this post was submitted on 19 Jan 2026
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cross-posted from : https://lemmy.zip/post/57305272

Total billionaire wealth in the EU reached €2.4 trillion by late November, exceeding Italy's entire GDP of €2.2 trillion and approaching France's €2.9 trillion economy, a new Oxfam report found.

Archived version: https://archive.is/20260118190308/https://euobserver.com/health-and-society/ara3abf5ee

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[–] fort_burp@feddit.nl 10 points 4 days ago (1 children)
[–] AcidiclyBasicGlitch@sh.itjust.works 3 points 4 days ago (1 children)

He also assumed automation would be helpful for the working class because he thought it would mean we wouldn't have to work to survive. I don't think he saw billionaires just breeding the working class for wars or organ harvesting and completely replacing their labor with robots. I guess he didn't really think about how low they will always stoop.

[–] fort_burp@feddit.nl 2 points 3 days ago (1 children)

I would say that between the concepts of reserve army of labor and the global proliferation of fictitious capital he kind of had an idea of it but yea, maybe he couldn't have imagined how depraved wealth would make them (what you mentioned + Epstein's island).

You just made me imagine Karl Marx emerging from a frozen time capsule ready to do battle against greedy capitalists in 2026, like "Ok what are we fighting against now? Aristocracy in government, labor exploitation, and wage theft?"

Then somebody "Yes, ands" him before letting him scroll through a news feed, and he promptly vomits and just shuts himself off back in his time capsule.