Late Stage Capitalism, Crony Capitalism, pretty much textbook.
It’s not late stage capitalism or crony capitalism or über capitalsm: it’s capitalism.
That’s what “late stage capitalism” means though. Not some distinct subset of capitalism, just the inevitable result of capitalism + time. The later you get, the more extreme the inherent problems become. Late stage capitalism is a declaration of degree, not type.
Warren Buffett is like Bill Gates. He’s an evil billionaire (all billionaires are evil) who keeps pretending to be a good guy so people won’t despise him.
Nobody earns a billion dollars, we’ve decided as a society that even global leaders, scientists and life saving doctors who do the most important work don’t earn that much. It’s impossible for a human to be valuable enough to earn a billion dollars. Therefore every billionaire is where he is, because he stole the wealth of the people below him who did the actual work. Every billionaire is a wage thief.
Bill Gates has also literally saved more lives and helped more impoverished people than you and the the closest 500 people you know. Yes, no one, no matter what they invent, create, or build, should be worth over a billion dollars, but unlike Amazon employees or wal mart, no one working at Microsoft ever needed food stamps and he stopped amassing wealth a long time ago, and even convinced some of his retarded wealthy friends to do the same.
Didn’t he straight up prevent vaccine creation by torpedoing the public domaining of covid vaccines, killing millions?
