Extreme wealth preserves its own stability by shifting costs onto everyone else. Captain Fractal explores why even billionaires cannot escape the physics of their own existence.
Extreme wealth preserves its own stability by shifting costs onto everyone else. Captain Fractal explores why even billionaires cannot escape the physics of their own existence.
Much of what capitalism conditions us to fear in communism is what concentrated capitalism already does: centralise power, narrow freedom, restrict opportunity and preserve poverty as structural necessity.
Extreme wealth is not proof of independence. The billionaire appears to stand above society, but in reality stands upon it.
Economic reality is not found in the cash register. It is found in the relational field that makes the register mean anything at all.