Thursday, November 15, 2018

The problem with capitalism

From this piece. Hence the rise of the collaborative commons.

"Let’s start at zero: capitalism isn’t the platonic ideal of self-correcting competition — that’s a fantasy, a fairy tale. This is the self-evident reality of capitalism — monopolies extracting wealth. How much? Well, first, no amount of wealth will ever be enough — not even the most wealth in human history is. There is no boundary condition, no point of satiation, which means there is also no line of conscience or morality."

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