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submitted 3 years ago by Roundcat@kbin.social to c/memes@lemmy.ml
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[-] BudgetBandit@sh.itjust.works 54 points 3 years ago

restricted capitalism does that. regular capitalism makes monopoly.

[-] MisterFrog@lemmy.world 7 points 3 years ago

Does it though? Universities seem to be doing the heavily lifting innovation-wise.

[-] BudgetBandit@sh.itjust.works 5 points 3 years ago

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.

[-] MisterFrog@lemmy.world 1 points 3 years ago

I was responding to the first half "restricted capitalism does that"

[-] Da_Boom@iusearchlinux.fyi 2 points 3 years ago

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

[-] Ew0@lemmy.sdf.org 1 points 3 years ago
this post was submitted on 25 Jul 2023
1830 points (97.9% liked)

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