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>Everything is owned by private equity firms who raise the price so high that people not already making a profit are getting squeezed out, which removes space f
by andrepd 3y ago
>Everything is owned by private equity firms who raise the price so high that people not already making a profit are getting squeezed out, which removes space for learning, prototyping, and risk taking.
But people have assured me that $current_mode_of_capitalism is the best, nay, the only way to stimulate innovation and creativity and growth? /s
- bell-cot 3y agoBack in the day, the courtiers and advisers and admirers and wanna-be's of a well-off king would be telling you that monarchy was the best, nay the only way to achieve $Stuff_That_Sounds_Good. In hindsight, they obviously were indulging in https://en.wikipedia.org/wiki/Motivated_reasoning https://en.wikipedia.org/wiki/Motivated_reasoning
- bluGill 3y agoCapitalism is a strawman invented by Marx to attack. People are far more complex than his models.