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I'm a dyed-in-the-wool Marxist, but it would be hard to do worse than citing a number of corporations where Vanguard has the biggest stake as examples of plutocracy. The capitalist class is tiny, but that is relative to the global population of 8 billion people. It's still a lot of people. There are common material interests across this class, and more specific ones dependent on nationality, industry, chance, etc. The overall effect is that public policy tends to favor their interests, and also the most vital particular interests of particular strands of that class, even when any of these interests conflict with that of the overwhelmingly larger working class. It's simplistic and a bit conspiratorial to think that there's a small collection of people or orgs running the whole show. The macroscopic behavior of our social systems is due to macroscopic material forces. Individuals or even particular groups in themselves don't matter.
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# ¿ Apr 19, 2023 23:31 |
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# ¿ May 10, 2024 09:09 |