Late-stage capitalism is destroying the entire country>In a rushed process exempted from normal rules, the Army hired General Dynamics, which brought on a Turkish subcontractor with little vetting, to make artillery shells. Despite being paid $533 million, General Dynamics did not produce a single usable shell at its new factory and has not been held publicly accountable. Since the Army halted two production lines at the factory, the General Dynamics unit responsible for the debacle has received contract awards totaling $2.5 billion.>"It’s an absolute disaster," said one former official in an Army office supervising the project. "The Army should’ve gone after recovering money from General Dynamics," added the official, who, like others interviewed for this story, spoke on the condition of anonymity. https://www.propublica.org/article/general-dynamics-artillery-factory-failed
>>540885761They were waiting for rare earths from China
Meanwhile in Russia they are producing 80.000+ Geran drones per year. The entire factory was built from scratch in like six months. They brought over six thousand North Koreans to build it.
>>540885761Musk, Trump, and the oligarch billionaires they represent are right. Americans can't work. For their empire and fortune to survive they must import foreign workers and Indians.
I'll produce nothing for a mere $5 million.
>>540885761>Turkish subcontractorif it's one thing american businesses love, it's subcontractors subbing out contracts to subordinate entities who also subcontract. it's just more efficient from a business and economics perspective, okay!!!!
>>540885761>Late-stage capitalismopposite in fact. Nothing capitalistic about this.
>>540885761>Late-stage capitalismwhat do you think this means?
>>540886091>company fails to produce results>lack of regulations yields no accountabilityhow is this not capitalism?
>>540885761This is just normal MIC problems that shows the Last Supper (1993) was a huge mistake.We werr right to shut this shit down. And we *should* get the money back.Either that or GOCO the factories.
>>540886228Because generally as a customer, you go to the market and say I need to buy shells, then they offer them to you at a price. If they fail to sell them to you, they don't get paid. See the difference? Someone got paid without producing anything, which isn't capitalism.
>>540885936Russia knows to kiss Xi for the components for his weapons. Also those norks went to university in China thus learned the ways of fast building and combined with the nork racial tunneling.
>>540886433Are you retarded? Go look up what a tender is.
>>540886433>Someone got paid without producing anything, which isn't capitalism.multi-element purchase commitments with prepayments are fairly common in sophisticated industries. one example off the top of my head is nvidia, with billions of dollars of prepayments and commitments on its balance sheet.why are you saying what capitalism is or is not when you have no experience with any of this? what do you do for a living? i work in corporate accounting managmeent at a very, very large company.
>>540885761You commies had been talking about late-stage capitalism since the 80s, and yet the soviet niggers fell first. Is this communist cope?
>>540886433>which isn't capitalism.Hence the "late-stage" part
>>540885761artillery shell company get it ? shell company !?HAHAHAHAHAHAHAHAHA
>>540885761Why are you so useless
No-bid contracts isn't capitalism.Most problems in the American economy are the result of failing to break up monopolies.
MIC needs to be state owned with no profit motive
>>540886877yeah it should have been lowest bidder contract, which incentivizes even more cost cutting but also would NOT incentivize subcontracting to turkish firms because... because it just wouldn't, okay?
>>540886675>mfwactual German humor, I'm thoroughly impressed
>>540885761the Military can't even product artillery which we have been doing for almost 200+ years What the fuck is this country doing
It's DEI from the obama era. This is a African army now.
>>540885761actually they produced like 30k shells. none of them passed the army's basic tests though. they all probably got sent to ukraine lol.
>>540886091>Private company has enough power to meme a government into spending half billy for nothingOn the contrary, thats peak capitalism.>>540886129Lenin (the century old mummy) coined the term to refer to imperialism being life support of capitalism.
>>540886675So nothing is wrong and the shell company produced exactly what it was meant to. Kikes stole the money and get to blame turks for it.
>>540886433Not understanding production and manufacturing is one of the major reasons NATO is losing the war in Ukraine
>>540886675kek
>>540887401>2 weeks and won't do shitgrim, death to muttmerica
>>540885761>No sanctions were imposed on the Turkish subcontractor that supplied equipment to the plant either.>went with roaches>losthmmmm
>>540885761And how they would produce it exatly ? America lacks everything, from tools and instruments to infraestructure and machinery lol the desindustrialization and chinkfication of the West is real, you can thank you greedy and traitor elite and jews for that
>>540885761"Nothing" is not enough I suppose.
>>540886002Sorry, but we need someone who can produce less than that for more.
The whole bureaucracy is riddled with nonwhite incompetence
Holy shit.>Turkish engineeringNot sure if the machines really are fundamentally defective/unreliable or if the workers just didn't know how to get them to work properly.It seems like the machines from Turkey were not TURNKEY haaaaaaaaThe US keeps trying to do this. Transplant factories from foreign companies into the US to create jobs. I always thought it would be difficult. There's a "culture" around factories. People who know how everything really work. Knowledge developed over decades, passed from worker to worker.
>>540888389oops, pic
>>540886614And yet, if you want to go buy a bullet, you can go buy a box of bullets. If you're trying to build an industry, that's not capitalism per say, that's trying to build a business. Government paying some buttfuck moron to go produce an industry is retarded. You put out a contract that says I need 10k artillery shells by X date for Y price and people bid till they get it. They finish the deal and get paid, that's capitalism. Anything else is extra steps you tossed in for your own edification.
>>540888535what do you do for a living?
>>540886614Then you could go with a reputable dealer. Whoever just gilliganed this shit should be taken off the bid list forever. You fuck around, you find out. And yes, like >>540886614 said, you get paid for product that you deliver. At the most it should be half now half at the end, and even then that is again, to a reputable dealer who has consistently shown progress and trustworthiness to deliver.Of course now tis all who can kick back who. I think there ought to be financial audits on everyone involved to see where they are getting their money from because it sure seems like someone took their cut and is hoping no one looks too deeply into the situation. Just another punch down from the overseer class I guess.
>>540888769whoops meant >>540886614in previous post to be >>540888535>>540886614This faggot here is part of the problem if he works in corp accounting and thinks its okay to not deliver on products because thats just the way its done. The way its done is obviously not working and allowing for millions, hundreds of millions apparently, in funds to just disappear in a puff of smoke.Since you work in the business, what happens if you lose 500 million dollars? I bet they cut off your head.
>>540885761Scammers got scammed. Good, fuck em.
>>540888853>This faggot here is part of the problem if he works in corp accounting and thinks its okay to not deliver on products because thats just the way its done.i didn't say that. can you read? i said complex agreements are common in sophisticated industries, as a matter of fact. i didn't justify the failure of contracted entities to uphold their hand of the agreement.
>>540886228>lack of regulationsImagine being this fucking dumb that you actually believe there are no regulations
>>540888535those bullet companies are still using the machines the government paid for in wwii. now if you try to compete it you'll get some goofball with an underestimated price, he'll struggle to ever produce anything and you still won't have your shells
>>540885761How many more times are you gonna spam the same thread?
>>540888389And we exported that knowledge to china for some quick line go up.
>>540886228This is the government buying it. look up what socialism is
>>540885761>late stage capitalism reddit. go back.
>>540886228This is the government buying it. Look up what socialism is.
>>540889526>socialism is when the government doesnt punish private industrythis is your brain on 60 IQ flyover discourse.
>>540888233I'll be an active hindrance for $10 million!
>>540889297Then you don't pay them and you blackball them, destroying their "company" which they then bankrupt. Just cause this country is run by retards doesn't mean it can't be done in a sensible manner by someone else.
>>540885761>COMPANY THAT PRODUCED NOTHINGI have extensive experience doing this. How do I get a US Army contract to do nothing? I promise to make fat campaign contributions to many politicians.
>>540885761Post the Indian CEO and their DEI coworkers!
>>540886002>doesn't know how kick backs work.>>540888233This anon gets it
you could slash the Pentagon budget by 95% without affecting 1 single real aspect of military power
>>540885761>Turkish subcontractor
>>540886675>>540886675ROSENCARLOSSPUNKENBAHN!
>>540888959Sorry, chief, i quoted the wrong quoteable.
>>540885761>Late-stage capitalismDidn't Marx use this term over a century ago? How long is this late stage meant to last before whatever you think is going to happen will happen?
>>540890632Yes, he did. We have been in late stage capitalism since he was alive. Peak oil is the same concept with a green twist.
>>540886129It's just noise that the mentally ill make. It's a sign that you should just ignore them because they're too retarded to understand your words
>>540890583It must feel like crap when he does all that for a girl ahead of you then you expect the guy to do the same to you but he just gived your the icecream. May such cases
>>540890632>the problems with capitalism have been getting worse for the past 100 years or soYeah, that sounds about right
>>540887357My guess is Israel. The US has lost all foot holds in the region and is being concentrated in Israel. Big happening on two more weeks.
>>540891388>haven't lived under capitalism for 100 years but somehow capitalism has gotten worse for 100 years
>>540891388 literally everything is cheaper and better now. A shitty AM radio in the 1920s cost as much as a macbook pro does today.
>>540891666learn to read, nigger. books exist. records exist. it is possible to learn about how things were before you were born.
>>540891865you mean when you would die from a minor infection?
>>540891782>the new technology of the 1920s cost as much as the new technology of the 2020s costs todaywaow
>>540891905I said 100 years ago. Not 1000 years ago. Goddamn you niggers really are illiterate....
>>540886433>Someone got paid without producing anything, which isn't capitalism.That is literally the definition of the bourgeois
>>540885986>which brought on a turkish subcontractor
>>540891966Antibiotics werent common until after ww2.
>>540886614Nvidia was NOT given a fab. They funded built it, had it running, THEN got prepayment orders as no one believed theyd be able to produce chips until after they could actually produce them. You are mistaking how mature industries operate with nascent industries. No one in capitalism will ever drop a half billion on a hole in the ground in the form of preorders. Unless we BUY the company that is, therefore derisking the endeavor.
>>540891666the federal reserve has nothing to do with this story. there are countries all over the world with central banks who don't do stuff like this. conservatives will literally do and say anything and blame anything they can except for actual people who implement policy. that is why all of their ire is always directed at institutions, it's to let the people who abuse or misuse these institutions off the hook so a new institution can be set up or the existing ones abolished and the people who were scamming can go right back to scamming.
>>540886002You have to be Jewish to secure a deal like that anon.
>>540887850Yeah, we all explained here how right after the war began it was critical to spin up mining, refining, milling, manufacturing, and explosives productions RIGHT then. And they could secure manpower by nationalizing the homes blackrock et al own, and use them as performance rewards.Instead they did just as we predicted:>throw billions at the MiC>get nothing more in return>throw billions at scammers claiming to build factories>get nothing in returnBecause losing the war is less important than keeping the graft running.
>>540885761i think this is actually an example of public procurement failingThis is due to the military not having an incentive to save moneyIf the military isn't scrupulous, then thry just invite gouging
>>540886228I don't think regulations are what's needed hereWhat's needed is for the military to massively tighten up the purchase contract and a guy who monitors the purchase over it's entire lifetime, threatening the contractor if necessarythe military should include clauses in the contract that enable the guy to threaten and punish the company for substandard behaviour (since we are relying on a contract, it's not tyranny)But ofc the military perhaps doesn't care about wasteful spending. Perhaps the military contractors have so much bargaining power, they have free-reign?
>>540886502I wonder if we could build a geran-type drone with VTOL capabilities if we piped the engine exhaust to the ailerons. The engine exhaust noise could be muffled somewhat and then it would be directed to provide counter-torque to the engine for a vertical take off and landing capability
>>540893178I think the lack of in-house productive capacity and in-house skilled work force is the bigger red flag. Far too much was outsourced to the private sector and this is the predictable result. This is exactly why capitalists advocate for privitization in the first place -- they want to degrade state capability and state capacities so they don't have any competition.Of course, this doesn't make any sense when you think about it for a few moments as the State is the origin of the currency. Why shouldn't it have tremendous productive capacities? It can't be outbid for anything priced in its own currency and it would get its workforce from the same place the private sector would: the general population. So really this is the long-term result of nonsensical privitization propaganda and the abrogation of the State's duty.
>>540886675lol
>>540892155what are you even talking about? if you want another example, look at nuclear reactor construction, specifically the virgil c summer project.
>>540893479Slimey sciccors
>>540886082>if it's one thing american businesses love, it's subcontractors subbing out contracts to subordinate entities who also subcontract. it's just more efficient from a business and economics perspective, okay!!!!The general who proposed it was a Turkish American.
>>540885761>make deal with Kurds>nothing comes out of it>make deal with Turks>nothing comes out of it
>>540893430What are the benefits of that?
Technological Evolution of Mankind, war is obsolete, bureaucracy obsolete, politicians obsolete, brick and mortar schools that are just unon shops wielding political power via money- obsolete, etc. Need a new operating system name for the tech era. All polyester mannequins talking into mics for clapping 'regular' people mothball. Not a single person on earth needs to hoist up a human primate as important or leader any longer. Last gasps of olds warring. It will be horrific but once it is complete a new era arises. DC white buildings museums.
>>540893464having some public industry would give the public procurement team some bargaining powerBut manufacturing is pretty capital intense, I'm not sure the state could afford to do it. Even if you have a public industry for small arms, you'll get stiffed on fighter jets.I'm reminded of that small van manufacturer that got a contract and ended up becoming a leading military vehicle contractor. Perhaps the military should be more proactive in persuading and grooming domestic SMEs to do miltechAhhh but I guess that leads to your point about offshoring.So I guess offshoring removed an external economies of scale that buffed domesting manufacturing as a whole
>>540889417With jews at the head of companies whose sole motive is profit seeking for other jews and/or israel, this is the inevitable result
>>540891966>I said 100 years agoRight and 113 years ago, the US constitution was dissolved and we were converted to jewish bolshevism. So we haven't been a capitalist country for over 100 years but somehow capitalism has made things worse for 100 years.
>>540893826>I'm not sure the state could afford to do it.Huh? The State issues the currency. I'm not following your logic in the slightest. You don't actually believe that the issuer of the currency needs to get its own money unit from the capital markets or the taxpayer, do you?https://www.youtube.com/watch?v=mODnz8DnhCQ
>>540893782Can be launched any time by anyone anywhere at anything. Think of it as open source intel, but with teeth
>>540885761>"Waaaah please stop splatting our islam faggots!"Sign at the dotted line and fulfill your part, the you will have peace rather than pieces.
>>540894118Geran launch platforms are small and Russians can launch them off pick up trucks
>>540894361literal orc tech
>>540893965the state can make more money, but doing so can boost inflation, in turn disturbing the bond and forex marketshence I think the government can't shell out that muchI guess an argument can be made that building factories isn't particularly inflationaryThe case is different for the US because you guys have the petrodollar so you can print a lot more money before it devalues the dollar
>>540894423Its moreso that everyone outside the US does business in dollars because every other currency is so shitty.
>>540894590true
>>540894377Das rite, elf boy
>>540886091Don't tell Americans that they are communists, Anon. It just pisses them off.
>>540887255The economic zone formerly known as America lost the technology to make WWI artillery shells. (and that's a good thing.)
>>540887376General Dynamics is a publicly traded corporation, anon. (They are not a private company.)
>>540886433But they got their shells just not the ones they were hoping for. Sorry no refunds
>>540894423>disturbing the bond marketReally, this is done as a favor to investors. It's not something any government actually needs to do operationally. This isn't a commentary on whether it is good or not.>I guess an argument can be made that building factories isn't particularly inflationary.Inflation is too much money chasing too few goods, so expanded production of real goods and services is always a good hedge against inflation. This does not mean there is necessarily the actual resources to bring it into fruition or that it would not create some inflationary pressure in particular labor or commodity sectors. Just that as a general rule, expanded supply is usually a good thing (unless maybe you're an existing asset holder and want to maintain high asset prices).
>brought on a Turkish subcontractor with little vettingDo you hate money, 'cause that's how you get rid of money.
>With a pocket full of shells...
>>540885761Hilarious where in a world you get killed for disrespecting a lunatic mean while some shady rat coward can steal +$500million and vanish "anonymity" lmao this world is a fucking joke
>>540885761We're funding jews and their lavish lifestyles.
Repkon has facilities here that they produce a million artillery shells and stuff. you niggers should have bought off the shelf. Kikes and Puccians will jump onto this story. Because this company produces stuff that kills russians. And their stuff will be used for eradicating kikes.
>>540885761>Late-stage capitalismit's just kike-stage capitalism
>>540885936Best Korea wins again
My response would be"Terrible shame General Dynamics. Anyways we're expecting that factory so you better get building. Out of money? You were paid so not our problem"
>>540885761the west has fallen, etc etc.
>>540885761
>>540886091>government outsources every single task imaginable to private companies>said private companies price gouge to maximize profits>said companies produce nothing because buying raw materials eats into their profits>erm this is communism because communism is when society is built to maximize private profits at public expense
It gets stupider the futher you read.
>>540886228because the government taking tax money from you at gunpoint and handing it to their friends is not capitalismyou don't even know what the word means, you're just a retarded nigger vessel to propagate retarded shit you heard in video essays from retards while your eyes glazed overKys and never post here again
>>540898121>capitalism is when something i like happens and it's NOT capitalism when something i don't like happensshut the fuck up you sub-retarded vantablack nigger beast
>lol
>>540898253Not what I wrote at all and I accept your inability to produce any argument to be a concessionGo be a golem on facebook where you belong
>>540898312>because the government taking tax money from you at gunpoint and handing it to their friends is not capitalismexplain how national defense could realistically be funded if not for involuntary taxation.
I half-expected this thread to be full of realization that the US government is literally siphoning half a billion dollars for funsies and instead of getting punished for this oversight they gave General Dynamics a $2.3 billion contract insteadBut it's full of lolbertarians and boomers protecting the sacred cow of capitalism and mindfucking themselves into seeing this as a fault of socialismGoddamn the west is so fucked. So truly and irreversibly fucked.
America is like if Rocky got to be 50 and he's still bragging about being #1 to everyone while not training anymore. Then one day China comes and challenges him. Because he's got that huge ego and the I cant lose attitude he accepts without training. He of course loses miserably, goes into depression and will never go out of his house ever again. That's what's going to happen. You got lazy fat and complacent.
>>540885761That money went somewhere. This is corruption.
>>540893506Ah, the most heavily regulated utility. One which explicitly does NOT sell into a capitalist market. (Literally they are run by the government and do t have freedom if action).And even there it is only built if the one funding it OWNS it. Hence this artillery debacle was NOT capitalist in the slightest.
>>540892300>the fact that we have a jewish central bank and are therefore by definition a communist country has nothing to do with this storyok retard
>>540898768>But it's full of lolbertarians and boomers protecting the sacred cow of capitalismThere's nothing to protect, we're just pointing out how retarded you are for thinking we live under capitalism
>>540900382if you don't have a central bank, you can't clear at par.https://www.youtube.com/watch?v=IONmEtphBwQ
>>540900268>And even there it is only built if the one funding it OWNS it. Hence this artillery debacle was NOT capitalist in the slightest.go read the article we're discussing, genius. general dynamics was given a contract to build a factory capable of producing a minimum number of shells per year. the shells produced were not covered by the contract dollars -- those would be incremental costs. it's very similar to a nuclear reactor being built, where the electricity produced by the facility is an incremental cost charged to customer. you are yet another example of an unsophisticated person who has little to no understanding of how business is done in the real world.
