this post was submitted on 06 Apr 2024
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Capitalism rewards the most ruthless pursuits of money. Without regulations monopolies, shit products, and the cheapest wages possible are the end results of it as those are the most efficient ways to get as much profit as possible. In the end, any company that doesnt participate in such tactics gets out competed
Capitalism, has a bunch of problems. Those are some of them. Frankly I think it's due to collapse and I hope we'll be better for it. But Roku? Monopoly? They're a mediocre company making a possibility short sighted decision. This is capitalism working as intended. Don't buy it if you don't like it.
If you don't like capitalism call out real problems, because this just sounds like you'll take anything that looks bad and blame it on capitalism. Which weakens the overall argument against it, IMO.
Bud, you just agreed with me what the real problems are, yeah monopoly doesnt apply to Roku, but shit product DOES with this change. But all THREE are huge problems for "regulation FREE MARKETS" which is what I listed them in response to
Edit: Formatting
Ah, I think I misunderstood. My mistake. I would make the point that I think many consumers would actually prefer the cheap ad riddled version of many services. Like, many streaming services people complain about having ads, have an ad free tier they're unwilling to pay for. But I assume you'd make the argument that's from the poverty created by the other problems within capitalism. Which is a valid criticism.
Fuck man, lemmy is such a refreshing change of pace compared to reddit for these kinds of conversations. And yeah, its partially from poverty style decision making, and some of it is theres usually a larger percentage of a customer base that doesnt care about the finer details of what goes into what they are buying as long as its cheaper than there is for those that want higher ethics/quality. Either way though, without regulation (with it too, but regulation lets there be an acceptable floor intalled), the cheapest to buy product will eventually win out over the competition, and the cheapest way to get the cheapest product will win on that front. At that point, since the goal is to get as much money as possible, the product will start rising in price now that the competition is gone, and steps will be taken to prevent new competition from forming
Oh I know right? I have shared this sentiment with other... lemmings? It feels like people think more about actually fostering meaningful conversations. Anyway, thanks for your thought provoking comments!