this post was submitted on 03 Oct 2026
51 points (98.1% liked)

Late Stage Capitalism

3821 readers
700 users here now

A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.

A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.

RULES:

1 Understand the left starts at anti-capitalism.

2 No Trolling

3 No capitalist apologia, anti-socialism, anti-communism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.

4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.

5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.

6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc. This includes instance shaming.

Introduction to Socialism (external links)

Wiki

Marxism-Leninism Study Guide: Basic Course

Marxism-Leninism Study Guide: Advanced Course

Audiobooks Read by Dessalines

founded 2 years ago
MODERATORS
top 6 comments
sorted by: hot top controversial new old
[–] CrimeIsLegalNow@ani.social 1 points 7 hours ago* (last edited 7 hours ago)

He tried to short it a while ago and then saw exactly how much VC money was getting set on fire and realized that this time he couldn't stay solvent long enough to cash out.

Article doesn't load

[–] Fredselfish@sh.itjust.works 10 points 1 day ago

Wish it pop now get it over with.

[–] ButtermilkBiscuit@feddit.nl 6 points 23 hours ago (1 children)

He's called the bubble popped at multiple points and has gotten it right exactly once. He said the small and regional banks would fail, said insurance industry was ready to fail, called crypto bubble failures, healthcare bubble, etc etc etc. His twitter is a skitzo conspiracy fest of predictions that never happened.

[–] moldy_rice@piefed.keyboardvagabond.com 3 points 10 hours ago (1 children)

The market does crash when enough people believe in skitzo conspiracy theories, tho.

And this one has overwhelming popular acceptance.

[–] nilloc@discuss.tchncs.de 2 points 9 hours ago

Not if it has enough political and investor influence to keep pumping.

Markets can remain irrational longer than you can remain solvent.