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Showing posts with label Capitalist Exploits. Show all posts
Showing posts with label Capitalist Exploits. Show all posts

Wednesday, November 18, 2020

Capitalist Exploits: Why You Won’t be Allowed to Participate in the Greatest Bull Market

 Link:

The good news is that Communism is coming and the shortages are going to be following close behind.

But really Chris… Communism?

Yes.

Remember, when capital is allocated based on its highest marginal return, individuals… you and I… will invest where there is legitimate value, where we believe our highest risk-adjusted returns will be.

On the other hand, when capital is allocated based on some other set of metrics, such as which company is the most “socially responsible”, this is simply a thinly and poorly masked form of communism.

“The key to understanding the appeal of communism, despite the grim reality on the ground, lay in the fact that it allowed so many followers to believe that they were participants in an historic process of transformation, contributing to something much bigger than themselves, or anything that had come before.”

― Frank Dikötter, The Tragedy of Liberation: A History of the Chinese Revolution 1945-1957

Friday, October 9, 2020

Capitalist Exploits: Investing For The Greenwash Bubble

Capitalist Exploits:

Greenwashing, in case you don’t know, is the “disinformation disseminated by an organization so as to present an environmentally responsible public image”.


This is taken from the time of the now infamous Volkswagen emissions cheating scandal. Since then, other large car companies have faced similar controversy — jumping on the green band wagon. It’s because these days, it pays to be “green” (for more information, see Elon Musk).

But here’s the thing that otherwise intelligent people seem to fail to comprehend: Greenwashing extends way beyond false advertising in consumer goods. It’s made its way into politics, investment products, journalism, and now mainstream opinion in “the West”.

Greenwashing is actually now the norm, which we’re now going to get into after I fire off an early warning trigger alert.