And late stage capitalism proposes to just officially make the corporate entities they complain about, part of the govt and take more power from the individual.
Corporations are people so I wouldn't be surprised that they start pushing for companies to have voting rights by how many people they employ. I think today there was a post with a washington compost article citing "the elites should have more voice in the democratic process"
It's not late stage capitalism, it's crony capitalism. This is not what capitalism has to turn into, we have just allowed business and government to get too cozy
Crony capitalism, which over time transforms to a corporatist economic/political system. We used to call that fascism, but it usually goes by the name of 'equity' of late.
Capitalism includes in the ability to choose who you do business with, no crony capitalism needed. Technically, if you want to force the bank to do business with individuals, you'd want national socialism.
"Late Stage Capitalism" is when the marginal value of labour falls to zero.
Marx thought this would be in late 19th Century Britain and Germany, as the industrial powerhouses of the world. Over 100 years later and the economies of every country in the world are still growing.
It's so funny that Jews get kicked out of every industry, so they make two their own and now everybody is bitching about it. Start your own banks and media companies then, nobody is making you use Jewish services. Go find a bank that isn't run by Jews and use its services, except it'll probably be bankrupt within the year
When your government makes backdoor deals with the corporations to regulate the economy in a way that hurts the competition, you have reached the state of corrupted capitalism.
As economies and societies scale up, they become increasingly prone to centralization, manipulation, and corruption. Our rights are being stripped by a pact between government and corporations that have both become too powerful
If you play a guitar on a corner, should you get the money that people put in your cup?
If your answer is yes, then you agree with capitalism.
If your answer is no, you are a fucking idiot.
So which banks are we moving to?
Credit unions. Keep local.
Crypto or cash
The 'Late Stage Capitalism' people may have a point.
The money grubbers have metastasized, and the world is turning into total Corporate rule.
And late stage capitalism proposes to just officially make the corporate entities they complain about, part of the govt and take more power from the individual.
Corporations are people so I wouldn't be surprised that they start pushing for companies to have voting rights by how many people they employ. I think today there was a post with a washington compost article citing "the elites should have more voice in the democratic process"
It's not late stage capitalism, it's crony capitalism. This is not what capitalism has to turn into, we have just allowed business and government to get too cozy
Crony capitalism, which over time transforms to a corporatist economic/political system. We used to call that fascism, but it usually goes by the name of 'equity' of late.
Capitalism includes in the ability to choose who you do business with, no crony capitalism needed. Technically, if you want to force the bank to do business with individuals, you'd want national socialism.
Corporate oligarchy, big tech has hijacked the government. Capitalism will still exist underneath it since we won't go back to bartering any time soon
"Late Stage Capitalism" is when the marginal value of labour falls to zero.
Marx thought this would be in late 19th Century Britain and Germany, as the industrial powerhouses of the world. Over 100 years later and the economies of every country in the world are still growing.
However you want to phrase it, allowing people who hate you to all but operate a banking and media cartel in your nation is a really bad idea
It's so funny that Jews get kicked out of every industry, so they make two their own and now everybody is bitching about it. Start your own banks and media companies then, nobody is making you use Jewish services. Go find a bank that isn't run by Jews and use its services, except it'll probably be bankrupt within the year
"Jews get kicked out of every industry"
If you got kicked out of one bar I might believe you when you claim the bouncer was irrationally prejudiced against you
If you get kicked out of +100 bars clearly the problem is your behavior
And yet people here will still rabidly defend it. It's funny.
It’s the same as how people still defend communism. Both present an ideal to certain people, but in practice are very easily corruptible.
Except Capitalism can and will usually work out. Communism NEVER works out.
When your government makes backdoor deals with the corporations to regulate the economy in a way that hurts the competition, you have reached the state of corrupted capitalism.
As economies and societies scale up, they become increasingly prone to centralization, manipulation, and corruption. Our rights are being stripped by a pact between government and corporations that have both become too powerful
It's actively not working out.