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this post was submitted on 12 Jul 2023
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Laws and regulations that allow capitalists to continue their pursuit of infinite growth. One of the definitions of capitalism is simply:
This is like a 1:1 definition of what we have in the US today, and our government enables, protects, and benefits from it. It’s “late” capitalism because it’s grown into a completely unsustainable system.
Late capitalism is the acceleration of growth and concentration of wealth in the hands of a few, with various crises being the result (layoffs, inflated prices, union busting, cuts in safety—e.g train derailments, etc).
Enlighten us then.