Tag Archive for Willing Destruction

Late Capitalism in Weimerica Pt. 4—To Arms

Urban Dictionary: Late Capitalism: The advanced stage of unmanaged capitalism in which corporations and the wealthy, having run out of quick and easy paths to profit and economic growth, begin cannibalizing the societies in which they operate instead of investing in them. Features: Declining wages for workers, privatization of government, dismantling of social services, sale of cultural & national heritage,…

Late Capitalism in Weimerica Pt. 3: The MAX Slayings

David Ruccio: …I remain sympathetic to the idea that “late capitalism” effectively captures at least some dimensions of contemporary economic and social reality. Here in the United States, there’s clearly something late—both exhausted and exhausting—about contemporary capitalism. In the wake of the worst crises since the first Great Depression, growth rates remains low, leaving millions of workers either unemployed or underemployed. Wages…

Late Capitalism in Weimerica Pt. 2: Rise of Trumpism

Reddit defines Late Stage Capitalism: 1. The horrible things that the capitalist system forces people to do in order to survive within it. 2. Zesty memes, videos and GIFs that critique the social, moral and ideological decay of western capitalist culture. 3. The larger trend of corporate immorality and the increasing commodification and marketing of things that should not be…

Late Capitalism in Weimerica Pt. 1: The Bundy Revolt

The Atlantic: “Late capitalism” became a catchall for incidents that capture the tragicomic inanity and inequity of contemporary capitalism. Nordstrom selling jeans with fake mud on them for $425. Prisoners’ phone calls costing $14 a minute. Starbucks forcing baristas to write “Come Together” on cups due to the fiscal-cliff showdown. This usage captures the resurgent left’s anger over the recovery…

The Willing Destruction of Self Belief in Bonapartism II

I’ve been asked a few times how I was able to predict a Trump victory.  First and foremost, I did not.  I merely mapped out the conditions in the United States and how they were similar to when a similar demagogue was able to pull out unexpected electoral victories. Second, I am not the first to say that Trump is…

The Willing Destruction of Self Belief in Brexit

While tempting, it is still to early to say what exactly is going to happen in regard to Brexit.  This being said, we can look at what did happen. Brexit has, for the most part, been framed as a kind of anti-globalist revolt that mirrors the Trump candidacy in the United States.  The dominant narrative seems to be that after World…