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Hagbard
@hagbard@mstdn.social  ·  activity timestamp 3 years ago

@mwlucas @cstross

This is how #neoliberalism operates.

1. A community builds something of value
2. The leadership’s interests are severed from the community’s ( #HailHydra).
3. Capital takes ownership of the value
4. Capital extracts rents from the community that created the value
5. Or, failing that, it turns the thing of value into a trophy spittoon or chamber pot

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