New York Mayor Eric Adams did not mince his words about his disapproval of what he called the large number of “nasty” Gen Z voters supporting Zhoran Mamdani, the democratic socialist candidate leading the race for NYC mayor.

  • gandalf_der_12te@discuss.tchncs.de
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    14 hours ago

    Actually Mamdani’s government would improve the country in a lot of ways, and would also be a big win for the economy of the owning class. That is because if people have more money, that stimulates consumption and that drives the economy forward. It’s like a big engine, you gotta put fuel in it to drive it.

    • TankovayaDiviziya@lemmy.world
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      12 hours ago

      Yeah, but you gotta think of the shareholder value for the next quarter! The Chinese think in decades. We don’t! Capitalism FTW, baby!

      • Joeffect@lemmy.world
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        12 hours ago

        Who cares about the profits of tomorrow even if they would be 10x what they are today… the number went up today see… we are doing so good!!!

      • IronBird@lemmy.world
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        10 hours ago

        nobody actually cares about shareholders, the entire foundational idea around stock-markets was to essentially act as a liquidity trap, to seperate the new-rich from their $. and it was a resounding success.

        as with many other things, most of the rest of the world regulated out the most glaring flaws in this setup so that it’s atleast somewhat functional, but certain rules/exceptions to rules exist within the american system that act as obscene advantages to insiders a/o old-money.

        every single “crash” is by design, and the next rugpull won’t be too much longer now…

        • Joeffect@lemmy.world
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          9 hours ago

          Don’t you mean the people with the closest and fastest connections so they can make pennies on trades before everyone else and make millions for basically no effort except some fancy stock trading algorithm they regularly update…