1800TurdFerguson

1800TurdFerguson t1_j6p40w4 wrote

But those white working class populations were often ethnic enclaves. Look at Boston or Chicago. One of the largest mass lynchings was perpetrated against Italians in New Orleans. The Crescent City has a long history of various white ethnic groups migrating to the city - Greeks, Italians, Irish, Slavs (mostly Croats). I’m not that aware of DC’s early industrial history, but I’m not aware of the city having those kinds of ethnic population centers.

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1800TurdFerguson t1_j6olaak wrote

Has there ever been a white working class neighborhood in DC? Serious question. Maybe late 19th century? Georgetown and its shipyards and mills were a separate city until 1871. Even then it was in a state of decline, at least from a commercial perspective. DC didn’t crack 100K in population until the 1860s.

DC grew rapidly in the first half of the 20th century, but what was the breakdown between blue and white collar population growth? I’d suspect if was more the latter than the former.

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1800TurdFerguson t1_j63gjt9 wrote

Ramen is what I’m going to say at the end the next time I have to join a prayer. Thanks for that laugh.

I predict we’ll have AI’s of famous jurists duking it out on SCOTUS by the 2060. We’ll have Scalia and RBG going at it again, with Berger and Powell trying to build a consensus.

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1800TurdFerguson t1_j6019hi wrote

I’m not sure whether your comment about being unnecessarily rude was directed at me or at vegdeg, but I think it’s high time we put Friedman’s thoughts on shareholder value in the same grave he inhabits. It’s an incredibly short-sighted and unsustainable ideal, and as an economic theory it’s been shown to be increasingly unworkable. The pendulum between regulation and deregulation has swung back and forth throughout American history, but never has corporate America been better positioned to halt the swing of the pendulum back into a more restrictive position. The American public is by and large unable to do anything to stop the incessant extraction of value from them by corporations and the financial markets.

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1800TurdFerguson t1_j6004rb wrote

Except it’s not something that we’ve collectively agreed upon. We sat and watched as Congress deregulated the financial industry and markets, and then sat on the sidelines as the public at large was further abstracted from the levers of power. Now we shrug our shoulders, throw up our hands, and exclaim exasperatedly as all manners of corporate fuckery go unmonitored and unpunished.

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1800TurdFerguson t1_j5zmfd3 wrote

> What part of companies exist to make shareholders > money do you not understand.

We understand it, but I don’t think you do. It’s not an issue that companies exist to make shareholders money. It’s that they only exist to maximize shareholder value, emphasizing short-term profits over everything else…corporate citizenship, sustainability, and long-term growth. This is the dystopian Friedman-esque future financial deregulators wanted.

We substitute Wall Street as a stand-in for the broader public, but that couldn’t be further from the truth. Wall Street is no more representative of the population at large than Friends was of 20/30-somethings in NYC. Wall Street is a collection of very wealthy individuals and institutions that exist solely to facilitate the mass transfer of wealth upward. It’s not Fred and Barbara in the suburbs who are constantly pushing to extract every dollar in value possible. It might be the financial institution that holds Fred and Barbara’s retirement funds, but they’d push Fred and Barbara out the door in a second if it meant an infinitesimal amount of increased value at that moment for this mutual and exchange-traded funds.

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1800TurdFerguson t1_j1r2hx3 wrote

Was it ever? I feel like the show had its “Jump the Shark” moment in Season 1 with Dermott McDermott and his “crybaiting” scene. AHS: Coven was entertaining because of Cathy Bates, but I haven’t liked any other season sufficiently to finish one.

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