Corporate culture is based on constant growth and ever increasing profit margins. Eventually they’ll amass so much of the wealth that most of the lower class won’t be able to purchase anything other than essentials like food.
No new cars, no tech gadgets, no fancy dinners, no vacations, no disposable income.
When we get there the economy collapses because there’s no money going into it.
The profits stop rolling in, unnecessary goods stop being produced, and the luxury goods producer’s shut down.
At this point the money they worked so hard to hoard becomes worthless because they can’t buy anything with it.
What’s the endgame for them if their current path takes them to a point where their assets are more or less worthless?
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They have to keep a lot of it circulating. As it zips around the economy, it is used to purchase capital, which soaks up the value of workers labor power by converting it into commodities, sells those commodities on a market for a higher price, and then returns profit to the “owners” of the capital. This is how the rich get and stay richer.
Capitalism isn’t neutral, the system creates the rich and poor and delivers the value of worker labor power to the rich owners. The rich can’t control it any more than we can. They have their hand on the wheel through the state, which is just a mechanism that solves problems created by capitalism that can’t be exploited for profits, to violence. But they’re as ensnared by the system as we are. It robs them of their humanity the same it does ours.
We don’t overthrow capitalism to punish the rich, we do it to save everyone from it, and try to restore peoples humanity. The greed of the rich almost doesn’t matter, the system has a logic all its own.
The social system similar to what you describe, which is basically feudalism of nobles and serfs, has its own rules and arose out of its own conditions, like capitalism arose from the revolutionary overthrow of feudalism. Maybe capitalism will give way to some worse form of social relation, I suspect many people are working on that as we speak. But that’s why we have to fight and win for a better system
Socialism or barbarism!
I think the ultra wealthy and powerful understand that revolution becomes more likely as the majority’s material conditions declines, so their endgame is to throw just enough crumbs to the majority so that they don’t want to risk losing those crumbs. Many of today’s ultra wealthy and powerful seem exceptionally out of touch with reality and dumb though, so idk. Some are accelerationists (i.e. e/acc), and purposely avoid taking into account possible negative consequences.
It reminds me of the ultimate game of monopoly I played as a kid (on a handheld). I had complete control over the board. I had bankrupted two of the AI’s, but in order to keep line go up, I’d have to keep the last one around. Every time it’d get low on funds I’d offer to significantly overpay for one of its’ few properties, and then sell it back for a dollar.
I got to around 30k before the game either just quit, or the battery died.
with sufficient technology and capital, they should be able to stave off any kind of revolution. and then the question becomes whether or not there is any incentive to keep the plebian class happy or alive.
They want control of governments so they can wield total authority over the working class and exploit them even harder than they already do. Amazon will make showing up to work late a felony punishable with jail time. Oh and the jail is actually an Amazon fulfillment centre.
Have you noticed the rich are suddenly encouraging people to have (more) kids? It’s the only way to put more labor into the system. And labor is what money really represents.
The rich are stealing your labor.
It’s not the only way. We’ve been relying on immigration to do this for us for a long time. American politics is struggling with the tension between racist idiots who don’t understand that immigrants are crucial to our economy, and those who do understand it. You can not be racist AND not understand it and that is fine too, no problem.
What’s the end game for cancer?
There isn’t one, it doesn’t matter that the host dies eventually as long as they get to keep growing for now.
The billionaire space race reminds me of Devil facial tumour disease (NSFL).
It’s the only cancer (that I know of), that can reliably spread to a new host.Edit: I did some reading, there are more but that is the one that feels most terrifying. I posted the article on creepy Wikipedia.
This is the answer. These people have no plan other than “make more money today”.
Live, laugh, love.
Live in the moment.
YOLO!
🤮
Eloquently phrased.
Automation.
The same as any other accumulation process. Those unable to sustain themselves fall off the bottom and those with any remaining wealth are restratified into a hierarchy of the most to least wealthy.
The cycle begins again!
Slavery 2: It won’t matter if you’re black or white
🥚-xactly.
Feudalism
guillotines
There are 3 key necessities for UBI/freedom dividends:
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It redistributes power not wealth. Bad greed is oligarchy capturing your rulers. UBI weakens politicians discretion, because just paying everyone more cash instead of their corrupt ideas is “idiocracy proof”. Power redistributed to workers where everyone who wants a job gets 5 recruiter calls per day offering a better job. We all get greater power to say no to anything. Quality of life becomes exceptional without crimes of desperation, and the divisive hate that is easily manufactured from crime.
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Redistribution means massive economic growth and overall prosperity even as it all trickles up to make the rich richer. “Velocity of money” is the key economic concept, but as income trickles back up to workers and owners, it means that the rich have to invest more to take all of our money.
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The alternative is genocide. Oligarchy having all of the money and power, and AI/robotics to do work, means robocop detroit for Americans, and war on rest of the world to take their land. It doesn’t matter that far more wealth can be generated with more people to sell stuff to. The logic of pillaging America/world for oligarchs with ever decreasing tax rates on corporations and the rich means more relative wealth and power for the oligarchy and its political minions.
This 3rd point is similar to yours. Except its not just “This is America, if you don’t make money you’re a douchebag”, and the rich just give up on life, it’s “you need to be exterminated because you are useless to the rulership.”
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It’s even better than that, because the massive inequality created by Capitalism has already got us to a state where the human population is going to collapse within the next few decades, even if climate change doesn’t do it first. Simply, most people never feel like they can afford to start a family during the years when they would have started one before. The oligarchs know this and are freaking out about birth rates now, but it’s already too late - can’t be King of the mountain if the mountain is only a hill.
There’s a solution for reducing population while increasing birthrates: war, pandemias and forced
inoculationsinseminations (physically or by peer pressure).Edit: I’m not an antivaxxer, that’s just idiotic. I’m talking antiabortion and religion.
Why would they do any of that when they could simply use HAARP to trigger a Mandela Effect and change reality though? Seems like hard work.
/s, right?
Right?
And I’m downvoted versus an actual anti-vaxxer? What a world.
Don’t forget banning abortion and birth control through moral and legal processes. Time to give birth to the next generation of disposable exploitation.
The same as with all cancers unless it’s killed in time.
There isn’t an endgame.
It’s like a Dark Souls game. Many of the bosses are tough, but the final boss is just some guy and is rather easy to cheese with parries. The mobs you have to fight to reach the final boss are harder than the boss itself.
A frozen economy. The families with capital are the ruling class, and for every else there is zero mobility. Since the ruling class is not a state, it isn’t bound by democracy or a constitution, and it doesn’t have to give anyone shit. There may be some incentive to keep the lower class happy and alive, or there may not be.
Back serfdom and nobility.
