Tech’s broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap::Some tech is getting pricier and looking a lot like the older services it was supposed to beat. From video streaming to ride-hailing and cloud computing.
11 points
All capitalism is, at its core, is the system of owning and investing capital for greater returns later. You can have that while regulating things–at least in theory.
6 points
An actual dictionary definition of capitalism:
an economic and political system in which a country’s trade and industry are controlled by private owners for profit.
Any definition of capitalism that doesn’t in some way mention private ownership of capital is simply wrong.
2 points
-1 points
