By @edent · capitalism fediverse mastodon startups · 4 comments · 500 words
Many years ago, when I was younger and more foolish, I worked for an advertising startup. Things seemed to be going pretty well! The office was expanding, the sales team was screaming into phones, the budget for servers was rising. Growth had been healthy, but now looked to be plateauing. One day we were summoned […]
Continue reading →By @edent · capitalism · 2 comments · 600 words · read ~228 times.
I don't understand capitalists. Taylor Swift - the popular beat combo - wanted to sell tickets for her concert. She0 priced the tickets too low. People1 purchased the tickets and resold them at a higher price - up to $28,000. Tay-Tay's fans2 purchased the higher priced tickets. And there was much wailing and gnashing of […]
Continue reading →By @edent · capitalism choice utilities · 2 comments · 750 words · read ~454 times.
We moved house recently. It's always fun to see what choices the previous owners made - orange paint in the bedroom? Yeuch! While some choices are purely subjective - those light fittings? - other choices are simply illogical. Let's take water meters. Anyone in the UK can get a water meter fitted for free. The […]
Continue reading →By @edent · capitalism competition NaBloPoMo politics · 5 comments · 550 words
What if they gave a war and nobody came? Why, then, the war would come to you! -- Bertolt Brecht The current Conservative Government (and their Labour predecessors) are obsessed with the idea of competition. Their theory is that competition lowers prices, improves services, and makes the world more efficient. The free market will arrive […]
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