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You are correct, but there is also an interesting phenomenon going on here: old school open source projects last longer. They end up being more reliable in the

by haolez 2y ago

You are correct, but there is also an interesting phenomenon going on here: old school open source projects last longer. They end up being more reliable in the long term. It's kind of weird that the unprofitable option is the stable one.

immibis 2y ago
It's almost like capitalism is a destructive force and a poor way to organise a society.
- graemep 2y ago
  Capitalism works fine under certain conditions: free markets, which implies competition. The problem is that these conditions do not always prevail. I used to think this was fixable: https://pietersz.co.uk/2009/11/fix-capitalism https://pietersz.co.uk/2009/11/fix-capitalism I now think it is more complex and we need a mixed economy.
  - ath3nd 2y ago
    > Capitalism works fine under certain conditions: free markets, which implies competition. The problem is that these conditions do not always prevail. Eventually, on the free market there are winners, and these winners form a monopoly. See Nestle, Tyson foods, Apple. The big corps, having cornered the market, then squeeze the hapless users (and the ecosystem, in Apple's case) into exorbitant prices, because there is no competition. You started with your beloved "free market", ended up with a monstrous monopoly. Surprise, this is how any "free market" story ends. If you want to avoid the trash situations that we are in today, you need to regulate the shit out of companies with antitrust, breaking them down when they become too big, not allowing them to acquire others under certain conditions and forcing them to treat their workers and customers well. This is the opposite of "free markets", and is the only way if you want a stable society.
    - satvikpendem 2y ago
      Yes, which is also what Milton Friedman said. I am not sure anyone notable in capitalistic thought actually professed full unbridled capitalism.
chii 2y ago
> They end up being more reliable in the long term. you're just seeing survivorship bias. Plenty of them would've also disappeared, because their core contributor no longer wanted to give out free labour and moved on.

by haolez 2y ago

immibis 2y ago

It's almost like capitalism is a destructive force and a poor way to organise a society.

graemep 2y ago
Capitalism works fine under certain conditions: free markets, which implies competition. The problem is that these conditions do not always prevail. I used to think this was fixable: https://pietersz.co.uk/2009/11/fix-capitalism https://pietersz.co.uk/2009/11/fix-capitalism I now think it is more complex and we need a mixed economy.
- ath3nd 2y ago
  > Capitalism works fine under certain conditions: free markets, which implies competition. The problem is that these conditions do not always prevail. Eventually, on the free market there are winners, and these winners form a monopoly. See Nestle, Tyson foods, Apple. The big corps, having cornered the market, then squeeze the hapless users (and the ecosystem, in Apple's case) into exorbitant prices, because there is no competition. You started with your beloved "free market", ended up with a monstrous monopoly. Surprise, this is how any "free market" story ends. If you want to avoid the trash situations that we are in today, you need to regulate the shit out of companies with antitrust, breaking them down when they become too big, not allowing them to acquire others under certain conditions and forcing them to treat their workers and customers well. This is the opposite of "free markets", and is the only way if you want a stable society.
  - satvikpendem 2y ago
    Yes, which is also what Milton Friedman said. I am not sure anyone notable in capitalistic thought actually professed full unbridled capitalism.

chii 2y ago

> They end up being more reliable in the long term. you're just seeing survivorship bias. Plenty of them would've also disappeared, because their core contributor no longer wanted to give out free labour and moved on.