Late Stage Capitalism Is Weird Capitalism

A planned economy run by Blackrock, Vanguard and State Street

Cory Doctorow
Marker
Published in
9 min readMar 17, 2022

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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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