“Today’s episode argues that modern capitalism functions like financial colonialism, systematically extracting wealth from ordinary people (the “colonised class”) and concentrating it among a wealthy elite. The author of the source article, Dr. Jaime Hoerricks, supports this claim by analysing several prominent examples of financial scams and market manipulations, highlighting how insiders profit whilst retail investors bear the losses. Dr. Hoerricks contends that this pattern is not accidental but inherent to the system, and calls for a fundamental shift away from capitalism towards more equitable economic models. They also discuse the role of media in perpetuating this system and the importance of independent journalism.”

Here’s the link to the source article: https://open.substack.com/pub/autside/p/financial-colonialism-the-next-phase

Let me know what you think.

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