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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 by hikingfan
Member since Jun 2013
1709 posts
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 by tenderfoot tigah
Red Stick
Member since Sep 2004
11215 posts
Posted on 2/22/23 at 1:38 am to
A man is willing to do just about anything to quiet a nagging wife.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
31802 posts
Posted on 2/22/23 at 6:29 am to
I get subscription based models to make revenue steadier. Some are absurd though, like the heated seats subscription
Posted by Weagle25
THE Football State.
Member since Oct 2011
47316 posts
Posted on 2/22/23 at 7:07 am to
1. Don’t buy the subscriptions
2. Problem solved
Posted by DawgCountry
Great State of GA
Member since Sep 2012
31517 posts
Posted on 2/22/23 at 7:09 am to
exactly, if the consumers respond how they should, it will go away quickly
Posted by BottomlandBrew
Member since Aug 2010
28386 posts
Posted on 2/22/23 at 7:13 am to
I despise the term "late-stage capitalism," but I agree on hardware being a subscription. It's fricking bullshite.
Posted by GeauxTigers123
Member since Feb 2007
2304 posts
Posted on 2/22/23 at 7:53 am to
It’s not that easy for farmers.
Posted by Billy Blanks
Member since Dec 2021
4751 posts
Posted on 2/22/23 at 8:18 am to
Seems like opportunity to win customers by including it at no charge.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11626 posts
Posted on 2/22/23 at 8:43 am to
Best part about subscriptions is there are no switching costs. You just turn it off
Posted by lsu13lsu
Member since Jan 2008
11713 posts
Posted on 2/22/23 at 11:11 am to
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 post was edited on 2/22/23 at 11:12 am
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 2/22/23 at 12:51 pm to
I just subscribed to your Youtube channel
Posted by thelawnwranglers
Member since Sep 2007
40433 posts
Posted on 2/22/23 at 12:53 pm to
Heated seat is a bridge too far for me
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
5838 posts
Posted on 2/22/23 at 1:24 pm to
How soon until we see a subscription required to enter a grocery store?
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2899 posts
Posted on 2/22/23 at 1:50 pm to
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 by meansonny
ATL
Member since Sep 2012
26005 posts
Posted on 2/22/23 at 2:55 pm to
quote:

How soon until we see a subscription required to enter a grocery store?
.
Costco?
Sams?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55456 posts
Posted on 2/22/23 at 4:37 pm to
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).
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 2/22/23 at 7:37 pm to
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 by kywildcatfanone
Wildcat Country!
Member since Oct 2012
130176 posts
Posted on 2/22/23 at 7:54 pm to
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 by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38471 posts
Posted on 2/22/23 at 10:12 pm to
quote:

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).
What? microtransactions in gaming have been hated on since day 1.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55456 posts
Posted on 2/23/23 at 7:05 am to
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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