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by michaelteter 18 days ago
Unregulated capitalism eats everything, including eventually itself.

There are other greed-based systems which also eat themselves, but we live in the era of capitalism as the vehicle of self-destruction.

Many of us won’t be alive to see it, but it will result in the fall of the US. Maybe it will be 50 years from now, but I suspect sooner.

Once enough safeguards get systematically removed, the rate of growth of the beast becomes unstoppable.

Eventually the few who have not been crushed and who have the (illusion of) control will have to wall themselves off in heavily guarded compounds to prevent the masses of desperate poor from overrunning them. It will be like so many dystopian stories that have already been written.

I see no way to correct it now, at least not in the US. Moneyed interests clearly have control of the government. The few good civil servants and elected officials are increasingly under pressure to give up their principles and accept pay-to-play, lest they lose their jobs or what little power they had to do good.

This isn’t just a right wing problem (US right), because the same money flows to the left. At the end of the day, one side may indeed be more cruel, but they both support the same system.