You are viewing a single thread.
View all comments View context
2 points
*

It is “horded” in that it is wealth that does not circulate within the local or regional economy and has no loyalty to these communities it is extracted from. It is a social and regional version of a trade deficit. This isolation prevents others from accessing social mobility and opportunity through the exploitations of foreign regions and people. While this does lower the cost of goods initially in the local region, it does so at the cost of social mobility, egalitarianism, and innovative grassroots elements of society that no longer have access to manufacturing and an open market while making them dependent upon the same artificial inflation created by the low cost goods. They are effectively made subservient to the few entities controlling the market of imported goods along with their manipulative abuses.

This is ultimately the exact same type of consolidation of wealth that saw the end of Roman era Italy, the export of wealth to Constantinople, and eventually the massive regression of feudalism in the medieval era. Democracy requires autonomy and a far more egalitarian society. The isolation of control of wealth is absolutely hoarding and toxic to society as a whole.

permalink
report
parent
reply

Memes

!memes@sopuli.xyz

Create post

Post memes here.

A meme is an idea, behavior, or style that spreads by means of imitation from person to person within a culture and often carries symbolic meaning representing a particular phenomenon or theme.

An Internet meme or meme, is a cultural item that is spread via the Internet, often through social media platforms. The name is by the concept of memes proposed by Richard Dawkins in 1972. Internet memes can take various forms, such as images, videos, GIFs, and various other viral sensations.

  • Wait at least 2 months before reposting
  • No explicitly political content (about political figures, political events, elections and so on), !politicalmemes@lemmy.ca can be better place for that
  • Use NSFW marking accordingly

Laittakaa meemejä tänne.

  • Odota ainakin 2 kuukautta ennen meemin postaamista uudelleen
  • Ei selkeän poliittista sisältöä (poliitikoista, poliittisista tapahtumista, vaaleista jne) parempi paikka esim. !politicalmemes@lemmy.ca
  • Merkitse K18-sisältö tarpeen mukaan

Community stats

  • 7.1K

    Monthly active users

  • 974

    Posts

  • 10K

    Comments