Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down some payments to federal contractors, suggesting that the world’s richest man may have access to sensitive systems used at the US Treasury Department.
Well all this cutting of government services, jobs, and funding will lead to a mass privatization of the public sector, which means easy buyouts, desperate unemployed workers to be swooped up, and more profits for American Billionaires no?
You gotta remember that Capital always thinks short-term; while we see the self-sabotage of a centuries long Imperialist project, they see incredible opportunities to ransack the state coffers.
I really don’t think it’s any more complicated than that.
I agree with this take. Capitalism basically stumbled into a successful several decades during and after the fall of the USSR; that was seen as the result of American exceptionalism and an inherent property of the society.
There’s also the aspect of reaction trying to force things back to “the way they were” in some perceived idyllic past.
Well all this cutting of government services, jobs, and funding will lead to a mass privatization of the public sector, which means easy buyouts, desperate unemployed workers to be swooped up, and more profits for American Billionaires no? You gotta remember that Capital always thinks short-term; while we see the self-sabotage of a centuries long Imperialist project, they see incredible opportunities to ransack the state coffers.
I really don’t think it’s any more complicated than that.
I agree with this take. Capitalism basically stumbled into a successful several decades during and after the fall of the USSR; that was seen as the result of American exceptionalism and an inherent property of the society.
There’s also the aspect of reaction trying to force things back to “the way they were” in some perceived idyllic past.