3 ms·
Anything doesn't work anymore because everything is owned by megacorps/super-rich/private-equity/govt. The focus on rent-seeking via monopoly/oligopoly and regu
by thelastgallon 1y ago
Anything doesn't work anymore because everything is owned by megacorps/super-rich/private-equity/govt. The focus on rent-seeking via monopoly/oligopoly and regulatory capture.
Consumers (of products and services)
(1) mostly have no alternatives, or choose between equally bad/worse
(2) are not discerning of quality.
(3) bombarded with ads/marketing and algorithms to buy, buy, buy!
(4) status seeking, look! i bought shiny new thing, here's a pic on my instagram to prove it!