• WoodScientist@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    7
    ·
    6 hours ago

    It’s the Satanic pursuit of endless profit growth that has driven these companies to Hell. For decades, they focused on expanding the number of stores. But eventually you hit a wall. Eventually the country is saturated, and marketing can only convince people to eat so many burgers.

    In a sane world, this is when companies would be content with their current size. Congrats. You won capitalism. Good job. Now just maintain your current size and pay out handsome dividends forever. No need to keep trying to grow.

    Well, that’s not good enough for Satanic capitalism; the growth needs to come from somewhere. So they have to start slashing quality and raising prices. It’s enshittification/late-stage capitalism. When you max out growth, all that’s left is to raise prices and cut quality. Ultimately this does destroy a business, but Satanic capitalists only care about short-term concerns.

    • theangryseal@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      3 hours ago

      It’s a bummer.

      Like, all around.

      When I was a kid, going to town was an event. We’d head down to the local hardware store which stocked NES and SNES games for us kids, had a section for toys and everything. Nothing fancy, just water guns and action figures. My mom actually talked the guy into stocking Nintendo games so we didn’t have to travel two towns over to get them. We’d leave there and my mom would take us to Speedy’s for a haircut. (They recently tore his old building down. I hated to see it). Then we’d walk down to the fabric shop so my mom could buy some stuff to make curtains and things. Once we were done there we’d go down to the little grocery store, the owner always gave me and my brother a lollipop and a dollar bill. Then we’d go from place to place browsing and window shopping.

      Walmart ended all of that when it came to my town. People fought it for a long time and finally compromised and let them build on the highway.

      I liked capitalism before it got like this. When people owned their towns and local businesses.