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I have no doubt things will get better. But it’s not just going to go back to the way things were. You aren’t going to see the fall of capitalism, but the kind
by themagician 7y ago
I have no doubt things will get better. But it’s not just going to go back to the way things were.
You aren’t going to see the fall of capitalism, but the kind of late stage, cut throat, everyone for themselves capitalism is falling apart. Before it’s even really begun we are already calling for a return to work because that’s all we know.
- krustyburger 7y agoIn the first comment you said that capitalism was going to fail and likened that failure to the one of the Soviet system. Maybe that comment was a bit hyperbolic?
- themagician 7y agoNo, I think that’s pretty apt. I’m specifically talking about the US. Capitalism won’t fall, but the kind of capitalism we have in the US is literally falling apart at the seams. We know what the solution is to the problem, but it is not compatible with our system. We are fighting it every step of the way. So either the system changes or a lot of people die… which will force even more accelerated change.
- bogomipz 7y ago>"We know what the solution is to the problem, but it is not compatible with our system." Could you elaborate on what that solution is? What comes after this "late stage" capitalism exactly? It's not clear to me.
- themagician 7y agoThe solution is to test people rigorously and restrict and track their movement. We know this. What comes after? I’m not sure. Guess we’ll find out.
- joaomacp 7y agoIt's going to be a return to rampant crime, drug addiction, poverty, etc. There will be significantly more deaths from the cure.
- sk5t 7y agoPeople have short memories. If hoping for change is optimism, then you're too optimistic.
- refurb 7y agoBut it’s not just going to go back to the way things were. People said the exact same thing in 2008. And it turned out things did go back to the way things were.
- blackrock 7y agoCrony capitalism at play here. And Late Stage Capitalism. Things got really good for the rich and well connected. For everyone else, they got priced out. Now with this Infinite QE from the Fed, Jeff Bezos is probably going to be the world’s first Trillionaire. The Fed just bailed out all the corporations with their bad bonds that they used to buy back all their shares, so their CEOs could get million dollar payouts. And for everyone else, good luck paying for your house, with a 60 year mortgage. Remember, you are poor because you didn’t work hard enough in life. The rich are smarter than you, because they chose their parents wisely. Does nobody even question this future that we are setting for ourselves, and for our children?