this post was submitted on 23 Jan 2024
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[–] FlyingSquid@lemmy.world 48 points 9 months ago (3 children)

Late stage capitalism means everyone is fucked except the 1%. It's worse than feudalism in some ways.

[–] Kyrgizion@lemmy.world 22 points 9 months ago (1 children)

You could get together enough serfs to overthrow the local lord.

Much harder to do with a board of directors overseas, unfortunately.

[–] FlyingSquid@lemmy.world 6 points 9 months ago (1 children)

That said, the Peasant's Revolt didn't do well. The Black Death, however, basically ended serfdom because mobile labor was in high demand.

[–] umbrella@lemmy.ml 3 points 9 months ago* (last edited 9 months ago) (2 children)

the peasant's revolt went really well on places like russia...

[–] FlyingSquid@lemmy.world 5 points 9 months ago (1 children)

I think we're talking about two different revolts.

The one I'm talking about is this one- https://en.wikipedia.org/wiki/Peasants%27_Revolt

The one you're talking about is on this list- https://en.wikipedia.org/wiki/List_of_peasant_revolts

[–] umbrella@lemmy.ml 2 points 9 months ago

my dude, the russian revolution was mostly peasants.

[–] Jaysyn@kbin.social 16 points 9 months ago (1 children)

Medieval serfs definitely had more free time.

[–] pyromaster55@lemmy.world 22 points 9 months ago (1 children)

I am still trying to figure out how I am currently working more than I ever have with less free time than ever, and yet also manage to somehow have less disposable income than ever as well...

[–] agitatedpotato@lemmy.world 14 points 9 months ago* (last edited 9 months ago)

Record profits dont make themselves, and the ceos arent making anything, selling anything, or providing any services themselves. They simply sit back and direct all the value created by you and others who did make the product, sell the product, or provide services. It's honestly that simple.

The ratio of how much money you get to keep compared to the total monetary value your labor produces has never been lower. Or to put it in economic speak, 'stock prices have never been higher'.

[–] novibe@lemmy.ml 3 points 9 months ago

Especially if you consider the “1%” include doctors, lawyers, engineers etc. Workers, like you and me. The real divide is between the 0.01% and the rest of us. It’s between a couple thousand in each continent, and the rest of us. All 8 billion of us.