Late-Stage Capitalism

[Wales-Bales]

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[Coyote]

Re: Late-Stage Capitalism

They hate the consumer classes, and will squeeze and squeeze them until there is nothing left. The cost of living should be the priority for any sane government right now, but they're all bought out by the oligarchs and ultra-capitalists.

[Dorcus]

Re: Late-Stage Capitalism

They hate the consumer classes, and will squeeze and squeeze them until there is nothing left. The cost of living should be the priority for any sane government right now, but they're all bought out by the oligarchs and ultra-capitalists.

Capitalism will eat itself in the end. Just before the inevitable collapse only a tight knit, incestuous, all powerful cartel will remain and every living soul will be at it's behest. Mega (unbelievably so) rich individuals will eventually turn the World into a totalitarian dystopia, engineered to satisfy the whims of a capricious few.

It's our worst nightmare 🔮

[Feedback]

Re: Late-Stage Capitalism

someone described capitalism as the system where your work makes your boss rich so you can then go home to make your landlord rich.

[Dorcus]

Re: Late-Stage Capitalism

someone described capitalism as the system where your work makes your boss rich so you can then go home to make your landlord rich.

.....and then your wife rich

[Feedback]

Re: Late-Stage Capitalism

.....and then your ex-wife rich

FYP :hehe:

[JamesWales]

Re: Late-Stage Capitalism

Capitalism will eat itself in the end. Just before the inevitable collapse only a tight knit, incestuous, all powerful cartel will remain and every living soul will be at it's behest. Mega (unbelievably so) rich individuals will eventually turn the World into a totalitarian dystopia, engineered to satisfy the whims of a capricious few.

It's our worst nightmare 🔮

You've actually described post war communist societies pretty well there.

I don't think the problem is capitalism tbh. The amount of people in the world delivered from extreme poverty in the last few decades is unprecedented. The problem is the excesses of capitalism that come from globalisation. Which also delivered massive benefits to us all, but it made the owners wealthy on an international instead of national scale.

I don't think communism, socialism, communalism, whatever other systems may exist have had their day, but I think it would take a cataclysmic collapse to bring in that.

A bigger crisis is probably democracy rather than capitalism.

[Feedback]

Re: Late-Stage Capitalism

You've actually described post war communist societies pretty well there.

I don't think the problem is capitalism tbh. The amount of people in the world delivered from extreme poverty in the last few decades is unprecedented. The problem is the excesses of capitalism that come from globalisation. Which also delivered massive benefits to us all, but it made the owners wealthy on an international instead of national scale.

I don't think communism, socialism, communalism, whatever other systems may exist have had their day, but I think it would take a cataclysmic collapse to bring in that.

A bigger crisis is probably democracy rather than capitalism.

yeah, lets get stop the proles voting, what do they know any way :ohwell:

[JamesWales]

Re: Late-Stage Capitalism

yeah, lets get stop the proles voting, what do they know any way :ohwell:

Most definitely not my view!