America's Economy Is In Even More Trouble Than It Seems
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'Extraordinary situation': How Musk could personally reap billions from 'efficiency' panel - Alternet.org
Tesla and SpaceX CEO Elon Musk — the world's richest man with more than $320 billion in net worth — is openly planning an effort to gut federal budgets for virtually every agency. But he also stands to personally profit to the tune of potentially billions of dollars if some of those proposed cuts co...
This post largely aligns with my views on the near future (and likely explains my fascination with cyberpunk culture to boot) - and name drops Naomi Klein's latest book Doppelganger.
I'm almost finished her book and you'll be hearing more about soon as it brilliantly connects the dots to the parallel (distraction) world of conspiracy culture while in reality capitalism continues its unchecked conversion of the living to the dead.
It’s not too late to stop Trump and the Silicon Valley broligarchy from controlling our lives, but we must act now | Carole Cadwalladr
In her final piece for the Observer, Carole Cadwalladr reveals what happened when she returned last week to give the opening speech at Ted, where she gave her first – life-changing – talk six years ago
One of the things that I think anybody can observe is that, even among the ultra-rich, they never seem to have enough. Never enough wealth, never enough toys, never enough. So what do you want if you've bought everything already? You want limitless wealth, limitless power. Even the feeble laws
‘We’re clearly heading towards collapse’: why the Murdoch empire is about to go bang
An explosive succession trial and an astonishing interview with one of Rupert’s sons have exposed the paranoia and hatred at the heart of global media’s most powerful family. This could get messy…
Revealed: Fox News' billionaire Murdoch empire 'headed toward collapse'
The Rupert Murdoch-owned Fox News and its sister channel Fox Business faced their share of challenges during former President Joe Biden's four years in the White House. Fox News agreed to pay Domination Voting Systems $787.5 million to settle a major defamation lawsuit — while facing a separate $2.7...
What the global elite reveal to Davos sex workers: High-class escort spills the beans on what happens behind closed doors - and how wealthy 'know the world is doomed, so may as well go out with a bang'
4.9K votes, 261 comments. 835K subscribers in the LateStageCapitalism community. A One-Stop-Shop for Evidence of our Social, Moral and Ideological…
Trump is instigating unrest to invoke the insurrection act - paused all social spending, including food stamps and wic to go into effect Tuesday 5 p.m.
10K votes, 1.4K comments. 1.2M subscribers in the LeopardsAteMyFace community. 'I never thought leopards would eat MY face,' sobs woman who voted for…
**Official Subreddit of TPUSA.** All posts in this subreddit should be considered ironic/parodic/satirical unless they are flaired as \*REAL\* *and* have a relevant, trustworthy source in the comments (which should be your standard for all internet content anyway).
How Gen Z is doomed to own nothing, but pay forever
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PODCAST ||
https://motherhoodinprogress.buzzsprout.com/
TIME STAMPS
00:00 - intro
01:59 - the subscription economy
09:22 - Pair Eyewear
11:16 - the ownership facade
21:23 - buy now, pay later
27:42 - the generation of debt
33:46 - a future with no personal wealth
38:57 - final thoughts
REFERENCES & RESOURCES
The End of Ownership: Personal Property in the Digital Economy - https://amzn.to/3PQEixP
The Average Consumer Pays Nearly $1,000 a Year for Subscriptions — What Do You Pay? - https://finance.yahoo.com/news/average-consumer-pays-nearly-1-190009547.html
BMW drops plan to charge a monthly fee for heated seats - https://www.theverge.com/2023/9/7/23863258/bmw-cancel-heated-seat-subscription-microtransaction
John Deere faces U.S. lawsuit over farmers' ability to repair tractors - https://www.npr.org/2025/01/15/nx-s1-5260895/john-deere-ftc-lawsuit-right-to-repair-tractors
The erosion of personal ownership - https://www.vox.com/the-goods/22387601/smart-fridge-car-personal-ownership-internet-things
My Printer Is Extorting Me - https://www.theatlantic.com/technology/archive/2023/02/home-printer-digital-rights-management-hp-instant-ink-subscription/672913/
27 Buy Now, Pay Later Statistics - https://explodingtopics.com/blog/bnpl-stats
2024 Buy Now, Pay Later Trends Study - https://www.fool.com/money/research/buy-now-pay-later-statistics/
The Downsides of Using ‘Buy Now, Pay Later’ - https://www.nytimes.com/2022/12/29/your-money/buy-now-pay-later-loans.html
Liberty Street Economics - https://libertystreeteconomics.newyorkfed.org/2023/09/who-uses-buy-now-pay-later/#:~:text=While%20lower%20income%20individuals%20are,more%20likely%20to%20use%20it
Millennials had it bad financially, but Gen Z may have it worse - https://www.washingtonpost.com/business/2024/06/22/gen-z-millennials-debt-inflation/
How Does Gen Z Student Debt Compare with Millennials’? - https://www.stlouisfed.org/on-the-economy/2022/aug/how-does-gen-z-student-debt-compare-millennials
The cost of living has led us into record debt. What does that mean for Canadians? - https://thehub.ca/2024/01/30/mark-hill-the-cost-of-living-has-led-us-into-record-debt-what-does-that-mean-for-canadians/
The average millennial will spend over $200,000 on rent before buying a house — but Gen Z will spend even more - https://www.businessinsider.com/how-much-millennials-gen-z-renters-spend-expensive-cities-2018-5
The Biggest Wealth Transfer In History is Happening Right Now. Are You Ready? - https://medium.com/@moneytent/the-biggest-wealth-transfer-in-history-is-happening-right-now-are-you-ready-1e7e8c9a7104
The 'wealth transfer' from boomers won't save Gen X and millennials - https://www.nbcnews.com/business/consumer/generational-wealth-transfer-baby-boomers-cant-save-gen-x-millennials-rcna128099
Eat Now, Pay Later: Going Into Debt for Food - https://www.nytimes.com/2022/08/29/dining/buy-now-pay-later-loans-groceries.html?searchResultPosition=1
Pay2Play by Gavin Prophet https://open.spotify.com/track/6wynY1nYFTZMcvpnDGrvd1?si=0162975a3609490a
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#theendofownership #genz #tiktokban ##buynowpaylater #subscriptions #ownnothing #socialmedia #videoessay #motherhoodinprogress
It’s time to declare war on the rich. We need to build an organized, unified movement of working people to systematically take on the rich who run society