Comment by keeda

> Nobody has found a better process. Not even close.

Maybe, but as they say, "Past Performance Is Not Indicative of Future Results." The point was, this process may work up to a point, then it may work more against the interests of the population.

I mean, history is already littered with examples of the downsides of this process, like all the rampant anti-worker things profit maximizers tried to get away with that had to be fought literally with blood. Without that bloodshed it is highly likely the average standards of living of the general population would be much, much lower.

You don't even have to look at history, the process is literally playing out right now in various countries.

> It's not an example, it's a generalization. If you have a specific example, let's have a look at it!

I thought enshittification was a pretty specific example? You can find the many articles written about the various ways things are degrading on the Internet with a Google search (the experience of which is probably an even more specific example in itself ;-))

I chose that example because I think it's a microcosm of this process: in the beginning, the profit motive creates great innovation and products. But at some point, like when the market is saturated or monopolized, the profit incentive creates anti-consumer dynamics because companies turn to extractive methods rather than innovative ones.