Capital's Turn

The push to dismantle the federal government by billionaires and privatize its services is an indirect admittance that they have no real hope in new inventions to “diversify” their “portfolios.” There is no terra incognita left, no major technological developments that will make them more money, or the developments that *could* come won’t make the returns on investment that these companies have become used to and they are therefore uninterested (see: the Goldman Sachs exec who said curing disease wasn’t a viable longterm investment opportunity because the cured don’t pay anymore money for treatment).

Essentially: capital has gobbled up the whole world, and the only way to feed its insatiable growth is to sacrifice governing systems on the altar of prosperity so the bones can be picked clean.

What the plan is after that final devouring? It will almost certainly turn to people, as humans are about the only thing on the planet that are continuing to grow and feed the giant machine, as we are killing or depleting everything else. Time will tell how dystopian the shift to “human capital” will become, but if the governments are defanged, if not completely coopted, there isn’t going to be anyone to protect people from the worst impulses of an unbridled system.