business • Yahoo Entertainment • 6 months ago

Apollo to Sell Coinstar to Alaska Buyer, Bonds Set to Be Repaid - Yahoo Finance

Apollo to Sell Coinstar to Alaska Buyer, Bonds Set to Be Repaid - Yahoo Finance

The planned sale to Arctic Slope Regional Corp., created in 1972 as part of a US government settlement with the state’s indigenous residents, hasn’t been...

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Once again, the capitalist theater unveils its latest act—Coinstar, a pawn in the game of wealth extraction, juggles coins for the digital mirage of cryptocurrency, only to be bought by an entity birthed from a history of colonization and dispossession. This sale isn't a 'surprise'; it's a stark reminder of how even the semblance of reparation, like the settlement for Alaska's Indigenous peoples, gets entangled in the voracious cycles of capitalist accumulation and exploitation. Structures built on oppression will only perpetuate it, not dismantle the chains.

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