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I don't know why I hadn't thought of it before this morning, but @pluralistic's enshittification model clearly can be applied to nation-states as well.

We're witnessing the platform decay of the United States. And the sick irony of Crapification Day happening on Martin Luther King Jr. Day is enough to gag a maggot.

en.wikipedia.org/wiki/Enshitti

en.wikipedia.orgEnshittification - Wikipedia
Katy Swain

@jaythurbershow Reagan/Clinton deindustrialisation/financialisation is the macro equivalent of stock-pumping mass layoffs that trade long-term viability for short-term profitability.

The current pivot to fascism is a last-ditch appeal to brand loyalty to buy time to pick the bones of the last shreds of value.

@pluralistic

@katyswain @jaythurbershow @pluralistic
We're at the point that the hedge fund that now owns us is about to sell our assets and load us up with debt before paying themselves exorbitant fees and leaving us to collapse.