Alexandre Oliva (lxo@gnusocial.jp)'s status on Saturday, 02-Nov-2024 04:33:48 JST
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what I've found is that different people assign very different meanings to such loaded and heavily targeted by propaganda terms as capitalism, socialism, and communism. to my neurodivergent mind, that's very upsetting, so I set out to seek names to the different aspects I find people appreciating and criticizing
but there's more: one of the oldest tricks in the holy book of fooling people is overloading. capitalism started out as one set of concepts that a number of scholars wrote about, but what we're living in today isn't that any more. people who go to those books looking for enlightenment about capitalism are either going to find praise for something that no longer exists, or criticism that applies only to a small part of it
there's a recent name for remaking a service so as to extract value from it more efficiently, and people are fooled into thinking of it as still the same service. if it got a different name, they wouldn't remain as attached to it.
anyway, what I'm saying is that once capitalism entered the imperialistic phase, that was enshittification of capitalism. which is not to say that it wasn't already full of shit before, just that it got significantly worse.
that can be objectively measurable, as lenin presented, and it's such a departure that I no longer see it as capitalism with a twist, but as feudalism with capitalism practices. feudalism, originally, seems to have been mostly about sustaining rather than expanding. capitalism brought the notion of investing to expanding capital exponentially, that marx wrote about. fusing rent seeking through land control and serfdom with exponential expansion of capital yields imperialistic colonialism.
but these feudal lords that became dominant under this chimera still entice enterpreneurs with bait of riches that are no longer available, because we no longer live in that capitalism that scholars wrote about, it's multiple-times enshittified capitalism