#neoliberal-capitalism

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#ai-displacement #economic-feedback-loops #labor-market-disruption #agentic-commerce #wealth-inequality
Artificial intelligence
fromThoughtshrapnel
2 weeks ago

Agentic commerce is a catastrophe for every business whose moat is made of friction

AI-driven automation creates a negative feedback loop where improved AI capabilities displace workers, reduce spending, compress margins, and accelerate further AI adoption, potentially destabilizing service-based economies.
World news
fromwww.theguardian.com
1 month ago

In Davos, the rich talk about global threats'. Here's why they're silent about the biggest of them all | Ingrid Robeyns

Neoliberal capitalism concentrates wealth through privatization, weakened labor power, and tax cuts for the rich, eroding democracies and driving many global risks.
fromemptywheel
6 months ago

The Economic Myths Supporting The Existence Of Billionaires - emptywheel

As part of that campaign, they linked capitalism to democracy, so that if you didn't support their views of capitalism, if you even asked questions about it, you were a commie, an enemy of democracy. They became vocal advocates of the simple-minded economics we were all taught in high school and/or college, and spent massive sums to eradicate all alternatives.
US politics
from48 hills
10 months ago

The Pope, Capitalism, and the SF budget battle - 48 hills

As long as the problems of the poor are not radically resolved by rejecting the absolutely autonomy of markets and financial speculation and by attacking the structural causes of inequality, no solution will be found for the world's problems.
San Francisco
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