• Cyclohexane@lemmy.mlM
    link
    fedilink
    English
    arrow-up
    72
    arrow-down
    5
    ·
    edit-2
    1 year ago

    Not surprised. A for-profit corporation wanting more money. Especially as we enroach further into late stage capitalism where corporations struggle to find more territory to profiteer from and squeeze more profit out of us.

    The era of free services being profitable is ending rapidly, and we see this across many areas in the world.

    • taladar
      link
      fedilink
      English
      arrow-up
      54
      ·
      1 year ago

      I wouldn’t say they aren’t profitable, I would say the greed outweighs profitability.

    • Cyclohexane@lemmy.mlM
      link
      fedilink
      English
      arrow-up
      23
      ·
      1 year ago

      You’re right. I should say “profit growth” which is what corporations look for. You can have solid growth, but unless it’s growing, they don’t care.

      • Sploosh the Water@vlemmy.net
        link
        fedilink
        English
        arrow-up
        20
        ·
        1 year ago

        Part of the Capitalist mythos for sure, “if you’re not growing, you’re dying.” There’s a rejection of the idea that you could reach a healthy equilibrium of size and just remain there.

        And because of the way the rest of the market works, it forces everybody to act like that or get beat out completely. Vicious feedback loops.