fascism has been proven to be bad for business time and time again. Yet all the fascist parties are sponsored by rich assholes who think they'll somehow make more money under a fascist government. It just doesn't make sense.
this post was submitted on 11 Oct 2024
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Some of them will make money. Something that is bad for the national economy can still be good for someone's private business.
Sure... Until it isn't.
But for a brief moment they will thrive while the world around them burns, and I guess that's what they live for.
Crisis economics is all about scooping up distressed assets for pennies on the dollar. The rich have been profiting from nations failing since there have been nations.
I 100% agree. It's the same with all of these oil companies and environmentally damaging corporations. Do they really want a starving population with no resources? It's not fun to be around. They'll have to leave their gated communities at some point and people might storm the castle as well.
And yet, billionaires are currently building bunkers in rural Poland when they could actually do something to make their own future massively better.
I work in a university and see this decline every year. At this point, we're accepting every exchange student from impoverished regions who shows even a basic competency, just to keep the numbers higher. It's fucking depressing.
Have you considered leaving yourself as well? What are your personal push/pull factors?
Money. I would have no safety net if I moved away, for the moment.
It's been argued that brain drain was a big part of how Orban managed to push through constitutional reform, as he barely had the majority to do so and made it very hard for expats to vote. Heading the clever people leave also significantly weakened the opposition at home.
Meanwhile foreign capital is pouring in, as why wouldn't you invest in a EU country.
(See: The European Union's authoritarian equilibrium by @rdanielkelemen@eupolicy.social)