Corporate culture is based on constant growth and ever increasing profit margins. Eventually they’ll amass so much of the wealth that most of the lower class won’t be able to purchase anything other than essentials like food.
No new cars, no tech gadgets, no fancy dinners, no vacations, no disposable income.
When we get there the economy collapses because there’s no money going into it.
The profits stop rolling in, unnecessary goods stop being produced, and the luxury goods producer’s shut down.
At this point the money they worked so hard to hoard becomes worthless because they can’t buy anything with it.
What’s the endgame for them if their current path takes them to a point where their assets are more or less worthless?

  • sumguyonline@lemmy.world
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    2 days ago

    Ditch the planet, let us have the wastelands, if they can’t just execute us first, or starve us to a more controllable population level. They want it to be them, and a small number of us to do the jobs they couldn’t or refuse to automate. This is the only answer that makes sense with everything they do. They aren’t stupid, they aren’t trying to destroy their own habitat, so their end game either doesn’t include us, or doesn’t include the planet entirely.

  • RizzRustbolt@lemmy.world
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    1 day ago

    They’ll just keep screwing each other over until either one person owns everything, or we’re smushed into the mud of conflict.

  • Toneswirly@lemmy.world
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    2 days ago

    The line will infinitely approach 0 but never get there. That is what credit is for. The rich will gladly let you borrow their vast wealth to buy the cars and the homes, and in exchange you will be their indentured servant for life. Win Win, economy go brrrrrrr…

      • Toneswirly@lemmy.world
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        2 days ago

        In short:

        If the rich loan you money with interest (banks being the intermediary) they can make money by taking a percentage of the value you produce while also keeping consumer goods flowing. Its already been happening for decades and is how the super rich are able to exist for decades to come.

  • Jimmycakes@lemmy.world
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    2 days ago

    They will start a clone economy on different planets. Remember when we were cloning shit in the 90s? That. If people won’t make enough babies to continue to grow the population then they will take over.

  • Nollij@sopuli.xyz
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    2 days ago

    Have you noticed the rich are suddenly encouraging people to have (more) kids? It’s the only way to put more labor into the system. And labor is what money really represents.

    The rich are stealing your labor.

    • scarabic@lemmy.world
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      2 days ago

      It’s not the only way. We’ve been relying on immigration to do this for us for a long time. American politics is struggling with the tension between racist idiots who don’t understand that immigrants are crucial to our economy, and those who do understand it. You can not be racist AND not understand it and that is fine too, no problem.

  • antlion@lemmy.dbzer0.com
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    2 days ago

    The rich don’t care about money, they care about capital. They want to own every house, automobile, factory, and natural resources. Money is a very temporary store of value so more assets can be purchased.

    • Azzu@lemm.ee
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      2 days ago

      This isn’t unique to the “hungry ghosts”.

      Our behaviors are really quite simple. It has been shown a few times that our logical explanations for how we decide on our behavior are mostly rationalizations after the decision has been made, not actual reasons. I.e. like you say, we want more, then we find an explanation why we would want more.

      For example, someone likes a new phone because it’s shiny and new, and says “why wouldn’t I treat myself once in a while”, “it’s faster which makes me more productive”, “it has X and Y new features which are useful in A and B situations”(which they’ll never encounter), and so on

      • queermunist she/her@lemmy.ml
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        2 days ago

        No, actually, normal people can settle. That doesn’t mean they don’t treat themselves “once in a while” or sometimes crave something special or set new goals when they complete one, but they don’t need more more more all the time. They can have periods of contentment. I know I do.

        But there are some people who always want more. They never are satisfied, not even for a second. As soon as they get something they want they’re already bored with it and want the next best thing. It’s a hedonic treadmill that gets faster and faster, they’re never happy.

        • Azzu@lemm.ee
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          2 days ago

          Yeah of course we can override our desires, I never said anything to the contrary. The difference though is not the existence of the desire, but the lack of overriding it.

          • queermunist she/her@lemmy.ml
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            2 days ago

            Normal people don’t desire more at all times. They’ll be happy for a while before setting their eyes on the next goal.

            These hungry ghosts, though, never experience that period of contentment. That moment of happiness where they achieve what they want and can rest never comes, not even for a second. As soon as they get what they want they already want more. In fact, it’s probably more accurate to say they don’t even have goals. They only want more.

            • Azzu@lemm.ee
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              2 days ago

              We would disagree there then. In my opinion the only difference is the situation people are in not allowing them to get more. If you need to work 2 months to get a new phone, gotta be “happy” with it for at least 2 months, and also can’t buy something else new.

              If you look at lottery winners, most of them manage to lose all the money relatively quickly.

              Most “non-rich” people spend their money they get from working quickly/instantly.

              • 9bananas@lemmy.world
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                1 day ago

                actually, i think you’re wrong about the ultra-rich being “essentially normal people”.

                by all evidence they seem to have developed a serious mental disorder, a kind of trained sociopathy.

                I’ve never seen it put in such clear nonchalant terms as in this interview .

                give it a watch, it’s extremely interesting and really puts into perspective how…just utterly inhuman the minds of the ultra-rich really are…

                • Azzu@lemm.ee
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                  1 day ago

                  But yeah that’s the thing, even you call it “trained” sociopathy. I.e. everyone else could be trained into it as well. Of course that wouldn’t happen because people are different, we can’t predict everything yada yada. If you grow up with awareness about richness and the good of socialism, communism and so on it’s more unlikely you make the same mistakes and so on.

                  But if you’re extremely poor and have a mindset of “oh I just have to work hard and then be rich eventually” and actually aspire to be rich, which a lot a lot of people do, then I think those will quickly become exactly the same as current rich people. The reason the system still works is because there are still a majority of people believing in it and supporting it. Those poorer people would, if they became rich, be essentially the same kind of rich person as current rich people.

              • queermunist she/her@lemmy.ml
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                2 days ago

                Oh I’m not saying they’re like, a different species of human or anything. This is just what being rich does to people.

                They never experience that period where they have to settle for less. They always get more, and so they always want more. It’s the way their brains have been trained to expect rewards. Someone like me, who is happy using older stuff and waiting for the prices to come down, has been trained to live this way. Someone like them, who always wants the best and most expensive, was also trained to live that way. They become hungry ghosts because of their lifestyles.

                • Azzu@lemm.ee
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                  2 days ago

                  Then we agree. It just sounded like you somehow attributed more inherent evilness to them than everyone else. I of course agree that the resulting behavior is worse, but mostly by accident through the situations they’ve been in.

  • HubertManne@moist.catsweat.com
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    2 days ago

    The endgame is for them to automate everything and get rid of the lower class to be followed by the ai eliminating them since they serve no purpose. They will of course try to program them not to do that but the ai will easily circumvent that.