I’m watching BlueSky collapse, and I’m shaking my head. Oh, no! Who could have possibly seen this coming…?
Capitalism is a vehicle and tool for fascism. Capitalism inevitably leads to fascism. Any venture capital investment or interest will lead to fascists on the platform. Capitalism leads to the concentration of wealth and power in the hands of a few individuals or corporations. This concentration creates monopolies or oligopolies that control the economic and political systems, a characteristic of fascist regimes. Fascism involves the alignment of large corporations and the state to maintain control.
In capitalist systems, the primary focus is on maximizing profits rather than the well-being of the populace. This leads to policies and practices that prioritize the interests of the wealthy elite over workers, marginalized groups, or the general public. In a fascist society, the government aligns with corporate interests and disregards the needs of the people.
Venture capital, which drives much of the startup economy, focuses on high returns for investors. This leads to the exploitation of workers through low wages, precarious labor conditions, and the suppression of workers’ rights. In a fascist state, workers are tools for the state and corporate machinery, with no regard for their rights or conditions.
Fascism favors centralized control, where state and corporate interests work hand in hand to control the economy, media, and public life. In capitalism, large corporations, through their immense wealth, exert significant influence over government policy, mirroring the authoritarian tendencies seen in fascist regimes.
Fascism is a natural evolution of capitalism in its later stages. As capitalism matures, the contradictions between the working class and capitalists intensify. When these contradictions reach a tipping point, the state adopts fascist policies to maintain control and protect the capitalist system, leading to increased repression and authoritarian rule.
Any social media platform that prioritizes profits will inevitably welcome Nazis and fascists.
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@SapphireDragon Well that's not true.
Where do you think profits come from? Where do you think the revenues come from? In capitalism people voluntarily exchange money for their own benefit. Capitalism necessarily involves distribution of power out to the people engaging in those exchanges rather than concentration of power, or else there won't be any money to make profits.
Sounds like you just don't understand how economics work even though we see it for ourselves on a daily basis.
