• d-RLY?
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      fedilink
      1110 months ago

      Truth! I wasn’t shocked that all the social media and entertainment companies all decided to treat the Covid years as if that growth was organic/normal (all retail stores started doing this much faster). As if people were just going to keep having the same amount of time to spend on them. Or in the case of sites like Reddit, they think that they are the creators of content instead of the location to get it. Companies like Red Hat are more jarring and seem like they would’ve been more realistic.

      The next two paragraphs are just a rant about companies and the government not really caring for stability long-run. Feel free to ignore.

      Of course people were going to start unsubbing now that they need to focus on actual things needed for just living. Covid has shown that all these greedy folks running (or holding shares) companies in all sectors refuse to just be focused on stability. They act like all the crazy large profits were all because of their “genius innovative ideas and leadership.” Of course that was going to happen to all the publicly traded companies, due to their literal legal obligation to always make numbers go up. But shit is beyond a bad way to handle the real material conditions of life. It also doesn’t help that the US did a worse job at doing things like monthly stimulus money compared to other places.

      A capitalist economy requires that people keep buying both needed and wanted things in order to keep things moving around. But instead of putting money into the hands of people, which would then likely buy more things or even have finally something to save for when things normalized (which would be helpful for making the falloff less dramatic). We barely got two total $2000 payments. Fuck, even just making sure folks could have money to finally get out of various debits would mean people could more easily justify keeping things like Netflix.