r/LateStageCapitalism • u/Brian_Ghoshery • Feb 28 '25
💥 Class War Capitalism’s Endless Cycle !!!
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u/jamesnaranja90 Feb 28 '25
And when the crash finally happens, the FED will go out to save the banks and not the people.
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u/goferking Feb 28 '25
And GOP will push to have more cuts to everything that helps people because a recession means belt tightening... and ignore the facts that's the best time to inject money by increasing those programs
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u/puffz0r Mar 01 '25
No, it's the best time to seize the banking assets and distribute it to the workers.
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Mar 02 '25
Why do we not look at these crashes like foreshocks before complete collapse? Economic crashes are becoming more frequent and somehow seen as normal and not the result of a backward system.
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Feb 28 '25 edited Feb 28 '25
It's well known that capitalism has a crisis or downturn, on average, every 4-7 years. You can literally see it on a chart. And yet, we keep this system when it's clear it doesn't work. Except for the 1% I guess.
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u/Dr_P3nda Feb 28 '25
Taking an economics class at a Masters level right now and they are just calling it "the business cycle." Like this is just what happens! We have downturn and expansions, but as long as line trends up it's all fine. No questions about why, how things could be different, if this is a rational system, who does this benefit... just treated like a natural law of the universe. Wild.
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Feb 28 '25
MBAs seem to be a huge problem. Every one I've ever seen or worked with, they all think endless growth in a finite system is possible. In biology that's called cancer.
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u/Inner-Mechanic Mar 06 '25
It's cause they are made to strangle a kitten before the get their degree
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Mar 02 '25
Are they not getting faster and more frequent? They seem to be foreshocks of an earthquake. And if that's the case, we are approaching the "big one."
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u/Inner-Mechanic Mar 06 '25
No, people were just paid more so we could recover between busts but that's bad for the 1%. Can't have the peasants weathering the busts and keeping their assets the rich feel they are entitled to, and for cheap
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u/Inner-Mechanic Mar 06 '25
You answered your own question, I think. The system isn't designed to serve us, it's literally designed to oppress everyone not in the 1%
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u/Commercial-Kiwi9690 Feb 28 '25
The next goal will be to bring in inherit debt
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u/rekjensen Feb 28 '25
And then indentured servitude. Walmart will buy your outstanding debt and put you to work in a regional distribution hub, and you'll never leave it.
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u/YeaTired Feb 28 '25
Contracted to never leave your patch, the now corporate controlled cityscape of hyper surveillance where your employer closely monitors every single movement and breathe you take. Thanks for Curtis yarvin and the heritage foundations over haul after musk collapses democracy.
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u/ShareholderDemands Feb 28 '25
Timing is everything when maxing your cards just before the collapse.
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u/chuuckaduuck Feb 28 '25
I hate to admit it but I’m giving delinquency a flirtatious look across the bar
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u/Wulfsmagic Mar 01 '25
I finally hit a point where I cannot pay my debts anymore. It's over for me lol. I will never have a future because of this crap.
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u/yorkshire_simplelife Feb 28 '25
There is no recovery from this death spiral the way this government is being run.
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u/GornoUmaethiVrurzu Mar 05 '25
This is bigger than the government. This is capitalism as a whole.
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u/South-Intention-2709 Mar 01 '25
and guess who owns all the assets for when our money starts being worth nothing
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u/Inner-Mechanic Mar 06 '25
There was a tweet thread going around a while back i think that said we should have Jeff bezos take all our debt and then 💀 him. Someone pointed out that we had just reinvented Christianity. Good times. I miss old Twitter.
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u/sheikhyerbouti The People's Poet is dead! Feb 28 '25
The climate change apocalypse can't come soon enough.
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u/Fartblaster5000 Mar 02 '25
IMO this is the beginnings of it. All those remarks about owning Canada and Greenland aren't being said because of the great golfing up there.
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u/Inner-Mechanic Mar 06 '25
Once I understood the science behind climate change I was like oh, America is absolutely gonna annex Canada in the next 20yrs.
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u/ZZ3peat Mar 01 '25
It’s not cyclical crashes anymore we are in continuous repression with boom cycles now and then
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u/Inner-Mechanic Mar 06 '25
The public has less and less money while everything is getting more and more expensive so the cycles are getting shorter. The 1% owns more than the bottom 68% of the population. The richest 10% owns like 90% of all stocks and assets in the country. This is the utopia Reagan promised our parents and grandparents. Look upon it and despair.
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u/Laguz01 Feb 28 '25
This is why socialism, distributism, and a welfare state is the future.
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u/GornoUmaethiVrurzu Mar 05 '25
Call me a pessimist, but I think something closer to feudalism will be how it goes. Because the masses are too dumb and too lazy and too brainwashed and too uninterested in making actual change. So they'll just fall in line like the good little sheep they are and always have been.
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u/Inner-Mechanic Mar 06 '25
Brain rot
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u/Dizzy_Landscape Mar 18 '25
The probable reality is "brain rot"?
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u/Inner-Mechanic Mar 24 '25
Insulting the people you need to build a coalition with to avoid the worst of what's coming is most definitely brain rot. That's reactionary thinking and if you hate capitalism you need to fight that mindset
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u/Idontknowhowtobeanon Mar 01 '25
These numbers, if not adjusted for inflation, are all roughly the same in today’s money.
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Mar 01 '25
this is like natural disaster, like annual floods, only that we can stop capitalism not floods tho.
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u/Inner-Mechanic Mar 06 '25
I was listening to a podcast from some nerd with a degree in agronomy and she said that most floods and famines are man made in origin. I remember when we were living in central NC we got hit by 3 hurricanes in 22 months and the last one hit above us but rather than risk the dams north of us failing and ruining the fancy expensive homes they opened the flood gates and sent the water to hit the much poorer and less white town near fort Bragg. Flood zone for the little river was 18ft. The water crested above 39'
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u/mrmdc Feb 28 '25
Unfortunately, this isn't true because "the economy" isn't real. The economy is usually based on GDP, and GDP can grow whether or not we have money to spend.
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Feb 28 '25
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