• lil_pee_pee [they/them]
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    edit-2
    3 years ago

    Fantastic post, good explanation

    The destruction of the capitalist productive forces in Europe along with the huge state driven investment in the US is what made the difference. Going back to Hudson obviously the US wants the EU to suffer in order to turn the clock back to 1950 again.

    The only way for capitalism to survive the next 50 years is going to be through a major crisis that bankrupts a large part of the unprofitable corporations(see zombie companies) while simultaneously forcing the first world population to accept a third world lifestyle. The obvious problem with this is that a lot of rich people are going to be temporarily inconvenienced.

    I'm really curious is this will happen. Obviously you're right, the deadwood needs to be cleared, but you have to wonder how many companies will stay just because they serve our imperial ends or even just out of corruption. Like by all accounts, cruise lines should have died forever in 2020, but they were bailed out with covidbux. Netflix/Tesla have inflated and unrealistic evaluations, and BIS estimates that roughly 20 percent of corps in the US are zombie firms. The US, as it currently exists, seems to stick around just to prop these businesses up and suppress the working class globally. If you can't go to Dave and Busters and buy snuggies, why would you be a fucking American?

    • BynarsAreOk [none/use name]
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      3 years ago

      Obviously you’re right, the deadwood needs to be cleared, but you have to wonder how many companies will stay just because they serve our imperial ends or even just out of corruption.

      Yeah I think the important detail is that the zombies tend to be smaller companies so if the choice is between thousands of small business or Amazon continuing to grow indefinitely they'll just buy Amazon stock and ride the rocket.