This is really bad for Spain/EU. There are 2 posibilities. 1) A coallition of 7 parties who lost the election. Some of them are far-left and the others are working to leave Spain. 2) New elections at the end of the year.
Review your sources because VOX is not fascist in any way. It’s considered far-rigth by some media because they defend the traditional family and inmigration controls, but they are democrats and they want a strong nation. You can’t say the same thing for the independentists.
I’m Spanish too but I don’t vote for any party. If VOX are fascists I hope you call the far-left parties comunists + fascists too. If you don’t see it that way, you’re just whitewashing them and spreading their propaganda.
I don’t think “whitewashing” is the word you were looking for, I don’t see how racism has anything to do with this.
Vox are against basic human rights, misogynists, racists, homophobes, etc. I’ll remind you the recent controversy where they said an “immigrant” committed some murder when it was in fact two Spaniards that did it. They support Franco’s dictatorship, they want to go back to having women with no rights depending on their husbands for literally anything. They want to get rid of all the groups of people they don’t like, although they don’t openly say it like that. They are friends of wealthy people (who give them fundings) and have their best interests in mind, not those of the common people. They want to get rid of public healthcare, of pension funds, and other types of social benefits. They don’t care about the environment or global warming.
Meanwhile, the “communists” are trying to eradicate violence against minorities, giving more rights to people and they’ve economically done a good job. And they have done nothing that is even remotely “communist” (please give me a counterexample).
I don’t want to spend time defending VOX because I don’t like them. Some of the things you said are right but exaggerated. They want stronger laws against crimes and illegal immigration, it’s not against human rights. Franco’s death was 50 years ago, please move on, Spain is a totally different country now. The friends of wealthy people are PP and PSOE (or any with politic power). They are in favor of universal free education and universal free healthcare, but the services must be provided by private companies because it’s more efficient than public employees.
Please do not insult my intelligence saying the people has more rights and economic well being with the “communists”. If you really live in Spain I don’t have to explain you that the economy is worse than ever. You are poorer every day even if you don’t know the data. Spain was the 8th most rich country per capita in 2005, close to France and Italy. Now we are 36 and going down => en.wikipedia.org/…/List_of_countries_by_GDP_(nomi…
The communist try to solve all the problems with
laws that limit the individual rights and the personal property. you own nothing, the state will give you the things you need as long as you vote me
tax to the wealthy and private companies. i could agree, but if you earn 30.000€ / year you are considered rich. That’s 1500€ * 14 months. if you earn that you are not rich by any means but they want to tax you to death. we have few companies and few wealthy people, soon won’t be anything to tax
public workers and state owned companies. sumar/podemos has in his electoral program state owned banks, state owned houses, state owned utilities, state owned transport, state owned pensions, state owned education, state owned health, state owned news/tv
They want to apply in Spain the policies that have failed in all communist countries. All of them very democratic and Sumar supports them.
I’m German and I can tell you that the state-owned vs private discussion is quite complex. In Germany the train, post service, telephone/internet, and many more things were state-owned not to long ago (about 20-25 years most of them). Nowadays many of them are private. The train is expensive, run down and horribly unreliable. The CEOs have salaries going up to almost a million Euros per year. Our health system is the 2nd most expensive one in the world and it’s quite a shit-show. Mobile internet is expensive, even though there is some competition in that market.
There are simply things that shouldn’t be optimized to make the biggest profit but to profit the people! Education, health and housing are good examples.
That’s a competition problem. If its a monopoly and you just change the owner you are not solving anything. The state job must be guarantee the competition, not to run all kind of business.
With the levels of corruption, unemployment and nepotism in Spain the less state the better., They want to run state owned business to give jobs to his familys, friends and politics. All state owned business here give really bad service and they lost hundreds of millions every year that are paid by all taxpayers, not just the users.
I’ve heard that everything the Taliban is doing regarding women is to stop them from being able to communicate with each other and therefore being able to meaningfully organize against their rule
Unilever has been under pressure to pull out of Russia, but says the situation is “not straightforward”.
Yes, what makes it complicated is that Hein Schumacher, CEO of Unilever, would get a smaller bonus if he didn’t support an attempted genocide. Just to repeat that for SEO purposes, Hein Schumacher and the board of Unilever support a genocide in Ukraine.
It mentions that women are already barred from visiting parks. I don’t understand that. Women could take their children to a park and I don’t understand their problem with that.
You mean the equivalent to Spain’s PP, the CDU? They’re “conservatives” (whatever that’s supposed to mean nowadays), but they’ve just announced, that they will cooperate with the Nazis on a “local level” (for now). History is a broken record.
It’s my fault guys, just the other day I was thinking of how they had never raised the subscription price (in my country), unlike Netflix, which felt like they were raising it every year.
Hard to be too upset about this. Everything’s getting more expensive, and I’m assuming music rights holders have been squeezing Spotify more and more. I’d love to go back to music piracy, but having an enormous library available at a moment’s notice is worth the extra dollar to me. I do have a pretty huge collection of video game music since the big N refuses to license their music
The right holders are mostly big record companies (who own spotify) that have songs that always make it into all the playlists. The Artists don’t get much out of it. Other streaming services like deezer offer a model that is more fair for indipendant artists.
They also have staff that needs to maintain / improve the IT infrastructure. And those workers also need a salary raise to keep up with rising inflation.
Do you think the songs just magically appear on your device?
Spotify has never paid a dividend, and a quick search points to that they have done a stock buyback once. I think it’s quite safe to say that most of the money does not go to the shareholders.
Most of the money goes to the rights holders, which incidentally happen to be large shareholders in Spotify, but this claim is disingenious.
No, i think hard working artists like me put them there, and pay for the ability to do so. I’m not saying people that work at Spotify don’t deserve a paycheck, i’m saying the artists need a larger one.
Artists do definitely get shafted when it comes to royalties. But let’s not pretend they don’t need to raise prices at this point. The last one was in 2011, which means that they were probably burning investor’s money to be able to afford that.
Netflix cracking down on password sharing, reddit’s API changes, every streaming platform raising their prices, YouTube fighting against adblockers and potentially charging creators for visibility… the list goes on and on, and it seems to be coming from every direction all at once.
Am I missing some huge financial change in the tech investment sphere that has affected Silicon Valley (ie. freakout due to the SVB collapse)?
Or is this just a case of companies seeing each other get away with squeezing consumers, and following suit?
All of them are built on venture capital and borrowing money used to be “free” so investors were fine with borrowing with 0% interest and spending them on all the shiny tech projects. Now with interest rate being 5.25% they all of them all demanding return on their investment and companies that never in their lifetime were profitable are forced to come up with a way to make that money.
At the very least, profitable companies can maintain their valuation. Unlike, say, Twitter valuation which dropped to a third of what Musk pay for because it’s losing even more money after the takeover.
Interest rates are rising up globally, to fight global inflation, and the general feeling of a recession.
This is having several impacts in several ways. Mostly it comes down to VC (venture capital) and lending money being harder to get.
During the good time VC’s threw the net wide and invested in everything they could, knowing that only a select few would truly pay off. Well, it time for those investments to put up or shut up.
This is further having an impact on stock market and public companies. Previously potential has been seen as king. Looking for the next big thing, having lots of users etc. Now being actually profitable and surviving is going to be king.
Think of Tesla as riding this line nearly perfectly (and I’m no Elon fanboy). It rode the potential wave hard, it’s stock price soared, they were the first player in electric cars. They would have an edge on everyone! Then they started plummeting as markets saw the looming interest rates. Then they posted some profitable years, and are soaring again.
I recently read a pretty interesting take that a lot of this started because Silicon Valley Bank failed, and now all these companies have to do something they haven’t really had a necessity to do before — to make profit.
And all of them aren’t run by business geniuses as previously believed, on the contrary, most of the leaders are so disconnected from reality that they genuinely have no idea what people want in a service, they can’t take feedback or advice because “they know better”, and all the other stuff that comes with that.
So they do what they think is right, while missing the whole point of the product they are so desperately trying to make profitable.
Look at spez’s “we’ll stay profit-focused until profits arrive” and Musk’s rush to get at least some ROI on his $44 bn middle age crisis toy.
The global oligarchy has decided its time to reap the latest round of fiat money purchased real goods.
We’re getting a twofer because they want to reassert their dominance over labor since we’ve gotten uppity due to the covid money.
It’s taught as the “business cycle” as if it’s some kind of natural thing that’s not driven 100% by those who imagine the imaginary value of our fiat currency.
They raised the price by 1 whole dollar after however many years and y’all are acting like it’s the tech apocalypse. This is hardly on the same scale as what Netflix is doing.
That reason is wages not keeping up with inflation. Eg, if the US min wage kept up with inflation, it’d be something like $25/h (vs $7.25 federally today). I think you’d be able to afford an extra buck a month for music if you got paid that much more. And that’s just inflation. Don’t look up tying it to productivity cause that’ll just be sad.
The market. With the post covid shift, the market is asking for profitability over growth. So like every company public or wanting to go public is more interested in profitability.
My company went public a few years ago and we felt similar pressures from the market starting earlier this year maybe before.
Aside from the VC funding that others have mentioned, being a publicly listed company means that there is a never-ending pursuit for increasing profits. Investors who buy stocks want to see a positive return. The problem with some tech platforms is that their product / service offering is already ideal, so their choices are to either spend money to innovative and build something new (risky!) or simply raise prices. Subscription pricing is ideal because it provides a consistent revenue base and allows the company to forecast what revenue is likely to be in the future.
Well, spotify may online take 30% but they funnel.most of the money to their owners, the big record companies.
And 30% is not like the 30% steam takes. If you stream only my songs (yes, I’m on spotify) for a whole months, maybe every day 10 songs that makes 300 streams a month, each for 0.2¢. All in all 60¢. The remaining 6.40$ of the 70% of 10$ go to the most streamed artists you never heard…and these artist only get small cuts from theur labels.
Yeah, this is my go-to for all forms of content creator. If I really like a band, I’ll see them in concert and/or buy random merch. If I really like a YT creator, I’ll buy their merch or send money directly with Patreon or whatever they use. If I really like a Twitch streamer, I’ll send money to them directly.
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