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Why are folks so anti-capitalist? (programming.dev)

submitted 1 year ago by [email protected] to c/[email protected]

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Hi all,

I'm seeing a lot of hate for capitalism here, and I'm wondering why that is and what the rationale behind it is. I'm pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn't the right forum for a political/economic discussion-- I'm happy to take this somewhere else.

Cheers!

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[–] markr 2 points 1 year ago

The current wave of enshittification is driven also by the fact that much of the current system is ‘built out’. How do you grow profits when you can’t expand your consumers? You enshittify. It helps if you are an effective monopoly, but isn’t required. If the consumers aren’t growing all the competing producers are highly motivated to enshittify together, and they do. Of course it also helps if the same huge investment funds are major stakeholders in the producers.