First, they become neo-fascists, and then they ignore rights stripped from humanity to defend the 1% of megacapitalists who control 50% of the planet’s wealth.
The relentless changes the digital economy presents are giving rise to new dominant players in the name of big financial technology companies (BigFintechs) that are often unregulated.
For a few years now, finance has dwelled on an illusion. The illusion that growth is infinite, that central banks have supernatural powers, that penal sanctions can never be eschewed, and that Janet Yellen is smarter than the rest of the world.