Comment by weq | Hacker News Reader

Comment by weq | Hacker News Reader

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Capitalism DOESNT fail! This IS the system. In the presence no rules, people will converge on the lowest common denonomiter. The problem with Estsy happens to any platform that gets popular. Its been happening in the real world since the 1990s where large coperations have moved in on mom and pops. Curated gets undercut.

There is no way around this in the free market. Ad comnpanies are the largest companies in the world, THATS NOT A CONINCIDENCE. Its about making people consume. Making people want sh*t that in reality they could live without. Overloaded by stimulii, people break. People want the dream. They hear about the dream. People want the cheapest thing so they can 100x instead of 2x. People who knock things off want the most popular thing. This is competition working. Its a race to the bottom or we sacrifice infinite growth. There is no other way. You either create new markets, create new consumers, or steal other peoples cut of the pie. "Disruption".

Please stop writing in caps, it makes your comments look more agressive and rant-like than you probably intend, and it makes it hard to read for me and likely others.

It’s not hard to read per se but I just can’t read it in any mind voice other than someone yelling right in my face.

> Ad comnpanies are the largest companies in the world, THATS NOT A CONINCIDENCE

Apple is not an ad company, Tesla is not an ad company, Microsoft mostly isn’t an ad company, Netflix isn’t an ad company.

There are very few of the large companies that are ad companies.

Every human made system and most every non-human system fails in some way at some point depending on the stresses put upon them.

do you want to go back to "mom and pops" shops in lieu of supermarket chains? I don't. I would like supermarket chains to treat their employees better and I'm willing to pay 10% more for it.

Multiple times each year I rent an inexpensive cabin at one of our state parks, and on the way here I always visit a small grocery store in a small town that carries a local Amish bakery’s goods. I absolutely love their bread.

This past weekend I noticed a Dollar General had popped up nearby. They’re like weeds in rural Indiana.

I have no doubt that within a year or two the small grocery store will be gone, and I’ll no longer have a convenient place to buy that bread I like so much.

Yes, I do want to go back to mom and pop shops.

"Mom and pop" shops offer sub-par and high overhead products, almost exclusively.

Dollar General pops up, where people are very, very, price sensitive.

That "mom and pop" shop is either for tourists or is taking an unreasonable rent off the local economy.

I now live in a rural area and I like my local artisanal stores. But they cannot sustain the economy, due to very high overhead.

I don't disagree that 'race to the bottom' is the rule rather than the exception in modern capitalism, but I don't think your response here captures the context. The fact that Etsy's decline into something like Amazon (which has truly embraced the race to the bottom, enabling it to thrive) was more-or-less inevitable doesn't change the reasons I've used it in the past, or the reasons I may be less likely to use it in the future.

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