1523
How i feel on Lemmy (programming.dev)
you are viewing a single comment's thread
view the rest of the comments
[-] LadyAutumn@lemmy.blahaj.zone 11 points 1 year ago

Capitalism creates scarcity to generate profit. We live and have been living in a time of unprecedented efficiency productivity and abundance. Artifical scarcity is used to keep workers from resisting wage slavery.

Companies would rather sell more product then pretend for it to be rarer (except for stuff like diamonds but those are selled to rich, successful people anyway)

[-] Miqo@lemmy.world 4 points 1 year ago

That's such a naïve thing to say. Artificial scarcity is incredibly common and used as a marketing tool by nearly every industry. My favorite example is when digital content has "limited edition" copies.

[-] Viclan@beehaw.org 1 points 1 year ago

Literally what are you talking about??? Why would a company not enforce artificial scarcity, it means they have to produce less and their product is more valuable per item. It costs companies to produce more product, they’re not interested in selling a good product just anything that will keep profit margins high. If anything they’d lay off the actual laborers to keep their executives nice and comfy while “cutting costs” across the board. Why do we subsidize farmers to overproduce and we still have people suffering food insecurity?

this post was submitted on 22 Jul 2023
1523 points (77.8% liked)

Memes

45724 readers
584 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS