Post by @MystikIncarnate

In reply to 2 earlier posts

@shalafi@lemmy.world on lemmy.world Open parent

[American biased post, because that’s what I know and where I am] Been screaming that capitalism is not the problem you are experiencing. Monopolies, or more to the point, cartels, have exploded in scope over the past 40-years. Think of a company you hate, a company that’s fucking you over, a company that’s fucking us ALL over. Bet they fit the bill. Hate your job at Lowe’s? Go to Home Depot! wait… There’s a great family-owned, local hardware store, but I can’t afford to shop there. Walgreens piss you off? Just go to CVS! well damn… New local pharmacy chain is really nice! They can’t take my insurance. Don’t like your bank? If you’re under 40, or maybe even under 50, I cannot relate how alien this all is, the words fail me. If you’re in your 20s or 30s, it’s easy to think it was always like this. Oh hell no it was not. Along with allowing corporations unlimited political “speech”, i.e. campaign contributions, the proliferation of cartels will go down in history as America’s failing point. (Basically the same thing?) News like the current entertainment mergers didn’t fucking happen. And here on lemmy we’re talking, with a straight face, about the ups and downs of the Netflix/Warner Bros./HBO merger. And if you’ll remember, Warner Bros./Time Warner/AOL was the largest merger in US history!

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@pir8t0x@ani.social on ani.social Open parent

Both Capitalism and Monopolies are the problem

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MystikIncarnate in !lemmyshitpost

@MystikIncarnate@lemmy.ca · Dec 10

I would argue that capitalist monopolies are the problem. There are examples where a “monopoly” has 100% of the market and they do a good job, usually in non-profit driven contexts. To provide an example: there’s only one organization in pretty much any given area, that handles extinguishing fires. Usually called the fire department, and it’s run by the local body of government in a monopoly context. They still do a great job, but there’s no competition in fire fighting. They’re not inherently profit driven. Also, hats off to the firefighters out there, you guys are awesome. Anyways, back to my point. There are good organizations that operate a monopoly in their service segment. They’re just typically owned and operated by a democratically elected government. Of the people, for the people, by the people. Any monopoly that is profit driven, especially any that are capitalistic, will succumb to enshittification, 100% of the time, it’s just a matter of when it happens. The only time that it is possible to not have that happen, is in privately owned corporations, which are rare… But the leadership believes in improving the product more than profiteering. But on a long enough time line, that will also fail because inevitably someone will buy the company or inherit it, and they will want to maximize their profits over everything. It will always happen when things are privately held, and especially if they’re publicly traded.

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