Late Stage Capitalism

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A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.

A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.

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1 Understand the left starts at anti-capitalism.

2 No Trolling

3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.

4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.

5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.

6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' etc.

founded 2 months ago

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anticolonialist

K1nsey6

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Being poor is expensive (lemmy.world)

submitted 3 days ago by K1nsey6 to c/latestagecapitalism

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[–] HasturInYellow 4 points 3 days ago* (last edited 3 days ago)

Except for the $12 billion in overdraft fees alone per year. They don't benefit except for that, you mean, right? And the other fees related to low balance. And the fact that they use your own money to lobby against your rights..?

They don't benefit at all. Nope. Nuh uh.

https://www.consumerfinance.gov/data-research/research-reports/data-spotlight-overdraft-nsf-revenue-in-2023-down-more-than-50-versus-pre-pandemic-levels-saving-consumers-over-6-billion-annually/