Late Stage CapitalismEnglish · 3 years ago

Cartier boss with $7.5bn fortune says prospect of the poor rising up 'keeps him awake at night'

www.independent.co.uk

Cartier boss with $7.5bn fortune says prospect of the poor rising up 'keeps him awake at night'

www.independent.co.uk

LengAwaits@lemmy.world to

Late Stage CapitalismEnglish · 3 years ago

Cartier's $7.5bn owner says fear of poor rising up 'keeps him awake at night'

www.independent.co.uk

Says he is concerned about robots creating 'structural unemployment'

The rich were nestled all snug in their beds, While visions of guillotines danced in their heads.

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They’re a borderless class. Once they plunge a society into chaos they’ll just up and leave to the next country/victim. They don’t care.

Late Stage Capitalism

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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.

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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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