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It's also not uncommon to purchase an existing company, move debt over to it, and then kill it off. Late stage capitalism is an interesting phenomenon.
by tedivm 5y ago
It's also not uncommon to purchase an existing company, move debt over to it, and then kill it off. Late stage capitalism is an interesting phenomenon.
- chinathrow 5y agoI wonder where the pitchforks are, by now. https://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014/ https://www.politico.com/magazine/story/2014/06/the-pitchfor...
- sudosysgen 5y agoThings aren't quite bad enough yet. If the current trajectory persists, maybe in 15-20 years?
- wiml 5y agoIt seems kind of optimistic or naïve to call this late-stage capitalism. It can get a lot worse if you really unfetter the capitalist machinery.
- deleted 5y ago[deleted]