happybadger [he/him]

Working class employee of the Sashatown Central News Agency, the official news service of the DPRS Ministry of State Security. Your #1 trusted source for patriotic facts.

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Joined 4 years ago
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Cake day: October 7th, 2020

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  • happybadger [he/him]@hexbear.nettoMemes@lemmy.mlRemade for clarity
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    3 months ago

    In Marxism, the base (material/economic conditions) is what the superstructure (social/cultural/political conditions) is generated by. Societies organise themselves around the resources available and the division of labour required to utilise them. Marxism’s social observations are all rooted in that mediation of the material environment.




  • Describe “Marx’s theorem” without paraphrasing wikipedia. This is nonsensical and as an adult you’re supposed to read about the things you choose to talk about. Linnaeus lived three centuries ago, but would you throw out taxonomy? Is the scientific method outdated because Francis Bacon wouldn’t know a thing about modern science? People build on the epistomological and ontological frameworks to make a living tradition.










  • It’s 8% of the shares in total. Everything prior was purchased in venture capital drives well below the IPO price. We both know that the price is going to crater after that. My incentive is to buy in now and cash out the moment it launches, but that’s also their incentive and they’re doing so much quicker with far more shares. If I kept my shares, my only hope would be that whatever dividends it pays out cover the 24/7 customer service job of moderating at the state minimum wage. It wouldn’t at the amount it allows me to invest. The people drawing much more profit from their much cheaper shares will make that 24/7 customer service job worse as the website becomes worse to use and everything I say on it is sold to train the LLMs that are threatening labour more broadly.

    The gamble every person who got that message faces is whether or not they think they can cash out within the first day. After that there is no happy ending for reddit, its mods, its users, or people dumb enough to invest in the modern Myspace.


  • The attack Wednesday in the Gulf of Aden targeted a Barbados-flagged bulk carrier called True Confidence,

    It was unclear why the Houthis targeted the True Confidence. However, it had been listed as being owned by Oaktree Capital Management, a Los Angeles-based fund purchases vessels and sells them back to firms on installments. Oaktree did not immediately respond to a request for comment.

    […]

    Meanwhile, a separate Houthi assault Tuesday apparently targeted the USS Carney, an Arleigh Burke-class destroyer that has been involved in the American campaign against the rebels

    The Houthi attack on the Carney on Tuesday involved bomb-carrying drones and one anti-ship ballistic missile, the U.S. military’s Central Command said.

    The U.S. later launched an airstrike destroying three anti-ship missiles and three bomb-carrying drone boats, the Central Command said.

    Highlighting that because the autogenerated subtext makes it seem like they got the destroyer instead of the American-owned but Barbados-flagged bulk carrier. At least the destroyer attack shows that they are fielding more sea drones so that will be coming at some point.


  • I’ve been watching meme stock subreddits and they’re very cynical about this bubble. By now they’ve seen a clear pattern where it arbitrarily fluctuates between like $16-60k. The game is no longer pretending it’s going to the moon as a Millerite fantasy. It’s timing your buy-in so that you’re closer to the $16k than the $60k.

    NFTs also alienated all but the weirdest goobers. Even if I didn’t see all crypto as a scam, for a solid year it was just nakedly a series of highly public scams. Like mid-level marketing or the lottery it completely lost legitimacy for anyone who isn’t pathologically dependent on getting rich quick. The utility of any blockchain project is as meaningful as the utility of any Herbalife supplement.



  • r/snackexchange was fun. I sabotaged the subreddit by embracing Spez’s call for user democracy, making everything about it up for a vote every day. Some weird little goober ratfucked that and the admins made them the head mod, despite them only participating in the subreddit one time ten years before and there being two existing mods who programmed third-party tools we were protesting for. Those tools were necessary for running the subreddit. The users instantly turned on this guy despite me being a more or less absent mod for years and destroying the subreddit in protest. He became a proxy for the admins and caught so much flak that he has only posted a couple times since, and not in r/snackexchange.

    There were a few larger subreddits that got mod couped with similar hate toward the scabs, but having seen the worst case example it’s great. They do their big power move and it’s the gun-hubris gun. When they threatened to do it in r/Science the guy requesting it was an antivaxxer who markets herbal supplements. Let a thousand fuckups bloom.


  • That might happen but that’s not where the real pressure point is. Sometime shortly after the IPO, whatever hype exists around it is going to give way to the reality that reddit is an unprofitable company at the end of a tech bubble built on 0% interest rates that aren’t coming back. There is no way for reddit to become profitable without making itself unusable and sanitising the NSFW content that drives a huge amount of its traffic. When the price tanks, they’ve bribed their 75k most loyal users and mods into accepting the IPO with advanced purchase options at what might be the high point of its value. That’s when shit stands to rupture. Reddit will have failed everyone to enrich Steve Huffman and the venture capitalists who invested in their earlier rounds and there’s no way for them to control that tantrum spiral.