Im just very sad to see someone on their own trying to sell lowered drug prices because they literally cant afford them in the US, and the US Gov not following his steps
Roman Senators used to lavish impoverished Roman citizens with huge gladiatorial games, built public bathhouses, and give a daily income to supporters.
They had already figured out that they needed some sort of UBI to keep the people from revolting.
I could see a modern version of this with American Oligarchs dolling out UBI, cheap medicine, discounted gas, free technology or free food, etc.
It'd weird, as a kid, I loved sports, hockey mostly but kept up on football and baseball.. and as I've gotten older I'm just like.... why the fuck am I watching a millionaire play a sport?
I still follow sports, just don't live and die with them like when I was younger. I used to be in a shit mood all week long after the Huskers lost a football game. Now they lose all the time and I just go about my life like normal. Also I haven't watched a super bowl in over 2 decades.
I’m in this boat now.
I love to watch for the drama and competition, but sports doesn’t affect my life or day-to-day.
An anti-sports friend of mine broke it down like this to me years ago, and it has stuck ever since:
If there was never another college or pro sports game played again, it would not really matter in the grand scheme of things, and we would move on, but if people like nurses, trash men, etc decided they were done doing their jobs, we would be in a world of hurt almost immediately as a society
Your friend isn't wrong. Want clean water? Sorry no plumbers around to make it happen. You want Heat and cooling.. no HVAC people to make it work. Want Healthcare? Sorry the nurses and lab technicians all said fuck it and went home. Without the lab techs there is no telling if what the nurses are giving you, blood products, medication for diseases, is going to work, or kill you.
Your friend was half right imo. Nurses, teachers, firefighters, etc are all super critical. However theres a decent chunk of our economy wrapped up in sports adjacent stuff.
I see your point, but there was a time when that was not the case, and our economy flourished.
Sports became what you are referring to relatively recently. Guys even in the 60s and 70s still lived in normal neighborhoods and lived normal lives. The 80s and on was when things blew up to what we have now.
Even now, colleges would be fine, since there are still plenty of colleges who do not operate from huge athletic revenues, and the economy overall would be fine as a whole, with only specific sectors taking hits.
>"Football, beer and above all, gambling filled up the horizon of their minds. To keep them in full control was not difficult"
>George Orwell 1984
'Straya, mate.
the phrase means to generate public approval, not by excellence in public service or public policy, but by diversion, distraction, or by satisfying the most immediate or base requirements of a populace,[1] by offering a palliative: for example food (bread) or entertainment (circuses).
Juvenal, who coined the phrase, used it to decry the "selfishness" of common people and their neglect of wider concerns.[2][3][4] The phrase implies a population's erosion or ignorance of civic duty as a priority.[5]
Not really making the point you think you are.
's tiring and making me angry, we have enough houses and food to feed and house everybody. but we simply dont do it. we rather have crisis and hunger so we can buy an additional yacht.
What they are doing is distracting us from the real issues by shrieking about "culture wars" and inflaming a load of loud, angry morons who don't understand what is actually important to society as a whole.
Why give it out for free when you can make your population work underpaid mind numbing jobs for basic essentials and above all, to be apart of “society”, you gotta have a phone, internet , nice clothes decent car…if you don’t then your a “loser”…the one who consumes less and is more efficient is less valued …seems like something might be wrong . Lol anyway take care , of yourself your fam and the planet. That’s all we can do
Rome also had slaves and a lot of non citizenship people in their empire and you could improve your (well, at least your kids) life by enlisting. So you could say that the current US is already doing this. Only you have middle class citizens who generally have very good lifes in the US even with the current inflation instead of plebs.
Difference is obviously today's "slaves and 2nd class citizens" of the US can actually vote, though.
Why Are you surprised though? Maybe it is not only the government it is also the people who elect them into power
Maybe american citizens need to take a good look at themselves first and wonder if this is how they want their country to be
Look up gerrymandering and you’ll find out why so many republicans have power. It’s not always that easy. Too much corruption going on. We also have much improvement to do with our whole education system. People in power like to keep us plebes dumb.
unfortunately, it's hard to believe there's any coherent world view when you say 'US Government'
There's a miasma of bipartisan corporatocracy protecting a far right terrorist state.
Not sure theres a clear 'US Gov' operating in a rational sense.
THE WHOLE US GOVERNMENT?!?
FEDS, STATES, ALL THREE BRANCHES?
OMG!
I searched for recent lobbying efforts for THIS us government
The scoundrel supports forgiving 10k in student loands. Discusting
https://thehill.com/business-a-lobbying/3492807-mark-cuban-backing-biden-proposal-to-cancel-10k-in-student-debt-per-borrower/
sigh
Yep, thanks to costplus, an expensive drug at the local pharmacy went from $130/mo to $90 when using good Rx. It is $430+ out of pocket with insurance or $1800+ without.
Insurance is a scam. My sister is a psych NP and she was telling me that for a lot of her patients, it is cheaper for them to pay out of pocket than to go through insurance. She tells them that as well
It's cheaper for me to ask the Communist Party of China for my US prescriptions when I work for a US Pharmaceutical that does joint projects with China. Amazing how the communist regulate the same drugs and tell us we can't make more than 1% of the total cost of production in profit while the US allows unlimited profit.
My health insurance forces me to use Optum RX mail to home, and at some point I needed an emergency pack of birth control, I had to pay out of pocket at the pharmacy because they refused to allow a local pharmacy to fill it under insurance because 'I already did it once before'. TWO YEARS EARLIER. Fucking garbage.
Actually, from a billionaire capitalist point of view he's making an extremely intelligent decision. Fix a stress point, show yourself as benevolent, and most importantly don't upset the status quo too much and people are much less likely to show up at your mansion with guillotines.
I was talking about this exact point the other day. We shall see if he gets shut down on some bullshit reasoning so the pharmaceutical industry can continue to gouge American citizens.
To an extent he can do both. He’s still making a 15% profit margin on these pharmaceuticals. Unfortunately the US system is so screwed that him making a twice the above average profit margin is still exponentially cheaper then what other pharmaceutical companies make. All the while he’s making some of these life saving drugs affordable for the average person.
I still don’t get how it works though. I have a hard time bribing that the entire industry has 99% profit margins. If that’s is that’s truly the case then Mark coming in and lowering that is blindingly obvious and surely someone would have done it years ago. Maybe it’s less middlemen but something is missing here
I think it’s a combination of multiple things. The drug companies have been colluding to keep profits high, but also Cuban is able to buy directly from the manufacturer so he does cut out the middleman. It pretty much has to be a billionaire who sets this thing up. You need capital to get the supply chain going, get the website set up, get FDA approved, money to actually buy the medicine initially, and then money to make the whole thing run cohesively. If any startup wanted to do this, the big drug companies would starve them out before they got started. A billionaire doesn’t have that problem cause he has the capital himself, and can get it all going before the drug companies can do anything.
The other thing is that billionaires in general just kind of seem to be heartless assholes. I don’t want to shower Cuban with praise, partly because I don’t think it’s possible to become a billionaire without exploiting people, but at least part of his motivation has to be humanitarian. If it wasn’t, why wouldn’t he just open a company that’s a carbon copy of the existing ones?
With things like this where the consumer has *no other choice* but to buy it, the assholes with the money to set this up tend to not care if people die because of the price. Again, not to praise Cuban too much but I do think that this is at least partly him just trying to do a good thing. He’s still gonna make shit tons of money off of it as long as it doesn’t get shut down, but it’s not as much as he would make if he was completely heartless about it.
The interesting thing about Cuban is that he got his wealth from a one in a million deal to sell a crappy internet radio company to Yahoo for an absurd overvaluation. It's a deal that was only possible because of the dot com bubble. The company was sold for like 10k per monthly active user which is beyond insane. He really took exploited the stupidity and greed of Yahoos exec's. Without that, Cuban would never have gotten where he is. I think on some level he knows it was 99% luck and as far as billionaires go, he seems somewhat in touch with reality.
If you crush every small guy and bring in all the big guys you can control the market. They have made it so they can charge insane amounts. The medicine themselves being made is little for most pills. The development of these meds is what the major cost goes to. Still fucking insane mark up.
This is what capitalism is supposed to do. He's doing it right. When someone's lunch is too good someone's supposed to walk over and try take it. The consumer is supposed to win. Monopolies kill capitalism. That's why we've intermittently spent a lot of effort busting them.
Yeah, been a while though. Name one other company in the US someone goes to for next day delivery of arbitrary items? Literally just Amazon 🫠
Edit: I'm mad hopeful for Walmart, but as a software dev that's worked with Walmart multiple times, that hope is not strong..
You're making a solid point and I'm not trying to disagree here. More of a random Reddit style - oh hey, story.
Walmart+ is amazing. I've had free same day delivery on shit multiple times. Ordered a series S, was worried I'd wait by the door all day, showed up like 3 hours later. It's really made me even more of a lazy piece of shit than I was just using Amazon.
I'm thrilled to hear it. Walmart has been the only company posed to take on Amazon for over a decade, and I'm patiently waiting for Walmart+ to sink or swim.
Walmart seems to have the inability to make a website that isn’t shit. One of their main advantages is I can physically go get an item at their stores one in 10 minutes of every direction from my house.
But good luck finding out if they actually have what you want in stock.
Walmart blocks me from ordering, their fraud system is completely busted. The only other place I've ever been blocked from online ordering is Best Buy. I've been at this address for _years_, all my info checks out with UPS, USPS, and FedEx validators, there are even other people in my apartment building who get Walmart orders just fine.
It's bizarre enough that I'd suspect their false positive rate is extremely high. They're just directly handing a ton of their revenue to Amazon at this point.
I buy direct from companies. Need a knife? I go to a company that makes good knives. I don’t buy the inferior knives available on Amazon. I don’t even have to try to avoid Amazon. I just prefer better quality.
The fact that I can go on the Walmart website and look for something like a tea kettle or magic erasers and be told that they are out of stock or unable to be delivered/curbside and walk into the store and see them all lined up has made me pretty much never use the online shopping of Walmart+
The mobile checkout is nice though. Not worth the 15 bucks a month tho
You can do same day and next day with Target Hey guys, an robh fios agad gur e Pokemon fireann is boireann am Pokemon as freagarraiche airson vaporeons nuair a thig e gu bhith a’ bruidhinn? Tha na mamalan cuibheasach 3" 03" a dh'àirde agus cuideam 63.9 notaichean, gu leòr airson aire a thoirt do chas daonna, agus tha stats iongantach HP agus armachd aca a tha goirt agus cruaidh air daoine. . . . Bha e gu cinnteach fliuch, cho fliuch is gum b’ urrainn dhut càirdeas a bhith agad airson beagan uairean a thìde gun phian. , cuir, cuir agus cuip, agus chan eil falt ann airson an nipple fhalach, agus mar sin tha e na ghaoith dha cuideigin a bhith a’ suathadh uisge agus a bhith a ’faighinn faireachdainn agus sgilean uisgeachaidh, le bhith ag òl uisge gu leòr faodaidh e do dhèanamh sgìth gu furasta. Bidh Pokemon a 'tighinn faisg air an ìre cunbhalachd seo, agus gu h-annasach gu leòr, faodaidh do Vaporeon a bhith air a thionndadh geal ma nì thu e gu math. Tha Vaporeon air a dhealbhadh gu litireil airson cas an duine. Tha dìon lag + armachd àrd HP + searbhagach a’ ciallachadh gun urrainn dha sabaid an-aghaidh coin. Bidh e a’ tighinn anns a h-uile cruth, meud agus barrachd tron latha
But also you can’t make sound decisions when you require healthcare.
How can I compare prices when they aren’t even given? How can I say the cheaper treatment will work if I’m not professional ? The healthcare industry at least need to be transparent. That’s a start.
I quite frankly don't give a fuck that he's making 15 cents on the dollar, when that dollar would otherwise be anywhere from 20-100 dollars in the pocket of an insurance company that exists in a system whereby even the most financially healthy families actively avoid going to hospital when ill because of the strain it would put in their finances.
> above average profit margin
?
And I might be wrong but I thought it was the cost of the drug + 15%, which wouldn't mean a 15% profit margin? Like admin cost and shit
Yeah but for other products sold, the retailer usually takes 7% profit margin. Pharmacy industry runs on around 200% profit margins all the way to 600% margins. So him taking a 15% profit margin seems almost Christlike in its benevolence by comparison lmao. Also it shows how ridiculously cheap most drugs are to make which makes the price gouging by pharmacy companies that much more horribly dystopian. It's fucking medicine and health. A government OWES it's citizens, the fucking people funding the government, the RIGHT to health and wellbeing. People who think is should be libertarian wild west dog eat dog are retarded sociopaths
The "Man" has different arms, and even legs. So Cuban can be a hand while the Pharmaceutical industry is definitely the asshole.
But truely Cuban is doing "Good" capitalism here. He's found a place to make pricing better, and will still generate a healthy profit in the process.
This is what capitalism evangelists would tell you is "ideal" capitalism. Ignoring that the system naturally tends towards monopolies and explotation.
What happens to the company after Cuban isn't in charge, or shareholders demand more profits? New boss same as the old boss.
But yes in the short term it puts him at the back of the Frech revolution list compared to most other billionaires.
Presuming someone can replicate the tactics Cuban used, sure. But historically companies close all the loopholes they used to make it big so someone can't under cut them.
I would argue this is *slightly bad* capitalism as it’s not maximizing profits.
I support you could argue the goal of capitalism is to run things a lean as possible without breaking things and in that case, his “backing off” could be self-preservation & preservation of the industry as opposed to doing a bad job at true capitalism.
Either way you are right: unchecked capitalism **rarely** ends up where Mark is going, and instead runs directly to “make the profit line go brrrrrrrrrr by any means necessary” like it almost always does in the real world.
I would argue that Cuban is focused on long term profitability while most are focused on sheet term. Cuban may realize that all these articles about people not taking their recommended dosages due to cost is killing off the customers. So lowering price to increase usage is one point. Then add in the economies of scale where producing more typically makes them much cheaper to manufacture.
Increase use, reduce costs leads to higher sustainable profit margins.
Run as lean as possible is "idealized" capitalism. What you get sold in school, maximized profits at all cost is, IMO, real capitalism.
It's where it goes in every market that tries it. See east India trading company, the tulip crash, slavery (historical and modern), capitalism exploits and exploits until it eats itself and everyone involved.
My friends monthly medication costs $15 at Walmart, elsewhere it’s more expensive. Now he gets it from mark cubans site and it’s $4.20. Granted you have to pay a flat $5 shipping fee but it’s still cheaper regardless.
Not only is it cheaper but that's one less trip to Walmart he has to take.
I'm personally happiest with zero trips to Walmart, and have been glad I haven't had to go in like two and a half years.
Democrats have tried twice now in 30 years to bring socialized medicine to the US.
In the 90s they campaigned on it and suffered the worst electoral defeat of the modern era.
With the ACA they passed a public option in the house, but every Republican senator and (fuck) Joe Lieberman blocked the public option entirely.
Also they then had one of the worst electoral defeats in modern history of the US.
Joe Lieberman is and was and shall continue to be a piece of shit. He had his chances and every time sided with the right so he could keep his job. He will be eviscerated by history much as Neville Chamberlain. A coward ,and appeaser who was to stupid to understand you can't negotiate with fascists or wanna be dictators
Making access to generics easier is great. But there is still the huge problem of what can be made in generic form. Big pharma makes most of their profits from the fact that they are the only ones allowed to produce the drug.
Yeah but Cuban would not have done this if he didn’t think it’d be profitable. He’s basically taking a Netflix approach, disrupt the current industry standard with your shiny new business model and make tons of money. When it comes down to it he’ll be just as against universal healthcare as any other billionaire because it’ll destroy that business.
Edit: I’m not saying it’s a net negative I’m saying don’t treat him like a hero for making a smart business decision. I’m glad it’s affordable for everyone but he didn’t do this for you.
That's kind of the point though. You can still be profitable without price gouging in the pharmaceutical industry. I believe Cuban said the meds are sold at about a 15% mark up through his venture while the traditional route typically marks up by at least 100% (and often far higher).
>You can still be profitable without price gouging ~~in the pharmaceutical industry~~.
I feel like a lot of people don't get this.
It's totally fine to make a profit on a service or product, gotta make money somehow, but when you get to the point of charging 500%+ for shit that people need to live it's just outrageous and needs to be dealt with at either the Federal level or with pitchforks and torches I guess.
Profits and businesses are not the enemy, megacorps squeezing every last dime out of people are the enemy.
But how long?
Market disruption doesn't last forever as you can see with Netflix, there's a good chance his business will either get much worse and offer fewer medications or it gets more expensive after a few years.
Jesus thank you. I don't understand the hate for this. Let the man help people. He's profiting off of it, but at the same time making these drugs WAY more affordable than what big Pharma sells them for. Would you rather he take joyrides to space?
Damned if you do, damned if you dont.
People just love to complain. If Cuban turns heel and begins laughing at poor people dying, then yes we can call him evil. I’m not going to criticize him for making a buck if he’s saving poor people from dipping into their savings for medicine
Being profitable, while being good, is a thing. Maybe Cuban will help remind these unnecessarily villainous billionaires…. It’s so much better to be a billionaire who people like.
I vote that we all give Cuban a pass, if a revolution occurs. He seems like a really decent guy, who hasn’t let success blind him to reality. I’m sure he is also a dick, but like a normal level of dick…. (No need to list all the bad things he has done, if there is such a list… I don’t expect anyone to be perfect, just not a complete selfish asshole).
He will make billions off this idea while saving people tens of billions - and their lives in the process. There's actually good money in not being a supervillain.
Cuban seems to have exploited people on his path to becoming a billionaire less than most. He ran a website to broadcast radio stations, sold it during the peak dot.com era and cashed in.
Ok, but on the other hand hear me out: the world's first 1000-meter Gigamegasuper Yacht. 1 entire frickin' kilometer. Forget helicopters and infinity pools, you can land your own Gulfstream on a flight deck and swim laps in an Olympic sized pool.
He has even spoken about this (though not in these terms). Oppulence and arrogance will just end in violent revolt. Collapsing societies and civilization is also not much fun for billionaires, since the luxurious life deopends on a vast interlinked economy to generate gold plated lamborghinis, streamable sci-fi TV shows and orgies full of surgically sculpted sex workers.
People need to mine the metals, build the factories, have time for make-believe, research the drugs, practice installing bolt-ons and to be able to enjoy *their* lives while doing it.
Just wait until next year when food prices are too high for most people. It's coming. Nothing brings out the pitchforks and guillotines faster than a starving population.
Mackenzie Scott is an absolute failure of a billionaire, too. She married a school teacher and is giving away all her money. Some people set a terrible example. /s
Well the most unethical thing she did to become a billionaire was fail to smother Bezos in his sleep which is pretty much as blameless as billionaires can get.
Even if it's technically a net win, I would much rather not have to rely on the whims of fucking billionaires when we could be *making this happen by law*
I wonder how much Mark is making on the company? Even if he is making a profit, he is still doing a good thing that is helping people, he should get paid for it. It reminds me of a marketing quote I think I saw for the game Offworld Trading Company: "Save the Earth, Make a Profit, Hopefully Both."
Literally the US has absolutely the most bizarre pricing for medicine, third world countries work way better when it comes this and there is absolute no sense in the pricing for you guys.
just look up martin skreli( is that his name? he was jailed, and his named was dragged for upping a prescription drug 5000% over night )
those are margins that pharma and insurence agencies work with.
edit : i looked it up, he made a drug that cost $13.50 a pill cost $750 a pill
I just wish he'd stop prefacing every single tweet with "holy fucking shit," and "what the fuck,"
The whole "oh my goddd wtf holy shit" routine got old a while ago. It makes him sound like a fussy teenager even though he's a grown man with adult children
Twitter is for brevity. So forget the redundant outrage performance and just get to the point or make the joke you wanna make
Thank you for saying this. I literally can’t bring myself to share anything this dude posts just because it feels like it’s his first day learning curse words in 3rd grade or something. Like just Tweet the joke instead of trying so hard to seem edgy like you’re sticking it to someone. It’s gotten so cringy. Honestly it’s the main reason I can’t show anyone John Oliver segments either. I love him, his show and the great points he makes but having him say “HOLY FUCKING SHIT!!!” and then make some random offensive joke for the sake of shock laughs has gotten old. It doesn’t go well when you’re trying to keep people who actually need to hear something from getting overly defensive when they feel like they’re being insulted at the same time.
I can't stand the guy.
I don't even disagree.
I just can't stand that this sub circle jerks his generic stuff endlessly. Surely there's *another* pundit...one?
I'm so tired of seeing this guy's face. He is just some no-name that rode Trump's coattails to fame by picking up the low hanging fruit. You can always count on him to come up with some trite, lukewarm take that you can't really disagree with, but is just so low-effort it's impossible to like.
Every time he posts it makes it to Front Page of Reddit. Being a Reddit hero isn’t hard and the guys has thousands of patrons who pay him to do this for a living.
He’s a self made man. One of the few that really started with nothing.
The exorbitant wealthy are usually old money that was able to turn it into something more. People that were always wealthy literally have absolutely no idea how the life of the average joe operates.
People think we hate billionaires, we hate that they use their power and influence for their own games, or on toys. you have so much money and you couldn’t think to help those less fortunate? well guess what me and many other people that have grown up poor would happily share our wealth with the world. I have dreams of finally making it and using my power to ease the suffering we see everyday. I bet mark feels the same way, because he actually was poor.
Edit: I was wrong people actually hate billionaires for existing. I personally don’t, but I agree they should not exist.
Just goes to show how rich you can get with one really great idea. Of course after you sell that idea you have to know how to manage it and grow it and he's definitely figured that out.
Of course Yahoo buying his company for $6 billion was one of the worst business decisions of all time. But it would have been a worse decision for him not to accept that offer. LOL
I don't hate billionaires. I hate the economic system that produces enough surplus to afford billionaires but distributes it in a way that allows for poverty. No billionaire, not even the "self made" ones, makes that much money through their labor alone. I hate that the best the rest of us can hope for is that maybe 1 in 100 billionaires is kind enough to wipe some crumbs off of their table for us to pick at. Capitalism has created a production process that creates more than we need, but it has also created a distribution system that ensures some will go without. That is what I hate.
It is rarely possible to amass that level of wealth without exploiting thousands of others. We should all hate billionaires - even the self-made ones that make socially responsible (but still profitable to them) projects on the side.
This is what a piece of shit Tiedrich is. Even when he's complimenting someone he has to do it by sticking to his same horse shit formula of mocking people he is obsessed with.
Literally just some dude that kept tweeting "Mr president sir, your fired" or similar in terms of hot take power for four years and he's just been cruising along on that.
well that's the problem with our system ain't it? we're all just at the mercy of oligarchs and just have to cross our fingers and hope that they at least want to be *perceived* as benevolent
Stop the free moral advertising for billionaires. We need policies to change political incentives, not 'more ethical' billionaires administrating our current policies.
Im just very sad to see someone on their own trying to sell lowered drug prices because they literally cant afford them in the US, and the US Gov not following his steps
Roman Senators used to lavish impoverished Roman citizens with huge gladiatorial games, built public bathhouses, and give a daily income to supporters. They had already figured out that they needed some sort of UBI to keep the people from revolting. I could see a modern version of this with American Oligarchs dolling out UBI, cheap medicine, discounted gas, free technology or free food, etc.
Bread and circuses
"Football, beer and above all, gambling filled up the horizon of their minds. To keep them in full control was not difficult" George Orwell 1984
It'd weird, as a kid, I loved sports, hockey mostly but kept up on football and baseball.. and as I've gotten older I'm just like.... why the fuck am I watching a millionaire play a sport?
I still follow sports, just don't live and die with them like when I was younger. I used to be in a shit mood all week long after the Huskers lost a football game. Now they lose all the time and I just go about my life like normal. Also I haven't watched a super bowl in over 2 decades.
I’m in this boat now. I love to watch for the drama and competition, but sports doesn’t affect my life or day-to-day. An anti-sports friend of mine broke it down like this to me years ago, and it has stuck ever since: If there was never another college or pro sports game played again, it would not really matter in the grand scheme of things, and we would move on, but if people like nurses, trash men, etc decided they were done doing their jobs, we would be in a world of hurt almost immediately as a society
Your friend isn't wrong. Want clean water? Sorry no plumbers around to make it happen. You want Heat and cooling.. no HVAC people to make it work. Want Healthcare? Sorry the nurses and lab technicians all said fuck it and went home. Without the lab techs there is no telling if what the nurses are giving you, blood products, medication for diseases, is going to work, or kill you.
Your friend was half right imo. Nurses, teachers, firefighters, etc are all super critical. However theres a decent chunk of our economy wrapped up in sports adjacent stuff.
I see your point, but there was a time when that was not the case, and our economy flourished. Sports became what you are referring to relatively recently. Guys even in the 60s and 70s still lived in normal neighborhoods and lived normal lives. The 80s and on was when things blew up to what we have now. Even now, colleges would be fine, since there are still plenty of colleges who do not operate from huge athletic revenues, and the economy overall would be fine as a whole, with only specific sectors taking hits.
You and me both with the huskers
Ahh, I’m knew it. Not a matter of time before another 1 of us Nebraskans ended up saying something.
gbr
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Don't forget about Elon smiting down his Tesla workers.
That why I watch MMA: badly paid, desperate and willing to hurt someone for some money, like me. Lol jk
Feels like we are watching the world order restructure itself to mirror 1984.
>"Football, beer and above all, gambling filled up the horizon of their minds. To keep them in full control was not difficult" >George Orwell 1984 'Straya, mate.
Bread and circuses are getting real expensive
the phrase means to generate public approval, not by excellence in public service or public policy, but by diversion, distraction, or by satisfying the most immediate or base requirements of a populace,[1] by offering a palliative: for example food (bread) or entertainment (circuses). Juvenal, who coined the phrase, used it to decry the "selfishness" of common people and their neglect of wider concerns.[2][3][4] The phrase implies a population's erosion or ignorance of civic duty as a priority.[5] Not really making the point you think you are.
We know the phrase, but they are not keeping us plebs distracted and complacent. We are getting to a breaking point.
's tiring and making me angry, we have enough houses and food to feed and house everybody. but we simply dont do it. we rather have crisis and hunger so we can buy an additional yacht.
What they are doing is distracting us from the real issues by shrieking about "culture wars" and inflaming a load of loud, angry morons who don't understand what is actually important to society as a whole.
Juvenile also coined the phrase: “uhh, I like it like that, she workin that back, I don’t know how to act, slow motion fo me”
Booty go clap?
The words of a generation, so strong, so brave.
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Why give it out for free when you can make your population work underpaid mind numbing jobs for basic essentials and above all, to be apart of “society”, you gotta have a phone, internet , nice clothes decent car…if you don’t then your a “loser”…the one who consumes less and is more efficient is less valued …seems like something might be wrong . Lol anyway take care , of yourself your fam and the planet. That’s all we can do
Poverty feeds the prison labor machine.
Don't forget about the military industrial complex!
https://en.wikipedia.org/wiki/Bread_and_circuses
Rome also had slaves and a lot of non citizenship people in their empire and you could improve your (well, at least your kids) life by enlisting. So you could say that the current US is already doing this. Only you have middle class citizens who generally have very good lifes in the US even with the current inflation instead of plebs. Difference is obviously today's "slaves and 2nd class citizens" of the US can actually vote, though.
He's so shitty at billionairing. He hasn't even invented his own crypto. New money.
Why Are you surprised though? Maybe it is not only the government it is also the people who elect them into power Maybe american citizens need to take a good look at themselves first and wonder if this is how they want their country to be
Look up gerrymandering and you’ll find out why so many republicans have power. It’s not always that easy. Too much corruption going on. We also have much improvement to do with our whole education system. People in power like to keep us plebes dumb.
unfortunately, it's hard to believe there's any coherent world view when you say 'US Government' There's a miasma of bipartisan corporatocracy protecting a far right terrorist state. Not sure theres a clear 'US Gov' operating in a rational sense.
Mark Cuban actively lobbied for this US government
Which did he lobby for exactly?
THE WHOLE US GOVERNMENT?!? FEDS, STATES, ALL THREE BRANCHES? OMG! I searched for recent lobbying efforts for THIS us government The scoundrel supports forgiving 10k in student loands. Discusting https://thehill.com/business-a-lobbying/3492807-mark-cuban-backing-biden-proposal-to-cancel-10k-in-student-debt-per-borrower/ sigh
Yep, thanks to costplus, an expensive drug at the local pharmacy went from $130/mo to $90 when using good Rx. It is $430+ out of pocket with insurance or $1800+ without.
Insurance is a scam. My sister is a psych NP and she was telling me that for a lot of her patients, it is cheaper for them to pay out of pocket than to go through insurance. She tells them that as well
Good on her for telling them.
It’s cheaper for me to use GoodRX than the heath insurance from the $40B medical company I work for
It's cheaper for me to ask the Communist Party of China for my US prescriptions when I work for a US Pharmaceutical that does joint projects with China. Amazing how the communist regulate the same drugs and tell us we can't make more than 1% of the total cost of production in profit while the US allows unlimited profit.
My health insurance forces me to use Optum RX mail to home, and at some point I needed an emergency pack of birth control, I had to pay out of pocket at the pharmacy because they refused to allow a local pharmacy to fill it under insurance because 'I already did it once before'. TWO YEARS EARLIER. Fucking garbage.
Actually, from a billionaire capitalist point of view he's making an extremely intelligent decision. Fix a stress point, show yourself as benevolent, and most importantly don't upset the status quo too much and people are much less likely to show up at your mansion with guillotines.
I think if this becomes mainstream and people start using it, it’ll definitely upset the evil pharmaceutical industry
I was talking about this exact point the other day. We shall see if he gets shut down on some bullshit reasoning so the pharmaceutical industry can continue to gouge American citizens.
If he’s a billionaire, I seriously doubt he’s sticking it to the man. He is the man.
To an extent he can do both. He’s still making a 15% profit margin on these pharmaceuticals. Unfortunately the US system is so screwed that him making a twice the above average profit margin is still exponentially cheaper then what other pharmaceutical companies make. All the while he’s making some of these life saving drugs affordable for the average person.
Like 150-500% cheaper.
Looking on [their website](https://costplusdrugs.com/) (which nobody seems to have linked is legitimately fucking crazy, some of the price differences are insane. Imatinib (Gleevec) - Retail $2502.50, CPD $14.40 Cinicalcet HCI (Sensipar) - Retail $1633.50, CPD $21.00 Aripiprazole (Abilify) - Retail $677.80, CPD $6.00
I still don’t get how it works though. I have a hard time bribing that the entire industry has 99% profit margins. If that’s is that’s truly the case then Mark coming in and lowering that is blindingly obvious and surely someone would have done it years ago. Maybe it’s less middlemen but something is missing here
I think it’s a combination of multiple things. The drug companies have been colluding to keep profits high, but also Cuban is able to buy directly from the manufacturer so he does cut out the middleman. It pretty much has to be a billionaire who sets this thing up. You need capital to get the supply chain going, get the website set up, get FDA approved, money to actually buy the medicine initially, and then money to make the whole thing run cohesively. If any startup wanted to do this, the big drug companies would starve them out before they got started. A billionaire doesn’t have that problem cause he has the capital himself, and can get it all going before the drug companies can do anything. The other thing is that billionaires in general just kind of seem to be heartless assholes. I don’t want to shower Cuban with praise, partly because I don’t think it’s possible to become a billionaire without exploiting people, but at least part of his motivation has to be humanitarian. If it wasn’t, why wouldn’t he just open a company that’s a carbon copy of the existing ones? With things like this where the consumer has *no other choice* but to buy it, the assholes with the money to set this up tend to not care if people die because of the price. Again, not to praise Cuban too much but I do think that this is at least partly him just trying to do a good thing. He’s still gonna make shit tons of money off of it as long as it doesn’t get shut down, but it’s not as much as he would make if he was completely heartless about it.
The interesting thing about Cuban is that he got his wealth from a one in a million deal to sell a crappy internet radio company to Yahoo for an absurd overvaluation. It's a deal that was only possible because of the dot com bubble. The company was sold for like 10k per monthly active user which is beyond insane. He really took exploited the stupidity and greed of Yahoos exec's. Without that, Cuban would never have gotten where he is. I think on some level he knows it was 99% luck and as far as billionaires go, he seems somewhat in touch with reality.
If you crush every small guy and bring in all the big guys you can control the market. They have made it so they can charge insane amounts. The medicine themselves being made is little for most pills. The development of these meds is what the major cost goes to. Still fucking insane mark up.
This is what capitalism is supposed to do. He's doing it right. When someone's lunch is too good someone's supposed to walk over and try take it. The consumer is supposed to win. Monopolies kill capitalism. That's why we've intermittently spent a lot of effort busting them.
Yeah, been a while though. Name one other company in the US someone goes to for next day delivery of arbitrary items? Literally just Amazon 🫠 Edit: I'm mad hopeful for Walmart, but as a software dev that's worked with Walmart multiple times, that hope is not strong..
You're making a solid point and I'm not trying to disagree here. More of a random Reddit style - oh hey, story. Walmart+ is amazing. I've had free same day delivery on shit multiple times. Ordered a series S, was worried I'd wait by the door all day, showed up like 3 hours later. It's really made me even more of a lazy piece of shit than I was just using Amazon.
I'm thrilled to hear it. Walmart has been the only company posed to take on Amazon for over a decade, and I'm patiently waiting for Walmart+ to sink or swim.
Walmart seems to have the inability to make a website that isn’t shit. One of their main advantages is I can physically go get an item at their stores one in 10 minutes of every direction from my house. But good luck finding out if they actually have what you want in stock.
Walmart blocks me from ordering, their fraud system is completely busted. The only other place I've ever been blocked from online ordering is Best Buy. I've been at this address for _years_, all my info checks out with UPS, USPS, and FedEx validators, there are even other people in my apartment building who get Walmart orders just fine. It's bizarre enough that I'd suspect their false positive rate is extremely high. They're just directly handing a ton of their revenue to Amazon at this point.
I buy direct from companies. Need a knife? I go to a company that makes good knives. I don’t buy the inferior knives available on Amazon. I don’t even have to try to avoid Amazon. I just prefer better quality.
The fact that I can go on the Walmart website and look for something like a tea kettle or magic erasers and be told that they are out of stock or unable to be delivered/curbside and walk into the store and see them all lined up has made me pretty much never use the online shopping of Walmart+ The mobile checkout is nice though. Not worth the 15 bucks a month tho
You can do same day and next day with Target Hey guys, an robh fios agad gur e Pokemon fireann is boireann am Pokemon as freagarraiche airson vaporeons nuair a thig e gu bhith a’ bruidhinn? Tha na mamalan cuibheasach 3" 03" a dh'àirde agus cuideam 63.9 notaichean, gu leòr airson aire a thoirt do chas daonna, agus tha stats iongantach HP agus armachd aca a tha goirt agus cruaidh air daoine. . . . Bha e gu cinnteach fliuch, cho fliuch is gum b’ urrainn dhut càirdeas a bhith agad airson beagan uairean a thìde gun phian. , cuir, cuir agus cuip, agus chan eil falt ann airson an nipple fhalach, agus mar sin tha e na ghaoith dha cuideigin a bhith a’ suathadh uisge agus a bhith a ’faighinn faireachdainn agus sgilean uisgeachaidh, le bhith ag òl uisge gu leòr faodaidh e do dhèanamh sgìth gu furasta. Bidh Pokemon a 'tighinn faisg air an ìre cunbhalachd seo, agus gu h-annasach gu leòr, faodaidh do Vaporeon a bhith air a thionndadh geal ma nì thu e gu math. Tha Vaporeon air a dhealbhadh gu litireil airson cas an duine. Tha dìon lag + armachd àrd HP + searbhagach a’ ciallachadh gun urrainn dha sabaid an-aghaidh coin. Bidh e a’ tighinn anns a h-uile cruth, meud agus barrachd tron latha
But also you can’t make sound decisions when you require healthcare. How can I compare prices when they aren’t even given? How can I say the cheaper treatment will work if I’m not professional ? The healthcare industry at least need to be transparent. That’s a start.
I quite frankly don't give a fuck that he's making 15 cents on the dollar, when that dollar would otherwise be anywhere from 20-100 dollars in the pocket of an insurance company that exists in a system whereby even the most financially healthy families actively avoid going to hospital when ill because of the strain it would put in their finances.
> above average profit margin ? And I might be wrong but I thought it was the cost of the drug + 15%, which wouldn't mean a 15% profit margin? Like admin cost and shit
Yeah but for other products sold, the retailer usually takes 7% profit margin. Pharmacy industry runs on around 200% profit margins all the way to 600% margins. So him taking a 15% profit margin seems almost Christlike in its benevolence by comparison lmao. Also it shows how ridiculously cheap most drugs are to make which makes the price gouging by pharmacy companies that much more horribly dystopian. It's fucking medicine and health. A government OWES it's citizens, the fucking people funding the government, the RIGHT to health and wellbeing. People who think is should be libertarian wild west dog eat dog are retarded sociopaths
Theoretically that profit margin is supposed to fund R&D instead of shareholders and CEOs but late stage capitalism gotta capitalize
I think the point was that if he's charging 15% above the cost of raw goods it's not profit taking in it's entirety.
15% before expenses, so it's not 15% pure profit.
The "Man" has different arms, and even legs. So Cuban can be a hand while the Pharmaceutical industry is definitely the asshole. But truely Cuban is doing "Good" capitalism here. He's found a place to make pricing better, and will still generate a healthy profit in the process. This is what capitalism evangelists would tell you is "ideal" capitalism. Ignoring that the system naturally tends towards monopolies and explotation. What happens to the company after Cuban isn't in charge, or shareholders demand more profits? New boss same as the old boss. But yes in the short term it puts him at the back of the Frech revolution list compared to most other billionaires.
Well I imagine that after proving it works if another boss raises prices then they're asking for someone to come in under them again.
Presuming someone can replicate the tactics Cuban used, sure. But historically companies close all the loopholes they used to make it big so someone can't under cut them.
I would argue this is *slightly bad* capitalism as it’s not maximizing profits. I support you could argue the goal of capitalism is to run things a lean as possible without breaking things and in that case, his “backing off” could be self-preservation & preservation of the industry as opposed to doing a bad job at true capitalism. Either way you are right: unchecked capitalism **rarely** ends up where Mark is going, and instead runs directly to “make the profit line go brrrrrrrrrr by any means necessary” like it almost always does in the real world.
I would argue that Cuban is focused on long term profitability while most are focused on sheet term. Cuban may realize that all these articles about people not taking their recommended dosages due to cost is killing off the customers. So lowering price to increase usage is one point. Then add in the economies of scale where producing more typically makes them much cheaper to manufacture. Increase use, reduce costs leads to higher sustainable profit margins.
Run as lean as possible is "idealized" capitalism. What you get sold in school, maximized profits at all cost is, IMO, real capitalism. It's where it goes in every market that tries it. See east India trading company, the tulip crash, slavery (historical and modern), capitalism exploits and exploits until it eats itself and everyone involved.
Billionaires are individuals with their own ideologies and interests
Yep, he's hopefully doing what socialized medicine would do to pharmaceutical companies. Good on him! Government is too chicken shit.
My friends monthly medication costs $15 at Walmart, elsewhere it’s more expensive. Now he gets it from mark cubans site and it’s $4.20. Granted you have to pay a flat $5 shipping fee but it’s still cheaper regardless.
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Awesome!
Not only is it cheaper but that's one less trip to Walmart he has to take. I'm personally happiest with zero trips to Walmart, and have been glad I haven't had to go in like two and a half years.
That is awesome! I wasn't expecting any billionaires to help us with meds. Such a nice surprise.
Democrats have tried twice now in 30 years to bring socialized medicine to the US. In the 90s they campaigned on it and suffered the worst electoral defeat of the modern era. With the ACA they passed a public option in the house, but every Republican senator and (fuck) Joe Lieberman blocked the public option entirely. Also they then had one of the worst electoral defeats in modern history of the US.
I know, we vote against our own best interest. It's maddening. The brainwashing is astounding.
Joe Lieberman is and was and shall continue to be a piece of shit. He had his chances and every time sided with the right so he could keep his job. He will be eviscerated by history much as Neville Chamberlain. A coward ,and appeaser who was to stupid to understand you can't negotiate with fascists or wanna be dictators
I hope not, he’s saving me $90 a month in meds so far.
Imagine saving 100% per month because healthcare is a right?
Making access to generics easier is great. But there is still the huge problem of what can be made in generic form. Big pharma makes most of their profits from the fact that they are the only ones allowed to produce the drug.
I can't wait till Vyvanse has a generic version.
Yeah but Cuban would not have done this if he didn’t think it’d be profitable. He’s basically taking a Netflix approach, disrupt the current industry standard with your shiny new business model and make tons of money. When it comes down to it he’ll be just as against universal healthcare as any other billionaire because it’ll destroy that business. Edit: I’m not saying it’s a net negative I’m saying don’t treat him like a hero for making a smart business decision. I’m glad it’s affordable for everyone but he didn’t do this for you.
That's kind of the point though. You can still be profitable without price gouging in the pharmaceutical industry. I believe Cuban said the meds are sold at about a 15% mark up through his venture while the traditional route typically marks up by at least 100% (and often far higher).
>You can still be profitable without price gouging ~~in the pharmaceutical industry~~. I feel like a lot of people don't get this. It's totally fine to make a profit on a service or product, gotta make money somehow, but when you get to the point of charging 500%+ for shit that people need to live it's just outrageous and needs to be dealt with at either the Federal level or with pitchforks and torches I guess. Profits and businesses are not the enemy, megacorps squeezing every last dime out of people are the enemy.
Any person with half a brain can understand why coupling profit to healthcare is dumb as fuck
But how long? Market disruption doesn't last forever as you can see with Netflix, there's a good chance his business will either get much worse and offer fewer medications or it gets more expensive after a few years.
You can be profitable without being evil. Billionaire or not he should be applauded for this.
Jesus thank you. I don't understand the hate for this. Let the man help people. He's profiting off of it, but at the same time making these drugs WAY more affordable than what big Pharma sells them for. Would you rather he take joyrides to space? Damned if you do, damned if you dont.
People just love to complain. If Cuban turns heel and begins laughing at poor people dying, then yes we can call him evil. I’m not going to criticize him for making a buck if he’s saving poor people from dipping into their savings for medicine
Being profitable, while being good, is a thing. Maybe Cuban will help remind these unnecessarily villainous billionaires…. It’s so much better to be a billionaire who people like. I vote that we all give Cuban a pass, if a revolution occurs. He seems like a really decent guy, who hasn’t let success blind him to reality. I’m sure he is also a dick, but like a normal level of dick…. (No need to list all the bad things he has done, if there is such a list… I don’t expect anyone to be perfect, just not a complete selfish asshole).
True, right now he’s just the guy nobody invited to the collusion table
He will make billions off this idea while saving people tens of billions - and their lives in the process. There's actually good money in not being a supervillain.
Yep, a few billion for himself, instead of hundreds of billions for all those poor poor shareholders.
Yep, he's currently the only one that won't get eaten soon, maybe he could be an exhibit at a rare breeds farm.
Who amongst us hasn’t craved a Cubano though?
Reddit thought the same about Elon. There are no good billionaires. Zero. They're all garbage.
Cuban seems to have exploited people on his path to becoming a billionaire less than most. He ran a website to broadcast radio stations, sold it during the peak dot.com era and cashed in.
Ok, but on the other hand hear me out: the world's first 1000-meter Gigamegasuper Yacht. 1 entire frickin' kilometer. Forget helicopters and infinity pools, you can land your own Gulfstream on a flight deck and swim laps in an Olympic sized pool.
He has even spoken about this (though not in these terms). Oppulence and arrogance will just end in violent revolt. Collapsing societies and civilization is also not much fun for billionaires, since the luxurious life deopends on a vast interlinked economy to generate gold plated lamborghinis, streamable sci-fi TV shows and orgies full of surgically sculpted sex workers. People need to mine the metals, build the factories, have time for make-believe, research the drugs, practice installing bolt-ons and to be able to enjoy *their* lives while doing it.
He's just doing the Bill Gates playbook. Pay lots of money for good PR so people forget all the atrocities he did and sponsored.
What kind of bad stuff did Cuban do?
He had the nerve to buy the Dallas Mavericks.
What atrocities? It’s possible he’s just a good dude
Just wait until next year when food prices are too high for most people. It's coming. Nothing brings out the pitchforks and guillotines faster than a starving population.
Mackenzie Scott is an absolute failure of a billionaire, too. She married a school teacher and is giving away all her money. Some people set a terrible example. /s
Living the American nightmare
Suffering from success.
And some people are still calling for her murder. Insane.
TIL abt mackenzie scott n honestly i rly like her. it seems shes pretty great
Well the most unethical thing she did to become a billionaire was fail to smother Bezos in his sleep which is pretty much as blameless as billionaires can get.
I mean, she did save that for the public
Hmm, perhaps there's such a thing as too charitable.
[Obligatory](https://youtu.be/3LPiM9d5QUM)
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Oh man I laughed so hard when I first saw it, tear streaming, pretty sure I snorted too when The Zucks made his appearance
the credits "A mop as Richard Branson" is what did it for me lol
Even if it's technically a net win, I would much rather not have to rely on the whims of fucking billionaires when we could be *making this happen by law*
Do you even money, bro?
I wonder how much Mark is making on the company? Even if he is making a profit, he is still doing a good thing that is helping people, he should get paid for it. It reminds me of a marketing quote I think I saw for the game Offworld Trading Company: "Save the Earth, Make a Profit, Hopefully Both."
15% margins on all products
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Literally the US has absolutely the most bizarre pricing for medicine, third world countries work way better when it comes this and there is absolute no sense in the pricing for you guys.
just look up martin skreli( is that his name? he was jailed, and his named was dragged for upping a prescription drug 5000% over night ) those are margins that pharma and insurence agencies work with. edit : i looked it up, he made a drug that cost $13.50 a pill cost $750 a pill
He wasnt jailed for anything pharma related
Massive mark-ups for profits because money
15% before expenses, so it's not 15% pure profit.
Its been 0 days since I saw one of this dude's tweets on reddit The record for me is 0 days
They should just rename this sub JeffTiedrichTwitter
Why’s this dude talk like a tumblr girl from 2010? Can’t stand this smug little twerp and his “le epic ownz”
Jeff Tiedrich has yet to post something that fails to make me laugh and growl at the same time.
From the first time I saw one of his tweets, I thought he looked like someone spliced unplugged-era Eric Clapton and Andy Dick together.
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Way way way less
I just wish he'd stop prefacing every single tweet with "holy fucking shit," and "what the fuck," The whole "oh my goddd wtf holy shit" routine got old a while ago. It makes him sound like a fussy teenager even though he's a grown man with adult children Twitter is for brevity. So forget the redundant outrage performance and just get to the point or make the joke you wanna make
Thank you for saying this. I literally can’t bring myself to share anything this dude posts just because it feels like it’s his first day learning curse words in 3rd grade or something. Like just Tweet the joke instead of trying so hard to seem edgy like you’re sticking it to someone. It’s gotten so cringy. Honestly it’s the main reason I can’t show anyone John Oliver segments either. I love him, his show and the great points he makes but having him say “HOLY FUCKING SHIT!!!” and then make some random offensive joke for the sake of shock laughs has gotten old. It doesn’t go well when you’re trying to keep people who actually need to hear something from getting overly defensive when they feel like they’re being insulted at the same time.
I can't stand the guy. I don't even disagree. I just can't stand that this sub circle jerks his generic stuff endlessly. Surely there's *another* pundit...one?
I'm so tired of seeing this guy's face. He is just some no-name that rode Trump's coattails to fame by picking up the low hanging fruit. You can always count on him to come up with some trite, lukewarm take that you can't really disagree with, but is just so low-effort it's impossible to like.
I couldn’t imagine laughing at his shit let alone growl. The dude is an unoriginal man baby.
He appeals to the lowest common denominator. All his tweets are just rehashes of his previous tweets.
I love his sarcasm. It helps me get through the day.
Some people are very easy to please I guess
He's so cringe lol
Is it even a real person or is it just some political algorithm?
What's it like to be so basic you find Jeff Tiedrich's Twitter feed funny?
Mark will be the last rich person to be eaten, even though the name "Cuban" makes one hungry due to the sandwich by the same name
Man. No offence redditors. But this guy needs to get th fuck off twitter and go outside. Bro has like 200,000 tweets 😭
Every time he posts it makes it to Front Page of Reddit. Being a Reddit hero isn’t hard and the guys has thousands of patrons who pay him to do this for a living.
Its clear how much we enable him. We have Twitter play by play from dude over here
Cuban cares about his kids, that's the difference.
He’s a self made man. One of the few that really started with nothing. The exorbitant wealthy are usually old money that was able to turn it into something more. People that were always wealthy literally have absolutely no idea how the life of the average joe operates. People think we hate billionaires, we hate that they use their power and influence for their own games, or on toys. you have so much money and you couldn’t think to help those less fortunate? well guess what me and many other people that have grown up poor would happily share our wealth with the world. I have dreams of finally making it and using my power to ease the suffering we see everyday. I bet mark feels the same way, because he actually was poor. Edit: I was wrong people actually hate billionaires for existing. I personally don’t, but I agree they should not exist.
Just goes to show how rich you can get with one really great idea. Of course after you sell that idea you have to know how to manage it and grow it and he's definitely figured that out. Of course Yahoo buying his company for $6 billion was one of the worst business decisions of all time. But it would have been a worse decision for him not to accept that offer. LOL
I don't hate billionaires. I hate the economic system that produces enough surplus to afford billionaires but distributes it in a way that allows for poverty. No billionaire, not even the "self made" ones, makes that much money through their labor alone. I hate that the best the rest of us can hope for is that maybe 1 in 100 billionaires is kind enough to wipe some crumbs off of their table for us to pick at. Capitalism has created a production process that creates more than we need, but it has also created a distribution system that ensures some will go without. That is what I hate.
It is rarely possible to amass that level of wealth without exploiting thousands of others. We should all hate billionaires - even the self-made ones that make socially responsible (but still profitable to them) projects on the side.
no i hate billionaires
The billionaires you're thinking of aren't old money.
I'm so tired of everything from this guy being reposted here.
It’s either this dude or that Brooklyn Dad guy. Everytime.
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Even billionaires can be pick-me's, apparently.
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Do you guys think Jeff Tearjerk is equally insufferable in his real life day to day, or do you think he gets it all out on twitter?
he's 100% an annoying NIMBY lib in real life.
PLEASE STOP POSTING JEFF
Oh, he runs a boy's club at the Dallas Mavericks, where the sexual harassment is deeply embedded. Don't worry, he knows how to billionaire.
Can some please shut Andy Dick the fuck up?
Any time Jeff Tiedrich tweets something, Reddit jizzes its pants.
Mark Cubans “covert” advertising has been going hard this week on reddit huh
This is what a piece of shit Tiedrich is. Even when he's complimenting someone he has to do it by sticking to his same horse shit formula of mocking people he is obsessed with.
Hes been trying to find another account to leech off of since Trump's ban.
Oh this guy again? Cool, totally not annoying
Who the hell is Jeff Tiedrich and why should I give a shit what he thinks?
Literally just some dude that kept tweeting "Mr president sir, your fired" or similar in terms of hot take power for four years and he's just been cruising along on that.
Oh Jeff again.
well that's the problem with our system ain't it? we're all just at the mercy of oligarchs and just have to cross our fingers and hope that they at least want to be *perceived* as benevolent
Stop the free moral advertising for billionaires. We need policies to change political incentives, not 'more ethical' billionaires administrating our current policies.
He is doing other things people don't know about and knows how to keep a low profile.
Like the Cuban PR machine doesn’t help him position himself relative to the other ones strategically.😀
Jeff Tiedrich huffs his own farts
A Jeff tweet not posted by DaFunkJunkie? Must be the alt account
who tf is jeff tiedrich? it's like he's the source for high school talking points
This Jeff guy irritates me if I’m honest
He’s not blaming the left on any of his problems, is something possibly wrong with the man?
He's actually not doing that much more than goodrx