310

Corporate culture is based on constant growth and ever increasing profit margins. Eventually they'll amass so much of the wealth that most of the lower class won't be able to purchase anything other than essentials like food.
No new cars, no tech gadgets, no fancy dinners, no vacations, no disposable income.
When we get there the economy collapses because there's no money going into it.
The profits stop rolling in, unnecessary goods stop being produced, and the luxury goods producer's shut down.
At this point the money they worked so hard to hoard becomes worthless because they can't buy anything with it.
What's the endgame for them if their current path takes them to a point where their assets are more or less worthless?

(page 3) 45 comments
sorted by: hot top controversial new old
[-] SuiXi3D@fedia.io 5 points 2 days ago

Slavery for us, power for them. That’s it. We get nothing, they get everything.

[-] ICastFist@programming.dev 5 points 2 days ago

Implying their train of thought can go beyond "MOAR MONEH"

Also, they'd love to be slave owners, but since slavery was banned in most of the world, they have to skirt around with silly laws and whatnot, so wage-slavery works. Hell, it might even work better than actual slavery, since you can own all the stuff the wage-slave can buy and pay for!

[-] HobbitFoot@thelemmy.club 4 points 2 days ago

There isn't an endgame.

[-] Jimmycakes@lemmy.world 1 points 2 days ago

They will start a clone economy on different planets. Remember when we were cloning shit in the 90s? That. If people won't make enough babies to continue to grow the population then they will take over.

[-] reksas@sopuli.xyz 4 points 2 days ago

maybe something akin to hungergames to keep masses under control

[-] quixotic120@lemmy.world 4 points 2 days ago

For a while it will be that they only have almost all of the money; a small portion will have to go to the workers so that someone exists to run things like power plants and farms and mcdonalds and shit. But eventually robots will replace all that, or slavery

[-] circuitfarmer@lemmy.sdf.org 2 points 2 days ago

This is a good, nutshell explanation of late-stage capitalism.

As far as the answer to "what's the endgame", I do not know. I suspect that many or most of these rich folks are so moneyblind that they don't know either. Or, they simply don't believe that their collective actions will eventually cause the system to fail.

But most likely, I think, is that they believe someone else will bear the majority of any negative impact. Of course this makes less sense in the face of a systematic collapse, but again: it's probably very difficult to see when you have dollar signs in your eyes.

[-] FundMECFSResearch 2 points 2 days ago

Hasn’t that endgame been pretty much reached?

load more comments (1 replies)
[-] Agrivar@lemmy.world 3 points 2 days ago

guillotines

[-] Lowpast@lemmy.world 2 points 2 days ago

"Welcome to 2030. I own nothing, have no privacy, and life has never been better"

https://en.m.wikipedia.org/wiki/You%27ll_own_nothing_and_be_happy

[-] __matthew__@lemmy.world 1 points 2 days ago

Everyone here has written echoes of the same viewpoint: the wealthy got too greedy and so now the whole world will die as they stand and watch.

While I understand the allure of such narratives that paint a world falling into pieces at the hands of the ultra-wealthy, I think it's worth exploring an alternate vision of late-stage capitalism. One where despite being grim, we avoid descending into a completely unrecognizable dystopia.

In this scenario, nearly the entire workforce is displaced by robotic and AI-driven automation, leading to a massive societal shift. With most traditional jobs gone, the public faces mass unemployment and widespread poverty. Outcry erupts as the majority falls below the poverty line. With nearly all jobs displaced, for most people only two options remain: attempt entrepreneurship or face unemployment.

Confronted with growing public unrest, governments reluctantly implement basic welfare measures such as small universal basic income or food stamps, providing just enough for people to get by. Meanwhile, the majority of global funding is redirected toward research and development, primarily powered by these new forms of automation. This fuels breakthroughs in production and technology, eventually driving down the cost of quality goods. Over time, even those relying on minimal welfare begin to see modest improvements in their quality of life.

Meanwhile, the wealth gap grows wider than ever. Billionaires, enriched by the automation economy, turn their attention to ambitious but arbitrary ventures like constructing moon bases, developing underwater cities, or investing in life-extension technologies. Occasionally, these projects destabilize society—whether through anti-competitive practices or efforts to sidestep government oversight—but as long as governments hold their ground (a non-trivial task), their effects on the majority remain limited.

What results is a fragile balance: a world with basic welfare programs supplying the masses, incremental technological progress, and a stark divide between the majority and the ultra-wealthy. It’s far from utopian, but it avoids outright collapse. As innovation continues, life gradually improves for everyone—even though the wealthiest always dictate the terms and reap the greatest rewards.

load more comments (3 replies)
[-] iii@mander.xyz 3 points 2 days ago

Eventually they'll amass so much of the wealth that most of the lower class won't be able to purchase anything other than essentials like food.

What's the logic here? Someone else having a high net worth, means that you have less money?

[-] Jimmycrackcrack@lemmy.ml 6 points 2 days ago* (last edited 2 days ago)

Under the premise that eventually this endless growth cycle reaches some kind of an end point, then ultimately yes. The wealth has to keep increasing somehow. When you have saturated every market, eliminated every competitor, captured every last regulator, innovated every last facet, optimised every metric, you have to start cutting wages, or replacing labour with machines. When evey worker is replaced or the wages are less than enough for survival, no one's getting paid. Who buys the stuff?

[-] iii@mander.xyz 2 points 2 days ago

Under the premise that eventually this endless growth cycle

Exactly. It's endless, so the premise is false. At a certain point they'll just rename 100 dollar the neodollar, and it continues. It's just bookkeeping, there's no end.

load more comments (5 replies)
[-] tupalos@lemmy.world 2 points 2 days ago

They never will. But they’ll likely always have most of it. The government will print money just enough to keep inflation low-ish but allow people to feel comfortable enough to spend it. Big corps will eventually accumulate them and hoard it.

[-] einkorn@feddit.org 3 points 2 days ago

It's probably something like the story within the story For the Benefit of Mankind by Liu Cixin.

[-] blazeknave@lemmy.world 1 points 2 days ago

Check out Timeless with JT

[-] tonyn@lemmy.ml 2 points 2 days ago

If all the billionaires in the world instantaneously ceased to exist, and all their money were evenly distributed to everyone on earth, you would get a one time payment of about $1,769. Then what?

[-] ElPussyKangaroo@lemmy.world 6 points 2 days ago

With the exchange rates remaining intact? Many people would live a much better life.

[-] edgemaster72@lemmy.world 2 points 2 days ago

We move on to the triple digit millionaires, and maybe the double digit millionaires too.

load more comments (2 replies)
[-] bluGill@fedia.io 2 points 2 days ago

The world is not a zero sum game. that alone defeats your premis-

[-] Yerbouti@sh.itjust.works 1 points 2 days ago

With AI and automation, I think the 1% will want less people (bugs) around them in a not so distant future. We might have they answer to this question soon enough. Spoilers : we lose.

load more comments
view more: ‹ prev next ›
this post was submitted on 07 Jan 2025
310 points (100.0% liked)

No Stupid Questions

36294 readers
663 users here now

No such thing. Ask away!

!nostupidquestions is a community dedicated to being helpful and answering each others' questions on various topics.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must be legitimate questions. All post titles must include a question.

All posts must be legitimate questions, and all post titles must include a question. Questions that are joke or trolling questions, memes, song lyrics as title, etc. are not allowed here. See Rule 6 for all exceptions.



Rule 2- Your question subject cannot be illegal or NSFW material.

Your question subject cannot be illegal or NSFW material. You will be warned first, banned second.



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Questions which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts and joke questions.

Provided it is about the community itself, you may post non-question posts using the [META] tag on your post title.

On fridays, you are allowed to post meme and troll questions, on the condition that it's in text format only, and conforms with our other rules. These posts MUST include the [NSQ Friday] tag in their title.

If you post a serious question on friday and are looking only for legitimate answers, then please include the [Serious] tag on your post. Irrelevant replies will then be removed by moderators.



Rule 7- You can't intentionally annoy, mock, or harass other members.

If you intentionally annoy, mock, harass, or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- Majority of bots aren't allowed to participate here.



Credits

Our breathtaking icon was bestowed upon us by @Cevilia!

The greatest banner of all time: by @TheOneWithTheHair!

founded 2 years ago
MODERATORS