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Christian R-P's avatar

Echoes my feelings in its entirety. But I fear this is what the dominant class is aiming at. They’re aiming at positioning themselves in such a way that we are all scared of them and feel completely helpless to do something about it. And it simply cannot be. That’s why work like yours is so important. Let’s keep pushing.

Barry Bumblebee's avatar

Spot on. If I may riff tangentially thereon:

The lifeblood of the vampirous malignant narcissist class is neither creativity nor productivity; it’s other people’s flourishing and happiness, which they live off like poisonous, blood-engorged parasites.

People need to somehow push aside the years of brainwashing about prosperity arising from a singularly special investment and business elite, alone capable of generating value and employment through Schumpeterian ‘creative destruction’.

Instead, these vile oligarchs hate ‘capitalism’ proper because it implies genuine competition, and genuine competition is not only too much like hard work, it is an affront to their inherent delusions of superiority. Their real shtick is ‘destructive destruction’ of the sort we are seeing clearer than ever now the veil has been lifted. Trump has mastered control by chaos like many malignants before him; however, lacking all control he has mounted the approach in a giant frame and hung it on the wall of every single living room on the planet.

Of course, that’s why they love grift business areas like fossil fuels and now massive tech platforms, even as they dream of making the latter even bigger and all-encompassing through AI. Such industries enable them to readily bribe corrupt governments and politicians; set prices through cartels and anti-competitive lock-in and network effects; be well-rewarded no matter how poorly they operate or how many externalities they create; and create a dependency that bakes in policy capture for free.

I would love to see a political position develop around real competition; i.e., economic policy, industrial policy, securities law, competition law, education and training, employment law, etc., all geared towards competition as the key metric. We allow firms to talk openly of ’unfair advantage’, as if that’s somehow meritorious. No, it’s inflationary, highly destructive, misery-generating, and in theory already illegal.

That’s not a call to a communism or a socialism; on the contrary, it’s a call to capitalism proper. The most desireable nations on the planet are pretty much all rooted in one or another localised version of the welfare state, the odd small tax haven-like state on the fringes of major economic regions aside. Why? Because clearly that’s the best way we have to date of ensuring more and better competition, and at scale is far more value-creating, disciplining and quality of life-ensuring than delusions about some superior class, which as we now know is little more than a grotesque, muderous, abusing, weirdo cult of sex pests.

If the ba$tards want to leave for a lawless land, let ’em. The clearest and most obvious thing about capitalism is that every single firm and leader is easily and readily replaceable, with a vast swathe of grifting firms little more than economic squatters. Claims to the contrary are the biggest fantasy of them all, holding back much greater prosperity and flourishing.

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