> The DRAM and NAND flash manufacturers at fault for the ongoing RAM, SSD, and GPU price increases
Yes, it's the manufacturers fault, not the unbelievable market demand.
We are all Capitalists, until the Market comes after the stuff we love.
Yes, it's the manufacturers fault, not the unbelievable market demand.
We are all Capitalists, until the Market comes after the stuff we love.
1/ speak for yourself
2/ where is your capital and your means of production? Your machines? Your factories? Your raw materials, your tools? How long do you survive tomorrow when you quit your job and you have no other income?
You're not a capitalist. You're just a consumer for them to suck dry. The faster you learn it, the better off you will be.
Anyone with half a brain isn't a "Capitalist" (with a big C, like in your example) which is why every single prosperous nation (including USA) regulates markets to avoid destruction of their prosperity and society.
Marx treated Smith rather favorably, and credits him for first understanding that labor in general is what creates value. Smith is best understood as an early pioneer in understanding political economy and trade. He likely wouldn’t recognize or understand the capitalism of today (nor would Marx).
Going from a feudal system to a capitalist system was great. All of a sudden people got payed wages, the creation of capital (productive goods) was incentivized. It created a much more dynamic economy.
What we are seeing now is a transition from capitalism to technofeudalism. You no longer buy things, you rent them from corporations that have much more power than you.
Additionally, the giant platforms (youtube, facebook, et al), are like a feudal lord's lands: people post / create content mostly for free, the lord extracts rents from the society (ads, etc). The many have no power, the lords get to organize their platforms however they want, prices rise because of the advertising spend, so even if you don't use facebook you bear the burden.
The entire point of anti-trust is to ensure a capitalist system doesn't transition back into a feudal one.