all 7 comments

[–]jet199 2 insightful - 3 fun2 insightful - 2 fun3 insightful - 3 fun -  (1 child)

Marx literally thought late stage capital was happening during his lifetime.

It's taking longer than a soviet bread line.

[–]TaseAFeminist4Jesus[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Frederic Jameson used the term in a book title way back in the early 1990s. He found it necessary to clarify in the foreword that he did not mean "late" as in "dead." The fact that such a clarification would be necessary says something about the intelligence levels of Marxists and "critical theorists."

[–]1Icemonkey 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

Get a job. That’s funny. Do you have a job? I own a business that employs people. What is it that you do that has you so high and mighty?

[–]TaseAFeminist4Jesus[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

I work as an accounting executive and I do own an equity share in the business. I insisted on that. (And no, it's not the Wendy's ESOP or whatever LOL.)

[–]1Icemonkey 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Well, I guess you’re not as much of a loser as you sounded like. What exactly is an accounting exec? Is that an overpaid bookkeeper, or are you a CPA? It’s a fair question. And by equity, do you mean it’s and employee owned company, or do you actually own a percentage of it, like 10% or more? For the record, I built and operated my first company from the ground up, over the course of 16 years. I bought my second company from its second owners, making me the third owner.

[–]TaseAFeminist4Jesus[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

No, I'm not a CPA but I went back and completed all of the requisite CPA coursework at night school about 10 years ago. Before that I supervised a team doing mobile app development, but it felt really bureaucratic and evil.

The company I work at isn't employee owned. It's owned by a large VC group, in which I received shares and options. Valuation of equity instruments is a difficult problem in both economics and accounting, but there is a certain slice of the pie that we get at the director level and above, and I wanted to have that.

[–]plato911 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Morons and virgins let the amount of money they earn dictate their opinion on capitalism and economics.