Late stage capitalism. Relentless pursuit of higher quarterly profits and earnings that fuel CEO bonuses and shareholder dividends. All at the expense of the people people who actually create the value. Also. That first line ain’t paying for college loans.
Of course it is necessary to exploit workers while some of us are still alive. If a systemic collapse leads to massive destabilization, then elites will regret any missed opportunities for having extracted greater profits.
More like End Stage Capitalism, right now. CEOs and Shareholders have seen the approaching cliff and know that we all are about to fall right off of it. Rather than change course, they have decided that they should get to a point where falling off the cliff will deal them no damage. This means exploiting workers to the hilt to the point where they will be able to escape the consequences of their actions.
Late stage capitalism. Relentless pursuit of higher quarterly profits and earnings that fuel CEO bonuses and shareholder dividends. All at the expense of the people people who actually create the value. Also. That first line ain’t paying for college loans.
Of course it is necessary to exploit workers while some of us are still alive. If a systemic collapse leads to massive destabilization, then elites will regret any missed opportunities for having extracted greater profits.
More like End Stage Capitalism, right now. CEOs and Shareholders have seen the approaching cliff and know that we all are about to fall right off of it. Rather than change course, they have decided that they should get to a point where falling off the cliff will deal them no damage. This means exploiting workers to the hilt to the point where they will be able to escape the consequences of their actions.
That huge CEO bonuses make my blood boil. They do not fucking deserve it.
I’m not sure if it second or third stage of enshittification.