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Spotify’s first US price hike for Premium is coming next week (www.theverge.com)
submitted 3 years ago by to c/technology@lemmy.world
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[–] 11 points 3 years ago (3 children)

This is the same group of people who will rampantly upvote graphs showing how wages haven't followed inflation, but when it's the other side of the coin can't seem to grasp it.

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  • [–] 7 points 3 years ago (2 children)

    Yep, there's a large contingent who simultaneously believe that corporations shouldn't be allowed to exist and also that they should be provided everything in life for free, as compensation for existing.

    I'm not saying that nothing should be done to rein in corporate profits, as those are also out of control, but economic forces cut both ways and it feels disingenuous to suggest otherwise.

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  • [–] 2 points 3 years ago

    I honestly can't be mad about it. I know quite a few corporations likely used the guise of inflation to profiteer, but significant inflation did still happen. A $1 increase in this economic situation, with having never raised the price before, is reasonable. The inflation comment suggests $12 or even $13 could be reasonable. The gains made over the years in workers pay is really small compared to inflation, but I think it's actually on par with this.

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