The Soviet Reporter@lemmygrad.ml to Ask Lemmygrad@lemmygrad.ml · 5 days agoWhat happens when everything gets automated under capitalism? Does it just become socialism by that point?message-squaremessage-square18linkfedilinkarrow-up12arrow-down10
arrow-up12arrow-down1message-squareWhat happens when everything gets automated under capitalism? Does it just become socialism by that point?The Soviet Reporter@lemmygrad.ml to Ask Lemmygrad@lemmygrad.ml · 5 days agomessage-square18linkfedilink
minus-squareComprehensive49@lemmygrad.mllinkfedilinkarrow-up1·edit-25 days agoYanis Varoufakis just put a new label on monopoly capitalism. Marx wrote about it already. The end stage of capitalism is monopolies everywhere who charge monopoly rents, because rents are the easiest form of profit. No investment, just money.
Yanis Varoufakis just put a new label on monopoly capitalism. Marx wrote about it already. The end stage of capitalism is monopolies everywhere who charge monopoly rents, because rents are the easiest form of profit. No investment, just money.