this post was submitted on 17 Oct 2024
70 points (91.7% liked)

Asklemmy

43611 readers
1373 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] piyuv@lemmy.world 29 points 22 hours ago (1 children)

“Vote with your wallet” means more money gets you more votes.

Some users leaving Reddit/instagram/twitter is not a problem, especially considering network effects, but some advertisers leaving is a crisis.

[–] fart_pickle@lemmy.world 15 points 22 hours ago (2 children)

I think you misinterpreted the phrase. "Vote with your wallet" means that if you're unhappy with a product/service, you stop using/paying for it.

[–] Porcupine@lemmy.ml 7 points 20 hours ago

“Vote with your wallet” means more money gets you more votes.

This is the basic idea of capitalism. The more capital you have, the more say you have in directing the meas of production.

Some people have so much capital, they can singlehandedly decide that thousands of people are going to work on some space launch company, for example.

[–] piyuv@lemmy.world 7 points 21 hours ago (1 children)

So long as the capital markets were willing to continue funding loss-making future monopolists, your neighbors were going to make the choice to shop "the wrong way." As small, local businesses lost those customers, the costs they had to charge to make up the difference would go up, making it harder and harder for you to afford to shop "the right way."

https://pluralistic.net/2024/04/12/give-me-convenience/

Food for your thought.

[–] fart_pickle@lemmy.world 7 points 21 hours ago (2 children)

Again, I think you are misinterpreting the phrase. The quote you provided proves it. If you're not happy about the "right way" of buying things you can buy elsewhere, aka "vote with a wallet". The phrase means that you pay for a product/service you are comfortable with. For example, if Amazon offers a great deal on something you'd like like to buy and the price is, let's say, 30% lower than a regular retail price, voting with a wallet would mean that you ignore the Amazon's deal and buy directly from a merchant.

[–] InternetCitizen2@lemmy.world 2 points 19 hours ago

Are you purposefully missing the point? If the greater market is uninformed and buying inferior offering; soon that is all that will be available.

[–] piyuv@lemmy.world -4 points 21 hours ago (3 children)

You clearly haven’t read the full essay.

[–] fart_pickle@lemmy.world 2 points 21 hours ago (1 children)

I have, but the moment I got to the Napster Wars part I realised that the article is nothing more than the "eat the rich" rant. I despise the music labels and all the crap that happened in late 90s but it's not an excuse to go "over the law" just because you think the law is bad. I know, there were many implications of piracy that shaped the current landscape of music industry but still, just because you don't agree with the existing law, it doesn't mean you should "work" around it.

Again, if you're unhappy with record label, vote with your wallet and buy from the independent ones. The more people to vote with the wallet (in the way you misunderstood) the less power major companies will have.

[–] Porcupine@lemmy.ml 2 points 20 hours ago

it’s not an excuse to go “over the law” just because you think the law is bad.... but still, just because you don’t agree with the existing law, it doesn’t mean you should “work” around it.

Then what's a good reason to go around the law? It'd be pointless to go around a law you do agree with.

[–] Random123@fedia.io 1 points 20 hours ago

Bruh… lmao..

[–] TachyonTele@lemm.ee 0 points 21 hours ago

Clearly you're refusing to understand the phrase.