4 ms·
Yes, and now we have come full circle back to capitalism. As soon as a gap forms between capital and untapped resources, the capitalist engine keeps running: th
by smartmic 1y ago
Yes, and now we have come full circle back to capitalism. As soon as a gap forms between capital and untapped resources, the capitalist engine keeps running: the rich get richer and the poor get poorer. It is difficult or impossible to break out of this on a large scale.
- pineaux 1y agoThe poor dont necessarily get poorer. That is not a given in capitalism. But at some point capitalism will converge to feudalism, at that point, the poor will become slaves. And if not needed, culled. For being "unproductive" or "unattractive" or generally "worthless". That's my cynical take. As long as the rich can be reigned in in a way, the poor will not necessarily become poorer.
- shafyy 1y agoIn neoliberal capitalism they do, though. Because companies can maximize profits without internalizing external costs (such as health care, social welfare, environmental costs).