• sealhaslupus@lemmy.world
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    7 hours ago

    this is all based on the premise that an individual can afford the plethora of products and services on offer.

    i think more or less that’s it’s difficult to foresee what will happen in the next 5 years.

    what i believe people have a hard time understanding is that there is no such thing as “too large to fail”. it only takes a handful of poor decisions for a company to fail, and many more better decisions for it to succeed.

    • MonkeMischief@lemmy.today
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      5 hours ago

      what i believe people have a hard time understanding is that there is no such thing as “too large to fail”.

      Well, I don’t think people generally think that literally anymore. Nowadays what it ends up meaning is that if the company is such a monolith central to modern life, it can make the stupidest decisions imaginable and simply be “propped up” by sucking money out of our pockets.

      Less “They’re too big to fail” and more “They won’t let it fail, even if it should.”

      • sealhaslupus@lemmy.world
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        4 hours ago

        this is also very true.

        i do believe that the pendulum swings back and forth but at the moment it’s swinging in the direction of people who are inherently selfish (amongst many other things)