Not surprised. A for-profit corporation wanting more money. Especially as we enroach further into late stage capitalism where corporations struggle to find more territory to profiteer from and squeeze more profit out of us.
The era of free services being profitable is ending rapidly, and we see this across many areas in the world.
I wouldn’t say they aren’t profitable, I would say the greed outweighs profitability.
You’re right. I should say “profit growth” which is what corporations look for. You can have solid growth, but unless it’s growing, they don’t care.
Part of the Capitalist mythos for sure, “if you’re not growing, you’re dying.” There’s a rejection of the idea that you could reach a healthy equilibrium of size and just remain there.
And because of the way the rest of the market works, it forces everybody to act like that or get beat out completely. Vicious feedback loops.
