Youtube, twitter, and reddit have obviously been in the news a lot recently, but every day business applications also seem to just keep getting worse. Got new PCs at work which means version updates, and pretty much everything we use (autocad, adobe acrobat, and ms office, mainly) all seem to run much slower, despite the computers having substantially higher specs. Love that I can't use any old versions or alternatives because they refuse to grant me admin access.
I love capitalist innovation! Why make things better when you could just make them worse and charge more?
Mfs tell me insurance companies are innovative
I mean, a group collecting money to cover a loss for one of it's members isn't a bad concept. It's just the
leeching money and trying to cut out claims that sucks.
Not at all, but the concept wasn't invented under capitalism either. It was however, distorted under capitalism into another mechanism to siphon resources away from those who would both help their fellow members of society as well as the people in need of that help. The "insurance" as we know it today. (Not disagreeing with you, to be clear.)
Speaking of, does anyone want to join my tontine??
At one point insurance was an important innovation that, along with other financial developments like joint stock companies, enabled capital-intensive, high risk/high reward endeavors in ways that weren't nearly as possible before. It's just that that point was in the late middle ages.