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Joined 2 years ago
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Cake day: July 9th, 2023

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  • Remember that bit in Pretty Woman where they are in the big business meeting and you find out that the goal is to buy the company and sell it off piece by piece because the company is worth more on parts than as a whole? The good guy in the movie is the one that decides to use the ship yard to make ships instead. Make instead of destroy.

    Most people never pay attention to that part of the movie. But I did. That’s a private equity, aka hedge fund, aka corporate raiders company he owns. He makes money by buying a company and destroying it to squeeze as much money out of it as possible. Everyone loses and he gets richer.

    Private equity, where the profits don’t trickle down, and you can’t buy shares so the wealth concentrates even more while also making a profit from running a company into the ground and having it collapse in bankruptcy.

    People don’t realize the systemic risk this puts the world economy at when a sizable chunk of the world economy is held by people individuals who are only finding new ways to make the most money and have zero obligations society.



  • “This isn’t about a community no matter how much you’d prefer otherwise.”

    Except that it was/is about the community/movement/group collectively known as skeptics. Go back the the beginning of the conversation. I mentioned materials and the reply came back about how it was all transphobic misogynist stuff. Well there is nothing inherently transphobic or misogynist about the application of epistemology, logic and spotting logical fallacies so the complaint must have been about the people. Then the conversation explicitly mentioned people by name as representatives of the community. So no matter how much you try to say it wasn’t about the community it was.

    “This was a conversation in a public forum. The word “sceptic” has a generally understood meaning.”

    There are lots of “generally understood” groups that go by existing words that aren’t understood at all by the general population. To many people atheists are Satan worshipers, trans people are bathroom predators, and geologists are part of a massive cover-up about the truth of young earth creationism. But we know that these “generally understood” meanings are completely false. In a dictionary a word can have more than one meaning and context matters.