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[–]Alienhunter 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

It's a problem with corporate profit seeking taking short term quarterly gains as their primary motivation. Related to capitalism, but the thing is that ideally in a capitalistic system, you have competition and can also just choose not to do business with people. Otherwise it's always going to be balance between the customers trying to get everything for as little price as possible and the producers trying to sell everything for as much as possible.

It's not really that shitty even with the commercials if you can get a lot of stuff for free. I'm definitely not going to be bothering with streaming if it goes this way though, same way I don't bother with cable.

The main thing is you need to keep the market pretty much open to competition, and one of the big issues with "capitalism" is it tends to devolve into a few big corporate players monopolizing the market and then you get shitty products at inflated prices because you don't have a choice.

This is the same in a communist system as well, the main difference between the two is one the means of production is controlled by the government pretending to act in the interests of its people, and the other it is controlled by large corporate entities pretending to act in the interest of their customers. For the little guy it doesn't make much difference.

Main thing I think you need is regulation to prevent any one entity from cornering the market and preventing others from entering. Amazon is a good example of a company that is bordering on monopolizing huge portions of the market especially due to covid shutting down a lot of the retail spaces and they probably need to be broken up at some point.

You gotta be careful though, you absolutely want companies to reap profits for producing superior products, but you have to make sure they aren't colluding to corner the market unfairly between pricing out smaller actors or simply throwing around huge amounts of money to buy out anyone who might potentially pose a future threat to their business. It's the same reason you put limits on bets in a poker game. You don't want to come sit at a table where one guy has billions of times more chips than you and can go all in on every hand effectively forcing the smaller players to go bust or forfeit their bets.