NATO Stock Hawk @natostockhawk.bsky.social · 16/05/2025Trump is the most anti-American person I've ever seen. 030
NATO Stock Hawk @natostockhawk.bsky.social · 16/05/2025Space X - safety and environment are optional. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025That's a profound statement. Very elusive to define what is fair or equal (according to who/what). Great point you make. 000
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Becomes difficult in this thread chat structure to have these nuanced conversations. I value everyone's ideas here -- they are all good and I'm not saying mine are better ideas or more valid. I think through discussion we uncover good questions and hope you enjoy the discussion as well. 000
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025So for me: Economic justice, therefore, is not just about lifting individuals through hard work — it’s about transforming systems that trap people in poverty. It means challenging the structures that prioritize wealth accumulation for the few while marginalizing the many. 000
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025For King, economic justice meant creating guaranteed income, investing in public services, and eradicating poverty as a moral/social imperative. He believed economic inequality perpetuates racial/social injustice... the fight for civil rights includes a fight for living wages & fair labor practices. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025King famously stated: “What does it profit a man to be able to eat at an integrated lunch counter if he doesn’t earn enough money to buy a hamburger?” (Speech at the Southern Christian Leadership Conference, 1967) 100
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Also need to refer MLK Jr. Dr. King saw economic justice as integral to social justice, arguing that racial equality without economic security is incomplete. He called for a "radical redistribution of economic and political power" to address poverty, discrimination, and worker exploitation. 100
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025So for me, economic justice, from this view, means dismantling systems that concentrate wealth and power through corporate influence, wage suppression, and tax loopholes. It’s about empowering workers, guaranteeing basic rights, and creating systems that prioritize human welfare over profit. 100
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Great question. And subjective. So for me: “The primary principle of international order is that the rich men rule the earth. This principle remains constant regardless of ideology or form of government.” (Chomsky, Profit Over People, 1999) 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Hey Jimmy, it’s not about dismissing sources like Fidelity — it’s about recognizing bias and testing conclusions. It’s totally fine to use biased sources as long as we identify the bias and actively look for evidence that could disprove the claim so the theory becomes stronger. 010
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Simply labeling a source as “well-respected” isn’t enough — it’s about critically evaluating why that respect exists and whether it holds up to scrutiny. 000
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025The goal isn’t to find perfectly unbiased data (it rarely exists) but to develop conclusions that are well-framed, rigorously tested, and transparent about their own limitations. 100
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Including biased sources is valid — as long as they’re balanced with contrasting perspectives and critically analyzed. 100
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025That’s why ethnographic research emphasizes methods like triangulation (cross-referencing data from diverse sources), grounded theory (letting patterns emerge rather than starting with assumptions), and seeking falsifiability (actively trying to disprove one’s own hypothesis). 100
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025The point isn’t to dismiss one source over another, but to use methods that minimize bias and acknowledge it where it exists. 100
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025However, it’s not just about being skeptical of these sources. Even government data or peer-reviewed studies are not inherently free of bias. Government reports may reflect policy priorities, while academic data can be shaped by funding sources or disciplinary focus. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Dave Ramsey conducts his own surveys, but these are inherently biased because his audience self-selects — people who already follow his financial philosophy. His messaging often frames wealth as the result of discipline, ignoring systemic factors like education, networks, or inherited stability. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Fidelity is a financial services company whose data reflects the perspective of investors and the wealthy — promoting the idea that wealth comes from individual effort, which aligns with their business model. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Jimmy, I get where you’re coming from, but there’s an issue with relying on sources like Fidelity and Dave Ramsey without critically examining their biases. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025To critically assess wealth and social mobility — especially when analyzing claims about “self-made” millionaires or economic inequality — it’s essential to use credible sources and employ rigorous ethnographic methods. 210
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025I appreciate your openness, Videoguy, and I get where you’re coming from. But there’s something interesting happening here: in trying to challenge stereotypes about the rich, you’re actually creating one — the resilient, self-made millionaire who overcame hardship through pure effort. 010
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Repeating unverified stats from popular figures without critically examining their biases only strengthens misleading narratives. If we’re serious about understanding wealth, we need data, not feel-good stories. 010
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Phoenician is right to question the credibility here. Dave Ramsey isn’t an authoritative source — he’s a financial talk-show host whose advice often aligns with a neoliberal narrative: that wealth comes purely from hard work and discipline. 210
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025If we’re serious about discussing economic justice, let’s focus on the reality of how wealth is accumulated and preserved, not on loaded terms that deflect from the issue. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Most critiques aren’t about resentment — they’re about addressing structural inequality that keeps wealth concentrated at the top. Labeling it as hate just dismisses legitimate concerns and shuts down dialogue. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Jimmy, using the term “inherited wealth haters” unfairly frames the conversation. It assumes that anyone questioning wealth distribution is motivated by hate rather than a desire for fairness. How do we know people “hate” inherited wealth? 210
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025The real problem isn’t how one individual made it — it’s how the system continuously redistributes wealth upward, leaving most people stuck at the bottom regardless of how hard they work. Getting hung up on this stat just diverts attention from discussing the real structural imbalances. 010
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Thanks for being open to the dialogue — it’s important to challenge our assumptions and look at the full picture. 210
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025The myth of the “self-made millionaire” often overlooks these hidden advantages. Wealth rarely emerges from pure hard work alone; it’s shaped by access to resources, social capital, and existing privilege. Real economic analysis requires looking beyond anecdotes to see the systemic patterns at play. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025Moreover, a Bank of America Private Bank study showed that only about 27% of individuals with over $3 million truly came from lower or middle-class backgrounds without any significant family support. The other 73% had some financial help or grew up in relatively affluent circumstances. 110
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025However, not inheriting money is not the same as starting with nothing. Many of these individuals still benefited from structural advantages — quality education, professional networks, family support, or simply being born into stable middle-class environments. 210
NATO Stock Hawk @natostockhawk.bsky.social · 09/05/2025I appreciate your perspective, Jimmy. But the claim that “79% of millionaires started with zero dollars” is a bit misleading. That statistic originates from a study by Ramsey Solutions, which found that 79% of millionaires did not receive a direct inheritance. 210
NATO Stock Hawk @natostockhawk.bsky.social · 07/05/2025He's getting richer than ever from his side hustles and insider trading schemes that Congress allows. 0110
NATO Stock Hawk @natostockhawk.bsky.social · 07/05/2025Right but if Trump can give up his amazing career as CEO of Trump to serve America, American's can buck up and take on even more daily stress, depression, and despair. 020
Reposted by NATO Stock HawkThe Resister Linda Cardwell 🦋💙 @cardwell4u.bsky.social · 06/05/2025AOC for the win! 14416
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025We can and should build broad coalitions. But that has to include the working class — and they’re not mobilized by vague moral appeals. They’re mobilized when we name the forces gutting their futures. That includes class. 000
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025And clarity is necessary if we’re serious about defeating Trump — because Trumpism isn’t just about one man. It’s about the machinery of wealth and power aligning behind him. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025It’s not just a few bad apples; it’s a system designed to protect wealth and extract from labor. Calling that out isn’t “class warfare.” It’s clarity. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025Appreciate the dialogue too — seriously. But I’d gently push back: it is about class, whether we name it or not. “Behavior” doesn’t happen in a vacuum. The reason billionaires can act horribly without consequence is because of their class position — they control capital, platforms, and narratives. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025You give back — that’s commendable. But charity isn’t justice. A just system wouldn’t require exceptionalism or genius just to live with dignity. It wouldn’t demand people beat the odds — it would change the odds. That’s the real conversation here. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025People who have gone hungry, lived in their cars, feared medical bankruptcy, or had to choose between childcare and rent. That kind of suffering isn’t visible from the top, and without that exposure, it’s easy to mistake resilience in a privileged context for a model of fairness. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025You’ve also said yourself that you don’t study inequality and mostly know others in the 1%. That’s not a flaw — but it does mean you’re likely missing the experience of people who live under constant economic strain. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025Most of the 1% didn’t get there through grind alone — they benefit from systems that reinforce wealth once you have it, and make it nearly impossible to reach without it. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025Economists and political scientists would also point out: You operate in tech — an elite, well-networked sector built on decades of public investment (internet, R&D, education). Capital ownership, timing, and access to networks matter more than effort. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025So “hard work” becomes a comforting myth: it suggests that effort alone explains success and that those who don’t succeed simply didn’t try hard enough. That’s not just inaccurate — it’s unjust. 200
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025When people say “I worked hard and made it,” it often overlooks a crucial fact: most people work hard. Many work longer hours under far more punishing conditions — service jobs, care work, manual labor — and still can’t access stability. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025Really appreciate you sharing your story — it clearly reflects determination, intelligence, and persistence. But what you’re describing, while powerful, is an exceptional outcome — not evidence that the system works fairly for most. 100
NATO Stock Hawk @natostockhawk.bsky.social · 06/05/2025And that’s the real problem with talking about “merit.” It's not about effort — it’s about access, ownership, and influence. 141