Hyperfinancialisation: On the rise and ouroboric nature of gambling and financialisation. This piece was written as an accompaniment to long degeneracy.

Hyperfinancialisation: On the rise and ouroboric nature of gambling and financialisation. This piece was written as an accompaniment to long degeneracy.
𝕏/@polarthedegen
Revision history

7 recorded changes

Want your article here?

Promote with Leviathan News

"In a hyperfinancialised economy, financial activities like speculative trading overshadow productive services which contribute more widely to society, while household wealth and inequality become increasingly tied to asset prices. to put it simply, wealth is no longer directly correlated to hard work and is disconnected from the means of production. this leads to more capital being channeled into speculative activities"

Top comment by @Spencer420

More on RISE

Comments