A One-Stop-Shop for Evidence of our Social, Moral and Ideological Rot.
(It is also the official version of r/LateStageCapitalism/ on the Fediverse)
News, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge the narratives which act as legitimations for the status quo of modern class society. Posts need not be about capitalism specifically, whether late-stage or otherwise; we simply aim to cater to a socialist audience.
We do allow links to threads and comments on Lemmy/Reddit, as long as they are relevant to the content guidelines and follow the rules. Use NP links, or your post will be deleted.
This community has its roots in broad-based anti-capitalist thought, with an emphasis on Marxist concepts and analysis and a commitment to antiracism and inclusive feminism.
When it comes to proposed alternatives to Capitalism, it is the general consensus of this community that class-divisions and alienated labour must be abolished; production must be collectively organized by the laborers themselves for the direct benefit of all. We call this socialism.
Find out more here: The Principles of Communism
1. Lemmygrad-wide rules apply. Behavior such as brigading and harassment won't be permitted. Neither will posts that can be interpreted as explicit threats of/calls for violence.
2. Any post that makes a claim should have a RELIABLE source or explanation in the comments by OP. All claims, news articles, tweets and so forth that are an example of LSC should be substantiated with a reliable, factual and verifiable source. Any posts that egregiously break this rule will have their poster temporarily banned. If the Automoderator deletes the comment with sources that's fine, the moderators can still see and restore it.
3. No trolling. "I was just trolling" won't be accepted as a defense for breaking rules, and we will ban for intentionally disruptive behavior or attacks on our community, users, or philosophy.
4. No capitalist apologia, anti-socialism, or liberalism. This community is intended for a socialist audience, and while good faith questions are allowed, pushing your own counter-narrative here is not. We do not allow support here for capitalism or for the parties or ideologies that uphold it. We are not a liberal or (U.S.-/Social-) Democrat community; we are a socialist community.
5. No imperialism, conservatism, reactionism or zionism. This includes not just ideologies to the right of liberalism but also right-wing fixations such as national/ethnic/cultural chauvinism and military/police worship regardless of the underlying ideology. We take no side in the Russia/Ukraine conflict.
6. No "lesser evil" rhetoric. Lesser-evil rhetoric in relation to elections or current policies is prohibited. Dismissing voting third party because they are “useless” or because you are “throwing your vote away” also violates this rule. It also encompasses saying Trump is “worse” for Gaza, as that place is already completely destroyed. Trump is merely carrying out what the American ruling class started under Biden. Resorts being built and mass relocation were already happening under Biden and Kamala would’ve continued it.
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8. Be nice to each other. Be respectful towards other socialists you disagree with, but also non-socialists who follow the rules and participate in good faith. Feel free to dunk on trolls, bigots and bootlickers to your heart’s content.
9. Bans are at moderator discretion. We reserve the right to eject users (as well as remove, lock, or otherwise moderate any content on the community) for reasons not listed if we consider it necessary to do so.
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11. Do not post content from Dan Price, any other CEO/business owner or ANY liberal politician/official.
This is regarding positive posts or posts agreeing with their statement. Negative posts are permitted but better suited to communities like /c/ShitReactionariesSay
Please note that Robert Reich or Bernie Sanders as liberals also fall under this rule.
12. Do not post NSFL content and flair NSFW posts accordingly. NSFL posts will be removed. Flair NSFW posts with the appropriate content warning flair, otherwise you will be banned temporarily.
13. This is not a debate community. Constructive questions and discussion are welcome, but our basic philosophy is non-negotiable and we aren’t interested in repeatedly having to explain or justify it. We also won’t debate about so-called “socialist” countries. There are plenty of political debate communities, so take your 'gotchas' there.
14. No AI generated content. The community does not allow for AI generated content, even if it’s pro-socialist/communist.
First of all, don't post random Twitter posts with no sources. Second of all, they are just reorganizing through bankruptcy. They will be back. Third, some private equity investors lost money. So what?
Fourth, they only lost money due to mismanagement. Products like Instant Pot don't sell a million at once. They sell many millions over decades. They are perfect investments because they are predictable. But don't expect to get all the money tomorrow.
Yeah go tell that bot what not to post!
Oh god it looks like it's just a top post cross post bot from reddit? Yuck.
Just letting you know our beautiful admins banned the bot 
They seem to sell like crazy every time theres some kind of sale, though.
But also the OPs article claiming that it went bankrupt because its too good is bull. Ive plenty of appliances that have lasted a long time. The bigger issue for Instant Pot is the lack of diversity and features on its core product that make it stand out. Plenty of companies make similar pressure cookers.
Also found this article https://www.bonappetit.com/story/instant-pot-bankrupt
I'm 98% sure this is a marketing ploy. Company faces bankruptcy because one of it's top products doesn't sell. So it complains that the reason is that it's product is too good? That's advertising. The element that will be studied in future by business students is how the company got anti-capitalists to spread the advert. The contradiction in this ploy is they customers will now be asking: what if I buy one and it does break but the company has gone bankrupt and closed?
Maybe it's stats show that it mainly has new customers rather than repeat customers. That's a poor endorsement, not confirmation that it's products aren't breaking. It suggests that is products aren't being used enough to stress test them. And it suggests it's a saturated market and these devices aren't all they're cracked up to be.
Edit: still, I agree we should use this as an argument to leave capitalism in the dustbin of history.
I was thinking the same thing. I have one of these. I never use it. I don't recommend it to people. It's not a good product. The idea that crock pots make their money by breaking fast enough is ridiculous.
The problem wasn’t durability — it was supply chain constraints during Covid and private equity mismanagement.
I mean if you can’t make a success out of owning Pyrex, Corningware/Corelle, and Instant Pot — you’re doing something wrong.
https://www.theatlantic.com/technology/archive/2023/06/instant-pot-bankrupt-private-equity/674414/
Pyrex went rapidly downhill in recent years. It's glass used to be tough af. Then they changed the recipe. I haven't bothered with anything Pyrex for well over a decade because the last thing I bought inexplicably broke. There's nothing to mark it against the competition nowadays. They're just selling glass with a pyrex label.
I've heard the more expensive stuff with a blue tint is still good, the argument I heard was that they run two lines, secretly. But I've not come across any. Maybe I only shop in the shops made for poors. Or the urban myth that it still sells durable glass was another marketing scheme to trick customers into sticking with the company.
Given this anecdote, if the same company owns instant pot and pyrex, I can believe that the company partly believes that it's instant pots aren't profitable because they work. What a world.
The story with Pyrex is more nuanced than people think.
Yes, the type of glass was switched, but for safety reasons. The classic (all-caps, I believe) PYREX was able to handle the thermal shock of going straight from the freezer to the oven. When it did break, though, it broke into sharp splinters. Modern Pyrex needs to warm up some before being put into the oven, but when it breaks it does so in square chunks.
Like all glassware, scratches and chips seriously degrade the strength of the glass, even if those scratches aren't visible. Failure can happen unexpectedly because of slight impacts to invisible microfractures. Don't scrape your glass with metal utensils and be careful with secondhand Pyrex, because you don't know if it's been dropped before.
Ah, so it's like when they introduced safety glass so that kids (mainly) don't cut themselves on giant shards if they run into it and it smashes while they're playing?
I'll follow that advice. Thanks for explaining.
Instant pots absolutely break within a few years. Mine did at 4 years, after the second or third time I made bone broth in it.