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Tech's broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap (www.businessinsider.com)
submitted 3 years ago by [M, B] to c/technology@lemmy.world
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Tech's broken promises: Streaming is now just as expensive and confusing as cable. Ubers cost as much as taxis. And the cloud is no longer cheap::Some tech is getting pricier and looking a lot like the older services it was supposed to beat. From video streaming to ride-hailing and cloud computing.

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[–] 11 points 3 years ago (3 children)

All capitalism is, at its core, is the system of owning and investing capital for greater returns later. You can have that while regulating things--at least in theory.

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

    An actual dictionary definition of capitalism:

    an economic and political system in which a country's trade and industry are controlled by private owners for profit.

    Any definition of capitalism that doesn't in some way mention private ownership of capital is simply wrong.

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