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863 points IdealeZahlen | 1 comments | | HN request time: 1.108s | source
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Frieren ◴[] No.43720645[source]
This is necessary now, but it should have been done years back.

Nowadays, many companies backed up by investors with very deep pockets are doing this in all markets: start to buy middle-man companies in a space, it does not matter which one, dominate the market thanks to monopolistic power. Screw the clients making them pay too much, screw the providers paying them too little. Go for the next market.

Google does this for ads. But, with Apple, does the same for app vendors. Amazon does it for all kinds of brands with physical products. Uber does it for taxi drivers and their clients. All of them take a big chunk of the profit while making things more expensive, but they are the only real option to reach clients as they have used tactics to monopolize entire markets.

This should be impossible, because there are laws against it. If it is allowed the future of the economy is one big corporation with all workers working for it, and everybody buying from it. It looks like a scifi dystopia.

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foobarian ◴[] No.43720826[source]
If only Marx et al. knew that the end game of capitalism is communism! Would have probably slept much better at night.
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timewizard ◴[] No.43721433[source]
So you're acknowledging that the best way to make a population powerless and then rob them blind is Communism?
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shadowgovt ◴[] No.43721896[source]
I don't know, capitalism seems to be doing a pretty good job of it right now. I'd have to see some hard numbers on efficacy.

Has anyone done a normalized any% speedrun to breadlines on these two fierce contenders? Can monarchy get in on this?

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milesrout ◴[] No.43722803[source]
We are wealthier than we have ever been so I fail to see how capitalism has made us poor.

Poor compared to what? The past when we were poorer?

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shadowgovt ◴[] No.43723578[source]
You can hide a lot of bad experiences behind averaging over 300+ million people.

https://www.pewresearch.org/social-trends/2020/01/09/trends-...

... And, to be blunt, if things are better than ever, why is the US sliding straight into fascism?

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1. astrange ◴[] No.43724897[source]
Mostly because of covid trauma causing people to forget who was president in 2020.