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this post was submitted on 22 Nov 2024
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Asklemmy
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Yeah, and also even if there's smart people doing it, it doesn't matter. Supposed 10% of people don't use Amazon, as long as 90% are fine, it won't affect them. Most people won't look beyond "it costs me less", the whole reason thing like temu is widespread is exactly that. People don't care about other people, ethics of things, or even the long term effects of their actions. They just see low price vs high price on everyday setting.
If a chain restaurant gave half price food for a year in a loss to take out all local businesses people would gladly buy it. And then when everything is gone and that chain raises price because there's no competition they'll just blame other people, economy, whatever they can find.
In many cases it also comes from the side that people can't afford to spend more money for the right reasons. Many people are living paycheck to paycheck, and those that aren't, are still not well off and want to save as much money as they can for retirement/emergencies. You can't count on anyone except yourself for your future, so they'll take whatever costs them less now.
Nice summarization of modern day capitalism, this is pretty much the play book. Operate on a loss and Survive off of investments until you have created a monopoly, then the price is whatever you want, use your newfound endless wealth to pay the government to create fake consumer protections that's only goal is to increase the startup capital required to attempt to compete with you thus securing your monopoly, all while the poorest people have all of their money transferred to the people with too much money.
Then you have people come around with this unwise narrative that people need to just "choose with their wallets" like somehow you can convince enough people, who are at a majority financially unstable because of unregulated capitalism, to spend more money than they have, to stop capitalism. I totally understand where they're coming from with this, but sadly it just serves the capitalists by placing the blame for their gross greed on the people instead of on them. Its the same thing with consumer recycling agendas when global warming was a new concept, its redirecting the blame onto the wrong people.