this post was submitted on 25 Jul 2023
20 points (95.5% liked)

GenZedong

4306 readers
33 users here now

This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.

This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.

We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.

Rules:

founded 4 years ago
MODERATORS
 

AI extracted summary for lazy

  • Car companies are adding more digital systems to vehicles, which is reducing quality and reliability. Drivers dislike most of the digital features being added.

  • Automakers are willing to "enshittify" their products with digital systems because it allows new ways to extract rents and make money through recurring fees, subscriptions, etc. rather than one-time sales.

  • This trend is part of the rise of "technofeudalism" where powerful technology companies extract value through ownership of key infrastructure rather than by selling innovative new products.

  • Companies across industries are using techniques like VIN-locking and kill switches to limit consumer control and force reliance on the manufacturer for repairs and upgrades.

  • Remote attestation technologies like Google's Web Environment Integrity aim to restrict user freedom over their own devices in order to prevent ad blocking, unauthorized software use, etc.

  • Overall, car companies are at the forefront of using digital systems for rent extraction rather than improving products, at the expense of consumer agency and ownership. This is part of a broader tech industry push to lock down general purpose computing.

Critique of capitalism

  • Capitalism has transitioned to a rentier model where value is extracted through ownership rather than through selling innovative products and services.

  • Giant tech companies like Amazon act more like feudal landlords that extract rent from dependent merchants rather than as capitalists selling in a free market.

  • Intellectual property laws have been expanded to help big companies control their competitors, critics, and customers rather than just protect innovation.

  • Bailouts and economic policies since 2008 have decoupled corporate income from profits, allowing unprofitable rent-seeking practices to persist.

  • The article argues we now live in a "technofeudal" system where control comes from ownership of key infrastructure that others rely on rather than from bringing new competitive products to market.

Overall, it critiques modern capitalism for transitioning from free market competition and innovation to a rentier model dominated by a few monopolistic tech giants restricting user freedom.

you are viewing a single comment's thread
view the rest of the comments