@cstross The US system of production depends on business owners using their wealth as productive capital and major business owners have abandoned this. If this continues, the end result will be a gutted economy dominated by a handful of wealthy people, like that of Russia or Mexico. These people aren't capitalists. I've started calling them economic nihilists.

http://adviceunasked.blogspot.com/2024/03/neo-feudalism-anti-capitalism.html