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this post was submitted on 31 Aug 2023
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Which is why I’m hesitant to actually call those greedy fucks “capitalists”, because they’re the very antithesis of capitalism. They literally break the system for their own benefit, and thanks to US politicians to being corrupt enough to allow themselves to be bought out for a few bucks from said greedy fucks, nobody in power is incentivized to actually do something.
Capitalism works with money flowing constantly, and it needs that to work well. When you have some Warren Buffet and Elongated Muskrat kind of people just hoarding wealth… well, you get the shitshow that is the the US today. $300B circulating in the system would be awesome, and I would think that is a good indicator of a healthy economy; but when $300B is pretty much tied to one person, then congrats, we missed the point of capitalism.
The only goal of capitalism is to raise capital. Any method that raises capital is as valid as any other. The working class people are essentially just a bank to draw capital from, nothing more. Not to them anyway.
Anything else they told you about capitalism in school was bullshit. It does one thing. Increase capital through any means.
There is a logical end point where the working class can keep no capital for themselves, and produce it until they die. And what happens when there's no more shareholder value to extract from the working class I wonder?
That's why we call it "late stage" capitalism.
This comment is so good that I want to bottle it, take it home, and bathe in it