mstdn.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
A general-purpose Mastodon server with a 500 character limit. All languages are welcome.

Administered by:

Server stats:

10K
active users

#peakcapitalism

0 posts0 participants0 posts today

"You went full retard, man. Never go full retard."
-- Kirk Lazarus, Tropic Thunder #q

What a third world war would mean for investors - Global conflicts have a habit of sneaking up on money-managers economist.com/finance-and-econ #zeitgeist #peakcapitalism #capitalism

P.S. "[...] even if investors expect a major war, there is little they can do to reliably profit from it." #q

The Economist · What a third world war would mean for investorsBy The Economist

State legislators are literally targeting child labor laws (and offering protection for businesses that employ children who get sick, injured, or die on the job) – instead of giving workers living wages and #LongCovid/healthcare support.

washingtonpost.com/business/20

The Washington Post · In a tight labor market, some states look to another type of worker: ChildrenBy Jacob Bogage

I’m tired of subscriptions.

I’m especially tired of what absolutely used to be the sort of thing you’d pay a flat, one time fee for that are now subscriptions.

It is peak capitalism for everything to switch to annual, monthly, and in some wild cases, weekly fees just for the opportunity to use something. Because that’s the other big thing, the full subscription remains in effect even if you don’t use it once!

A long time ago in a galaxy far away, subscriptions were actually LESS expensive. It was a trade off businesses would make for your loyalty: a lower per unit fee. Now, most subscriptions are more than the flat fees would’ve totaled and with no value added. And the most absurd things are getting away with subscription pricing. I don’t understand how anyone can delude themselves into thinking profit and value have any relationship at all anymore.

So, when the next AI app of the month wants $79 for 6 months just so you can inevitably generate a mere 4 mediocre and uninspired images of people with 11 fingers on each hand, pass on that shit. We’ll all be better off when we signal to the market that we’re done renting everything. Maybe then we can get rid of these value-extracting charlatans and go back to paying a fair price, once.

Tags for search:
#capitalism #subscriptions #ValueExtraction #PeakCapitalism #MembershipEconomy #apps #WTFisGoingOn

I have spent more time on LinkedIn in the past week than I ever have before that, cumulatively, I'm pretty sure.

Still raging-hot mad at Larry, Sergey, Sundar, and the rest of the #Alphabet exec team. Looking forward to Q4 earnings dropping next week so I can go from 99% to 100% sure that there was absolutely no "need" for it other than greed.