3 ms·
It's a truly end-of-capitalism† move to shift the risk burden of property ownership from the center to the periphery. I guess McDonalds does this too with its f
by earthboundkid 6y ago
It's a truly end-of-capitalism† move to shift the risk burden of property ownership from the center to the periphery. I guess McDonalds does this too with its franchises, but this is so much more pure: you own the property, you figure out all the property management work, and AirBnB takes the cut. McDonalds at least sends its franchises frozen hamburgers. AirBnB is just pure toll-bridge-as-a-service.
† Not sure if capitalism will actually end any time soon, but stuff like this is what makes radicals try their best to end it.
- 2038AD 6y ago> Not sure if capitalism will actually end any time soon It can't because any change or evolution keeps the name. The only way to end it would be to revert back to a pre-capitalist economy that's not been retroactively deemed one (either by fans or detractors).
- earthboundkid 6y agoYes, people call China “capitalist” now, but I don’t think that’s a very good label for what they’re doing. It’s a bad label because the category is not well defined.