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Dan Gillmor
@dangillmor@mastodon.social  ·  activity timestamp 2 months ago

The mutant version of capitalism we have now -- overwhelmingly tilted toward financial looters and their cartels -- is destroying community after community. This is deliberate, not an unintended outcome. Local hospitals are just one notably egregious example.

https://www.motherjones.com/politics/2025/07/the-landlord-gutting-americas-hospitals/

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Preston MacDougall
@ChemicalEyeGuy@mstdn.science replied  ·  activity timestamp 2 months ago
@dangillmor If we think the exploitation of the #poor and #MiddleClass is #unsustainable now, wait until the #billionaires rewrite laws to ensure they get the #ROI that #entitlements during the next fiscal year!

#Resist the #oligarchs in #USpol.
#ElbowsUp is not just for #Canada , eh!
🇨🇦 🇺🇸 💪

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⚯ Michel de Cryptadamus ⚯
@cryptadamist@universeodon.com replied  ·  activity timestamp 2 months ago
@dangillmor adding the #MPW hashtag (that's their ticker). this company is notorious with short sellers and the whole fiasco has been going on for a very long time (unfortunately).
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GhostOnTheHalfShell
@GhostOnTheHalfShell@masto.ai replied  ·  activity timestamp 2 months ago
@dangillmor

This is how private equity and hedge funds operate. It is a parasitic financial system that lives off of cannibalizing functioning businesses, and in this case essential health services.

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YourShadowDani
@YourShadowDani@mastodon.social replied  ·  activity timestamp 2 months ago
@dangillmor This isn't "mutant" anything, this is the end result of Capitalism
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Brokar
@Brokar@mastodon.social replied  ·  activity timestamp 2 months ago
@dangillmor One way to end this is to eliminate interest.
Once you can't make more money with money, people would have to actually work and produce something to generate value.
But that will never happen because the ones owning the wealth also profit from the current system more than anyone. Thus there is no intent to change anything. That's also why they helped getting elected an idiot who can be manipulated with money. That's what they have in abundance.
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Captainrob
@captainrob@mastodon.social replied  ·  activity timestamp 2 months ago
@dangillmor #nationalize everything. Utilities, housing, factories, farms, markets, all of it.
Take the owner class out of the picture. Then the people can work towards a way to organize it all for the benefit of all.
#endcapitalism#EatTheRich #workersunite
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Tim
@elset@mstdn.social replied  ·  activity timestamp 2 months ago
@dangillmor mutant? Sounds like the design expectation
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lin11c
@lin11c@toad.social replied  ·  activity timestamp 2 months ago
@dangillmor
Simple. We must forbid any hedge fund and private equity ownership of residential real estate, health care, education, natural resources, and much more!! Billionaire foreign investors are stealing from Americans. They are 20% of those profiting from the selling and stripping of all our assets. ☠️ This is what I found by a cursory search. I'm no expert or financial professional. It's probably much worse.
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Dan Gillmor
@dangillmor@mastodon.social replied  ·  activity timestamp 2 months ago
@lin11c Foreign? These thieves are mostly good old Americans.
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lin11c
@lin11c@toad.social replied  ·  activity timestamp 2 months ago
@dangillmor
Foreign billionaires are also making bank off our land and assets, especially in real estate. Although after the AZ Saudi Arabia water stealing incident more people are aware.
https://www.wsj.com/real-estate/la-vacant-homes-china-international-homeowners-ab30fa88?gaa_at=eafs&gaa_n=ASWzDAgqpmdXvLjHvT7rYlnfpSzbvhwxOFCHcao6q1ZC0iQQlFyb9nvm8ezdsP0esP8%3D&gaa_ts=6886d8dc&gaa_sig=GQgJsJTVkZM8gp_CkSNZYxVwqDneEuizL52p5ILr46Q34YSxTc0pMUNznhlD5VMOOb62UnzF_3kLoxymhwsLVQ%3D%3D
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Dan Neuman 🇨🇦
@dan613@ottawa.place replied  ·  activity timestamp 2 months ago
@dangillmor These looters are doing what the system designed them to do (it's happening in Canada, too, but so far a lesser extent). We have to change the system to make this looting impossible or unprofitable.
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