this post was submitted on 25 Sep 2023
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Remember, just a few years ago when the latestagecapitalism sub was created and everybody was like ha ha you lefties, and now every single big corporation is self immolating in 2023… good times!
I think that's overstating it a smidge. I don't see there being much impact for many of these companies beyond schadenfreude for those of us watching. Twitter's going to die, but since Musk obviously doesn't care it takes a lot of the satisfaction from it. Most of these others - I doubt it's more than a blip.
Not that I don't agree with and cheer for your overall point. I just don't think most of this is moving the needle in any direction.
The overwhelming majority of people simply do not care. So no, they're not self-immolating. They understand that people don't give two shits.
Late stage capitalism is a myth.