"In other words, stagnant purchasing power prevents capital from being valorized at the pace it is being produced. As profitability declines, the economy resolves the imbalance by destroying the livelihoods of workers and households whose pensions are tied to equities.
History offers stark examples. The dot-com crash wiped out small investors and concentrated power in surviving firms. The 2008 financial crisis displaced millions from their homes while financial institutions were rescued."
The AI bubble isn’t new — Karl Marx explained the mechanisms behind it nearly 150 years ago
https://theconversation.com/the-ai-bubble-isnt-new-karl-marx-explained-the-mechanisms-behind-it-nearly-150-years-ago-270663
Ron Dyck
npub17r…7au88
2025-11-30 22:35:06 UTC
Author Public Key
npub17rf42df3wtvvsg27kq0eldvumjhdvdvhfksdgdmaqjsg5g24tv4qw7au88Seen on
wss://relay.momostr.pinkPublished at
2025-11-30 22:35:06 UTCEvent JSON
{
"id": "09d0cf11f557b8b893c60bc560e6c1e029add7fea9777a4ea3d55de42cbe7a67",
"pubkey": "f0d355353172d8c8215eb01f9fb59cdcaed635974da0d4377d04a08a21555b2a",
"created_at": 1764542106,
"kind": 1,
"tags": [
[
"proxy",
"https://mstdn.ca/@dyckron/115641031484689842",
"web"
],
[
"proxy",
"https://mstdn.ca/users/dyckron/statuses/115641031484689842",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://mstdn.ca/users/dyckron/statuses/115641031484689842",
"pink.momostr"
],
[
"-"
]
],
"content": "\"In other words, stagnant purchasing power prevents capital from being valorized at the pace it is being produced. As profitability declines, the economy resolves the imbalance by destroying the livelihoods of workers and households whose pensions are tied to equities.\n\nHistory offers stark examples. The dot-com crash wiped out small investors and concentrated power in surviving firms. The 2008 financial crisis displaced millions from their homes while financial institutions were rescued.\"\n\nThe AI bubble isn’t new — Karl Marx explained the mechanisms behind it nearly 150 years ago\nhttps://theconversation.com/the-ai-bubble-isnt-new-karl-marx-explained-the-mechanisms-behind-it-nearly-150-years-ago-270663",
"sig": "d7865d757376b0f197e732f14a7644191330aa62dc8e913c8da508984db3ebe2ebd972def200212c1926ee89d2bd376b6c2c57d598ce3304e24e443db3ae5dbe"
}