Earlier quoted context omitted.
In our case I think late stage capitalism is what we are calling the combination of extremely low interest rates, low tax rates on the super-rich, and a lack of antitrust enforcement. The rich get richer, the middle class gets gutted, and nobody is incentivized to care any more.
> extremely low interest rates Citation needed. The current mortgage rate is 6.8% for 30 years. > a lack of antitrust enforcement Citation needed. Google, Meta, Amazon, Apple are all in court for antitrust cases.
Being brought to court is not the same as being brought to justice. Look at our president, he's been to court a lot--been indicted even--and he's still in the fucking oval office. These companies will get a slap on the wrist and nothing will change.