this post was submitted on 17 Jun 2023
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Late Stage Capitalism

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Wild analysis of capitalist ownership structure (welcometothemachine.co)
submitted 1 year ago by freagle@lemmygrad.ml to c/latestagecapitalism@lemmygrad.ml
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This is truly a wild analysis. It's entirely plausible that Black rock owns the longs and Citadel owns the shorts and that they collaborate. But just the circular ownership leading to total dominance of the market by a few hundred people is enough to make this worth reading.

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[โ€“] Dunecat@lemmygrad.ml 0 points 1 year ago (1 children)

Thank you for sharing this; have not actually finished reading just yet. Some "political" connecctions author makes do seem... Very particular. Search for "Marx", "Lenin", "Communism" in the document if you would like.

Actually after having done that myself, perhaps it does, in part, belong to TL;DR. Thankfully the author did account for that.

[โ€“] freagle@lemmygrad.ml -1 points 1 year ago

I think the author's politics are liberal and the author's beliefs about history and politics are the result of propaganda. But the analysis of ownership itself is the thing I found worth examining and considering.