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Ben Thompson

@neil it's like the tech industry has reinvented feudalism.

28 February at 9:54 | Wall-to-wall | Open on mastodon.scot
6 comments
Thin Line
Ben Thompson

@thin_line @neil It's not your property, it's mine. You only get to use it under licence. Any value not explicitly granted to you, is mine to do with as I wish. Complaints about consent? Go find yourself another lord.

28 February at 10:38 | Open on mastodon.scot
Danil Suits

@jbenjamint @thin_line @neil

In other words "No, you may not ask - we didn't explicitly grant that value to you."

28 February at 21:23 | Open on hachyderm.io
Sherri W (SyntaxSeed)
Robin Adams

@syntaxseed @jbenjamint @neil See also pluralistic.net/2023/07/24/ren

"capitalism has died – but it wasn't replaced by socialism. Rather, capitalism has given way to feudalism"

"for hundreds of years, European civilization was dominated by rents, not markets. A "rent" is income that you get from owning something that other people need to produce value."

"Capitalist philosophers railed against rent. The "free market" of Adam Smith wasn't a market that was free from regulation – it was a market free from rents."

"Today, we live in a rentier's paradise."

"Shopping at Amazon is like visiting a bustling city center full of stores – but each of those stores' owners has to pay the majority of every sale to a feudal landlord, Emperor Jeff Bezos, who also decides which goods they can sell and where they must appear on the shelves. Amazon is full of capitalists, but it is not a capitalist enterprise. It's a feudal one."

@syntaxseed @jbenjamint @neil See also pluralistic.net/2023/07/24/ren

"capitalism has died – but it wasn't replaced by socialism. Rather, capitalism has given way to feudalism"

"for hundreds of years, European civilization was dominated by rents, not markets. A "rent" is income that you get from owning something that other people need to produce value."

29 February at 3:15 | Open on mathstodon.xyz
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