Re:GoPro shows its vulnerability after horrific Q3 earnings
by odbol_ on Tuesday November 08, 2016 @08:17PM
(#12905381)
We're not talking about capitalism vs. communism. We're talking about capitalism vs. consumerism, aka Planned Obsolescence.
Capitalism _could_ produce products (even high-tech products like phones) that last for longer than 2 years (e.g. swappable chips/boards/screens, etc), but it doesn't, because the rapid, constant growth demanded by investors is antithetical to making products that are built to last.
Oh but you're talking about pickup trucks and can-openers. Oh ok my bad.
Were those created by socialist / communist economies now?
What are we even talking about here? Did capitalist economies develop these things or not? Does the profit motive not motivate the auto company and can opener company to produce a better product?