Memes of Production

1411 readers

1542 users here now

Seize the Memes of Production

An international (English speaking) socialist Lemmy community free of the “ML” influence of instances like lemmy.ml and lemmygrad. This is a place for undogmatic shitposting and memes from a progressive, anti-capitalist and truly anti-imperialist perspective, regardless of specific ideology.

Rules:
Be a decent person.
No racism, sexism, ableism, homophobia, transphobia, zionism/nazism, and so on.

Other Great Communities:

founded 2 months ago

MODERATORS

Deceptichum@quokk.au

212

freer (infosec.pub)

submitted 1 week ago by Deceptichum@quokk.au to c/mop@quokk.au

8 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] ChilledPeppers@lemmy.dbzer0.com 2 points 1 week ago

Duplication Not really. If two companies create a product, and have a similar market share, they are producing the correct amount in total. If they aren't, one of them will be running a loss and be forced to adapt.

Also, because there are two or more options, there is competition, innovation and a push to optimize and lower prices.

Profit

Yesn't. Thats the point of properly regulated, to force the actors into doing things right instead of abusing economic power. AKA, if you have UBI, people won't need to take slave jobs, and the companies will have to sacrifice higher profit for paying wages that keep their employees satisfied.