Okay, so I'll assign companies on the S&P 500 numbers at random, and then we'll check out how their numbers have been doing for the past 10/15 years.
Since the resident socialists say Google and Apple are the outliers, this should give us a more balanced view, yeah?
Why would you think the S&P would be a good indicator of any of this lol do you know why companies are assigned to the S&P
Why would you think the S&P would be a good indicator of any of this lol do you know why companies are assigned to the S&P
Again, if there's a global trend depicting a decline in profitability, would those companies be exempt?
Think about it. Really think about it.
Lol, so the "rate of profit" falling somehow doesn't apply to the biggest companies in the world? Your ineffable global trend doesn't show up at all in the profit margins of the global conglomerates?
Listen to yourself, man.
Capitalism trends towards monopoly. The 500 largest corporations keep making money because they play an active role in this tendency, which is what allows them to continue making crazy profits
Capitalism trends towards monopoly. The 500 largest corporations keep making money because they play an active role in this tendency, which is what allows them to continue making crazy profits
Also companies fall out of the top 500 all the time which makes it even dumber
Survivorship bias on steroids
Capitalism trends towards monopoly. The 500 largest corporations keep making money because they play an active role in this tendency, which is what allows them to continue making crazy profits
So everybody else sees their rate of profit falling except the companies on the S&P.
Okay, I don't agree with that but I'll roll with it.
If I select a company at random that's not on the S&P, has existed for more than 15 years, and take a look at their books, do you think it should show a declining rate of profit?
Quick shoutouts on page 1000 to
Karl Marx
Freddy Engels
August Bebel
Karl Kautsky
Lenin
Stalin
Trotksy
Khruschev
Mao
Zhou Enlai
Fidel Castro
Che Guevara
Raul Castro
Hugo Chavez
Ho Chi Minh
Deleuze
Guattari
Mark Fisher
David Graber
Britney Spears
Louis Althusser
Sartre
Paul Cockshott
Kanye West
Rosa Luxemburg
Karl Liebknecht
Ernst Thalmänn
Thomas Sankara
CLR James
Malcolm X
MLK Jr
WEB DuBois
Walter Rodney
Sayyid Qutb
Maurice Bishop
Michael Hudson
Michael Jackson
Salvador Allende
Guy Debord
Ernest Mandel
Richard Wolff
David Harvey
Albert Einstein
Nelson Mandela
John Brown
Toussaint Louverture
Eugene Debs
Richard Nixon
You are appreciated
Also companies fall out of the top 500 all the time which makes it even dumber
Survivorship bias on steroids
Again, do you know the difference between market capitalization and profit?
Do you know what the criteria for inclusion (and removal) of companies from the S&P are? (it's only tangentially related to profitability)
Here's a link:
investopedia.com/articles/investing/090414/sp-500-index-you-need-know.asp
We got a nigga that apparently did statistics/sampling methodology that doesn't know what simple random sampling is, and a nigga that doesn't seem to understand the difference between market cap and company profitability is.
It's like the blind leading the blind ITT
You can choose a number from 1 to 30 and I'll do the same thing with any Nigerian company -- s***, any African country -- whose financials I can get access to.
You want to insist I'm a troll, but you and the other guy have been the ones having this discussion in bad faith, saying wild s*** about my moms, and generally just being insecure, defensive weirdos.
Pick a number, G.
1. https://en.m.wikipedia.org/wiki/Simple_random_sample
2. See my response to the other guy
how do we know youre doing it randomly lmaoo
how do we know youre doing it randomly lmaoo
Do you think I'm that invested in this little discussion?
You can do it yourselves. Pick a company at random, check out their financials for the past 10 to 20 years by typing that into Google and seeing how it trends.
I'm not 100 percent convinced in the veracity of my perspective, which is why I've been asking for us to verify.
No need to rely on what a dusty nigga who didn't touch enough grass in the 60s said. We have access to the numbers: let's see if it actually checks out.
No need to rely on what a dusty nigga who didn't touch enough grass in the 60s said. We have access to the numbers: let's see if it actually checks out.
Why are you acting like these studies don't have a methods section
Why are you acting like these studies don't have a methods section
Don't waste your time on this brainlet
Quick shoutouts on page 1000 to
Karl Marx
Freddy Engels
August Bebel
Karl Kautsky
Lenin
Stalin
Trotksy
Khruschev
Mao
Zhou Enlai
Fidel Castro
Che Guevara
Raul Castro
Hugo Chavez
Ho Chi Minh
Deleuze
Guattari
Mark Fisher
David Graber
Britney Spears
Louis Althusser
Sartre
Paul Cockshott
Kanye West
Rosa Luxemburg
Karl Liebknecht
Ernst Thalmänn
Thomas Sankara
CLR James
Malcolm X
MLK Jr
WEB DuBois
Walter Rodney
Sayyid Qutb
Maurice Bishop
Michael Hudson
Michael Jackson
Salvador Allende
Guy Debord
Ernest Mandel
Richard Wolff
David Harvey
Albert Einstein
Nelson Mandela
John Brown
Toussaint Louverture
Eugene Debs
Richard Nixon
You are appreciated
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shoutout britney spears
Why are you acting like these studies don't have a methods section
Nobody's posted any studies ITT, just out of context graphs.
There have been arguments critizing the whole "downward trending profits thing" since the 60s, see: en.m.wikipedia.org/wiki/Tendency_of_the_rate_of_profit_to_fall#:~:text=The%20tendency%20of%20the%20rate,invested%20capital%E2%80%94decreases%20over%20time.
So it's hardly a new thing.