Comment on Netflix confirms it is increasing subscription prices, again, after adding 8.8 million customers

• SCB@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Neo-liberalism?

  The internet decreed like a decade ago that “Anything You Don’t Like Is Neoliberalism,” so why not?

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  • TropicalDingdong@lemmy.world ⁨1⁩ ⁨year⁩ ago

    I’m open to other words, but I don’t know what else to call it.

    Its whatever killed Sears, a company that was built on the idea of distributing a catalogue and people buying shit from it, and them having it show up at their house. Jesus christ that sounds familiar where the fuck have I heard that before?

    Its this idea that making money by taking a functional business and breaking its ability to function is some how “good business”.

    Its Horowitz and the take over of Pacific Lumber Company.

    Again, I dont know if I can call it neo-liberalism because I dont really know what that means (as in, I’m not sure there is a ‘there’ there).

    Whatever it is, its fucking idiotic.

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    • SCB@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Neoliberalism is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.

      Neoliberals, for instance, were among the first advocates for single-payer healthcare in the US, as they saw the insurance market as generally one large externality ripe with perverse incentives.

      The internet started shitting on neoliberalism right about the time Hillary Clinton trounced Bernie Sanders, which they also blamed on neoliberalism.

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      • TropicalDingdong@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Neoliberalism is the idea that minimizing government impact in markets is a good thing, and that government regulation should be designed to efficiently address externalities with as little market distortion as possible.

        Its bigger than that. I dont know if it was clear from how I said it, but there not being a “there” there is that both the word has lost meaning, or that its meaning has broadened to mean something bigger. You should look into some of those references I dropped.

        Whatever “this” is, I think neoliberalism is a good word for it (and I do take the broad definition to include the culture behind it).

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    • givesomefucks@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Whatever it is, its fucking idiotic

      Never trust a political movement that renames itself constantly.

      They likely know they can’t defend their policies, so instead they steer the argument towards what their name is.

      If that wasn’t the case, they’d tell you what label they want to be called

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• Touching_Grass@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Why don’t people bother to fight back though.

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  • givesomefucks@lemmy.world ⁨1⁩ ⁨year⁩ ago

    You can.

    1. Buy stock for a company that prioritizes steady sustainable growth instead of chasing an ever increasing profit margin.

    2. Plan to keep that stock for decades.

    3. Buy more stock as time goes on, never stop buying shat stock.

    4. Pray that a giant conglomerate doesn’t decide to buy it.

    5. If a conglomerate buys it, dump stock immediately while everyone else is buying. Then reinvest it all into a new company.

    Repeat as needed.

    It’ll help good companies, and if enough do it, conglomerates might eventually not seeing gobbling every other company up as profitable.

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