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Reblogged by isagalaev ("Ivan Sagalaev :flag_wbw:"):
dredmorbius@toot.cat ("Doc Edward Morbius ⭕") wrote:
@isagalaev Irony here is that there was a time when rail was the corporate bogeyman and monopolistic bully blocking innovation and alternatives (including both road and air).
And before that: canals.
Capitalist power seeks to entrench itself.
Oh, and the whole canard about capitalism being a wealth generating engine is ... highly misleading. Capitalism generates profits, that is privatised gains and socialised or externalised costs. Wealth in its true form is common weal and accrues to all.
That bit of solipsistic misdirection and equivocation bothers me increasingly over time, and I've got to call bullshit on it.
Capitalism is far less a wealth generating machine than a profit concentrating one. Which is to say, an engine of inequality.