Published in

Marker

Mar 17

9 min read

Late Stage Capitalism Is Weird Capitalism

A planned economy run by Blackrock, Vanguard and State Street

An animation based on the 1911 cartoon ‘Pyramid of Capitalist System,’ depicting ‘the wealthy few on the top, and the impoverished masses at the bottom.’ The image has been animated with a rolling ‘broken TV’ effect as well as a lateral ‘wobble’ effect.

We are living in an era of extremely weird capitalism. American capitalism is usually described as a system in which top managers are rewarded with stock options, which incentivizes them to maximize returns to shareholders, who are so dispersed that they struggle to control companies by…

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Cory Doctorow

Cory Doctorow

Writer, blogger, activist. Blog: https://pluralistic.net; Mailing list: https://pluralistic.net/plura-list; Twitter: https://twitter.com/doctorow

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