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?
Its about control. When the stocks crashed in its a wonderful life, the evil banker was ‘kind’ to lend people money to switch over to being his customer. This brings them under their control.
Feudalism
the conspiracy brain in me, looks at ranting from people like elon musk, who say there’s going to be a population collapse, and Im thinking of Resident evil, (the bad movies).
I think they’re banking on the hope that in 20 years there’s going to be billions fewer people in the world, we’re already close to setting it off with the unprecedented increase of state vs state wars since 2020. Azerbaijan/Armenia, Israel/Levant, and even bigger ones that we’ve not seen since the 80s like Russia/Ukraine and with all probability, China/Taiwan by 2028 at the latest.
they’re banking on there being less people to feed, house, and otherwise provide for. so they can fall back to a kind of corpo-feudalism
I don’t think there’s any coherent end game for global oligarchs, just the habit of acquisition and growth without limit. It’s a kind of mental illness, in my opinion. As they say, the world has enough for everyone but not enough for the rich.
In terms of population and the ruling class it’s interesting to consider feudal Europe. Lords had complete control over those who worked their land. Serfs even needed permission from their lord to leave their village for any reason, they had no freedom to look for a better life elsewhere. (Incidentally this is why there are so many accents in the places like the UK—isolation lead to language differentiation.)
The Black Death destroyed the feudal system due to population collapse (on a scale that’s difficult to comprehend) and the nobility suddenly had to compete for workers, offering better pay and conditions to lure them to work their land. This lead to increased social mobility and the rise of the middle class.
We may be heading towards a new feudalism but it’s difficult to predict what it might be like, especially if there’s a population crash. Capitalism needs consumers no matter how much automation is employed to produce goods.
Ditch the planet, let us have the wastelands, if they can’t just execute us first, or starve us to a more controllable population level. They want it to be them, and a small number of us to do the jobs they couldn’t or refuse to automate. This is the only answer that makes sense with everything they do. They aren’t stupid, they aren’t trying to destroy their own habitat, so their end game either doesn’t include us, or doesn’t include the planet entirely.
maybe something akin to hungergames to keep masses under control
The rich don’t care about money, they care about capital. They want to own every house, automobile, factory, and natural resources. Money is a very temporary store of value so more assets can be purchased.
The line will infinitely approach 0 but never get there. That is what credit is for. The rich will gladly let you borrow their vast wealth to buy the cars and the homes, and in exchange you will be their indentured servant for life. Win Win, economy go brrrrrrr…
What
In short:
If the rich loan you money with interest (banks being the intermediary) they can make money by taking a percentage of the value you produce while also keeping consumer goods flowing. Its already been happening for decades and is how the super rich are able to exist for decades to come.
Translated for the corpo class: if number go up too big, number no more go up.
Why use many word when few word do trick?
Burn corpo shit.
Check out Timeless with JT
This leads to the total collapse of global society
Robocop sort of addresses this.
the first corporate war probably
The same as any other accumulation process. Those unable to sustain themselves fall off the bottom and those with any remaining wealth are restratified into a hierarchy of the most to least wealthy.
The cycle begins again!
If they thought as effectively as the question in the title, they wouldn’t be doing what they’re doing.
