One consequence of monopoly capitalism is businesses pursuing growth in revenue more aggressively than growth in user base.
When the market is saturated, all you can do to pursue growth is to increase unit margin. This eventually leads to production of “fictitious capital” as a stand in for real capital (as paper assets cost virtually nothing to produce).
Das Kapital goes into lengthy detail about this process. Specifically, the “how much does it cost to make a coat” chapter gets into it in (exhaustive) detail.
Monopolization becomes inevitable in a capitalist economy since the wealthy are still the ones with power, and they will always seek to increase their wealth by any means necessary.
Even in a heavilly regulated form of capitalism, the wealthy will do everything in their power to slowly strip regulations over a period of time where they think people won’t notice and attempt to move public opinion towards the wealthy class’s benefit via propaganda.
By talking about the effect (enshittification) instead of the cause (capitalism). One could read your initial comment and conclude that the only problem is enshittification, and not even think about capitalism as the cause, since you didn’t mention it.
No, it’s monopoly capitalism. A certain Mr. Marx from Germany had a few things to say about it.
One consequence of monopoly capitalism is businesses pursuing growth in revenue more aggressively than growth in user base.
When the market is saturated, all you can do to pursue growth is to increase unit margin. This eventually leads to production of “fictitious capital” as a stand in for real capital (as paper assets cost virtually nothing to produce).
Das Kapital goes into lengthy detail about this process. Specifically, the “how much does it cost to make a coat” chapter gets into it in (exhaustive) detail.
id argue enshittification is a consequence of monopoly capitalism, and not a separate thing.
Enshittification is a feature of capitalism, smartass.
Sure. But it’s a consequence of monopolisation. Once you break up the monopolies, enshittification will no longer be economically viable.
Monopolization becomes inevitable in a capitalist economy since the wealthy are still the ones with power, and they will always seek to increase their wealth by any means necessary.
Even in a heavilly regulated form of capitalism, the wealthy will do everything in their power to slowly strip regulations over a period of time where they think people won’t notice and attempt to move public opinion towards the wealthy class’s benefit via propaganda.
“You’re not talking about Sprite, but about sugary soft drinks” <- that’s you
I have no idea what you’re trying to say here.
I was giving a name to a specific feature of capitalism and you were all “umm actually”-ing me that I’m talking about capitalism.
That’s like:
Me: “I really like this chocolate croissant” You: “Actually, you’re talking about a pastry 🤓”
My point is that you were mixing up cause and effect.
How?
By talking about the effect (enshittification) instead of the cause (capitalism). One could read your initial comment and conclude that the only problem is enshittification, and not even think about capitalism as the cause, since you didn’t mention it.