this post was submitted on 25 Jul 2023
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The state of the internet 2023 (media.kbin.social)
submitted 1 year ago by Roundcat@kbin.social to c/memes@lemmy.ml
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[–] BudgetBandit@sh.itjust.works 54 points 1 year ago (2 children)

restricted capitalism does that. regular capitalism makes monopoly.

[–] MisterFrog@lemmy.world 7 points 1 year ago (1 children)

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

[–] BudgetBandit@sh.itjust.works 5 points 1 year ago (1 children)

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 1 year ago

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

[–] Da_Boom@iusearchlinux.fyi 2 points 1 year ago (1 children)

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 1 year ago

Paywall!