[American biased post, because that’s what I know and where I am]
Been screaming that capitalism is not the problem you are experiencing. Monopolies, or more to the point, cartels, have exploded in scope over the past 40-years. Think of a company you hate, a company that’s fucking you over, a company that’s fucking us ALL over. Bet they fit the bill.
Hate your job at Lowe’s? Go to Home Depot! wait… There’s a great family-owned, local hardware store, but I can’t afford to shop there.
Walgreens piss you off? Just go to CVS! well damn… New local pharmacy chain is really nice! They can’t take my insurance.
If you’re under 40, or maybe even under 50, I cannot relate how alien this all is, the words fail me. If you’re in your 20s or 30s, it’s easy to think it was always like this. Oh hell no it was not.
Along with allowing corporations unlimited political “speech”, i.e. campaign contributions, the proliferation of cartels will go down in history as America’s failing point. (Basically the same thing?)
News like the current entertainment mergers didn’t fucking happen. And here on lemmy we’re talking, with a straight face, about the ups and downs of the Netflix/Warner Bros./HBO merger. And if you’ll remember, Warner Bros./Time Warner/AOL was the largest merger in US history!
There’s a paradox I heard of that’s pretty relevant in this line of thought that is pretty transportable to most things. I heard it in the context of IT security.
It goes something like this: you buy security and after 2 or 3 years when you need to renew, nothing bad has happened, so it seems like you don’t need security. When in actual fact the extra security has been the reason there haven’t been any incidents.
So it’s almost impossible to prove that buying the security is helping without extensive analytics.
In many cases those analytics are either very difficult or impossible to get.
To demonstrate the transportable nature of this concept, let’s transpose it to vaccines.
If everyone is vaccinated, then nobody gets sick from those diseases, making it seem like the diseases are not a threat anymore, which means that vaccines are no longer useful.
Meanwhile, in all actual fact, the only reason why polio is so rare is because there is a safe and effective vaccine for it that everyone has taken (replace polio with whatever disease you want that has an effective vaccine).
It’s a paradox of: how do we prove this is working, without discontinuing it and possibly being eaten by rats/leopards/whatever.
If there’s only monopolies in the market then is their product the best on the market, or is everyone using it because there’s no alternatives?
Leaning that monopoly argument against capitalism, it’s almost certainly not the best product. When you have a captive audience, those that need your service and don’t have an alternative, there’s no incentive to innovate, or invest in improving the product at all. Do innovation stagnates so that corporations can maximize shareholder value; because the focus of a corporation isn’t to innovate, or improve what they do, their focus is always on extracting the most value for the least cost.
Therefore, monopolies will almost certainly lead to a sub-optimal product. The people that suffer for this are the users of that product. In the case of something like Google search, that’s basically everyone.
There’s a more modern term for this phenomenon: enshittification. Actively making a product worse specifically for the purposes of creating profits for shareholders.
Late stage capitalism is fun, isn’t it?