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Jeffrey Sachs Explosive Address at the EU Parliament
(www.youtube.com)
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this post was submitted on 28 Feb 2025
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I tend to not like any capitalist system as it will always decay into neoliberalism eventually.
is it just me or neoliberalism always looks like its decaying back into feudalism
yes even if the state does manage to buy back assets and hold them for a long time and actually run them properly as long as there are capitalists competing with the state there will always be an incentive to flog the states assets for cheap price and entshittify them it’s why social democracy is a bandaid
Money supply definitely gets looser and looser as peoples salaries are debased.