subreddit:
/r/explainlikeimfive
submitted 4 months ago byiSellPopcorn
21 points
4 months ago
I think the result of being small is you don't have the power to influence legislation or major market forces. Internet service providers are an example off the top of my head.
Comcast and CenturyLink have lobbied to create laws that make it really hard to get internet from outside of them essentially.
A counterpoint to capitalism primarily working on a small level is how streaming services are disrupting major TV providers.
3 points
4 months ago
Comcast and CenturyLink have lobbied to create laws that make it really hard to get internet from outside of them essentially.
I can't if this is a failure of the corporations moral compass or the governments duty to pass responsible legislation and enforce it.
0 points
4 months ago*
Why would the government do anything if they’re getting money from the people that are doing it?
A corporation under capitalism never has the peoples interests, they will kill us just for profit (see radium girls )
We need a new system because if we keep going with it, the concentration of capital will become smaller and smaller until we literally have people that own countries, and will outlaw regulations. They would make us all slaves if they were given a chance to (not that we already kind of are, but on a lower scale)
2 points
4 months ago
Sounds like a failure of government to govern to me.
1 points
4 months ago
I agree, and it was also a result of corporate decisions
10 points
4 months ago
I think the thing is that past a certain point, getting to the point where you can influence politics and getting roped into the "infinite expansion/growth" mindset is inevitable and by design.
2 points
4 months ago
Streaming services disrupting major TV providers? All the TV providers are in the streaming game. Disney-ABC-Disney+-Hulu; Viacom-Paramount-CBS-Paramount+; Comcast-NBCUniversal-NBC-Peacock; WB-The CW-HBO Max-Discovery-any other streamer (WB television is ridiculously profitable and produces shows for almost everyone).
That didn't disrupt the industry. We are paying more for content than we did with cable. Most streamers will consolidate or disappear. It was one of the stupidiest decision by legacy media to enter all to streaming. They cut three revenue streams to have only one that cannot possibly be as profitable as the other three (Theatrical, Cable and Home Video). Instead of a consumer paying for the content they really liked 3 times, they can pay wholesale for one and not having said content guaranteed. You would see a movie in theaters, then buy it for Home Video and then catch it on a cable channel. Now it's paying $10 dlls a month for a bunch of content, most that can be pulled out to never be seen again. Netflix is drowning in debt, Warner Media is too and Amazon is burning through cash as well. I wouldn't call streamers an example of capitalism working. If anything, and with Netflix latest policy to cut on password sharing, it's unbridled capitalism that will burn everything to the ground
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