I call this "externalization of costs"
I call it converting social capital into financial capital. People had friends, shared experiences, went to events and so on before Facebook somehow inserted itself into all these interactions.
You are implying that people who use Facebook are not free agents who can decide for themselves what their impact on society should be.
Re:Can Germany Fix Facebook?
by WillReplyfFood on Sunday November 05, 2017 @06:52AM
(#15629040)
They are not. If the public plaza is private, you have only the option to not participate and be a social outcast or to bow to the allmende-renteers laws.
Jaron Lanier characterizes these kinds of companies as "Siren Servers": http://marginalia.lareviewofbooks.org/the-vibrant-religious-...
I call this "externalization of costs". Private companies skim off the profit and leave the costs to society - be it in construction with the ÖPP (public-private-partnership) or "lease back" scams, or with social media where the victims of mobbing/nazis and police have to suffer.