this post was submitted on 14 May 2025
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Capitalism didn't used to be like this because it was still developing, but it was always going to become this. Enshitification is not a bug, it's a feature. Capitalism is supposed to work like this. And when it wasn't, it was just because it wasn't there yet, mainly due to technical limitations.
Enshitification is a consequence of legalized dumping. Companies are allowed to dump loss-making profucts and services on the market until they achieve dominance, then they squeeze the users that now have nowhere else to go. In startup-lingo this is blitzscaling followed by monetization. Our competition laws are 30 years behind the curve on this stuff.