“The GoFundMe CEO hopes younger donors, who are often more values-driven, digitally native, and community-oriented, will push giving higher and faster.”
I can’t believe it. THIS is what he hopes for? He is not stating he hopes his country can get out of this mess? Or researching what his company can do? He’s just looking after his cut.
CNBC told me the economy is doing great. My neighbor is borrowing money from me. My friend is borrowing money from me. GoFundMe is becoming more for basic needs. Everything is becoming more expensive often for no reason. According to every metric BUT stonks, the economy is holding on by a thread.
There is a method for dealing with widespread inequality coinciding with generational wealth transfer, it’s called taxation. Tax transfers of wealth. It’s not complicated and doesn’t rely on the goodwill of ‘values-driven, digitally native, and community oriented’ young people.
We have a system designed to incentivize greed. Gross inequality is the result. Taxation is one viable method to deal with such a failure mode.
By most metrics we're in a recession as many of our state economies are crashing due to the psychotic tariff policy and economic decisions by the current admin. Some places are temporarily avoiding the fallout because the ramifications of breaking our ability to manufacture and import stuff is going to take months to fully hit and the rest of our economy is propped up by AI psychosis.
With the job market being the shittiest I've seen and more ladders being kicked out than ever I think this crash will end up being possibly one of the most violent ones. We might see a return to the early 1900s era of union vs corporate violence as corporations have gotten more brazen than ever to try and stop any sort of concerted effort by labor.
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[ 3.2 ms ] story [ 31.2 ms ] threadGoFundMe CEO: We Could Use A Few Fun Ones https://www.youtube.com/watch?v=tIsXEkR5OVs
We have a system designed to incentivize greed. Gross inequality is the result. Taxation is one viable method to deal with such a failure mode.
With the job market being the shittiest I've seen and more ladders being kicked out than ever I think this crash will end up being possibly one of the most violent ones. We might see a return to the early 1900s era of union vs corporate violence as corporations have gotten more brazen than ever to try and stop any sort of concerted effort by labor.