this post was submitted on 15 Oct 2023
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Capitalism requires an underclass, the more surplus value that is extracted, the more slaves are required to maintain that growth next quarter. The larger and more dissentious that underclass is the more active measures a capitalist society must take to suppress it. As the inevitable decrease of profit occurs, the only option capitalism has is to grow the size of the underclass thus they must restructure a classically liberal and open society and transform it to a totalitarian, or fascist state.
Every country ran by oligarchs will inevitably follow this path.
Fascism is settler-colonialism turned inwards.