Workflow
Financial capitalism
icon
Search documents
X @Andrew Tate
Andrew Tate· 2025-08-25 15:52
The age of consumer capitalism is over.Consumer capitalism = produce goods to sell.We now live in the world of financial capitalism.Have a spare 10,000,000? You don’t build a factory to make goods, you simply invest in the stock market.Why? Less risk and more return.Money turns into money.Why does that stock have value? Because they produce with their factory.But nobody bothers to build competing factories.This inevitably leads to the last few producers of goods being massive monopolies with unchecked polit ...