Corporate culture is based on constant growth and ever increasing profit margins. Eventually they’ll amass so much of the wealth that most of the lower class won’t be able to purchase anything other than essentials like food.
No new cars, no tech gadgets, no fancy dinners, no vacations, no disposable income.
When we get there the economy collapses because there’s no money going into it.
The profits stop rolling in, unnecessary goods stop being produced, and the luxury goods producer’s shut down.
At this point the money they worked so hard to hoard becomes worthless because they can’t buy anything with it.
What’s the endgame for them if their current path takes them to a point where their assets are more or less worthless?

  • 31337@sh.itjust.works
    link
    fedilink
    arrow-up
    26
    ·
    1 day ago

    I think the ultra wealthy and powerful understand that revolution becomes more likely as the majority’s material conditions declines, so their endgame is to throw just enough crumbs to the majority so that they don’t want to risk losing those crumbs. Many of today’s ultra wealthy and powerful seem exceptionally out of touch with reality and dumb though, so idk. Some are accelerationists (i.e. e/acc), and purposely avoid taking into account possible negative consequences.

    • Breve@pawb.social
      link
      fedilink
      arrow-up
      4
      ·
      10 hours ago

      They want control of governments so they can wield total authority over the working class and exploit them even harder than they already do. Amazon will make showing up to work late a felony punishable with jail time. Oh and the jail is actually an Amazon fulfillment centre.

    • nutsack@lemmy.world
      link
      fedilink
      arrow-up
      4
      ·
      21 hours ago

      with sufficient technology and capital, they should be able to stave off any kind of revolution. and then the question becomes whether or not there is any incentive to keep the plebian class happy or alive.