Roundcat@kbin.social to Memes@lemmy.ml · 1 year agoThe state of the internet 2023media.kbin.socialimagemessage-square280fedilinkarrow-up11.6Karrow-down130
arrow-up11.57Karrow-down1imageThe state of the internet 2023media.kbin.socialRoundcat@kbin.social to Memes@lemmy.ml · 1 year agomessage-square280fedilink
minus-squareBudgetBandit@sh.itjust.workslinkfedilinkarrow-up53arrow-down4·1 year agorestricted capitalism does that. regular capitalism makes monopoly.
minus-squareMisterFrog@lemmy.worldlinkfedilinkarrow-up4·1 year agoDoes it though? Universities seem to be doing the heavily lifting innovation-wise.
minus-squareBudgetBandit@sh.itjust.workslinkfedilinkarrow-up4·1 year agoWell yes, but universities certainly do not stop Nestlé from selling their own products so cheap that local businesses (which refused to get bought up by Nestlé) go bankrupt because they can not sell their only product with a loss.
minus-squareDa_Boom@iusearchlinux.fyilinkfedilinkarrow-up1·1 year agoThis ain’t capitalism, this is going back to a rent based economy. Aka: Techno Feudalism Let me just point you to this: https://doctorow.medium.com/autoenshittification-cb851c2574fb
restricted capitalism does that. regular capitalism makes monopoly.
Does it though? Universities seem to be doing the heavily lifting innovation-wise.
Well yes, but universities certainly do not stop Nestlé from selling their own products so cheap that local businesses (which refused to get bought up by Nestlé) go bankrupt because they can not sell their only product with a loss.
This ain’t capitalism, this is going back to a rent based economy.
Aka: Techno Feudalism
Let me just point you to this:
https://doctorow.medium.com/autoenshittification-cb851c2574fb
Paywall!