One more time if anyone says that capitalism breeds innovation we need to show them this ¡!
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
Oh almost like if in capitalism they didn’t say that oligarchys are a problem. What we needed is to send these giants down.
That would prove difficult considering money rules, you can make people do you bidding, make them disappear and suffer little to no consequences.
So what we needed is a decent anti-monopoly, anti-oligarchy force.
Just like when the us gov dismantled AT&T into thousands of smaller different cervices and that created things like mobile rputhers and etc.
Soo the, Google at this point is putting down more inovatjon that he is bringing it to the table.
Problem is not capitalism, it’s all that power centered in the same place. Almost like a dictatorship.
Well that was when anti trust laws actually worked ! Alphabet , meta etc are literally sucking americans poor. Still we dont see anything !
Tbh as a Climat activist who grew up surrounded by deniers …yhe… the feeling of hopeless is strong. But hey I have been seeing slow and gradual change, when things are getting bad.
At least in your scenario (at the moment) when they go down we might be able to reverse the worse consequences. Unlike climate where we probably just fucked.
The problem isn’t capitalism, it’s just the system that allows power to be centralized through market forces and used to bribe regulatory bodies. Oh wait…
Shit man I would love to hear how you would stop power concentration in communism or any other form of government…
