How would late stage capitalism look like

1. Growing inequality: The gap between the rich and the poor is widening, with the richest 1% of people now owning more wealth than the bottom 90% combined. CHECKED
2. Deregulation: Governments are increasingly deregulating the economy, giving corporations more power to exploit workers and the environment. CHECKED
3. Financialization: The economy is increasingly focused on financial speculation, rather than on productive investment. CHECKED
4. Monopolies: A small number of corporations are increasingly dominating the economy, giving them more power to control prices and wages. CHECKED
5. Globalization: The economy is becoming increasingly globalized, with corporations moving production to countries with lower wages and environmental standards. CHECKED
6. Environmental degradation: The environment is being degraded at an alarming rate, due to pollution, climate change, and other factors. CHECKED

What could be the negative consequences, well ...

• Social unrest: As the gap between the rich and the poor widens, social unrest is likely to increase.Look at France, and understand that we're heading for more troubles.
• Political instability: The concentration of wealth and power in the hands of a few could lead to political instability, as the majority of people feel increasingly marginalized.
• Environmental collapse: The degradation of the environment could lead to environmental collapse, with catastrophic consequences for the planet. Look at all the recent fires, flood, heat waves and natural catastrophes we had this summer 2023!

If we are to avoid the negative consequences of late stage capitalism, we need to take action to address the underlying problems. This could include measures such as increasing regulation of the economy, breaking up monopolies, and investing in sustainable development.

Don't pretend we weren't warned, this poster above is from 2012