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Cake day: July 9th, 2023

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  • For the most part, they’re not specifically supporting the Israeli government. They have endowment funds, which they invest in mutual funds and other such financial instruments, like everyone else. Those mutual funds, in turn, invest money in a huge array of different stocks, bonds, etc, generally with the goal of producing a decent return with a minimum amount of risk. Buried somewhere in that pile of investments are things like Israeli government bonds, shares in defense contractors, etc, because political priorities are not usually a factor in how mutual funds decide where to put their money.








  • So, let’s put aside for a moment the rather shocking number of people casually advocating for murder in this thread.

    I want to talk instead about how everyone here is just talking for granted the notion that removing the billionaires, Republican politicians, or whatever “they” you care to think of, would be a solution, or even a positive step, for modern social ills.

    There’s a big undercurrent in almost any political discussion online, this implication that every one of the world’s problems actually has a super simple solution, that The Powerful could just snap their fingers and make it happen if they wanted to, and it’s only because of their greed etc that we have any problems that all. Obviously we live in a time of huge inequity and we’d be a lot better off if we found a good way to improve it.

    But many (most?) of our biggest problems are inherent to the challenge of keeping 8 billion people alive and happy in a hostile universe, and in fact nobody has ever had a perfect solution. Throwing the entire planet into chaos by causally throwing away human beings’ rights and leaving an enormous portion of the world’s capital in uncertain hands, ready to be seized by some other set of psychopathic opportunists who happen to be in a position to do so, certainly ain’t it.