#latestagecapitalism

25 posts · Last used 19d

Hey, let's talk about some dangerous numbers. The federal unemployment rate, reported by the Bureau of Labor Statistics, counts people who do not have jobs, are available for work and actively seeking employment. The #BLS reported a 4.1% #unemployment rate for July 2026. The Ludwig Institute for Shared Economic Prosperity, or #LISEP, measures people without jobs, workers who want full-time work but are employed part time involuntarily, and workers earning less than $26,000 a year before taxes. LISEP reported a functional unemployment rate of 24.9% in July, six times higher than the federal figure. If a quarter of your working age population cannot find labor that allows them shelter, food and necessities, then you are sitting on a powder keg. https://www.lisep.org/ #US #economy #workingpoor #lateStageCapitalism #Cassandra
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"Let's Stay Human" - by Caitlin Johnstone

https://www.caitlinjohnst.one/p/lets-stay-human

The product they are selling us is not the chatbot itself. The actual product they’re selling is freedom from cognitive and emotional discomfort. From the discomfort of learning new skills. From the discomfort of personal growth. From the discomfort of taking risks. From the discomfort of pushing past that intimidating blank page to get something written. From the discomfort of having to think about other people and consider their interests and feelings. From the discomfort of having to interact with other humans and maybe say the wrong thing sometimes. From the discomfort of leaping into the unknown.

But all the best things in life sit on the other side of discomfort. Love. Romance. Intimacy. Art. Creativity. Growth. Healing. Rising beyond our limitations. Liberating ourselves from the illusion of the ego. They all require us to push through discomfort to the treasure on the other side. An aversion to discomfort is an aversion to a fulfilling human life on this planet.

#collapse #AI #SamAltman #Decadence #LateStageCapitalism #degeneration #CognitiveAtrophy #CognitiveDecline #Dehumanization

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Replying to
@randahl@mastodon.social I’m glad Elon exists: he’s showing the world that to make inordinate amounts of money and become one of the most powerful oligarchs in the world, you don’t need even an ounce of intelligence, you just need to be a sociopath eager to exploit even the most vulnerable. He also makes clear that this system is a failure if it rewards these kind of individuals, with no correction mechanism in place. He’s a techno-wanker cyber-douche POS. #oligarchy #technofeudalism #latestagecapitalism
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RE: https://metroholografix.ca/@billions/116966242870248718 Elon has lost around $250 Billion since he floated SpaceX He's still the World's Richest Man Do we think the System is working? #ElonMusk #Musk #LateStageCapitalism
Quoting
Todays #centibillionaires according to #Forbes: #1: Elon Musk - $750.22 - USA/Tech #2: Larry Page - $280.85 - USA/Tech #3: Sergey Brin - $259.09 - USA/Tech #4: Jeff Bezos - $254.49 - USA/Tech #5: Michael Dell - $241.34 - USA/Tech #6: Mark Zuckerberg - $215.18 - USA/Tech #7: Jensen Huang - $183.22 - USA/Tech #8: Larry Ellison - $166.03 - USA/Tech #9: Bernard Arnault - $145.04 - France/Retail #10: Warren Buffett - $138.71 - USA/Finance #11: Amancio Ortega - $138.3 - Spain/Retail #12: Rob Walton - $128.98 - USA/Retail #13: Jim Walton - $126.3 - USA/Retail #14: Carlos Slim Helu - $125.77 - Mexico/Telecom #15: Steve Ballmer - $125.73 - USA/Tech #16: Alice Walton - $117.5 - USA/Retail #17: Michael Bloomberg - $109.42 - USA/Finance #18: Changpeng Zhao - $108.01 - Canada/Finance #19: Thomas Peterffy - $107.21 - USA/Finance #20: Bill Gates - $105.83 - USA/Tech Top 10: $2.63 Trillion Total: $3.82 Trillion Full List: Link in profile #noOligarchy #noBillionaires #billionsbot
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Damit dein Kind später mal sagt: "Papa, ich zahl dein Insulin." "Papa, ich zahl deine Physio." "Papa, ich kompensiere dein fehlendes Bürgergeld". "Papa, ich bezahl dein Hospiz." "Papa, ich werde deine Beerdigung zahlen". Ich muss gerade an das Goldi Sparbuch der Commerzbank "von früher" denken. Das war wenigstens ehrlich. #Shitpost #LateStageCapitalism
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The stock market is soaring again. Right fucking there is the main problem. Evil is wildly profitable. War is highly profitable. Subservience and consumerism enables it. Every Amazon order funds genocide. Every Facebook advertiser, Tik Tok creator, and YouTube channel is funding the Epstein class. Every 401k is dripping with blood. Americans need to grow spines. #GeneralStrike ends this madness fast. Fuck the stock market and fuck your portfolio. #EatTheRich #LateStageCapitalism #finance
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