Late stage capitalism has now created mega corporations that no longer profit off their innovation and quality, but merely off manipulation and exploitation of their mind-boggling amounts of capital. They now must crush all competition using authoritarian means because competition is now their biggest weakness.
Capitalism is well and truely dead, and corporations and conservatives are the ones who killed it. They want to remove the ladder of success that got them there.
I very much see what is happening in the US as the groundwork for them becoming an authoritarian state just like China and Russia. They still have “capitalism” and “democracy” too!
My only hope is that the people of the US realize what is happening before it’s too late, and that the rest of the world can hold out in the mean time.
Late stage capitalism has now created mega corporations that no longer profit off their innovation and quality, but merely off manipulation and exploitation of their mind-boggling amounts of capital. They now must crush all competition using authoritarian means because competition is now their biggest weakness.
Capitalism is well and truely dead, and corporations and conservatives are the ones who killed it. They want to remove the ladder of success that got them there.
Capitalism has never been healthier. This IS Capitalism, not an anomaly.
I very much see what is happening in the US as the groundwork for them becoming an authoritarian state just like China and Russia. They still have “capitalism” and “democracy” too!
My only hope is that the people of the US realize what is happening before it’s too late, and that the rest of the world can hold out in the mean time.
Can’t have a corporate oligarchy without capitalism.
You must not have read the wealth of nations