Economic Stockholm Syndrome

The behavior and attitudes exhibited by victims of financial subjugation, causing then to identify with and even defend their oppressors.


Q: Hey, what’s up with Matt? His Dad is on social security, his mom got laid off, his sister’s kids get free school lunches, he collects federal financial aid for college, and he only makes minimum wage working at Walmarts. Yet he keeps talking about how we need to cut taxes for the wealthy and quit spending so much on social programs.

A: Yeah, he thinks he’s going to be a millionaire soon. He’s got Economic Stockholm Syndrome.

Economic Stockholm Syndrome

The behavior and attitudes exhibited by victims of financial subjugation, causing then to identify with and even defend their oppressors.


Q: Hey, what’s up with Matt? His Dad is on social security, his mom got laid off, his sister’s kids get free school lunches, he collects federal financial aid for college, and he only makes minimum wage working at Walmarts. Yet he keeps talking about how we need to cut taxes for the wealthy and quit spending so much on social programs.

A: Yeah, he thinks he’s going to be a millionaire soon. He’s got Economic Stockholm Syndrome.

late capitalism

The advanced stage of unmanaged capitalism in which corporations and the wealthy, having run out of quick and easy paths to profit and economic growth, begin cannibalizing the societies in which they operate instead of investing in them.

Features: Declining wages for workers, privatization of government, dismantling of social services, sale of cultural & national heritage, debtor’s prisons, corporate invasion of people’s personal lives, and punishment (and ultimately enslavement) of the poor.


A: Did you hear that Zuckerberg is tearing down the national park to build his new fortified megamansion?

B: Yeah dude, wanna go to the Pepsi™-sponsored protest against it later?

A: Truly, late capitalism is the best system to live under.

A: Did you know that boomers can now spend $8,000 to get transfusions of children’s blood so they live longer?

B: Haha, late capitalism strikes again!

late capitalism

The advanced stage of unmanaged capitalism in which corporations and the wealthy, having run out of quick and easy paths to profit and economic growth, begin cannibalizing the societies in which they operate instead of investing in them.

Features: Declining wages for workers, privatization of government, dismantling of social services, sale of cultural & national heritage, debtor’s prisons, corporate invasion of people’s personal lives, and punishment (and ultimately enslavement) of the poor.


A: Did you hear that Zuckerberg is tearing down the national park to build his new fortified megamansion?

B: Yeah dude, wanna go to the Pepsi™-sponsored protest against it later?

A: Truly, late capitalism is the best system to live under.

A: Did you know that boomers can now spend $8,000 to get transfusions of children’s blood so they live longer?

B: Haha, late capitalism strikes again!