Source: The Peaceful Revolutionist
by David S D’Amato
“As we’ve seen, the stagnating real sector, having undermined capital’s ability to increase itself by skimming from actually productive activity, has meant a shift in capital’s attention. Over the past half-century, parasitic capital has turned its gaze in the direction of finance, state-aided rent extraction, intellectual property rights and ‘professional’ services, a trend that has further entrenched the state-capital system. This entrenchment is intimately connected, as a practical matter, with the fourth branch of the U.S. government in that this is the site of interchange between the agents of the corporate rent-extraction mechanism and the formal state.” (10/25/25)
https://dsdamato.substack.com/p/the-engines-of-state-capitalism-part-920