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Simple enshitification, literally everything is going down that road. Somewhere a VP with a dashboard is super happy: they will get their $1M bonus and "après m
by gbin 1y ago
Simple enshitification, literally everything is going down that road.
Somewhere a VP with a dashboard is super happy: they will get their $1M bonus and "après moi le déluge".
Even local businesses get snatched by PE firms left and right, prices skyrocket, customers are pissed....
Is the business-consumer relationship valued at exactly $0?
There is no system we can think of to avoid that?
- krapp 1y ago>There is no system we can think of to avoid that? There is, but it requires thinking outside the box of "free market" capitalism, something most Americans are incapable of.
- gbin 1y agoPlease elaborate.
- baq 1y agoNot op, but usually this is a shortcut of saying that the regulator prioritizes businesses instead of consumers and it predictably makes the market not as efficient for consumers as it is for businesses, i.e. consumers don’t even have a choice of getting what they want.
- krapp 1y agoMore socialism, less capitalism. Believe that governments are capable of more than venal corruption and committing violence against their citizens and build a society in which people have value beyond what the market can extract from them.