Corporate Capitalism has no stability or longevity

Corporate Capitalism is an inherently unstable form of social organization that has no stability or longevity. It is characteristic of free market economies to continually experience a series of boom bust cycles as the market crudely and slowly adapts to the economic environment. There are no Corporate Capitalist institutions that last more than one hundred years. All Corporate Capitalist institutions are destined for corporate takeover, bankruptcy, divesture, and consolidation. The result of these financial activities is that there are no corporate capitalist institutions that have long term stability or reliability.

Your career is only 20 years long. There are no 40 year careers any more. You must have three part time jobs to survive. You will not find a full time career that will last 40 years. If you have a full time career and you get laid off, then you will not find any suitable work at all for a long time and you are most likely dead.

There are 60,000 homeless living right on the streets of Los Angeles. The number has doubled in the past ten years. There is no suitable work for those people. They are useless to the corporate economy. Their lives have been thrown in the garbage. Human life is just garbage in the USA these days.

copyright (c) 2018
William Schaeffer