this post was submitted on 02 Jun 2024
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A Boring Dystopia

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[โ€“] sp3tr4l@lemmy.zip 2 points 5 months ago (1 children)

Financialization is generally something that happens in the stage right before a society largely collapses, historically.

Its a huge contributor to wealth inequality.

It all works until it doesn't.

But yeah, thanks for adding those other popular after pay systems I forgot!

[โ€“] Krauerking@lemy.lol 2 points 5 months ago

Oh for sure it's a super unstable bad idea but it works really well for a short time for those at the top. We really are just riding that edge out of hubris from those in charge.