingly the single mother raising her kid in food scarcity in <insert dystopic cityscape here> actually probably really doesn't give a hoot about terraforming in 2500, but would really give a damn about having healthcare and avoiding societal collapse from climate catastrophe in her lifetime.
A lot of unreasonably rich people are unreasonably obsessed with space, but thats largely because they are sociopaths. Thats how they got rich in the first place, or were born to such extreme luxury they are psychologically impaired to be unable to relate to anyone outside their class meaningfully. So they go full scifi because they don't think the world we have with all its problems not so easily solved by throwing money at them (that isn't for their own immediate personal gain) is worth it.
It supports a lot of what the Windows version does, per application settings, frequency / temp / fan monitoring and curve adjustment, etc.
Not sure how in the world they plan on supplying both their new cpu and gpu series with a holiday season launch, though.
There is no reform because reforming or fixing it is antithetical to the current intent - nigh unlimited power for a fortune 500 companies mob of lawyers (or affiliate) to take down and sue with impunity.
The moneyed interests here have a trillion dollar industry on the line. The people just have... freedom? and sanity? to gain in return. And those are nebulous, unfocused interests. If the collective citizenry cannot unanimously push for police to not crush windpipes on the street anymore its never going to voice disdain for a thousand page book of artificial made up scarcity built up over hundreds of years.
The problem is that there is no coordination of the people to actually change the status quo. Too many people are still content with it. From both sides movements like BLM, Antifa, Occupy, the Tea Party, the alt-right, etc represent at most a tenth of the nation. And by-and-large the other 80% not participating in political activism at all largely either A. don't believe in the ability to organize a movement for change or B. don't want it at all.
This is not to say it would not be in the self interest of a vast supermajority of Americans to seek such change - for example, universal public healthcare would be a tremendous boon to like 4 in 5 people at least. Better elections, with election day being a public holiday, universal mail in voting, and any of the myriad alternatives to first past the post voting would all improve the conditions of like 95% of the country. The problem is that most people were taught and conditioned to be non-participatory and largely will not become so no matter what anyone else does or says . Even if things did get bad. Even if there were tangible impacts to their day to day experience. Conditioning is an extremely potent force and a combination of American corporate news, American public education, the cultures of swathes of the country raise their kids on, the material conditions you live through and your life experiences within them, etc all contribute to the apathy and attitude.
Thankfully the dial is moving in a positive direction, I think. Anyone under the age of 40 to greater and greater degrees was unable to grow up in an isolated microcosm of Americana that conditioned them into non-participation. The numbers still aren't great, but they are getting better, and unless we see systems collapse take us all offline it will hopefully keep improving moving forward, albeit centralized private social media has done a lot last decade to stymie progress.
Which is exactly why it will never happen - both major parties enjoy their power duopoly. The powerful always resist democracy because it takes their power and gives it to the people, be they monarchs, corporations, or political parties.
And that largely come down to the answer to the question: if you make a website, how can people find it? Whether its you advertising to them or them searching into you its all Google. And that's the problem because Google does exploit this discover ability monopoly hugely.