... in the 1930s, wealthy Germans who saw the Nazi party as a “battering ram” against trade unions and socialists were persuaded to overlook Hitler’s antisemitism because it allowed the market system to flourish."
... a lot of German elites said to themselves: we’re quite happy funding Hitler because his street fighters will help crush the trade unions, so that we can make more profits.”
“But the four men who rode atop the wave of the Gilded Age were Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan. Their business activities during the final four decades of the nineteenth century drove America’s ascension into the most powerful industrial nation on the planet. And they shaped the rules that governed the US economy for decades to come.”
Though of course, sanctioning less developed countries like Cuba, Venezuela, DPRK, and Afganistan does successfully greatly harm their working-class population, and it has.
"Against the backdrop of the threat of war with Persia and an imminent Spartan invasion which resulted in the overthrow of Hippias (510 BCE), it is considered that a political transition occurred because Greece was both geologically and politically disposed to adopt this labour-intensive silver technology which helped to initiate, fund and protect the radical social experiment that became known as Classical Greece."
"In particular, I make a response to Wood’s suggestion in Archaeometry (2022, first view, ‘Other ways to examine the finances behind the birth of Classical Greece’) that the end of the production of lead votive figurines in Sparta might have been caused by Athenian restrictions to Laurion lead exports, drawing on new LIA of the Spartan lead votives and wider considerations concerning the trade, cost and volume of lead in the 7th to 5th century bce Mediterranean."
"We have documented more than 200 relative values of gold and silver across almost 3000 years (2500 bce–400 ce) to establish value benchmarks for essentially pure metal. Our aim is to improve understanding of ancient economies by enabling regional and temporal comparisons of these relative values."
"We have documented more than 200 relative values of gold and silver across almost 3000 years (2500 bce–400 ce) to establish value benchmarks for essentially pure metal. Our aim is to improve understanding of ancient economies by enabling regional and temporal comparisons of these relative values."
"The following review of the archeological and document evidence indicates that three events occurring in the first half of the first millennium BC trigger the emergence of a specialized and integrated classical economy after 500 BC: (i) growth in demand for silver as a medium of exchange in economies in the Near East; (ii) technical breakthroughs in hull construction and sailing rig in merchant shipping of the late Bronze Age; (iii) perfection of ferrous metallurgy into the European hinterland."
Elon's "extremely hardcore" toxic work culture means people are forced to take Adderall without a prescription to meet their workload. Just ask SpaceX employees.
"Some SpaceX workers resorted to taking Adderall to keep up with the pace of work at the company's launch facility, and others found themselves falling asleep in the bathroom during long workweeks, a recent Reuters investigation found.
"Travis Carson, a former SpaceX worker at the company's facility in Brownsville, Texas, told Reuters some workers took Adderall — a stimulant designed to help people with ADHD improve their focus and concentration levels — without a prescription to keep up with the pace of work."
🤔 A #robot capable of learning and making decisions about actions to take could be the first step toward the development of entrepreneurial robots, i.e., #AI-driven robots capable of founding and managing new #startups and #businesses. How would the #economy and #finance change if this were to happen?
Ukraine war: G7 threatens sanctions if Iran sends Russia ballistic missiles (www.scmp.com)
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