this post was submitted on 26 Feb 2025
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Privacy

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[–] WhatAmLemmy@lemmy.world 76 points 1 month ago (2 children)

It's what's known as "vulture capitalism" or "parasitic capitalism", where sociopathic kleptocrats are allowed control and treat all aspects of life as hostile and adversarial — value must be extracted and stolen from others — rather than a mutually beneficial relationship to improve and enrich the experience for everyone.

This is exemplified by the stock market and "line must go up" — the belief that stable, sustainable profits are a failure and growth must be continuous and exponential, in a planet and civilisation of finite resources, analogous to cancer.

[–] Septimaeus@infosec.pub 27 points 1 month ago (1 children)

There is even a rumor that, perhaps, no other form of capitalism truly exists.

[–] wheeldawg@sh.itjust.works 16 points 1 month ago

I was about to say that just sounds like capitalism.

[–] lambalicious@lemmy.sdf.org 10 points 1 month ago

It’s what’s known as “vulture capitalism” or “parasitic capitalism”,

So, capitalism.

Or please kindly enumerate what other kinds of capitalism provably exist.