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Jeffrey Sachs Explosive Address at the EU Parliament (www.youtube.com)

submitted 19 hours ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 16 hours ago (3 children)

I tend to not like any capitalist system as it will always decay into neoliberalism eventually.

[–] [email protected] 1 points 10 hours ago* (last edited 10 hours ago)

yes even if the state does manage to buy back assets and hold them for a long time and actually run them properly as long as there are capitalists competing with the state there will always be an incentive to flog the states assets for cheap price and entshittify them it’s why social democracy is a bandaid

[–] [email protected] 1 points 12 hours ago* (last edited 12 hours ago)

its just me or neoliberalism always looks like its decaying back into feudalism

[–] [email protected] 2 points 15 hours ago

Money supply definitely gets looser and looser as peoples salaries are debased.