This is the only focus on the ultra wealthy market, let the wanna be people pay too much, and fuck the rest of the low profit margin people.
Good news is this how you get a French/Russian Revolution. Eventually.
Comment on BMW’s Newest “Innovation” is a Logo-Shaped Middle Finger to Right to Repair
bridgeenjoyer@sh.itjust.works 3 days agoIts all a plan. People think I’m a conspiracy nut when i explain it. I think they’re dumb for not seeing it. Capitalism is the best planned scam.
postmateDumbass@lemmy.world 3 days ago
Modern_medicine_isnt@lemmy.world 3 days ago
I tie it all into how a public company’s board has a fiduciary responsability to the shareholders legally. Which means they can (and often do) get sued for doing whats best for the customer over the shareholders. It sometimes clicks with people.
And many who don’t see it aren’t dumb per se. They are more or less refusing to see it because they would have to realize that they are the slaves or pawns, or cogs in the machine. And they are not in control of thier destiny. Thats a hard thing for a lot of people to swalllow. Especially since there isn’t much they can do about it.
kent_eh@lemmy.ca 2 days ago
You would think it should be in the company (and its shareholders) interests to make a product that people really want to buy, instead of becoming increasingly hostile to their customers.
Modern_medicine_isnt@lemmy.world 1 day ago
You would, but making such a product is extremely expensive. And consumers will in general buy the cheaper not better product. Major investors know this, so spending on making a better product would actualy cause the stock price to go down. Maybe it would have paid off in the long run. But they want the stock price to go up now, not a year from now.
kent_eh@lemmy.ca 1 day ago
That’s the core of the issue. Short term focus at the axpense of the long term sustainability of the entire enterprise.