Corporate culture is based on constant growth and ever increasing profit margins. Eventually they’ll amass so much of the wealth that most of the lower class won’t be able to purchase anything other than essentials like food.
No new cars, no tech gadgets, no fancy dinners, no vacations, no disposable income.
When we get there the economy collapses because there’s no money going into it.
The profits stop rolling in, unnecessary goods stop being produced, and the luxury goods producer’s shut down.
At this point the money they worked so hard to hoard becomes worthless because they can’t buy anything with it.
What’s the endgame for them if their current path takes them to a point where their assets are more or less worthless?

  • Azzu@lemm.ee
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    23 hours ago

    We would disagree there then. In my opinion the only difference is the situation people are in not allowing them to get more. If you need to work 2 months to get a new phone, gotta be “happy” with it for at least 2 months, and also can’t buy something else new.

    If you look at lottery winners, most of them manage to lose all the money relatively quickly.

    Most “non-rich” people spend their money they get from working quickly/instantly.

    • 9bananas@lemmy.world
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      5 hours ago

      actually, i think you’re wrong about the ultra-rich being “essentially normal people”.

      by all evidence they seem to have developed a serious mental disorder, a kind of trained sociopathy.

      I’ve never seen it put in such clear nonchalant terms as in this interview .

      give it a watch, it’s extremely interesting and really puts into perspective how…just utterly inhuman the minds of the ultra-rich really are…

      • Azzu@lemm.ee
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        45 minutes ago

        But yeah that’s the thing, even you call it “trained” sociopathy. I.e. everyone else could be trained into it as well. Of course that wouldn’t happen because people are different, we can’t predict everything yada yada. If you grow up with awareness about richness and the good of socialism, communism and so on it’s more unlikely you make the same mistakes and so on.

        But if you’re extremely poor and have a mindset of “oh I just have to work hard and then be rich eventually” and actually aspire to be rich, which a lot a lot of people do, then I think those will quickly become exactly the same as current rich people. The reason the system still works is because there are still a majority of people believing in it and supporting it. Those poorer people would, if they became rich, be essentially the same kind of rich person as current rich people.

    • queermunist she/her@lemmy.ml
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      23 hours ago

      Oh I’m not saying they’re like, a different species of human or anything. This is just what being rich does to people.

      They never experience that period where they have to settle for less. They always get more, and so they always want more. It’s the way their brains have been trained to expect rewards. Someone like me, who is happy using older stuff and waiting for the prices to come down, has been trained to live this way. Someone like them, who always wants the best and most expensive, was also trained to live that way. They become hungry ghosts because of their lifestyles.

      • Azzu@lemm.ee
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        23 hours ago

        Then we agree. It just sounded like you somehow attributed more inherent evilness to them than everyone else. I of course agree that the resulting behavior is worse, but mostly by accident through the situations they’ve been in.

        • queermunist she/her@lemmy.ml
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          23 hours ago

          We are products of our material conditions, yeah, there’s no inherent evilness - it’s a learned behavior.

          Which is why I support reeducation and rehabilitation for these hungry ghosts. 👍