Matt Taibbi

Rank 34 of 47

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Score -42

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@FluorescentGrey Do you think I was a poor writer back then? God you people are insufferable.

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No, lol, in the Soviet Union stealing was rampant at all levels of society, and bribery/corruption, as in all systems.

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Most of the Wall Street schemes I covered were scale versions of street cons. When mortgage originators sold securities with faked income levels, that was the old pig-in-a-poke scam. Unless you think “The Sting” is a comment on capitalism, not really about ideology…

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1d

Griftopia is a book about financial crimes - some very clever ones, in fact. It’s neither an indictment nor an endorsement of capitalism, and just describes various fraud schemes. But what do I know, I only wrote it…

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It’s in the DSA platform:

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I did rail against financial elites, but obviously you didn’t read closely, because the chief complaint of my sources (all other Wall Street players) was that banks like Goldman, Sachs were engaged in anticompetitive practices. The issue was corruption, not capitalism

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If the DSA is “hardly anticapitalist” in practice, why does it put “abolition of capitalism” in its platform?

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No, I’m just not in favor of abolishing capitalism. I never was.

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So the DSA platform doesn’t seek the abolition of capitalism and nationalization of industry? Or is that not radical?

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1d

Listen to This Article: A Pause to Chuckle at the Democrats' Tortured Mamdani Wigout
The victory of Zohran Mamdani in the New York mayoral primary swiftly moved Democrats to Denial, Anger, Bargaining, and Depression, but not Acceptance
https://www.racket.news/p/listen…