this post was submitted on 17 Dec 2024
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Late Stage Capitalism

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[–] Kvoth@lemmy.world 11 points 1 week ago (4 children)

Debatable honestly. People inherited who were so bat shit insane even the "free market" can't do worse.

[–] groet@feddit.org 13 points 1 week ago

Insane people inherit wealth today and lead their "kingdom" to ruin only to be proper up by somebody else only to fail again.

We just haven't had this type of capitalism for long enough to see many Neros that had infinite power and then ruin it completely. We are in the holy Roman empire with 1000+ kingdoms constantly in strive with each other. Some are more powerful than others and ever so often one completely shits the bed because the inherited child is an absolute buffoon.

[–] Diplomjodler3@lemmy.world 6 points 1 week ago (1 children)

Also, it was by no means always inheritance. Quite often it was the most power hungry psychopath that won.

[–] theangryseal@lemmy.world 6 points 1 week ago

I’ll pay you more. Come with me! Well, that and God said that I should be king. It is my divine right! My great grandpa made a deal with his great grandpa! Oh, and never fight uphill, me boys. Not good.

[–] shalafi@lemmy.world 4 points 1 week ago (1 children)

And Musk can't order you beheaded.

[–] Maggoty@lemmy.world 0 points 1 week ago (1 children)

The path to being a CEO of an established company starts with being born in a zip code that offers connections to the wealthy elite. We already have an Aristocracy back.

[–] Kvoth@lemmy.world 0 points 1 week ago

I'm not disputing that. I said debatable because it was the right word