At the heart of the matter is a simple question: Is it a good or bad thing for the world’s largest asset manager to have a controlling stake in a regional utility?
The destructive forces of deregulation and financialization have destroyed so much of what makes life worth living in the modern west. And there is no end in sight- no political movement has the power to compete, the political system is fully corrupted, not even a heroic Luigi to put fear into our financial oligarchs.
So my question is this: where does this end up? Technofeudalism? Revolution? Sci Fi dystopia?
The destructive forces of deregulation and financialization have destroyed so much of what makes life worth living in the modern west. And there is no end in sight- no political movement has the power to compete, the political system is fully corrupted, not even a heroic Luigi to put fear into our financial oligarchs.
So my question is this: where does this end up? Technofeudalism? Revolution? Sci Fi dystopia?