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Ask the railroad workers of BNSF about Buffet’s “integrity”. He’s responsible for them being rampantly abused. If you’re not familiar look up interviews with ac
by SilverElfin 1y ago
Ask the railroad workers of BNSF about Buffet’s “integrity”. He’s responsible for them being rampantly abused. If you’re not familiar look up interviews with actual workers. They are asked to work insane hours and with little scheduling, and are unpaid when they’re waiting around. The (local) monopolization of the rail industry and constant lobbying against regulations by Buffet’s minions have let this continue to this day.
Let’s not forget Buffet also funded BYD significantly and is responsible for their growth, which basically is undermining his own country and European industry as well. Ultimately it’ll be responsible for putting masses of auto industry workers out of a job. I don’t see integrity as much as just basic private equity style capitalism.
- bawolff 1y ago> Let’s not forget Buffet also funded BYD significantly and is responsible for their growth, What is this weird nationalism? Investing in a company from a foreign country does not make you a bad (or good) person. There is no moral duty to make your own country the most economically powerful one.
- glitchc 1y ago> There is no moral duty to make your own country the most economically powerful one. No? Then why do we ask people to give their lives to make it a safe one?
- pests 1y agoSafe isn't the same as economically powerful. Look at Bhutan with their Gross National Happiness as an alternative.
- skinnymuch 1y agoAre you in America? No one in the Us military is giving up lives to keep citizens safe. For other countries, it’s because the nation state is the current agreed upon divider for certain things like borders. To moralize nationalism is weird and anti-humanity.
- surajrmal 1y agoWhat are they giving up their lives for? American soldiers die in duty every year.
- pjc50 1y agoLike the arbitrary bombing of Venezuelans, this isn't to make Americans safer but to make other countries more dangerous.
- skeezyjefferson 1y agomedals. they all like a medal.
- BoredPositron 1y agoThat take says a lot about your perception of power.
- glitchc 1y agoCare to elaborate? In most developed countries, participation in the armed forces is a volunteer position and considered a form of employment. Even in countries with mandatory military service, the term is finite and the bulk of it is spent in training. As such, soldiers on the front line are typically active-duty veterans that are effectively employees. They can quit if they want to.
- rob74 1y agoI don't like Chinese companies that much either, but if you look at the current US administration's stance on electric cars (and related topics like renewables, battery storage etc.), investing in BYD was actually a smart move...
- SilverElfin 1y ago> Investing in a company from a foreign country does not make you a bad (or good) person. There is no moral duty to make your own country the most economically powerful one. Maybe you don’t agree, but I think there is a moral duty to not make the literal enemies of the free world into a superpower. Do you think the Chinese government believes in basic human rights like free speech? No. Buffet could have invested in many other countries. He chose China because he doesn’t have the moral compass he pretends to have.
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- 7thpower 1y agoThe BNSF people I’ve talked to have all told me about how much they’ve loved their jobs and what their jobs allowed them to do, including adopting children from Ukraine and get them out of a war zone. Maybe you should talk to more people. The people to blame for the predicament of the US auto industry are the.. US auto industry. Perhaps turning every vehicle into a luxury car and getting rid of affordable vehicles is not a good long term solution. BYD is a fantastic investment, they are not undermining us, we are undermining ourselves and we need to stop being victims.
- SilverElfin 1y ago> BYD is a fantastic investment, they are not undermining us My point is that Buffet spent his fortune earned in America, on undermining America and its allies. He has effectively given a strategic boost to the CCP and its past and future abuses. > including adopting children from Ukraine and get them out of a war zone. Maybe you should talk to more people. Is this AI?
- abenga 1y agoVery few billionaires earn their fortune just "in America". Buffet definitely didn't.I live outside the US and pay thousands of dollars a year to American companies for goods and services, as do many of my friends. The insular separationist view of the global economy is daft and short-sighted.
- 7thpower 1y ago> Is this AI? Is this the new ad hominem? Is your reply AI?
- trenning 1y agoThe people I know from BNSF will tell you that name stands for Better Not Start a Family. I’ve worked with and known former engineers who left, took lower paying jobs in other industries and not one has ever said I miss it there. Let’s not even get started on what that industry has evolved into with precision scheduled railroading and the dramatic increase in risk and real derailments that have followed.
- skinnymuch 1y agoNot all of us care about certain in-groups over others. Like caring about humanity as a whole. Nothing wrong with any one investing in BYD or similar tech (vs any other investing). If anything, investing in non-“imperial core” companies seems to be a good thing to balance out unequal exchange and the global north and global south divide.
- fruitworks 1y agoThat is interesting, because the chinese do care about in-groups
- SilverElfin 1y agoInvesting in BYD is propping up the CCP and their dystopian authoritarian regime. Your phrasing of “imperial core” is meaningless. But the CCP is literally authoritarian in its political system.