this post was submitted on 02 May 2024
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It lets ppl describe late capitalism without using those words or even knowing that’s what they’re describing.
Were stuck Don’t Look Up style in a cycle of trying to find a way to explain and enumerate the things happening around us without pointing to their precursors even when we remember them from our own lives and experiences.
This is the correct answer. These "things are getting worse" terms are on the right track, but they don't describe why things are getting worse.
Class-based systems like feudalism and capitalism have overarching rising and falling phases, and in the late phases, exploitation of our labor increases drastically as the ruling classes fight over a declining surplus. This has rippling effects to every other aspect of society, from how hard we're forced to work, to the degradation of media, art, politics, etc.
You also made me think of this relevant quote by Lenin:
Exactly this. It is not new, it's just a form of rent seeking.