When you’ve failed-upward this long and this far… it’s too late to face the/any truth–and thereby hope you can turn things around–as in turn things toward a better outcome. Blah. Blah. Blah. Or… That’s what’s missing from the recent and brilliant realisation from a billionaire claiming to have the answer(s) for all the fail-upwardness of the world (right now). Indeed. Check out the article and vid below, dear worst-reader. The second link below contains progressive commentary that might also be worth hearing. But don’t let it cloud your (mis)judgement.
A billionaire investor–that may or may not be on the correct side of the financialisation $hitshow most of us are forced to live in–said recently on a cable newz show (i.e. The Media) that it’s ok for Airlines to fail (i.e. go bankrupt) because by doing so they are then renewed by those who are more responsible. Or something like that. Not only is the video making the rounds on the Interwebnets because its tone is not quit radical right-wing and/or bat$hit business crazy, some are claiming it’s a meek-shall-inherit-the-earth-moment. As though us meek don’t have enough to worry about in these virus-zombie days, eh dear worst-reader? I mean. It’s nothing new for generation after generation to heed the call of (their) upbringing which ends up being nothing but a repeat and/or regurgitation of the past, i.e., fail upward #Americant. Hence, there can be no claim that capitalism, at its core, has anything to do with creativity–but it may have a bit more in common with the amateurism of hobbies. By-the-buy. Creativity is but a means to a financial end for Capitalists. You know. As in. Teeth ain’t for eating but instead for selling toothpaste. Anywho.
For the answer to everything is most certainly investing, ain’t that right, dear worst-reader? Ain’t that the only way to do things if all that’s left in the $hitshow is financialisation? And that, in essence, is all the talking heads are talking about. Or? At least that’s all they’re talking about in this/that part of The Media, i.e. the business media. On the other worst-hand, and as usual, what is being said is nothing new. It’s just wrapped in a different cloak/coat. Didn’t Mitt Romney say the same thing in 2008? You know, about bailing out the entire $hitshow as it was failing then? Ok. Ok. The guy in the video I’m including here is a bit different than Mitt. At the least, this new guy ain’t a bat$hit republican religious nut job. Or is he? #Nomatter.
The thing to remember about financialisation people is this. Mitt Romney wouldn’t be a billionaire today if it weren’t for the generation after generation of hand-me-down smart-assery of fail-upward parentage. So let’s be clear in all our unclarity. Mitt wanted GM to go bankrupt in 2008 so that he could continue his vulture capitalism ways (of the 1980s and early 90s) and thereby sell-off the #Americant companies in order to circumvent labour. That’s how he became a billionaire without actually EVER creating anything. This new financialisation guy, on the other hand, is a kind of anti-Mitt. He thinks that letting corporations fail means that new corporatists can join the bandwagon of the $hitshow and improve on previous failures. Even though this situation can be painted by either side of the political spectrum, I’m not sure which one is worst. The only thing that is clear to me is that one has fewer sharper teeth than the other and perhaps doesn’t know how best to sell toothpaste to the teethless.
But what the hell do I know.
Rant on.
-T
Links:
– https://www.dailykos.com/stories/2020/4/10/1936168/-CEO-shocks-business-news-host-says-billionaires-and-bad-companies-deserve-to-get-wiped-out
– Video with progressive commentary
worstwriter 