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2024-05-18 16:08:24

Kevin Carson on Nostr: Contrary to right-libertarians like Jacob Hornberger who think infinite capital ...

Contrary to right-libertarians like Jacob Hornberger who think infinite capital accumulation fuels productivity, there's actually no productive outlet for that capital because wealth inequality has destroyed aggregate demand.
Instead it goes to buyouts, asset-stripping, and #enshittification.
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npub1hvrz270rk0e68vu4cjtdkg6ns8xm6ew8jqc5g533ncdtdh7uu52qflmrph