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DrCowboyPresident 31 points ago +32 / -1

The 'Late Stage Capitalism' people may have a point.

The money grubbers have metastasized, and the world is turning into total Corporate rule.

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deleted 9 points ago +10 / -1
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Lepreco-Inc 8 points ago +8 / -0

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.

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ProudWhiteMan 5 points ago +5 / -0

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"

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Lepreco-Inc 2 points ago +2 / -0

No. Corporations are groups of people associating for some corporate goal, usually business. You can’t treat people associating as less than a person. The right to assemble and the right of free speech can be used together and apart. Corporations are not people on their own, assembling doesn’t give you extra rights. Corporations have the right to vote, in that the individuals that make up the entity can still vote as they please. But yea I know they want high paid pedos to have extra privileges.

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ProudWhiteMan 1 point ago +1 / -0

I am speaking hypothetically. Remember we live in clown world and the govt doesn't lead for the people or give two shits about what we think. Companies already have personhood in the constitution how long till they get voting rights as well?

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1776er 7 points ago +9 / -2

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

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FLmanTampa64 3 points ago +3 / -0

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.

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randomusers239874 -1 points ago +2 / -3

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.

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kt524 1 point ago +2 / -1

The crony is the gov bailing out businesses with taxpayer money and pumping out regulations that the corps can endure but small business can't, effectively killing any competition and rendering them "too big to fail".

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ProudWhiteMan 2 points ago +2 / -0

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

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the-new-style 1 point ago +1 / -0

"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.