this post was submitted on 30 Jun 2026
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Late Stage Capitalism

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[–] samus12345@sh.itjust.works 35 points 2 days ago (3 children)

This is a worldwide problem, not just a US one.

The world needs to collectively make these people's vast accumulation of wealth and thus power illegal. Old and new money regardless of where it came from.

[–] TankovayaDiviziya@lemmy.world 1 points 1 day ago (2 children)

Japan has very little wealth inequality.

[–] gwl@lemmy.blahaj.zone 1 points 1 day ago

Sadly that's not as true as it used to be, they're starting to get an increase in homelessness.

I think they were just slower to get fucked

[–] samus12345@sh.itjust.works 4 points 1 day ago* (last edited 1 day ago)

True, but most of the world has it.

[–] Cowbee@lemmy.ml 1 points 2 days ago* (last edited 2 days ago) (1 children)

Not entirely true, socialist countries do exist and are undermining this system. Global capitalist countries are all seeing similar consolidation, though this is more stark in imperialist countries dominated by finance capital than in the global south, which is largely transitioning from underdevelopment and neocolonial trappings to development and sovereignty.

[–] honesthenery@thelemmy.club 1 points 13 hours ago

I see everything as a spectrum in this ol class war.