this post was submitted on 27 Oct 2023
287 points (91.8% liked)

Fediverse

28491 readers
1056 users here now

A community to talk about the Fediverse and all it's related services using ActivityPub (Mastodon, Lemmy, KBin, etc).

If you wanted to get help with moderating your own community then head over to !moderators@lemmy.world!

Rules

Learn more at these websites: Join The Fediverse Wiki, Fediverse.info, Wikipedia Page, The Federation Info (Stats), FediDB (Stats), Sub Rehab (Reddit Migration), Search Lemmy

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] elbarto777@lemmy.world 1 points 1 year ago (1 children)
[–] prole@sh.itjust.works 4 points 1 year ago (1 children)

Rent seeking. It's called rent seeking, and there is nothing new about it.

[–] elbarto777@lemmy.world 2 points 1 year ago* (last edited 1 year ago) (1 children)

But rent seeking sounds too.... clean. It's almost an euphemism. Because in the end, the result is that for a whole lot of people, the experience of using the services goes to shit.

Edit: I just googled it and yeah, you're exactly right. Interesting!

[–] prole@sh.itjust.works 1 points 1 year ago (1 children)

I just like pointing out that it's nothing new.

It may not be a flashy term, but it has a lot of historical context and it's basically a defining feature of modern capitalism at this point.

[–] elbarto777@lemmy.world 1 points 1 year ago (1 children)

Absolutely. I read a whole lot about it after I posted my previous comment. Rent seeking is definitely the right term.

[–] prole@sh.itjust.works 2 points 1 year ago

Glad to hear it. Spread the word, it's a great term imo, and something more people need to be aware of.