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183
Joined
2 yr. ago

  • Anything's possible when you make stuff up!

  • My toaster costs 30€ and has the following features:

    • Toasts bread
  • Yeah, the machines that they smashed had been in use in England for 2 centuries at that point. It's very unlikely that they just decided to rebel against this 2 century old "new technology" because they were some primitive brutes as they are depicted. History is written by the victors, and in this case capitalists were successful in tarnishing their reputation for centuries.

  • A Boring Dystopia @lemmy.world

    The future is toast

  • Political Memes @lemmy.world

    Artemis crew spotted near supermassive A-hole

  • Memes @lemmy.ml

    Accurate

  • Kind of. The irony is that it's AI-generated

  • LinkedinLunatics @sh.itjust.works

    AI makes you dumper

  • Dunno what you're trying to prove here, apart from "removing an outlier from the data makes the data closer to the average", which is pretty obvious.

    But you can clearly see that the graph shows Europe, not EU, so using your same calculation with the population of Europe, which is 745 million and excluding France, the result is 1.13.

    Also I don't see any indication that OurWorldInData is using an average of countries (which would be stupid). Considering their jobs are statistics, they probably know how to aggregate per population, aka a weighted average.

  • I don't have access to the source data since you need to register, but I would assume that OurWorldInData knows to aggregate Europe per population, and not just average the values per country. France is not the only outlier, there's also Norway and probably some others I haven't seen

  • I see that some people try to attribute this to older population and/or Alzheimer, but even by those metrics the countries above are pretty close and wouldn't justify such a big gap:

    As for the reliability of data, it's from a peer reviewed study by an American university. If they had a way to make the China data look worse, I'm sure they wouldn't hesitate.

  • Memes @lemmy.ml

    Communism is when no food

  • Political Memes @lemmy.world

    Imagine

  • A Boring Dystopia @lemmy.world

    Updated satellite imagery shows extent of destruction in Gaza

  • I've been giving Spain too much credit lately, but I forgot that this shit is still legal. Barbaric traditions from the past should stay in the past.

  • "But you see, they told me it's for democracy and freedom!"

  • Luigi Mangione @lemmy.world

    Shareholders are the real victims

  • Microblog Memes @lemmy.world

    Count Catula

  • Railways were a thing when communism was developing during Marx's times and Lenin wrote extensively about railways. Their analysis is still very valid, and if anything, planning has become more feasible than 100 years ago thanks to computers. There are some modern proposals, but they are still very much based on socialism, since capitalism can only lead us to ruin.

  • each employee provides $2.3 million worth of value

    Market cap is just the value at which shares are sold on the market, not necessarily the actual value of the company. It implies a lot speculation for investors on how much they expect to gain from the ownership. The company equity/net worth is a more accurate indicator. What you're calculating is the accumulated value in time, not yearly.

    If you want the ratio of generated value to wages paid, it's hard to accurately calculate with just public data, but you can approximate it so: in a given year, take the operating income and divide it by the number of employees. Operating income accounts for overhead expenses like SG&A (Sales General & Admin), which includes things that you can argue are useless (like wages for execs, middle management, and sales), but they also include admin costs like office rents, etc. Then you also have to find the average/median wage of a worker at the company, so the total is:

    yearly value created by a worker = (operating income / n. of workers) + median wage

    You can also do a quick calculation using this tool: https://yourfairshare.info/

    It's interesting to note how in all of these top companies, for every 1$ paid to workers, another ~1$ is transferred to capitalists through dividends and buybacks.

  • Here's a site that calculates basically how much you're being exploited in a company. It's mostly for American stock exchanges, but if you can find the financial reports of your company you can apply the same method (it's nicely described).

    https://yourfairshare.info/

    The top comment doesn't really work, because even if workers pooled the money together, shareholders or execs might refuse to sell their shares if they are expecting it to grow and pay them out more in the future. Buying up companies to turn into coops doesn't work (except for failing/bankrupt companies), because it takes capital to do that, which workers don't have by definition.

  • Political Memes @lemmy.world

    Gee, I wonder why?

  • Political Memes @lemmy.world

    Don't tread on me

  • Lemmy Shitpost @lemmy.world

    Evolution of the Microsoft Trash Icon

  • No treats, just scratches

  • Nope. Completely free in the Irish wilderness.

  • aww @lemmy.world

    Wild deer is curious

  • aww @lemmy.world

    More dawwgs, less AI slawwp

  • Reminder from the Copilot ToS:

    Copilot is for entertainment purposes only. It can make mistakes, and it may not work as intended. Don’t rely on Copilot for important advice. Use Copilot at your own risk.

  • Lemmy Shitpost @lemmy.world

    SlopOS 11

  • Apparently the creation of the First French Republic, which abolished feudalism and monarchy, created a declaration of human and civil rights that was foundational for a century of liberal democratic revolutions all across Europe and is still celebrated today as a national holiday, wasn't a good ending because the forces of reaction managed to get back in power for a few years. Unbelievable...

    Maybe the first republic would have lasted longer if they dressed up in frog costumes?

  • Political Memes @lemmy.world

    The real victims

  • Political Memes @lemmy.world

    The difference between Iran and Vietnam

  • Political Memes @lemmy.world

    Can this be a solution?

  • People Twitter @sh.itjust.works

    WSJ is catching up