--

Brilliant essay, but a bit too long for the average medium reader (this could have been 3 essays). Indeed, capitalism has already morphed into NEOFEUDALISM, via the complete capture of democratic institutions, and the rise of the Techno-Rentier. But it is also well to note that corporations have been reduced to mere platforms for global financial skullbuggery, especially the unregulated Shadow Bankers (hedge hogs, pirate equity, vulture capitalists). Until we change out systems of money and banking, very little else will change. However, insurrection will only make matters worse. Note:

https://medium.com/@daneke/slouching-toward-untopia-bf0a92f9d595

--

--

Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

Responses (1)