Capitalism

Is the Corona affecting your business…it will!

Corona Virus

Corporations big and small are after growth, year in year out and then something like this happens;

“Our best guess is that the economic disruption related to the coronavirus will cost the world economy over $280 billion in the first quarter of this year,” said Capital Economics. “That would mean that global GDP will not grow in quarter-on-quarter terms for the first time since 2009.”

Is it all worth it? You decide…

Michael de Groot

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Surveillance Capitalism, a definition;

An excerpt from the book ‘Surveillance Capitalism’ by Shoshana Zuboff

  1. A new economic order that claims human experience as free raw material for hidden commercial practices of extraction, prediction and sales;
  2. A parasitic economic logic in which the production of goods and services is subordinated to a new global architecture of behavioural modification;
  3. A rogue mutation of capitalism marked by concentrations of wealth, knowledge and power unprecedented in human history;
  4. The foundational framework of a surveillance economy;
  5. As significant a threat to human nature in the twenty-first century as industrial capitalism was to the natural world in the nineteenth and twentieth;
  6. The origin of a new instrumentarian power that asserts dominance over society and presents startling challenges to market democracy;
  7. A movement that aims to impose a new collective order based on total certainty;
  8. An expropriation of critical human rights that is best understood as a coup from above: an overthrow of the people’s sovereignty.

Michael de Groot

Greed

After watching ‘Saving Capitalism’ https://www.netflix.com/title/80127558 with Robert Reich, former US secretary of labor (1993–1997) https://en.wikipedia.org/wiki/Robert_Reich, I realised a number of things.

  1. The big US corporates are as corrupt as you can possibly imagine. They buy legislation through their donations to politicians. And it’s all been made legal by the way.
  2. We fund this. Yes you and me, we are the ones that are buying the produce made by these big global corporates and from their massive profits they buy favours (favors) from the US political system.
  3. Simple then, stop buying from them. I know, I know, we have to buy our fuel, our utilities, our food, (our healthcare in the case of the US) and our homes, but even then we also know we are paying over the odds, we are over-consuming all the time. Just start cutting back, REDUCE!
Michael de Groot

There’s no point protesting as nobody really ever wins via that route, the only voice they will hear is when you hit them where it hurts. Their profits, the bonuses, the big pay-packets and stop them from being able to buy those favours from Washington, London and maybe every major city in the world.

We actually have the biggest voice and we are not using it.

Happy protesting!

Michael de Groot