• 201dberg@lemmygrad.ml
      ·
      7 months ago

      Tbf we have seen capitalism fail during crisis time and time again. It's just become slightly more apparent to the average person because it's impacting more and more and is getting harder to hide the blame.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
        hexagon
        ·
        7 months ago

        Right, the crises happen roughly once a decade, and during each crisis we see a wealth transfer to the top occurring. This happens because people and companies end up being unable to stay solvent and are forced to let go of their assets. At this point the big bourgeoisie swoop in to acquire these assets on the cheap. This in turn results in the rest of the population living on thinner margins and being in a worse position to weather the next crisis. We're now coming to the culmination of all these crashes where a significant portion of the population is no longer able to weather the current crisis.