Sounds like someone’s previous policies led to a brain drain in their business and now he’s hoping other employers will blindly follow this rhetoric (and shoot themselves in the foot) so he can poach their employees for his company gain.
I’m fine with billionaires eating each other so we don’t have to.
You seem confused. Let me be clear:
I have no criticism for the Finnish Parliament or their choice of soft drink selection.
I have no belief that a government office cafeteria is equally as complex as a pension fund.
Now if you’ve made it this far, why are Finland choosing not to support Pepsi? Let’s look to the article:
The Finnish parliament will no longer carry Pepsi products as the American soft drink giant continues to support the Russian economy by continuing its operations in the aggressor country
So, from the article, the Finnish Parliament have taken a stand against Pepsi because Pepsi won’t cease operating in Russia. And Pepsi Co failing to stop their operations in Russia is bad. Right?
Still with me? Great.
Norway’s Sovereign Wealth Fund also isn’t ceasing their operations (by way of their investments) in Russia.
Again: where is the equivalent outrage? Why isn’t anyone taking a stand against Norway for not divesting? They said they would, but haven’t. The amount is pennies when compared to their other investments. So why are they hanging on to them? Why don’t they do what they said they would? And why isn’t anyone speaking out against them for failing to divest, especially while their former PM is leading NATO?
Hope that helps!
I did not. Happy to help!
My original comment (to which you responded) regarding the obligations of Pepsi Co were highlighting a critical comparison between a corporate drinks manufacturer and the pension fund. The Finnish Parliament can do what they like. If they’re doing it because Pepsi Co hasn’t fully pulled out of Russia, and thus Pepsi deserves to be shunned, what does Norway deserve?
If action is mandated for entities that don’t divest from Russia, then it must equally be applicable to all entities where this is true. Otherwise, hypocrisy.
Sure, but now tell me how the richest pension fund in the world, currently valued in the trillions, has such fiduciary obligation that it can’t divest ~$300 million of Russian investments.
Make it make sense.
And yet all the investments, their value, and what percentage of ownership the Norwegian Sovereign Wealth Fund possess are all publicly available on their website.
If I filter by ‘Russia’, they still show 51 companies. Today. Let’s look at their top five, which you can also view by accessing their own data.
Highest Percentage of Ownership:
Highest Amounts of Investment in NOK:
^ these alone = ~$185,140,710 USD.
What fiduciary obligations does a pension fund have that is somehow more complex, important, and forgivable vs obligations belonging to Pepsi Co?
Let’s break down that January 31, 2023 article once more:
1: The investments in Moscow listed equities dropped from $2.7 billion to a mere $300 million.
It would be laughably naive to think this is purely because they’ve been ‘pulling out’ of Russia. By all means, review the article and let me know if it states the exact reason for the decrease in value.
2: By December 31, 2022, Norway still had shares in 51 Russian companies.
It’s September 2023. If they were aggressively pulling out, wouldn’t they have zero investments by now?
Nice try.
How would the richest sovereign wealth fund in the world pulling out their investments from Russia bring about living in the freezing cold?
It isn’t as if Norway’s fund haven’t already said they would divest. It’s just that they haven’t taken any concrete action on what they promised for more than a year.
Why?
Who would collapse?
Again: The Norwegian Sovereign Wealth Fund still have active investments in Russia.
Where is the outrage for them?
According to this Norwegian publication in an article published January 31st 2023:
the Norwegian oil fund still holds hundreds of millions worth of shares in petroleum companies like Gazprom, Novatek, Bashneft and Lukoil
Even if the value of their investments lower, they still haven’t pulled out any from Russia. The investments could be worth very little, but they still have something invested in Russia.
Norwegian Government on February 28, 2022, ordered the Oil Fund to freeze all investments in Russia and prepare a plan for divesting with the goal of totally exiting the Russian stock market
What’s stopping them?
Can I still have a go if I change my name to Jeremy Corbyn by deed poll first?
Your assertion about the need for unanimous backing in a proletariat revolution is laughably simplistic. And I’ll kindly ask you to refrain from making assumptions about my own lived experiences, or anyone else’s for that matter.
Every revolution, every major movement in history, started with the bold few before swelling into unstoppable masses. Afraid of landing in jail? Understandable. But jail cells have a way of creating symbols that ignite larger flames. Ask yourself: can they really jail us all? Every filled cell will magnify our cause, not quell it.
As for the dire consequences you highlight, like ending up on the streets, let’s be clear: many are already there, with or without revolution. They’ve little left to lose and much to gain. And the belief that we’re just trying to care for our families under the current system? It’s doing a disservice to those already struggling, trying to protect their loved ones in a world that has been designed against them.
You mentioned “manufactured consent,” and that’s spot on. But think deeper: it’s manufactured. Crafted. Made to fit. And anything constructed can be deconstructed, redesigned, or outright obliterated. We aren’t simply passive recipients of this design; we’re conditioned to believe it’s the only one.
So while you’re trapped in a narrative of inevitability and compliance, I see potential. Potential in every oppressed individual who’s been underestimated. Strength. Resistance. Evolution. Life has schooled me in the harshest of ways, and I assure you, the lessons stick. We’re not just passively surviving this broken system; we’re actively challenging, adapting, and overcoming.
Remember, the heart of humanity isn’t so easily suppressed. Before you use words like “literally” again, reflect on this: maybe the real illusion is thinking we’re helpless in the face of the chains society has slapped on us.
I’ll leave you with bell hooks: There is an element of play in choice, an exercise of free will. One chooses to live through consciousness, aware and awakened.
Enjoy the debt babes <3
I’m happy to hold your hand.
Let’s begin!
What do you think would accomplish an end to the suffering you feel every day as a consequence of living in America? Fantasy or reasonable.
Just go with your gut.
Is that question wilful ignorance, or just regular ignorance?
Nice try, but no, your fantasy option is a non-starter: it wouldn’t accomplish an end to your suffering.
Keep thinking. I have faith in you.
What have people historically done when their government exists for the benefit of the aristocracy/oligarchs/billionaires while the people suffer, starve, and drown in poverty?
I sure do! Who said anything about Biden’s fault?
It’s your fault, and your peers.
Or perhaps you can tell me why you’ve decided that you’re happy living your life in crippling debt, desperately crossing your fingers for the branches of government to decide that they’ll finally afford you the very smallest crumbs of relief possible.
How much above the FDIC insurance threshold of $250,000 did the individual accounts of Silicon Valley Bank get bailed out for again?
Oh, and how much has been recovered for the $100+ billion balance of PPP loan fraud?
Curious.
BINDENOMOMICS SAVES THE FLAG
Which narrative is that?
And you still only got $20k.
Why not 40k?
Paying attention to what?
Oh you mean this:
Biden again rejects $50,000 student loan debt forgiveness plan
It’s really hard to keep track of all the debts Americans have.
Norway have a strong PR game, but their financial and geopolitical interests are pure filth.