I’ve been hearing a lot of what I would charitably term as concern trolls using late-stage capitalism as a rationale why so many firms today are becoming bad actors. No, it’s not because the Material Productive Forces are inevitably pushing us toward socialism. It’s not because voluntary trade has some kind of internal contradiction that will break upon itself and herald the next stage in social evolution.<\/p>\n\n\n\n
It’s the state. The state’s velvet-covered iron fingerprints can be found practically everywhere these bad actors appear. And the idea of late-stage capitalism is just bad economics.<\/p>\n\n\n\n
Enjoy.<\/p>\n\n\n\n