this post was submitted on 02 Jul 2026
786 points (96.2% liked)
Late Stage Capitalism
3465 readers
279 users here now
A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.
A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.
RULES:
1 Understand the left starts at anti-capitalism.
2 No Trolling
3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.
4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.
5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.
6 Be civil in comments and no accusations of being a bot, 'paid by Putin,' Tankie, etc. This includes instance shaming.
Introduction to Socialism (external links)
Marxism-Leninism Study Guide: Basic Course
Marxism-Leninism Study Guide: Advanced Course
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Your answer to the problem was to "put it on credit". Tell me, wise one, how they (in that position) would have credit to put it on? What was your solution again?
Someone in that position likely already has several lines of credit open. If not, there's always someone willing to lend money - the question is the interest rate
Depending on credit history and how bad the situation is (in this scenario they have been able to afford rent until the raise), the interest rate on a credit card might be 25-35%pa with a small credit limit but if it's their last resort then that'll work in a pinch
Ok. so troll it is then. You can not possibly believe this. Holy fuck.
no they dont.
I have never had a credit card, but I owe the electric company so much money it went to collections. My credit has never been over 600, but usually chills in the 500 range. No one, not even when I was 18-25, before the debt, would give me a credit card. The bank wanted me to give them $500 back then, and then run a line from the money I already gave them to build credit. I didnt have $500 extra laying around to give them, so I never did it. Then a few collections come cuz you cant pay, and now you have terrible credit without ever having taken credit out.
Living paycheck to paycheck, can be, living paycheck to four days before paycheck. There is nothing to give.