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The real indicator of “Late Stage Capitalism” is that everything is now a subscription
Posted on 2/21/23 at 9:59 pm
Posted on 2/21/23 at 9:59 pm
quote:
Tractors, the heated seats in your car, - shite that has 0 business being a subscription
When you don’t own the physical goods you purchased outright - that’s late stage capitalism
It’s maximum rent seeking - companies are trying to juice profits and margins by attaching subscriptions to hardware/physical goods
Make no mistake…EVERY SINGLE EXECUTIVE is trying to figure out how to do this
LINK
Posted on 2/22/23 at 1:38 am to hikingfan
A man is willing to do just about anything to quiet a nagging wife.
Posted on 2/22/23 at 6:29 am to hikingfan
I get subscription based models to make revenue steadier. Some are absurd though, like the heated seats subscription
Posted on 2/22/23 at 7:07 am to hikingfan
1. Don’t buy the subscriptions
2. Problem solved
2. Problem solved
Posted on 2/22/23 at 7:09 am to Weagle25
exactly, if the consumers respond how they should, it will go away quickly
Posted on 2/22/23 at 7:13 am to hikingfan
I despise the term "late-stage capitalism," but I agree on hardware being a subscription. It's fricking bullshite.
Posted on 2/22/23 at 7:53 am to Weagle25
It’s not that easy for farmers.
Posted on 2/22/23 at 8:18 am to hikingfan
Seems like opportunity to win customers by including it at no charge.
Posted on 2/22/23 at 8:43 am to hikingfan
Best part about subscriptions is there are no switching costs. You just turn it off 

Posted on 2/22/23 at 11:11 am to hikingfan
You see everyone hawking a subscription. I lol'd at Willie Robertson offering a monthly subscription box.
This is all part of the "you will own nothing and love it" WEF Bullshite.
This is all part of the "you will own nothing and love it" WEF Bullshite.
This post was edited on 2/22/23 at 11:12 am
Posted on 2/22/23 at 12:51 pm to hikingfan
I just subscribed to your Youtube channel
Posted on 2/22/23 at 12:53 pm to hikingfan
Heated seat is a bridge too far for me
Posted on 2/22/23 at 1:24 pm to hikingfan
How soon until we see a subscription required to enter a grocery store?
Posted on 2/22/23 at 1:50 pm to crazyLSUstudent
quote:
How soon until we see a subscription required to enter a grocery store?
Once gov't has total control and is paying for everyone's everything, the large crowd won't like what they aren't authorized to buy. For every reason this future is dismal for me, it will be fun watching all the lackeys that helped it along get the real life education that history books would have afforded them.
Posted on 2/22/23 at 2:55 pm to crazyLSUstudent
quote:.
How soon until we see a subscription required to enter a grocery store?
Costco?
Sams?
Posted on 2/22/23 at 4:37 pm to hikingfan
I disagree.
There's been a form of this in the video gaming world that became popular a decade-ish ago; the micro-transactions. Instead of paying a sub for a game each month, the base game is free and you can buy perks. Sometimes it's merely cosmetic (a fancy new sword graphic, for instance) and sometimes it's Pay-2-Win (P2W - buying new spells, abilities, gear with better stats, etc).
When this first came out, gamers were splooging themselves constantly because they thought "oh, look!! I get the game for free and can just buy the things I want). It turned out that businesses like free/easy money too so more and more things became purchasable through micro-transactions to the point where many were paying more for their game than they would through a sub (where everything was free with a sub) or they're paying a larger cumulative amount for games in general because they are now playing more games because they are "free".
For many, subscriptions are simply the new thing. Lots of people are making lots of money nickel & diming everyone else for creature comforts, but there's an eventual pushback point where consumers start realizing they are getting nickeled and dimed to death. At that point they begin to push back and alternatives come into play (at least in a solidly capitalist system).
There's been a form of this in the video gaming world that became popular a decade-ish ago; the micro-transactions. Instead of paying a sub for a game each month, the base game is free and you can buy perks. Sometimes it's merely cosmetic (a fancy new sword graphic, for instance) and sometimes it's Pay-2-Win (P2W - buying new spells, abilities, gear with better stats, etc).
When this first came out, gamers were splooging themselves constantly because they thought "oh, look!! I get the game for free and can just buy the things I want). It turned out that businesses like free/easy money too so more and more things became purchasable through micro-transactions to the point where many were paying more for their game than they would through a sub (where everything was free with a sub) or they're paying a larger cumulative amount for games in general because they are now playing more games because they are "free".
For many, subscriptions are simply the new thing. Lots of people are making lots of money nickel & diming everyone else for creature comforts, but there's an eventual pushback point where consumers start realizing they are getting nickeled and dimed to death. At that point they begin to push back and alternatives come into play (at least in a solidly capitalist system).
Posted on 2/22/23 at 7:37 pm to Bard
quote:
There's been a form of this in the video gaming world that became popular a decade-ish ago;
I think the point in the OP is that it’s gone from a few very specific examples to being much more widespread now.
Posted on 2/22/23 at 7:54 pm to crazyLSUstudent
quote:
How soon until we see a subscription required to enter a grocery store?
Want your groceries brought out to your car?
Want more fuel points?
Posted on 2/22/23 at 10:12 pm to Bard
quote:What? microtransactions in gaming have been hated on since day 1.
When this first came out, gamers were splooging themselves constantly because they thought "oh, look!! I get the game for free and can just buy the things I want).
Posted on 2/23/23 at 7:05 am to Jag_Warrior
quote:
I think the point in the OP is that it’s gone from a few very specific examples to being much more widespread now.
Which is what happened with micro-transactions. This is what happens when something new that makes tons of cash hits the market. It may never disappear completely but it will wane once consumers move to alternatives.
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