Users need to accept that Netflix was never going to be profitable that way. We had a taste of that amount of content at that price, but it simply can't be economically done.
What a vampiric, corporate lickspittle point of view.
This isn't just "things only deserve to exist if it makes someone money" this is "our system systemically discourages wasteful use of resources".
Actors and such need to be paid. Their labor is a scare resource so if they are doing something that's not worth more than their time, they should generally be doing something else. If we all behaved otherwise society would slowly die as wealth got consumed to zero instead of increased with time.
But if I stop buying your stuff maybe you will lower your prices and maybe stop investing in expensive stupid fantasy shows that everyone hates.
I mean, I don't owe it to you to buy your crap either. It's a two way street.
Yup, this is my point.
The narrative is important. It's important to reframe this as Netflix going against the less powerful side.
Also, I celebrate this has already cost them 1 million users in Spain alone. I hope this backfires on Netflix globally.
Nearly everything that's wrong with the current economy and welfare of your average man in the US can be traced in some way to the stock market. Now we have the additional burden of lumping nearly everyone's retirement accounts into that same system. What could possibly go wrong, again?
I read an article probably 20 years ago, about the things that take down profitable companies, and one phrase that stuck with me was "the relentless pursuit of more".
Just the basic fact that an economy that is good for workers, where they are more in demand and make more money, is bad for their retirement because the stock market goes down, is really all you need to know to understand why the stock market is a plague.
It’s also quite frankly impossible to grow forever. Market saturation is a thing, as is the number of atoms you can convert to paper clips.