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Joined 3 years ago
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Cake day: August 12th, 2022

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  • Corporation takeovers. From what i could find, the most expensive ever was 1999 takeover of Mannesmann by Vodafone Airtouch plc at $183 billion ($334.7 billion in 2024 dollars).

    Fun fact, in 193 CE Didius Iulianus bought the Roman Empire (or more accurately the emperor position) for roughly 1 671 480 000 dollars. Very roughly since we don’t exactly know how many praetorians there were so you might cut that number by half, and the calculation is by silver price. Also, he was soon murdered by the same people who murdered his predecessor and sold him the empire when someone with an army and know how to use it shown up (Septimius Severus). Alas.

    Most expensive single thing ever would be ISS at over 150 billion.

















  • The problem is that the conclusions of Marxist economics point to it being unquestionably correct to move beyond capitalism and into socialism

    It’s even earlier, Marx himself noted that conclusion of LTV itself is socialism and indeed all the economists basing on Ricardo’s work arrived at this point. Marx was just completely conscious in his tries and used dialectical materialism unlike others to develop a scientific socialism, thus his theory was the best one. He also noted that this necessity was why the pet economists of capitalists needed to take a step back and turned mainstream political economisc into the superficial justifications of capitalism, that happened with J.S. Mill Junior iirc.