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Comment by cadamsdotcom

1 day ago

Unfettered capitalism is great under certain conditions. Amazing things get invented & rolled out to the world.

When conditions change, cracks appear..

For many reasons we appear to be in an era of slower growth, but shareholders used to growth are still demanding it. That’s sticking business leaders in a really tough place.

The incentives need to change - whether through legislation, or market demands. Until then it’ll be less leg room on flights, more “offers” when you just opened your banking app to pay a bill, and more sanctioned spam in your inbox.

I truly believe plenty of folks are fed up and a backlash is coming that’ll be a mix of legislation and companies emerging that cater to informed customers. I’m optimistic!

> Unfettered capitalism is great under certain conditions. Amazing things get invented & rolled out to the world.

That's a really naive take, for you to enjoy this "ideal capitalism" there are hundred thousands of people who've been seeing and feeling these cracks for decades if not centuries, it's just slowly reaching your neck of the woods