the tldr is you have to follow the fundamentals of investing AND just bet against humanity. The real ROI starts when the human rights and environmental regulations stop.
Comment on So...how the fuck do I trust *anything*?
elevenbones@sh.itjust.works 1 month agoSo whats the book?
Canconda@lemmy.ca 1 month ago
eightpix@lemmy.world 1 month ago
Betting on chaos, destruction, reconstruction costs, insurance payouts/denials, and instability for a growing segment of the population made many people rich in the 15th to 21st centuries.
When you are both the cause and the beneficiary of this exercise, that is Disaster Capitalism — an extension of the Shock Doctrine.
The doctrine itself can capitalize on accidents, natural disasters, political instabilities, and economic downturns.
Disaster capitalism foments “accidents” (see: Beirut explosion), natural disasters (see: climate change denialism), political instabilities (see: School of the Americas), and economic downturns (see: the Big Short).
Whostosay@sh.itjust.works 1 month ago
For real, not a very open secret is it
Canconda@lemmy.ca 1 month ago
the tldr is you have to follow the fundamentals of investing AND just bet against humanity. The real ROI starts when the human rights and environmental regulations stop.
Whostosay@sh.itjust.works 1 month ago
I have an issue with that, that feels like investing in palantir to all of our detriment just for a few bucks.
Canconda@lemmy.ca 1 month ago
That’s 100% what it is. That’s why I’m a poor SOB that knows the tldr.