There was a book called PostCapitalism that talked about when the returns of financials exceeds the returns on actual goods and services, there tends to be collapses and such. It’s been a while since I’ve read it. It didn’t really present a way out of capitalism beyond “I dunno, UBI maybe?” but the rest of it was interesting.
There was a book called PostCapitalism that talked about when the returns of financials exceeds the returns on actual goods and services, there tends to be collapses and such. It’s been a while since I’ve read it. It didn’t really present a way out of capitalism beyond “I dunno, UBI maybe?” but the rest of it was interesting.
any money given to the middle and lower classes ends up in the pockets of the rich by the end of the day. UBI is literally just welfare for the rich.
The only way out is horizontal organising.