this post was submitted on 01 Jan 2024
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[–] [email protected] 23 points 10 months ago* (last edited 10 months ago) (22 children)

It seems as if capitalism sows the seeds of its own destruction. Not saying I know a better way per se but its in there all the same

Edit: to put it in Pokémon perspective: capitalism is Ghost type and its super-effective against Ghost type

[–] [email protected] 4 points 10 months ago (15 children)

What are some examples of capitalism destroying itself?

[–] [email protected] 5 points 10 months ago (7 children)

The concept of enshittification.

Granted, the concept applies specifically to platforms, but the idea is basically what capitalism is:

  • Be good to everyone
  • Be good to suppliers (supply-side economics)
  • Be good to shareholders and, subsequently, alienate both users and suppliers of content. The platform collapses.

Late-stage capitalism is when shareholder wealth is maximized at the expense everyone else. So you have 3 billionaires with 50% of the wealth of all humanity or something, the middle class squeezed into oblivion, and a roiling undercurrent of pure fucking rage ready to sever heads like watermelons from a vine.

[–] [email protected] 2 points 10 months ago (1 children)

Applying the concept from the micro (enshittification of the platforms) to the macro (enshittification of the economic system) is brilliant.

[–] [email protected] 2 points 10 months ago (1 children)

What's true of the lesser must be true of the greater

[–] [email protected] 3 points 10 months ago

So why isn't my glass of Campari drifting randomly across the table, under Brownian movement??? [/shitty drunkard joke]

Serious now. On economic matters I think that you're right.

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