this post was submitted on 28 Jul 2024
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IWW and syndicalism

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Community for union related stuff, with focus on the IWW.

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[–] Angry_Autist@lemmy.world 5 points 1 year ago

Tools of value creation will always be co-opted by the wealthy and crippled to extract profit.

Always.

I was there when bitcoin went from a cool idea to trust fund kiddie entrepreneurship racket, and it was completely the big money buying into it to co-opt it and control it.

And they did, so now the once widely distributed node network is controlled by a handful of high end companies with millions in hardware.

Capitalism is a parasite that abstracts all wealth away from those actually working to make the world better, and puts it in the hands of the most ruthless and sociopathic.