Spotify has raised prices for the second time in a year, with no new benefits, after its CEO sparked outrage by claiming the cost of creating 'content' is 'close to zero'
The myth of capitalism is that it improves things for the consumer. It's very obvious that it only improves, at best, the next quarter's returns for the investor. Once that husk of a company stops "line going up," the money goes elsewhere and we repeat.
If the line can't go up through creation it'll go up through destruction.
It worked differently before because the information network was orders of magnitude slower and data was expensive as Pope shit.
Nowadays, the information is almost instant and everything is interconnected and data storage is cheap so we got big data with people paid solely to boil that down to algorithms that squeeze money as much as possible from customers.
Just look at all the streaming services that makes you pay more if you don't want ads and they resell your data. Triple dipping baby
I'm so tired of this nonsense argument, is capitalism your God to which you give credit for every human accomplishment? How did capitalism help to raise the Russian serfs to the status of a world superpower? It didn't... How did capitalism help Russia get to space before the United States? How did capitalism help human life improve before the 16th century?
I wonder what you even think capitalism is. I wonder if you comprehend that technological advancement, markets, money, and trade aren't synonymous with it.
You love democracy but when it comes to matters of economic decisions you are bootlicking the petite dictators that control every aspect of your economic life. You are employed by people whose means of acquiring wealth is to skim off the top of what you're producing and steal it from you but you are too busy making eye contact while you suck them off that you don't see their hand in your pocket.
The world is burning and there's plastic in your balls because of capitalism, you are such a good submissive little peasant.