Capitalism isn’t what’s crashing out the United States, it’s these fucking monopolies and mergers. The government used to block these things with vigor. When I was a GenX kid, we were taught over and over again that monopolies are bad, with plenty of historical examples. Hell, I remember AT&T getting splatted then coming back together later.
Our news and social media, banking, entertainment, our farms, our very food stuffs are owned by a handful of megacorps like Nestle. Want to withhold your money? Good luck finding the competition capitalism used to offer, because now we’re an oligarchy. And no matter what personal stand you take, your friends and neighbors don’t know all this and don’t care.
Lina Kahn was breaking this shit up under Biden. Knowing Trump would fire her immediately was the first thought I had on waking and learning he had won again. Fuck. She was our last, great hope.
In the past few decades we let the rich buy our morals. Then they got richer. Rinse and repeat.
The corporations decided that anti trust laws were bad so they each did their part to erode support and enforcement of them. Then bit by bit they eventually became only laws on the books not in enforcement
That’s a fucking bingo. Sometimes I imagine telling my grandfather who raised me and died in the 80s what America is like today.
“So why isn’t the government doing anything about all this? That’s their job.”
“Well…”
Capitalism isn’t what’s crashing out the United States, it’s these fucking monopolies and mergers.
I’ve got bad news for you about which form of social organization promotes the growth of monopolies.
There have been a handful of examples of breaking up monopolies but even then the general trend was still increasing consolidation of money and power in fewer and fewer hands.
AT&T was a great example of a step back from the capitalist hellscape we’re being pushed into, but there were two steps forward before it and another two after it.
I remember when Hulu was free
I never trusted it. It was the first big move by tv/movie studios to stream their own IP instead of Netflix, and the beginning of the fractious media services we now have. It was also very evident that it being “free” (with ads, of course) was just a way to pull in users to squeeze later with steadily increasing subscriptions. An example of actual “enshitiffication”, a dumb word which nobody uses correctly.
I remember when it was free…. Back in my day.
What did Hulu say about Trump to deserve this?
Ordinarily I’d be happy to see two major streaming services combine, (fragmentation is the main problem with streaming today) but Disney is just the worst.
Never got into Hulu. Didn’t it always have ads even if you were paying?
TIL Hulu is still around.