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submitted 3 months ago by nzmaa@lemy.lol to c/4chan@lemmy.world
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[-] MolecularCactus1324@lemmy.world 2 points 3 months ago* (last edited 3 months ago)

Shallowest of Friedman doctrine? I’d argue that this was their goal all along. “greed is good”

But, really, capitalism always finds ways to milk more value for the capitalist out of an industry. It’s the whole enshitification thing. There may be periods at first where the excess value is spread around to incentivize various stakeholder adoption. But, once the competition is dead, the capitalist will milk as much profit for himself unless other stakeholders can defend their share through unions, regulation, or healthy competition.

this post was submitted on 13 Jun 2025
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