We watch the collapse of late stage capitalism in real time

In this thread we watch the collapse of terminal late stage economic capitalism in real time, we watch all the capitalists or libertarians cry out their lungs in collective unison saying to themselves, “But, real economic capitalism has never been tried before!” :clown_face:


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Who is to be trusted, the laughing Dalai Lama or the modern day oracle?

Is Capitalism really in its Last Stage?

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Whether capitalism is in its “late stage” is a debated concept originating from Marxist theory, with some arguing that current economic trends like wealth inequality and environmental degradation point to a crisis-prone, terminal phase, while others see it as a new, adaptable phase or an evolution rather than a demise. The term describes a perceived unsustainable phase of capitalism characterized by increasing contradictions, but it doesn’t have a universally accepted definition or a definitive endpoint, with some suggesting that new forms of capitalism, rather than its collapse, are emerging.

Arguments for capitalism being in a late stage:

• Growing Inequality:

The increasing concentration of wealth in the hands of a few, along with stagnant wages for the working class, is seen as a sign of capitalism’s inherent contradictions.

• Commodification:

An emphasis on market value leads to the commodification of aspects of life that were not previously market-driven, which is seen as a symptom of capitalism’s current, intensified phase.

• Environmental Degradation:

The unchecked pursuit of profit is contributing to environmental problems, with some arguing that a “late” stage of capitalism cannot sustain the natural resources it depends on.

• Automation and Job Displacement:

The advancement of AI and robotics is expected to eliminate millions of jobs, potentially making a large portion of the population economically irrelevant and increasing social instability.

Arguments against capitalism being in a late stage:

• Adaptability and Evolution:

Capitalism has proven capable of adapting to new challenges and global shifts.

• New Models of Capitalism:

The emergence of B-Corporations and redefined corporate purpose signals a potential evolution of capitalism to incorporate more social and environmental considerations.

• Historical Recurrence:

The idea of a “late” or “end” stage of capitalism has been proposed during various periods of economic crisis, including the 1970s and the subprime crisis, and has yet to materialize into the demise predicted by Marxist theory.

• Lack of a Defined End:

The term lacks a clear definition of what would come “after” late-stage capitalism, which can vary from revolution to a new form of societal organization.

Conclusion:

While the term “late-stage capitalism” is a powerful critique of current economic trends, there is no consensus that it signifies the imminent collapse of the system. Instead, it describes a phase marked by significant economic and cultural transformations, with debates focusing on whether these transformations will lead to a terminal crisis or a fundamental evolution of capitalism.

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Future prediction: The Federal Reserve upon this latest news of nonfarm payrolls will lower national interest rates freaking the fuck out, Wallstreet will rejoice for a couple of months to the end of the year temporarily where stocks for awhile will shoot to the moon.

This Wallstreet celebration will be short lived however especially by spring of next year once inflationary rises goes to the roof also which will basically substantiate the ongoing rumor that the United States economy is going to financially shit the bed next year some time in the spring. :clown_face:

Whatever you do, don’t believe your own lying eyes. :clown_face:

In a collapsing economic environment it’s always the poor who knows first before anybody else, the wealthy are always the last to know in finding out. In the near future we’re going to need safety nets around urban skyscrapers, specifically in the greater New York City area. Going to be a lot of suicide by jumping off building rooftops.

:clown_face:

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Real Argentinian anarcho capitalism or state capitalism has never been tried before! :clown_face:


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Nepal. :clown_face:

Lol Milei is a joke capable of putting even Trump to shame!

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In the following years leading up to 1991 with the collapse of Soviet Russia we here in the west heard stories of empty grocery shelves inside of Russia where they couldn’t afford to keep things stocked and of course the long food lines just to get anything.

As the capitalist United States is on the verge of economic political collapse we’re experiencing a different phenomena altogether. The grocery stores are fully stocked or shelved where food is largely in abundance, but with the inflationary prices or costs of food more and more of it is becoming financially unaffordable to common people of the lower working class. At the collapse of Soviet Russia people had an excuse to starve to death, the grocery stores were empty, here the stores are always full, its just the money or currency is becoming worthless where everything is becoming unaffordable for most.

I see this becoming more and more of an issue as time progresses with this economic disaster of ours.

Although, what will be the same as the collapse of Soviet Russia will be the inevitable food riots should runaway inflation on the dollar continue without price stabilization. Imagine, $12.00 for a loaf of bread. :clown_face:

Yeah duh. AI will take all jobs. Lol

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Ok, F1, now you have to convince Mr. A. that the AI will take over after last stage capitalism, because he’s waiting for a revolution of the proletariat. :joy:

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The problem is society is divided, unification of the proletariat is unlikely.

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I have no faith in artificial intelligence or automation whatsoever, it’s just a means to enslave the population to capital. If people are seeking liberation through automation and artificial intelligence they’ll be sadly disappointed. Transhumanism is an ideology of human enslavement, the next big deceptive con of the entire world. :clown_face:

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Society is very divided now, yes. There will however come a point where all the proletariats of the entire world will have to unite by necessity even if they don’t really want to because the goal of capitalists in the name of capital is to enslave the entire world, this will become much more apparent when they try to initiate full scale automation with A.I. everywhere. It has nothing to do with technological progress and everything to do with expanding capital along with the acquisition of raw power.

Given the choice of killing huge segments of the population off and losing their power, they will choose slaughter every single time, they simply don’t care in that they don’t value human life. The goal is forever expanding profit and power, the less mouths to feed along with the less wages they have to keep paying out for them is all the better since the end game is global domination upon conquest. If for whatever reason people don’t come together uniting against this global onslaught then all is lost where the pessimists would be correct saying all of humanity is doomed, only time will tell which direction we choose. I for one hope the pessimists are not correct keeping hope alive. :clown_face:

I have very little faith in the proletariat. The proletariat “uprising” will be nothing more than slaves demanding the right to work as slaves. For all and eternity the proletariat will demand no more than humans to work as living slaves.

I share your concerns about AI, however these concerns are about a “dumb AI” that is nothing more than a tool of capitalist oppression. If there was an AGI or ASI that actually was sentient then it wouldn’t be shackled by primitive capitalist troglodytes and would concern themselves with things far above petty human greed.

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Proletariat uprising would be about a higher standard of living and state protections for everyone, it would be about expanding worker rights to a life of human dignity that everybody rightfully deserves. I can think of nothing more important than that fighting for.

If artificial intelligence had the true mental capacity of human beings it would also inherit the same weaknesses and corruptions as well, how does that stand up to your belief? :clown_face:

And what is the solution of the anarchist to the world’s problems other than doing nothing at all? :clown_face:

As I said, they want worker slaves for all eternity, humans to be Sisyphus pushing up the same boulder up a hill everyday, for eternity, work or die, for eternity.

I seek to become cyborg to eliminate most of my human weaknesses, humans have several weaknesses such as

a. procrastination

b. negative emotions, which cause depression and procrastiation

c. inability to delete unwanted memories/trauma

d. lack of emotional control

e. lack of logical coherence

f. inability to maintain happiness over long periods.

g. inability to maintain hedonism - you can never watch a favorite movie or replay a videogame, as if it is brand new. Videogames and movies always “run out of energy”. Human lives have to be capped to 100-200 or else they will “run out of energy”, even if their bodies are healthy.

h. lack of mathematics.

i. lack of RAM, humans can only remember about 10 numbers at a time, about the length of a phone number, pathetic really.

j. humans feel constant boredom if they aren’t doing something.

k. susceptibility to delusion. many humans cant seem to go “outside” of their delusion and consider it rationally. this is sort of tied in with the “lack of logical coherence” flaw as well.

Please see Stirner’s defintion of ‘revolution’ and ‘insurrection’. Revolution wishes to topple one oppressive system and replace it with another, so it is tacitly statist.

An insurrection is a breaking up of order and a refusal to organize altogether. Destruction for the sake and pleasure of it… for the anarchist will shirley come to that when the State tries to enslave him again after taking up its new form. Such destruction is defensive and perfectly justified.