Alexandre Oliva on Nostr: with inspiration from you and from varoufakis, I'm coming to the conclusion that ...

with inspiration from you and from varoufakis, I'm coming to the conclusion that so-called capitalists aren't really capitalists, they're feudal lords in disguise, imposing capitalism on others while enjoying their lordship. it checks out: they aim for rent extraction rather than selling products in a competitive market; they make vassals out of customers and users; they don't even sell stuff: they rent it, or they just pretend to sell it while still owning it, allowing them to use stuff as the lords see fit while charging vassals for the privilege, and enforcing their loyalty. we don't seem to have had actual capitalism for over a century: during the imperial expansions and wars of the early 1900's, neofeudal lords had taken over from capitalists already, and we've been going downhill since then. but feudal lords learned from capitalism in the process of swallowing it: the practice of reinvestment for exponential growth seems to have been adopted very successfully by them.