this post was submitted on 26 Jul 2023
2133 points (98.5% liked)
Technology
59575 readers
3463 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No, not the US as a whole, but perhaps the end of the insane and without reasonable measures Capitalism that it has spawned. This is the theorized late-stage capitalism, but it was brought to this level by a broken and out of control system, whereas the academic model of capitalism would have had certain mechanisms of balance to prevent exactly where we are.
The system of the present is too imbalanced to function with all these corporations, conglomerates, and billionaires holding a disproportionate amount of the wealth and keeping it from circulating. The economic system in the US just can't work this way, so some drastic shift to reduce or remove the wealth gap will need to change.