Ralph Nader once again assails Apple's stock buybacks

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Comments

  • Reply 81 of 90
    JWSCJWSC Posts: 1,202member
    apple2c said:
    “Back when the environment really was a disaster, and the bulk of the third world was living in abject poverty.“

    The planet's on fire and most of the “third world” still live in abject poverty!

    Glad to see Nader still active, challenging corporate power, and making cogent critiques.  The status quo still supports capitalist inequalities and greed over responsibility and community.

    Yea, damn capitalist Apple for indirectly providing toilsome factory jobs that you wouldn’t want to do to a million+ desperately poor Chinese subsistence farmers who were more than happy to get away from the farm and abject poverty, and who now earn enough money to send back to their relatives on the farm so they can eat properly and have enough money to get basic medical attention when they need it.  Horrible capitalist pigs!

    What universe do you live in?

    docno42
  • Reply 82 of 90
    JWSCJWSC Posts: 1,202member
    dysamoria said:
    ...libertarians, ...propaganda repeaters, ...conspiracy theorist commentators... idolize Apple for their stockpiles of money... "temporarily embarrassed millionaires" ... puritanical capitalist apologetics of anti-left commentators, ... using cartoonishly politically extreme language ....Is it all the money....
    Yikes.
    I second and third the motion.
  • Reply 83 of 90
    docno42docno42 Posts: 3,733member
    steven n. said:
    Capitalism has done more to lift billions of people out of poverty than any other economic system. 
    This can't be repeated enough since there seem to be so many who are grossly ignorant of it.

    Gap between the rich and poor?  The only people spouting that BS are either completely ignorant of history or perfectly aware of history and aiming to be on top of future history.  
  • Reply 84 of 90
    macxpressmacxpress Posts: 5,457member
    Who really give a shit what this dipshit thinks? He's really a has been, maybe a never was. 
  • Reply 85 of 90
    lmaclmac Posts: 204member
    I heard the interview. The guy still uses a Smith Corona typewriter. No smartphone, no email, no Internet. He has no idea what he's talking about. Nader has been a joke even since Bush vs. Gore.
    watto_cobra
  • Reply 86 of 90
    evilutionevilution Posts: 1,398member
    Ralph, if you are so shit hot at business, why do you not run the world’s biggest company and why have I never heard of you?
    People shouldn’t offer suggestions to others who are doing better than them.
  • Reply 87 of 90
    GeorgeBMacGeorgeBMac Posts: 11,421member
    JWSC said:
    ... Such buybacks and high dividends were not initiated by Tim but forced by activist shareholders trying to extract cash from the company.
    You can’t seriously believe that outside activists “forced” Apple management to initiate stock buybacks against their will.  That delusional.  They did push Apple management to take a serious look at it.  In the end Apple, and Apple alone, decides what is best for the company, its shareholders, and other significant stakeholders.
    LOL....  So, you changed what I said from "Activist Shareholders" to "Outside Activists" and then called it "Delusional".   Neat trick!  
  • Reply 88 of 90
    GeorgeBMacGeorgeBMac Posts: 11,421member
    JWSC said:
    apple2c said:
    “Back when the environment really was a disaster, and the bulk of the third world was living in abject poverty.“

    The planet's on fire and most of the “third world” still live in abject poverty!

    Glad to see Nader still active, challenging corporate power, and making cogent critiques.  The status quo still supports capitalist inequalities and greed over responsibility and community.

    Yea, damn capitalist Apple for indirectly providing toilsome factory jobs that you wouldn’t want to do to a million+ desperately poor Chinese subsistence farmers who were more than happy to get away from the farm and abject poverty, and who now earn enough money to send back to their relatives on the farm so they can eat properly and have enough money to get basic medical attention when they need it.  Horrible capitalist pigs!

    What universe do you live in?

    Your response had no relation to what he talked about -- and then you accuse HIM of living in an alternate universe?   ROFL....
  • Reply 89 of 90
    GeorgeBMacGeorgeBMac Posts: 11,421member
    docno42 said:
    steven n. said:
    Capitalism has done more to lift billions of people out of poverty than any other economic system. 
    This can't be repeated enough since there seem to be so many who are grossly ignorant of it.

    Gap between the rich and poor?  The only people spouting that BS are either completely ignorant of history or perfectly aware of history and aiming to be on top of future history.  
    History includes war, starvation, oppression, epidemics, genocides, abject poverty etc...   The middle ages of feudal lords and, later, slave owners and indentured workers, is the epitome of capitalism.   The pinnacle.  

    We mitigated those abuses with democracy, human rights laws, the right to organize and a bit of socialism. 

    If you're going to use history as the basis for your argument, you should include all of it rather than cherry pick the parts you like.
  • Reply 90 of 90
    I agree with Nader. He's on point.
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