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Nope, let's call it for what it is. The current situation is capitalism and liberal doctrines's consequences. Some economists and thinkers have said all along t
by johnchristopher 13y ago
Nope, let's call it for what it is. The current situation is capitalism and liberal doctrines's consequences. Some economists and thinkers have said all along that this is the only outcome possible for such ideologies.
Banksters is a term that was widely used and is regaining ground in far-right populist parties in Europe (and America if I recall correctly).
But I like the idea of neo-feudalisme, it fits the picture and describes the situation quite well.
- zanny 13y agoThe current environment evolved only due to specific circumstances involving industrialization and globalization, and the fact the people at large completely missed the concentration of power by bankers and wealthy dyanasties. I think the problem emerges whenever you have an economic system built round game theory (which really capitalism is) where most people don't rationalize their participation such that the few recognizing the game they are playing can exploit the passive participants and siphon their productivity they add to said game. We are all playing, but a huge number of people I know don't rationalize that participation. They don't look beyond buying a car, house, nice clothes, paying rent on a dozen different things they don't recieve tangable long term goods from (ie, $300 a month phone service). They don't ever ask why their tax bill is huge or why they even have income tax at all, because their parents told them it is inevitable and they were ground through an educational process with a peripheral task of grooming them to be assembly workers.