It's funny: Both Bandcamp and Patreon had the easiest and most straightforwardly long-term profitable business models imaginable: Sit between indie creatives and their fans, provide some basic services for mediation (comment sections, media posts, semi-global payment) and take enough of a cut of any payments to cover the costs and then some.
But because that business model wouldn't scale forever, they are instead being gutted, because ever _increasing_ growth is the only model capital accepts
@pettter This SO much.
The thing about the phrase "ever increasing growth" is that if you don't think about it at all, it kinda sounds remotely reasonable. Like obviously incredibly greedy, of course, but capitalism gonna capitalism, you know?
But if you think about it even for a second, it's just abject insanity; the need to not only consistently make a lot of money, not only consistently make incresingly MORE money, but the need and drive to always keep accelerating the speed at which the amount of money you make increases.
It's like the grains of rice on a chess board from the old proverb; it's mind-blowing there are THOUSANDS of people in the world who fully expect they'll just keep increasing their dragon hoards exponentially in perpetuity 🤯
@pettter @BenAveling @maegul @shi forever growth is why both Ponzi schemes and pyramid schemes are fundamentally scams.
Even tech companies must eventually slow to growing only as much as the economy as a whole at some point.
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maegul
Ben Aveling
Chris Stefan