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(lemmy.blahaj.zone)
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this post was submitted on 08 Mar 2024
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What happens is Innovation at the start focuses on making the product better but at some point the focus changes to make more money and that's how we get there
I feel it's logical, there is a break point where quality can't be reasonably increased to turn profit and that's when you get everything shitty with capitalism
My ignorant take is that if we could somehow do away with shareholders and also put a cap on how much money an individual can earn, we might be able to have companies that stay good. I dunno tho.
I'm very ignorant too but from what I see
There are measures in place to tax the rich and try to regulate from some countries but the oligarchy has grown too strong there is no way to take down Google or Amazon for example
We will have to slowly take down huge empires before adding any effective regulation it will take decades and it will probably need to be group effort
Governments, like the EU, have shown regulations can be made such as with the Digital Markets Act.
... But that requires a willing and informed government body.