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Joined 1 year ago
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Cake day: June 14th, 2023

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  • Reddit’s bottom line in the short term is unimpaired that is how they won.

    But in the long term- they are dead. I mused on this before.

    Social network need monopoly - otherwise the business model struggles. One Facebook. One Reddit, one Instagram. Facebook, Insta, Snap, and TikTok however are struggling because they are now the same thing in different packages.

    Not so Reddit. Reddit was a true monopoly. Nothing else compared. Well no longer. All their hiking have spawned a true credible alternative in Lemmy/Kbin. This will kill them. No matter of it’s Fediverse or something else - now there use than one place for Reddit. That means a third, fourth and fifth place is in the realm of possibility. And they WILL emerge. Others will try to enter the Reddit space.

    Reddit had a niche and it was so dominant. No one truly tried to enter my ya niche. But that was not good enough. The enshittified it over and over again. And now the. Have competition. As they will never have a monopoly again. They will struggle to get their ads money. They will struggle with the margins. They will struggle. Yahoo will buy them in 10 years and do the mercy blow.









  • Funny. That is the fallacy you’re commuting with capitalism. Oligarchy / widespread poverty is a feature of most systems we’ve invented so far. But for you that is deformation of capitalism and a feature only of socialism. Go figure. No true Scotsman for you either.

    And about France - who would have thought that world history and politics is complicated!? (Not Cato. If all you read is Cato bullshit, you get a very simplistic understanding of the world)


  • If they are stagnating it’s despite leaning TO THE RIGHT - and hard - over the past 20 years. There are very few truly socialist parties left in Europe and very few are in power. Definitely not recently in France. Their stagnation and exploding inequality is due to capitalism taking over.

    It’s like California - a poor mixture of hopeful socialism and neoliberal cynical Reaganism.

    To drive the point home Macron is quite a bit pro capitalism right wing politician. Not any other way. P






  • Do not take this as a personal attack but your perspective is naive. All around the world capitalists argue for libertarianism or other forms of state stepping back from regulating oligarchy. It’s a feature of capitalism to aim for oligarchy. At least in practice.

    Just like 20th century Soviet/Chinese/Cuban communism did not prevent oligarchs. Neither does the current crop of capitalism. They both - in practice- created easy path to oligarchy.


  • What a croc - never trust anything “left vs right” from the Cato institute. Cato has never seen a problem that capitalist billionaires could not solve and “communism” did not create.

    Either way - capitalism does not care to solve climate change because we allowed the capitalists to externalise the costs. If we prices climate damage into the cost of goods - sure capitalism could perhaps be less than evil. But of course capitalism breed oligarchs and oligarchy and thus markets were deformed to benefit the oligarchs (and socialise risks while privatising profits).