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by iNerdier
160 days ago
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It is, on hacker news, easier to imagine the end of the world than the end of capitalism it seems. This is echoing a term made by Varoufakis about an increasing amount of money being held by a smaller and smaller group, not a return to literal peasant existence. It’s not feudalism, it’s ‘neo-feudalism’. The argument that labour can move is true, except where it can’t. Look at the entire towns of miners made irrelevant with no replacement to their jobs. Sure you might say they can move half way across the country to clean toilets but they have skills, a family and houses somewhere else. Where the argument of a feudal analogy really rings true is the increasing attempt to do back to extraction of rent for everything. Subscriptions for everything, including homes are becoming more and more normal. Are we really okay with a world in this form? |
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