Precious Metals Silver Gold Stock Market Industry Sector Wall Street Buildings 3d IllustrationgettyThe problem with socialism is that you eventually run out of other people’s money. ~Margaret ThatcherFor more than a century, New York City has stood as the beating heart of global capitalism. That’s why this month’s election of Zohran Mamdani, a self-described Democratic Socialist, as the city’s next mayor has sent shockwaves through America’s business and investing community.Mamdani, 34, will be the youngest ...

the election of Zoron uh Mamani as New York City's next mayor raising some concerns that wealthy New Yorkers will leave the city. Joining us now is Don Peebles. Uh the Peebles Corporation uh CEO and chairman. Don, it's been a while. >> Hey, how you doing? How are you? >> I'm good. Uh the gray hair is not just from Mani, I don't think, uh is it? And and the drift of the Democratic Party that was there that's that's been coming in for a while. That's been coming in for a while. It's been a gradual process as ...

America’s conservative Catholics had hoped for a pope who would keep quiet about migrants and capitalism, and lure back wealthy right-wing donors. Instead, Pope Leo has deplored America’s “inhuman” deportation policies https://t.co/cmZpfQr3rZ ...

The leftist failure mode is to repeat a slogan like “mostly peaceful protests”, even when it doesn’t reflect observable reality. If they read it, it’s real to them.The rightist failure mode is to repost some video that “goes hard”, even when it doesn’t reflect observable reality. If they see it, it’s real to them.The capitalist has to deal with the world of hard numbers. The verbal and the visual are important, but ultimately secondary to the numerical. ...

Socialists are verbal.Nationalists are visual.Capitalists are numerical. ...

ok fine ill concede that the scientific revolution probably is number onebut capitalism is easily #2 ...

I understand this argument, but the counterargument is simply scale.Empirically, multi-ethnic ideological empires like Rome, the British Empire, Napoleon’s France, the Soviet Union, and the US defeated smaller monoethnic nation states.They defeated them militarily, culturally, economically, and ideologically. And then integrated them. Thereby setting the laws, including the laws of the marketplace.Of course, in each case, rapid imperial expansion may well have laid the seeds of future collapse. But the smal ...

If the far left’s failure mode is not understanding self-interest, the far right’s failure mode is not understanding other-interest.That is to say: we know the far left doesn’t viscerally get the idea of capitalism, of building products, of sometimes just not having the money to do something. The far left fantasy is of total independence from needing to work at all. They don’t understand economic scarcity.But the far right similarly doesn’t get the idea of diplomacy, of building coalitions, of sometimes jus ...

the greatest city on earth and the spiritual capital of freedom, liberty and capitalism in the land of the free just elected a socialist and you're bullish?it is overNYC is the new TorontoChina has wonthe only way to fight backis to short BNB ...

Oh, the irony of so many wealthy elites who benefitted from the capitalist system suddenly promoting socialist ideas as the solution for everyone else.Pulling the ladder up behind you has never created a better outcome for others. ...