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Allen's avatar

Those who insist on attaching an adjective to the word "Capitalism", as in "Crony Capitalism", "Financial Capitalism", "Disaster Capitalism", "Shock Capitalism", "Unregulated Capitalism", "Shareholder Capitalism" and now "Stakeholder Capitalism", betray their ignorance as to what capitalism is.

It is capitalism, pure and simple, and there can be no confusion. What we see is what it is.

Perhaps there was slightly more justification for this jive two decades ago. Today, there is no possibility of a debate. The End of Ideology has itself ended. Instead of bringing "stability" to the world, capitalism has brought depression and fragmentation. Instead of bringing democracy and prosperity to the world, it has wrecked local societies where they hung on by a fingernail. No extended criticism is needed because criticism itself - social, political, and economic - has become a criticism of capitalism.

It has been this way for a long time. In the 19th century, capitalism was that which ripped small holders from the land, chained children to machinery, and pushed entire populations, on threat of extinction, across the surface of the earth. In the first part of the 20th century, Capitalism was synonymous with War and Fascism. Imperialism? Colonialism? Famine? Genocide? All the faces of Capitalism...

They told you that Capitalism changed? They lied.

If you hang your hat on reforming Capitalism, believe that your "freedoms" depend on the continuation of Capitalism, or think that Capitalism is "still preferable to everything else", all it means is that your turn hasn't come yet...

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Joe Kosugi's avatar

‘Stakeholder’ has a great sound to the sheeple, but in practice the WEF and WHO wants us penned into crowded, ‘smart’ cities. They want us being forced into taking a continuous regimen of mRNA gene therapy, since they believe we are ‘hackable animals’, despite the fact that we have a very limited understanding of DNA. They get rich from “ green, stakeholder inclusive policies”, while the masses become peons, eating GMO frankenfoods, and the elite become lords.

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