Late Stage Capitalism · 2 years ago

All billionaires under 30 have inherited their wealth, research finds | Rich lists

www.theguardian.com

All billionaires under 30 have inherited their wealth, research finds | Rich lists

www.theguardian.com

sabreW4K3@lazysoci.al to

Late Stage Capitalism · 2 years ago

All billionaires under 30 have inherited their wealth, research finds

www.theguardian.com

Fifteen young billionaires are among the first wave of a $5.2tn transfer of wealth by the ageing super-rich

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Late Stage Capitalism

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A One-Stop-Shop for Evidence of our Social, Moral and Ideological Rot.

(It is also the official version of r/LateStageCapitalism/ on the Fediverse)

This community is for:

News, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge the narratives which act as legitimations for the status quo of modern class society. Posts need not be about capitalism specifically, whether late-stage or otherwise; we simply aim to cater to a socialist audience.

We do allow links to threads and comments on Lemmy/Reddit, as long as they are relevant to the content guidelines and follow the rules. Use NP links, or your post will be deleted.

Philosophy:

This community has its roots in broad-based anti-capitalist thought, with an emphasis on Marxist concepts and analysis and a commitment to antiracism and inclusive feminism.

When it comes to proposed alternatives to Capitalism, it is the general consensus of this community that class-divisions and alienated labour must be abolished; production must be collectively organized by the laborers themselves for the direct benefit of all. We call this socialism.

Find out more here: The Principles of Communism

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1. Lemmygrad-wide rules apply. Behavior such as brigading and harassment won’t be permitted. Neither will posts that can be interpreted as explicit threats of/calls for violence.

2. Any post that makes a claim should have a RELIABLE source or explanation in the comments by OP. All claims, news articles, tweets and so forth that are an example of LSC should be substantiated with a reliable, factual and verifiable source. Any posts that egregiously break this rule will have their poster temporarily banned. If the Automoderator deletes the comment with sources that’s fine, the moderators can still see and restore it.

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4. No capitalist apologia, anti-socialism, or liberalism. This community is intended for a socialist audience, and while good faith questions are allowed, pushing your own counter-narrative here is not. We do not allow support here for capitalism or for the parties or ideologies that uphold it. We are not a liberal or (U.S.-/Social-) Democrat community; we are a socialist community.

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6. No “lesser evil” rhetoric. Lesser-evil rhetoric in relation to elections or current policies is prohibited. Dismissing voting third party because they are “useless” or because you are “throwing your vote away” also violates this rule. It also encompasses saying Trump is “worse” for Gaza, as that place is already completely destroyed. Trump is merely carrying out what the American ruling class started under Biden. Resorts being built and mass relocation were already happening under Biden and Kamala would’ve continued it.

7. No bigotry. No racism, sexism, homophobia, transphobia, ableism, or classism. The respect for readers who are subject to these forms of bigotry takes priority in this community over your right to speak freely.

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This is regarding positive posts or posts agreeing with their statement. Negative posts are permitted but better suited to communities like /c/ShitReactionariesSay

Please note that Robert Reich or Bernie Sanders as liberals also fall under this rule.

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