this post was submitted on 12 Sep 2023
130 points (100.0% liked)

chapotraphouse

13535 readers
929 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Gossip posts go in c/gossip. Don't post low-hanging fruit here after it gets removed from c/gossip

founded 3 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 1 year ago* (last edited 1 year ago)

I've noticed this too. There are already C-level agencies where a hedge fund can dial up a specific board for their purpose, from fucking over the founders of a seed start-up, to pivoting from a pro-consumer growth model to profit maximisation, to "Strip the copper wiring before the smallholders notice".

See also the heads of banks and financial institutions going from among the richest captains of industry to mere money butlers with values 2 orders of magnitude below their clients.

There's no longer a spectrum of bourgoise, there's your local used car salesman or medium business owner with 30 employees. And then there's the mega rich. Everyone in between is now Labour Aristocracy and eventually, they're gonna realise that.