this post was submitted on 30 Sep 2023
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Yes, but capitalism isn't failing: billionaires ARE capitalism
When I say capitalism is failing is because for it to work, it need rules (offer/demand, competition without monopolies, etc), that these billionaires have eliminated or subverted. They changed the game rules in their favor, and are now so powerful itβs impossible to stop them (non violently, I mean). I honestly think we just entered a dark era of humanity, one in which its existence is in question. And yes, Iβm a pessimist, but I try to be optimistic with all my might, but everything I see or read prevents me from being optimistic.
Because it is unstable. It is much easier to disrupt the system than to balance it in a stable-like state against it's nature. Capitalism has gotten out of hand and will collapse sooner or later. And no: I am not a pessimist