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submitted 1 year ago by grte@lemmy.ca to c/canada@lemmy.ca
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[-] psvrh@lemmy.ca 4 points 1 year ago

Look, if the rich don't want you to have a house, they certainly don't want you have a car.

In all seriousness, this is why it's called late-stage capitalism: because at this point, it's going to be fatal to it's host. We're nearing the point where there less and less value to extract from labour because they're already underpaid for the value they generate and over-leveraged because debt was an easy substitute. At the same time, the wealthy are increasingly desperate for ever-larger returns.

Electric cars, if not personal transit in general, are probably going to be the iceberg that the ship of capitalism breaks on: the wealthy don't want to pay taxes for roads and charging infrastructure, and they don't want to pay for public transit, but they also don't want you to have a home where you can charge your own car. But they want you to buy stuff, and they expect electric cars to sell for higher prices than gas ones.

Something has to give, here.

this post was submitted on 17 Sep 2023
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