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It's even bigger than that. Companies whose business models depend on planned obsolescence and proprietary service/repair lock-ins are an absolute net drain on
by antisthenes 6y ago
It's even bigger than that.
Companies whose business models depend on planned obsolescence and proprietary service/repair lock-ins are an absolute net drain on society as a whole.
Monopoly power granted by such business practice results in furthering of extractive capitalism as the norm and provides no additional value to society, only to the corporation in question. This allows them to spend their extra cash not on productive endeavors, but on ensuring regulatory capture and cementing their "too big to fail" status.
- mimsee 6y agoThis. Check out the recent news on why McDonalds ice cream machines tend to fail. https://youtu.be/SrDEtSlqJC4 https://youtu.be/SrDEtSlqJC4 Spoiler: it’s because the machine is broken and only one authorized company is allowed to fix it