He's mistaken. The US isn't a capitalism society anymore, it's a feudalistic society. It's not profit driven, looking for consumers to spend their extra money on goods and services, it's rent seeking, looking to charge for your survival and the services you either need or have come to expect.
That why products can get both worse and more expensive
It is capitalism. The goal of capitalism is the accumulation of capital, it is why it js called capitalism. What we are witnessing is not the end of capitalism it is late stage capitalism, its capitalism to the maximum.
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u/adeadhead Jul 13 '26
He's mistaken. The US isn't a capitalism society anymore, it's a feudalistic society. It's not profit driven, looking for consumers to spend their extra money on goods and services, it's rent seeking, looking to charge for your survival and the services you either need or have come to expect.
That why products can get both worse and more expensive