Re:In Jackson, Mississippi, a water crisis of unparalleled s...
by Buttons840 on Saturday September 03, 2022 @05:03PM
(#32706053)
As wealth inequality grows in our capitalist society, I worry the common people simply wont control enough wealth to have their concerns considered. The common people do have the ability to vote, but more and more votes are bought with money and divisive advertising.
The bottom 50% of American's control 2% of the nations wealth. Helping the plebs simply isn't going to be profitable. All that to say, yes, I worry about crumbling institutions.
I first thought about this while considering the rise of SaaS software. Software sold with a one-time cost, an honest transaction, is dying. Perhaps common people simply don't control enough wealth to make honest software worth while. Instead, companies want our data they can sell to other wealthy entities. "Common people are out there, they don't possess any wealth to speak of, but we can spy on them and sell the data to other wealthy people."
The bottom 50% of American's control 2% of the nations wealth. Helping the plebs simply isn't going to be profitable. All that to say, yes, I worry about crumbling institutions.
I first thought about this while considering the rise of SaaS software. Software sold with a one-time cost, an honest transaction, is dying. Perhaps common people simply don't control enough wealth to make honest software worth while. Instead, companies want our data they can sell to other wealthy entities. "Common people are out there, they don't possess any wealth to speak of, but we can spy on them and sell the data to other wealthy people."