Late Stage Capitalism

5614 readers

1 users here now

founded 5 years ago

MODERATORS

[email protected]

-1

Wild analysis of capitalist ownership structure (welcometothemachine.co)

submitted 1 year ago by [email protected] to c/[email protected]

2 comments fedilink hide all child comments

This is truly a wild analysis. It's entirely plausible that Black rock owns the longs and Citadel owns the shorts and that they collaborate. But just the circular ownership leading to total dominance of the market by a few hundred people is enough to make this worth reading.

top 2 comments

sorted by: hot top controversial new old

[–] [email protected] 0 points 1 year ago (1 children)

Thank you for sharing this; have not actually finished reading just yet. Some "political" connecctions author makes do seem... Very particular. Search for "Marx", "Lenin", "Communism" in the document if you would like.

Actually after having done that myself, perhaps it does, in part, belong to TL;DR. Thankfully the author did account for that.

[–] [email protected] -2 points 1 year ago

I think the author's politics are liberal and the author's beliefs about history and politics are the result of propaganda. But the analysis of ownership itself is the thing I found worth examining and considering.