Why? Isn’t this just capitalism? They’re just using algorithms to squeeze us further.
Well, as you’ve likely noticed, capitalism only works a theoretical construct. It makes the assumption of an ‘ideal’ market, which very much violates the laws of physics. As a result, no country actually employs unregulated capitalism.
i don’t think it works even in a theoretical context. like you said, it requires assumptions that violate the laws of physics. i don’t think that’s a great starting place for any political/economic system.
Depends on your definition of “capitalism”.
This is not supposed to happen in a market economy, as you have in developed countries. Many people define “capitalism” as being, more or less, that system.
A narrower definition of “capitalism” is private control of the means of production. In that sense, “capitalism” is at odds with a market economy, which is one reason why that private control is limited in many ways in developed countries.
That’s literally the argument Amazon is making. They have said the Nessie tool is just for market analysis and doesn’t do 90% of what it’s are accused of doing 🙄
Sadly this is exactly what capitalism is though, and the government allows them to do worse
We really need a functioning IRS, FTC and SEC. Just won’t happen if repugs are constantly elected.
No, what we really need is to end capitalism, not pin our hopes on one team or another when both exist to uphold the very system enabling this bullshit (hint: their agencies are never going to work for you).
Man, fuck taking any step in the right direction eh? Let’s just hope for the entire world to change instead of hoping for a reasonable change that is a big step in the right direction.
“Can’t have anything if it isn’t perfect”
Ah, yes, incremental change and playing within the rules set by our oppressors, that’s worked so well …checks notes… never.
Lulling the population in to a false sense of security, but more importantly - comfort, is exactly how you not only maintain the status quo, but how you enable fascism.
But sure, to those who are privileged enough not to already be personally impacted, I’m sure voting for team blue feels like a real win… 🙄
https://www.counterpunch.org/2020/10/14/liberalism-and-fascism-partners-in-crime/
“We can’t have a revolution against capitalism until after we address all the symptoms of capitalism individually!”
- Somebody deeply invested in solving problems and certainly not a beneficiary of this corrupt and broken system
wait, I thought that it was covid and supply chains and such and actually that the profit motive encourages them to lower prices because competition and so on
You’re forgetting one thing, Amazon has no real competition. Do you have a cloud service that makes you profit hand over fist so that you can dump that money into a loss leader service like amazon delivery?
No?
Well then they’re going to undercut you to the point of zero profit margin to suffocate your business.
eBay all the way, boys and girls.
What’s even wilder is that Amazon made no profit for the first 20 years of its existence, something the Feds claim makes Amazon even more dangerous as they spent considerable time building their network and have now turned on full money making mode.
