this post was submitted on 18 Feb 2025
304 points (93.7% liked)

Late Stage Capitalism

950 readers
51 users here now

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.

RULES:

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,' Tankie, etc.

founded 5 months ago
MODERATORS
 

cross-posted from: https://lemmy.ml/post/26147370

top 14 comments
sorted by: hot top controversial new old
[–] [email protected] 37 points 3 days ago (1 children)

It's both, and you need to zoom out and see the big picture, the one where they coexist because one necessitates the other, to really appreciate the problem

(ID: aerial photos from South Africa and India showing the vast disparity between rich and poor existing directly next to each other)

[–] shalafi 11 points 3 days ago (6 children)

Those are pictures of the way the world has always been. It's just now, in the last few decades, that we've had the global wealth to turn it around.

Pick your own graph if you don't like this one. There are hundreds more showing the same massive decline in poverty.

The reduction in poverty has been stunning in my lifetime (born 1971). I've seen shit in America that literally has no comparison in modern times. But I'm sure some 20-yo will come along and tell me it's a hellscape out there. LOL, should have seen black people in 1977 Louisiana.

I know two things; I've studied history, though I'm more ignorant than I wish. And I've lived history. Not sure how fast y'all expect times to change, but times are changing faster than at any other point in our civilizations.

[–] [email protected] 6 points 3 days ago (1 children)

Most poverty reduction this century has been in China. Poverty levels flatten out if you exclude them from the data.

[–] [email protected] 1 points 2 days ago

It's interesting to point that out because China is still is capitalistic. Just more state capitalism?
Ya know, I would love to read a book on China on this topic. Like how what have they done to get where they are.

[–] SmilingSolaris 5 points 3 days ago

And just like how the dismantlement of mercantilism in favor of capitalism did the world a lot of good, it also had an insane number of flaws that make it very stupid long term.

It is time for the dismantlement of capitalism in favor of socialism

[–] [email protected] 5 points 3 days ago

Hey, look, the guy from the meme!

[–] [email protected] 3 points 3 days ago (1 children)

Black people in Lousianna having it better than they did in 1971 is certainly a response to wealth disparity.

[–] shalafi 4 points 2 days ago (1 children)

Point to the part where I said we no longer had massive issues. As to wealth disparity, which I didn't mention, I never thought it could happen in America.

Had a teacher in 80's middle school telling us how corrupt things had become in Mexico because 20% of the population held 80% of the wealth. We were horrified. Yeah. Can we get that in America?

[–] [email protected] 1 points 2 days ago

It seems Lemmy has already transformed into a place where people come to be right, instead of a place to learn.

[–] [email protected] -2 points 2 days ago

Find a poor person and show them how much better it is for people now than it was. Go ahead.

Oh I just noticed your Gen X... That makes sense.

[–] [email protected] 9 points 3 days ago

Dont worry, the US is working on getting there soon given the cost of living crisis.

[–] feedum_sneedson 1 points 3 days ago

I'm under no illusions.

[–] slaacaa 0 points 3 days ago

Just be patient, it’s going to trickle down any minute now 🤞

Tap for spoiler/s