4 ms·
And thank the neomarxists and communists for that. Capitalist society -> Slowly institute communism -> Slowly destroy economy to reduce purchase price of asset
by aeoleonn 5y ago
And thank the neomarxists and communists for that.
Capitalist society -> Slowly institute communism -> Slowly destroy economy to reduce purchase price of assets (real estate, infrastructure, industrial businesses) -> Elites with cash stockpiles buy those assets at low cost -> Power & wealth further centralized -> Just before moving economy/society towards Capitalism, sell off public property (such as natural resources) to your cronies -> Reimplement capitalism, now with more power than before.
Wash, rinse, and repeat, until you reach your desired level of wealth centralization in the hands of the "Qui?"'s
- mrow84 5y agoFeels a bit “no true Scotsman” - have you considered the possibility that the process you describe is actually a structural consequence of capitalism? Seems to me that capital accumulation and inheritance is a pretty obvious mechanism to drive that process.