Most criticism of capitalism focuses on environmentalism and wealth inequality. I thought I would share others. 1. It’s inherently contradictory. It’s predicated on the belief or assumption that competition is good and weeds out bad products and unscrupulous players, yet the most successful capitalists (or individuals who are held up as exemplars of capitalism) are… Continue reading Criticisms of capitalism
Month: July 2023
Blame food, not vegetable oils, for obesity
Saw this article by “exfatloss”: Seed Oils explain the 8 Mysteries of Obesity. The possible link between vegetable oils and obesity is well known: But I am pretty sure it is not seed oils. That is not to say seed oils can be ignored altogether, but far from the whole story. Such correlation is likely… Continue reading Blame food, not vegetable oils, for obesity
“n for n” for predictions for 2023
My accuracy is an astonishing “n for n” for predictions for 2023, meaning I got everything right. What is even more remarkable about this is that some of the predictions are at odds with each other, such as Bitcoin lagging the Nasdaq. Most people would assume that Bitcoin would outperform on the upside during a… Continue reading “n for n” for predictions for 2023
The barriers to work may be too high, so men are dropping out
I saw these two articles going viral, but I think they are related or causal: You’re Not Imagining It—Job Hunting Is Getting Worse Men are dropping out of the labor force because they’re upset about their social status, according to a new study The “men dropping out” epidemic is possibly related to society becoming too… Continue reading The barriers to work may be too high, so men are dropping out
IQ decline dysgenics (are IQs really falling?)
As an “IQ junkie”, anything about IQ is going to pique my interest. I saw this going viral: American IQ scores have rapidly dropped, proving the ‘Reverse Flynn effect’ . I don’t think it necessarily proves what it purports to claim. It’s possible: -The Fynn Effect never existed. The existence or lack thereof of the… Continue reading IQ decline dysgenics (are IQs really falling?)
The trinity: enshitification, tip inflation, and shrinkflation
Since around 2020, and getting worse with each passing year, has seen the so-called trinity of enshitification, tip-flation, and shrinkflation, that working in unison has gradually and insidiously eroded our purchasing power, our sanity, and the quality and quantity of goods we consume. It’s bad enough having 7% annual ‘official’ CPI inflation, but including other,… Continue reading The trinity: enshitification, tip inflation, and shrinkflation
Social Science as the New Puritanism
One thing that is annoying is how people who are otherwise objectively smart (such as in STEM fields) and disinclined to believe hype from ‘political media’ or the MSM, uncritically believe social scientists. It’s like, “that pundit on Fox News is wrong, but some social scientist or journalist is right.” No, they may both be… Continue reading Social Science as the New Puritanism
Bitcoin update: crash to commence–crypto has no future in society
Time for another update, Bitcoin has gone up a bit but still unable to get above 31k. Meanwhile, the stock market keeps going up. So I still make money being short even in a bull market, and then with my leveraged tech stock positions I still make money on the long side, too. The chart… Continue reading Bitcoin update: crash to commence–crypto has no future in society
‘We’ Hate Zuck Because He’s Better Than Us
Meta stock has finally crossed $300 again, as I said it would: META up 20% today, on top of huge gains over the past month, as I said would happen. It’s going back to $350 soon. TSLA up 30% over the past month, going back to $300. TUR is still falling, also as I said… Continue reading ‘We’ Hate Zuck Because He’s Better Than Us
High vs. low cost of living calculations (why things are not as bad as they seem)
High vs. low cost of living calculations fail to take into account the overlooked benefits of ‘high cost of living’ areas: 1. For a person living alone modestly, $200k even in the Bay Area is more than enough to put away a decent chunk of money for retirement. Just run the numbers, as I have… Continue reading High vs. low cost of living calculations (why things are not as bad as they seem)