#davos

[xlittlefiend]

The Rivermen are made of mud. They would rather burn than succumb. — Gifs Made By: @xlittlefiend Do Not Remove Credit Or Caption.

[reality-detective]

Heritage Foundation President Kevin Roberts, sends a powerful message to the unelected ‘elites’ in Davos. 🤔

BRAVO‼️👏🏻👏🏻👏🏻 Well Said‼️👏🏻👏🏻👏🏻

[jozor-johai]

some of my favorite "evidence" for the Seven:

Davos, ardent worshipper of the seven, who stayed true in the face of a false god, is miraculously saved from drowning during the Blackwater and then, once he's stranded on a remote rock, he prays to the Mother for salvation and is delivered a ship.

Sandor, too, has a certain reverence for the Faith in him, even if he shows it in a blasphemous way, naming his horse Stranger; Sandor, too, is (probably) saved by the faith in exchange for a new life of devotion, doing peaceful work of the kind that the Hound was never allowed to do

this is the kind of thing I say when people tell me the Seven aren't real. Should we imagine that this is any less real than Melisandre or Thoros attributing her powers to "R'hllor" ?

[odinsblog]

More than 250 billionaires and millionaires are demanding that the political elite meeting for the World Economic Forum in Davos introduce wealth taxes to help pay for better public services around the world.

“Our request is simple: we ask you to tax us, the very richest in society,” the wealthy people said in an open letter to world leaders. “This will not fundamentally alter our standard of living, nor deprive our children, nor harm our nations’ economic growth. But it will turn extreme and unproductive private wealth into an investment for our common democratic future.”

The rich signatories from 17 countries include Disney heir Abigail Disney; Brian Cox who played fictional billionaire Logan Roy in Succession; actor and screenwriter Simon Pegg; and Valerie Rockefeller, an heir to the US dynasty.

“We are also the people who benefit most from the status quo,” they said in a letter titled Proud to Pay, which they will attempt to deliver to world leaders gathered in Davos in Switzerland on Wednesday. “But inequality has reached a tipping point, and its cost to our economic, societal and ecological stability risk is severe – and growing every day. In short, we need action now.”

(continue reading)

[knight-of-flowerss]

BLOOD SACRIFICE

Vampire!Benjicot 'Davos' Blackwood x Septa!Reader

There will be smut so Minors DNI 18+

SNIPPET OF ONE OF THE THREE STORIES!

Synopsis: Many say the church can protect you against evil, that’s a lie. You pray to the Seven for forgiveness and protection, but they do not grant it. The stranger himself gets invited into the church, what will you do when he bears his fangs and gives you the choice between death or lust?

The stained glass shines from the illumination of the moon, the light refracting and casting shadows. My veil covers my hair, billowing down my back and coating the floor in the laced fabric.

My hand clutches my rosary, my mouth moving fast as I mutter prayers to the Seven. There had been talks of a monster amongst us. Murders of young, vulnerable women had become the new town myth, they say a Vampire.

Yes, a Vampire apparently walks amongst us. Ridiculous but precautions must be maintained.

We do not know if the Vampire is tall or short. Young or old. Pretty or ugly. All we know is that there is someone with a bloodlust amongst us.

My prayers are dedicated to the Seven, specifically the Warrior. I prayed to him for protection, to help rid us of this foul disease plaguing the Riverlands.

"I pray to the Warrior for protection and bravery, give me strength and safety and I will forever be in your debt." I mutter, my eyes closed and mind blank, only focusing on the words I’m speaking and which of the Seven I am praying to.

After praying to the Warrior, the Father, Mother, Maiden, the Crone and even the Smith, I go to pray to the Stranger, but something stops me.

I hear a scratch on wood. I stop my prayer for a few seconds, listening to hear. Nothing. So I go back to praying. "I pray to the Stranger-" scratch, scratch, scratch.

I pause, my eyebrows furrowing as I finally open my eyes, moving my eyes around the very empty church, my eyes land on nothing. There is nothing here with me. There must be rats in the wall.

I open my mouth to continue before a loud banging makes me jump and drop my rosary. I look behind me and see the door shake with the sheer force of the knocks.

Once the knocks cease I get the courage to call out in the darkness, "Who comes here at the hour of the wolf?"

Silence. "Answer me!" Silence as well.

I stand up from my sitting position, discarding my rosary as it lays neglected on the floor. I slowly walk towards the large double doors, my bare feet planting on the cold stone.

My body reaches the door, fingers instinctively reaching out and grabbing onto the handle. I go to pull it but I hesitate. What was on the other side? A cat? A person? The killer?…

You only live once, if I am to die then I am to die, it is what the Seven want.

I use a lot of my strength to pull open one of the doors to reveal the cold to the warm.

As my eyes scour as much as the darkness allows me to see. I turn my head right, nothing. I turn my head left, a shadow.

I shriek out of shock, jumping as I look at the body before me. A man. He has scruffy black hair, a cocky grin and a scar above his lip.

"Greetings, Septa." He smirks, enjoying my reaction. Who was this man? "Greetings… how may I help you?…" My tone is sceptical, unsure.

"I need a place to rest until the morrow. Well, it already is, what I mean is when the sun rises." He flashes a charming but cocky smile, stepping slowing infront of me. He was tall and lean, towering over me.

"Of course, you could have just came inside you know? Come, step inside, you are always welcome at the Church." His smile widens and turns into a smirk. His eyes flashing an emotion I cannot put my finger on. But it wasn’t just an emotion. I swear I had saw his deep, dark eyes flash a bright red, but it was dark, the hour of the wolf, I am just tired.

I welcomed the young man inside, smiling politely as I let him in. Shutting the door, I do not realise the danger I face. I have just locked myself in an isolated Church with a Vampire. Gods help me…

Tags: @thethreeeyed-raven @lost-in-fiction-like-ur-mom

[mostlysignssomeportents]

The super-rich got that way through monopolies

Catch me in Miami! I'll be at Books and Books in Coral Gables on Jan 22 at 8PM.

Just in time for Davos, here's 'Taken, not earned: How monopolists drive the world’s power and wealth divide," a report from a coalition of international tax justice and anti-corporate activist groups:

https://www.balancedeconomy.net/wp-content/uploads/2024/01/Davos-Taken-not-Earned-full-Report-2024-FINAL.pdf

The rise of monopolies over the past 40 years came about as the result of specific, deliberate policy choices. As the report documents, the wealthiest people in America funneled a fortune into neutering antitrust enforcement, through the "consumer welfare" doctrine.

This is an economic theory that equates monopolies with efficiency: "If everyone is buying the same things from the same store, that tells you the store is doing something right, not something criminal." 40 years ago, and ever since, the wealthy have funded think-tanks, university programs and even "continuing education" programs for federal judges to push this line:

https://pluralistic.net/2021/08/13/post-bork-era/#manne-down

They didn't do this for ideological reasons – they were chasing material goals. Monopolies produce vast profits, and those profits produce vast wealth. The rise and rise of the super rich cannot be decoupled from the rise and rise of monopolies.

If you're new to this, you might think that "monopoly" only refers to a sector in which there is only one seller. But that's not what economists mean when they talk about monopolies and monopolization: for them, a monopoly is a company with power. Economists who talk about monopolies mean companies that "can act independently without needing to consider the responses of competitors, customers, workers, or even governments."

One way to measure that power is through markups ("the difference between the selling price of goods or services and their cost"). Very large companies in concentrated industries have very high markups, and they're getting higher. From 2017-22, the 20 largest companies in the world had average markups of 50%. The 100 largest companies average 43%. The smallest half of companies get average markups of 25%.

Those markups rose steeply during the covid lockdowns – and so did the wealth of the billionaires who own them. Tech billionaires – Bezos, Brin and Page, Gates and Ballmer – all made their fortunes from monopolies. Warren Buffet is a proud monopolist who says "the single most important decision in evaluating a business is pricing power… if you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business."

We are living in the age of the monopoly. In the 1930s, the top 0.1% of US companies accounted for less than half of America's GDP. Today, it's 90%. And it's accelerating, with global mergers climbing from 2,676 in 1985 to 62,000 in 2021.

Monopoly's cheerleaders claim that these numbers vindicate them. Monopolies are so efficient that everyone wants to create them. Those efficiencies can be seen in the markups monopolies can charge, and the profits they can make. If a monopoly has a 50% markup, that's just the "efficiency of scale."

But what is the actual shape of this "efficiency?" How is it manifest? The report's authors answer this with one word: power.

Monopolists have the power "to extract wealth from, to restrict the freedoms of, and to manipulate or steer the vastly larger numbers of losers." They establish themselves as gatekeepers and create chokepoints that they can use to raise prices paid by their customers and lower the payout to their suppliers:

https://chokepointcapitalism.com/

These chokepoints let monopolies usurp "one of the ultimate prerogatives of state power: taxation." Amazon sellers pay a 51% tax to sell on the platform. App Store suppliers pay a 30% tax on every dollar they make with their apps. That translates into higher costs. Consider a good that costs $10 to make: the bottom 50% of companies (by size) would charge $12.50 for that product on average. The largest companies would charge $15. Thus monopolies don't just make their owners richer – they make everyone else poorer, too.

This power to set prices is behind the greedflation (or, more politely, "seller's inflation"). The CEOs of the largest companies in the world keep getting on investor calls and bragging about this:

https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power

The food system is incredibly monopolistic. The Cargill family own the largest commodity trader in the world, which is how they built up a family fortune worth $43b. Cargill is one of the "ABCD" companies ("Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus") that control the world's food supply, and they tripled their profits during the lockdown.

Monopolies gouge everyone – even governments. Pfizer charged the NHS £18-22/shot for vaccines that cost £5/shot to make. They took the British government for £2bn – that's enough to pay last year's pay hike for NHS nurses, six times over,

But monopolies also abuse their suppliers, especially their employees. All over the world, competition authorities are uncovering "wage fixing" and "no poaching" agreements among large firms, who collude to put a cap on what workers in their sector can earn. Unions report workers having their pay determined by algorithms. Bosses lock employees in with noncompetes and huge repayment bills for "training":

https://pluralistic.net/2022/08/04/its-a-trap/#a-little-on-the-nose

Monopolies corrupt our governments. Companies with huge markups can spend some of that money on lobbying. The 20 largest companies in the world spend more than €155m/year lobbying in the US and alone, not counting the money they spend on industry associations and other cutouts that lobby on their behalf. Big Tech leads the pack on lobbying, accounting for 82% of EU lobbying spending and 58% of US lobbying.

One key monopoly lobbying priority is blocking climate action, from Apple lobbying against right-to-repair, which creates vast mountains of e-waste, to energy monopolist lobbying against renewables. And energy companies are getting more monopolistic, with Exxonmobil spending $65b to buy Pioneer and Chevron spending $60b to buy Hess. Many of the world's richest people are fossil fuel monopolists, like Charles and Julia Koch, the 18th and 19th richest people on the Forbes list. They spend fortunes on climate denial.

When people talk about the climate impact of billionaires, they tend to focus on the carbon footprints of their mansions and private jets, but the true environmental cost of the ultra rich comes from the anti-renewables, pro-emissions lobbying they buy with their monopoly winnings.

The good news is that the tide is turning on monopolies. A coalition of "businesses, workers, farmers, consumers and other civil society groups" have created a "remarkably successful anti-monopoly movement." The past three years saw more regulatory action on corporate mergers, price-gouging, predatory pricing, labor abuses and other evils of monopoly than we got in the past 40 years.

The business press – cheerleaders for monopoly – keep running editorials claiming that enforcers like Lina Khan are getting nothing done. Sure, WSJ, Khan's getting nothing done – that's why you ran 80 editorial about her:

https://pluralistic.net/2023/07/14/making-good-trouble/#the-peoples-champion

(Khan's winning like crazy. Just last month she killed four megamergers:)

https://www.thesling.org/the-ftc-just-blocked-four-mergers-in-a-month-heres-how-its-latest-win-fits-into-the-broader-campaign-to-revive-antitrust/

The EU and UK are taking actions that would have been unimaginable just a few years ago. Canada is finally set to get a real competition law, with the Trudeau government promising to add an "abuse of dominance" rule to Canada's antitrust system.

Even more exciting are the moves in the global south. In South Africa, "competition law contains some of the most progressive ideas of all":

It actively seeks to create greater economic participation, particularly for ‘historically disadvantaged persons’ as part of its public interest considerations in merger decisions.

Balzac wrote, "Behind every great fortune there is a crime." Chances are, the rapsheet includes an antitrust violation. Getting rid of monopolies won't get rid of all the billionaires, but it'll certainly get rid of a hell of a lot of them.

I'm Kickstarting the audiobook for The Bezzle, the sequel to Red Team Blues, narrated by @wilwheaton! You can pre-order the audiobook and ebook, DRM free, as well as the hardcover, signed or unsigned. There's also bundles with Red Team Blues in ebook, audio or paperback.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/01/17/monopolies-produce-billionaires/#inequality-corruption-climate-poverty-sweatshops

[drawitblargit]

"Melisandre had thrown back her cowl and shrugged out of the smothering robe. Beneath, she was naked, and huge with child. Swollen breasts hung heavy against her chest, and her belly bulged as if near to bursting. "Gods preserve us," he whispered, and heard her answering laugh, deep and throaty. Her eyes were hot coals, and the sweat that dappled her skin seemed to glow with a light of its own. Melisandre shone."

-A Clash of Kings, Davos II

[kevinfeiges]

Sacha Dhawan as Davos IRON FIST SEASON 1 (2017), created by Scott Buck

[ireton]

Rebel News Grills Pfizer CEO Albert Bourla About His Ineffective And Unsafe mRNA Shots Why did

[punishedsaints]

[nobeerreviews]

Please don’t expect me to always be good and kind and loving. There are times when I will be cold and thoughtless and hard to understand.

-- Sylvia Plath

(Davos, Switzerland)

[wparker6804]

[liam-twatter]

same as Hamilton and Vettel... at least for private jets and bikes

4) millionaires having the best food, want you to have insects .. 5) etc etc

[merrymarvelite]

Cover of the Day: Marvel Team-Up #63 (November, 1977) Art by Dave Cockrum, Frank Giacoia, and Danny Crespi

[girlactionfigure]

[vintageeurope]

Davos, Switzerland 1910/20