500
Thatcher famously said "the problem with socialism is that eventually you run out of other people's money", but isn't it the best way to describe billionaires in late stage capitalism? (sh.itjust.works)
submitted 1 month ago by to c/latestagecapitalism@lemmy.world
75 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 1 month ago

China is bringing the developing countries into the 21st Century with it, something that the West refused to do while they had the chance. So it's not overcapacity, it's just that the West isn't the exclusive consumer.

  • permalink
  • fedilink
  • source
  • parent