A New Low in Western Capitalism?
Have you ever needed a micro loan for your large coke and Crunch Wrap Supreme? Western capitalism has got you covered.
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Klarna is part of a cluster of some really sick and exploitative Swedish-created tech companies, like Spotify, that have questionable business models, and exploit their own supply chain and employees.
Its not a surprise that Swedish politics has taken the turn it has. As a society, they have over the past 20-30 years alllowed all the worst things that hypercapitalism and privatisation can do - with pretty much predictable results thereafter.
Right now they are taking an even worse turn: pouring pension fund money into "investing" in "defense". Which will turbocharge their already horrifc inequality problems, and possibly turn their land into another Ukraine.
A very deep low.