this post was submitted on 07 Nov 2023
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Technology
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Why do people still have faith in this broken system? Companies the size and reach of Meta, do not "fail". Big companies like these have enough control and power to quash or simply buyout future competitors that would usurp them.
There is no system where people vote with their wallets and we can shift control by way of consumer revenue alone. That dream died some 100+ years ago when companies grew large enough to overthrow governments (Chiquita Banana), shape societies (Walmart & McDonald's) and build monopolies so resilient, they will control us into the next millennium (Google).
If you're all banking on the freedom of economy and capitalism self correcting, man is that a long wait for a train that won't come.