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It's the consequence of growth capitalism. When it's not enough to make money, you have to make more money this quarter than you did last, then it's really only
by andrepd 1y ago
It's the consequence of growth capitalism. When it's not enough to make money, you have to make more money this quarter than you did last, then it's really only a matter of time until everything is monetised under the exclusive logic of greed, devoid of any other considerations of a moral or human order. Public goods, water fountains, libraries, beaches, forests. Basic state functions. Your attention, at every moment. On it marches.
- hdgvhicv 1y agoThe stock market grows by 10% a year. Worker income only grows 2% a year. Those aren’t sustainable.
- rsync 1y ago"It's the consequence of growth capitalism. When it's not enough to make money, you have to make more money this quarter than you did last, then it's really only a matter of time ..." Agreed. An environment of increasing interest rates exacerbates this.