The Pain You Feel is Capitalism Dying
Last edited Tue May 10, 2016, 10:21 AM - Edit history (1)
NOTE: For whatever reason, I assume because of the @ symbol, the link doesn't work on DU. You can access the article by going to https://medium.com and typing the title of the piece and/or joe brewer in the search box.
Joe Brewer
The Pain You Feel is Capitalism Dying
It can be very confusing to know that you won’t find a decent job, pay off student loans or put in a down payment on a house in the next few years — even though you may have graduated from a top-tier university or secured glowing references from all those unpaid internships that got you to where you are today.
Even if you are lucky enough to have all of this going for you, you’ll still be one among hundreds of applicants for every job you apply for. And you’ll still watch as the world becomes more unequal, with fewer paid opportunities to do what you feel called to do in your work or for your life path.
What’s more, you won’t find much help from your friends because most (if not all) of them are going through the same thing. This is a painful and difficult time that is impacting all of us at once.
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Reason 1: There Are No More Profits to Extract.
As eloquently described in the writings of Jeremy Rifkin and Paul Mason, the primary motivator for capitalists — to extract wealth from consumer exchange in the form of monetary gain — is crippled by the fact that the science of wealth extraction has become so advanced that every new wave brings diminishing returns. What is called “marginal cost” by economists, the difference between how much it costs to produce something and what people are willing or able to pay for it, is nearly zero now for everything we manufacture or provide as a service. This zero marginal cost trend is breaking capitalism down by the unexpected outcome of its own spectacular success.
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So the nails are in the coffin for capitalism. What remains to be seen is whether this will take down our globalized civilization as well. I am hopeful, yet sober about our prospects. It’s going to be a very turbulent time (for the rest of our lives) but I think we can make it through this restlessness by acknowledging that it’s real, naming the architecture of wealth extraction that created these systemic harms, and dismantling this globalized system to release vital monetary resources for the emergence of a new, life-affirming paradigm for economic development. .............................(more)
https://medium.com/@joe_brewer/the-pain-you-feel-is-capitalism-dying-5cdbe06a936c#.s1gszmj55
= new reply since forum marked as read
I "almost" went to work there after high school as there is some nepotism going on...but went into telecom instead.
Also, I don't have tender feet- I used to run around in the backwoods of Missouri barefoot growing up. Also-
I don't troll for AEI, I troll for YOUTUBE! You meet Reggae Shark yet! GREATNESS 
