Bankruptcy is very, very good. “A large increase in earned income… | by Cory Doctorow | Medium

#politics #capitalism

There’s a truly comforting sociopathy snuggled inside capitalism ideology: if markets are systems for identifying and rewarding virtue, ability and value, then anyone who’s failing in the system is actually unworthy, not unlucky; and that means the winners are not just lucky (and certainly not merely selfish), but actually the best and they owe nothing to their social inferiors apart from what their own charitable impulses dictate.

https://doctorow.medium.com/https-pluralistic-net-2024-06-17-lovilee-jubilee-debts-that-cant-be-paid-wont-be-paid-3c9d724b97a2

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