When did Capitalism die exactly? Prices keep rising for no reason, yet the quality of materials seems to get cheaper and cheaper. Planned obsolescence. Endless subscriptions. Taxes on taxes. Compulsory insurance. Nothing of value is being created. Even movies and art are stale and mediocre at best, despite (((billions))) in production budgets. When did it all just... end? Pls don't reply "the moment I nutted inside yuor mom" let's keep the conversation respectful
>>62221092the same reason monarchism dies. eventually you get a string of bad kings and the whole thing implodes. if the people running the show are retarded misanthropes, the state of civilization will reflect that.
>>62221092>When did Capitalism die exactly?wdym it’s working like intended. It was never supposed to create value, just corporate profit.
>>62221092Absurd real taxes. Including VAT and everything else its 65% in Germany and i guess around 50% is the usa. Then the state is wasting it. 150 years ago it was maybe 5%. This sucking in of wealth broke capitalism.
>>62221092That is all caused by fiat.
>>62221092>OP requests "high IQ thread", implying he has a high IQ>writes paragraph about inflation>"prices keep rising for no reason">does not understand that the government simply increasing the money supply is what's causing this phenomenon>mfw OP is a retard and has no place in this "High IQ" threadI'll post ITT OP if you promise not to post in it :)PS. Study Austrian economics. Read either Murray Rothbard or Saifedean Ammous (for a modern summary)
>>62221092When you grew up. Now delete your thread. I'm sick of boomer nostalgia man.Also what do you mean by "art"? Do you attend photo galleries or something? As for movies, you would be making the same frogpost 75 years ago over Westerns and Musicals so please just shut up man.
>>62221586I think movies topped in the 2000s.
The red pill is that war was the arbiter of wealth redistribution. By ending war between the great powers, their elites are permanently entrenched. There's no winners, no losers, no wealth transfer. They're free to accumulate off of compound interest and then rent seek to an ever higher degree.Since the Rothschild's won the last wars they're here until there's another real war to get rid of them.
>>62221121Correct. And really it is working pretty well, you're just a megagrumbler pretending like everything is shitty. If you want something good you can get it, and you enjoy a standard of living far beyond any generation. You have more clothes than ten people would have 100 years ago, computing power 100 times that which got us to the moon in your pocket, AC, fridge, food available year round people would see never, etc etc.If you're mad at fiat currency, neat. Otherwise you're mad that people generally would prefer to spend $20 for a pair of pants than $500
>>62221092when the gold standard was abandoned
>>62221092Shut up
>>62221092Yes, we've run into a dead end.AI and blockchain tech are about to change that.Funny how it always seems to work out for humanity.It's not different this time.
When the 19th Amendment was passed
>>62221092It all started when the USA abolished the gold standard.
>>62221092>high iq>thinks capitalism "died"everything you're seeing is the result of capitalism getting more entrenched, retard
>>62221092sounds like scarce resources are being allocated efficiently, and that doesn't aligned with your sense of aesthetic. economic aesthetic, what a concept.
>>622210921971.
>Dodge v. Ford Motor Co. (1919) was a landmark legal battle where the Dodge brothers, holding a 10% stake in Ford, successfully sued Henry Ford for halting special dividends to reinvest in expansion rather than paying shareholders. This case established the principle of shareholder primacy, requiring corporations to prioritize profits for investors over social goals or employee benefits, forcing Ford to pay out millions in dividends
>>62221092this is like asking why your bus failed because the driver drove it off a cliff
>>62221437midwit take. i hope you don't think you're like seven layers of irony above me, btw reddit is over there, pal. Austrian economics lol. More like Austrian bullshit >>62221753based take>>62222243stop kissing your chains so hard, anon pls>>62223996oh they don't do buses like old times, my friend but feel free to blame the driver
>>622210921971
>>62223920Beat me to it
