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Joined 2 years ago
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Cake day: July 3rd, 2023

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  • I think it’s more that we have fewer and fewer small companies or competition. So price rises don’t deter consumers as much as they should, by allowing competition.

    You can set up a restaurant as a person with financing. But the costs of doing so, fighting against economies of scale of larger outfits are incredibly difficult, but only the best survive.

    Creating a console. Not even super wealthy corporations can successfully do that with billions of dollars and teams of experts. So if one is successful, like PlayStation, there is no reason to lower prices. There is no valid competitor.

    Similar for many things. Amazon. Sure you can shop elsewhere but it won’t have the range or shipping logistics. Same with apple and android. Duopoly instead of monopoly. Nvidia. Monopoly. Facebook. Monopoly. Google, monopoly. Etc etc

    Our economies are broken. It’s become about lock in rather than competition. It was gradual and innocuous at first. Tie that in with enshittification and shrinkflation and we have an ever shrinking shit sandwich with no alternative.