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We live in an extraction economy

Posted on 10/15/26 at 6:47 pm
Posted by weagle1999
Member since May 2025
4268 posts
Posted on 10/15/26 at 6:47 pm
Remember when you weren’t always dealing with scams, attempted up charges, and hidden fees?

————

Most people know something is wrong.
They feel it every time a bill makes no sense, every time a service gets worse while the price goes up, every time a company hides behind a maze of menus, every time something they used to own turns into something they now rent forever. They feel it every time their time is treated as worthless, and their dependency is treated as a business asset.
They may not have the language for it, but they know the feeling: too much of modern life feels rigged.

That’s because it is.

We live in an extraction economy.

An extraction economy is not just an economy with greedy people in it. Greed is old. This is worse. This is a system that increasingly makes money not by building, fixing, transporting, teaching, healing, serving, or improving, but by getting between people and what they need and charging them for the privilege of passing through.

That is the shift.

A healthy economy makes money by being useful.

An extraction economy makes money by being unavoidable.
I wrote recently about arriving at a hotel about an hour before check-in and asking a simple question: if the room was ready, could we go up? They checked the system. The room was ready. Cleaned. Empty. Assigned to us. No scramble. No special accommodation. No extra labor. The work was already done.

“Yes,” they said, “but there’s a $15 early check-in fee.”

That small moment says more about the modern economy than a stack of white papers.

Longer, but excellent article
This post was edited on 10/15/26 at 6:47 pm
Posted by Bass Tiger
Member since Oct 2014
57091 posts
Posted on 10/15/26 at 6:56 pm to
I wonder if taking a 2023 Jeep Grand Cherokee to the dealership to get the running lights looked at because they're no longer working is part of the extraction economy? I know this Jeep dealership is going to extract some money from me.

Remember not that long ago when the lights on your vehicle weren't working you replaced a bulb, a fuse or repaired some defective wiring?

Forget about it. On a new Jeep Grand Cherokee if any of the lights are not working and you have less than 50K miles there's a good chance you have more serious trouble because the lights work off a central control module that has to have a diagnostic program run on it to determine what the real problem is. No idea how much it's gonna cost but the Jeep has been there for two days being evaluated.

I know some will say buy that bumper to bumper comprehensive warranty for $150-200/month and sleep better at night......more extraction.
Posted by trinidadtiger
Member since Jun 2017
21485 posts
Posted on 10/15/26 at 6:56 pm to
Here here.

We often hear about how productivity has improved in the workforce.

We pump our own gas and have to wait in line to pay for it.

We have to stand in line at an ATM and be charged to use the machine.

We have to find boxes at the box grocery and take it to our car and return the cart.

We have to call for any service and spend our time going through a litany of prompts to ask about our "service" while listening to a company message telling us how they embrace all people.

They took our time and called it productivity.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
5851 posts
Posted on 10/15/26 at 6:58 pm to
quote:

Remember when you weren’t always dealing with scams, attempted up charges, and hidden fees?


Yeah I miss the days growing up in the company town where pops was paid in tokens.
Posted by Bass Tiger
Member since Oct 2014
57091 posts
Posted on 10/15/26 at 7:08 pm to
quote:

Here here.

We often hear about how productivity has improved in the workforce.

We pump our own gas and have to wait in line to pay for it.

We have to stand in line at an ATM and be charged to use the machine.

We have to find boxes at the box grocery and take it to our car and return the cart.

We have to call for any service and spend our time going through a litany of prompts to ask about our "service" while listening to a company message telling us how they embrace all people.

They took our time and called it productivity.



Our DC Overlords allowed tens of millions of immigrants into the US for the cheap labor but the cost to build a home, roof a home, drywall a home, landscape a home, pave a road, etc. has only gone through the roof and street level Americans received no lasting benefit for allowing all these migrants into the US.
Posted by CalcuttaTigah
Member since Jul 2009
1039 posts
Posted on 10/15/26 at 7:16 pm to
This is all because of greedy companies. While you don’t have to like it, the best counter move is to invest in the greedy companies. This is what separates from the investing class from the middle class.
Posted by ShermanTxTiger
Broussard, La
Member since Oct 2007
11462 posts
Posted on 10/15/26 at 7:20 pm to
People are using our good will and lack of attention to small expenses to bleed us dry.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
18349 posts
Posted on 10/15/26 at 7:33 pm to
It’s an interesting write up. At the bottom it says:
quote:

This story is published under Quirky Rants — a home for unfiltered thoughts, everyday oddities, and real, relatable voices.


It does read like a rant. He only offers one specific example - the early check in fee. Everything else is a generality.

It also reads like AI.

Broken up into bite sized bits that convey a thought and give the reader just enough time to get into rhythm before it stops.

Abruptly.

Without warning. And then picks back up again.

Posted by tiggerfan02 2021
HSV
Member since Jan 2021
4383 posts
Posted on 10/15/26 at 8:51 pm to
quote:

Remember not that long ago when the lights on your vehicle weren't working you replaced a bulb, a fuse or repaired some defective wiring?

Forget about it. On a new Jeep Grand Cherokee if any of the lights are not working and you have less than 50K miles there's a good chance you have more serious trouble because the lights work off a central control module that has to have a diagnostic program run on it to determine what the real problem is. No idea how much it's gonna cost but the Jeep has been there for two days being evaluated.

I know some will say buy that bumper to bumper comprehensive warranty for $150-200/month and sleep better at night......more extraction.



Not only that, but almost all the lighting systems on newer vehicles are integrated LEDs, so there is no replacing a $5 bulb when the turn signal craps out. Buy a $2000+ headlamp assembly, or a $900 taillamp assembly instead. Or, if you are lucky, the front turn signal is separate and located in the bumper. But guess what, it is LED also and costs hundreds of $$$ too.
frick new cars!!! I have to work on them for a living and I HATE them!!!!!!!!

Too much overcomplicated, over-engineered bullshite designed to make simple reasonable cost repairs and maintenance impossible, and they are marketed to the dumbass public as a rolling fricking living room with all the entertainment options the mind desires, and no need to pay attention to what you are doing because the car will do it for you.



Posted by deltaland
Member since Mar 2011
104973 posts
Posted on 10/15/26 at 9:17 pm to
quote:

know some will say buy that bumper to bumper comprehensive warranty for $150-200/month and sleep better at night......more extraction.


Yup. And my wife’s Jeep grand Cherokee summit reserve has the 5.7 hemi. 83k miles, she keeps it spotless clean and has it serviced at the dealership every 3k miles. Never been off road.

Currently getting lifters and cam replaced and both front CV axles
Posted by GreatLakesTiger24
Member since May 2012
62288 posts
Posted on 10/15/26 at 9:23 pm to
I wish I was like five-ten years younger so I wouldn’t have any idea of how things used to be
Posted by YourSoulIsMine
Member since Sep 2026
18 posts
Posted on 10/15/26 at 9:24 pm to
Just a moment... LINK


All of you mfers cheered for Trump getting rid of this, not smart enough to read up on what the bill actually does. As long as the man in office said it it was bad I gotta hate it, even though it returned 20 billion to the American people. This is documented and I don't debate facts. Unfortunately documents and facts mean nothing to the fantasy land in here.
This post was edited on 10/15/26 at 9:27 pm
Posted by Bass Tiger
Member since Oct 2014
57091 posts
Posted on 10/15/26 at 9:25 pm to
quote:

Not only that, but almost all the lighting systems on newer vehicles are integrated LEDs, so there is no replacing a $5 bulb when the turn signal craps out. Buy a $2000+ headlamp assembly, or a $900 taillamp assembly instead. Or, if you are lucky, the front turn signal is separate and located in the bumper. But guess what, it is LED also and costs hundreds of $$$ too.
frick new cars!!! I have to work on them for a living and I HATE them!!!!!!!!

Too much overcomplicated, over-engineered bullshite designed to make simple reasonable cost repairs and maintenance impossible, and they are marketed to the dumbass public as a rolling fricking living room with all the entertainment options the mind desires, and no need to pay attention to what you are doing because the car will do it for you.



Unfortunately even the most low end/low cost vehicles are captured by the over-engineered BS. I need to look for a couple of decent vehicles that were made prior to the mid 1990's.
Posted by weagle1999
Member since May 2025
4268 posts
Posted on 10/16/26 at 5:45 am to
quote:

Our DC Overlords allowed tens of millions of immigrants into the US for the cheap labor but the cost to build a home, roof a home, drywall a home, landscape a home, pave a road, etc. has only gone through the roof and street level Americans received no lasting benefit for allowing all these migrants into the US.


Well said. And those newcomers brought scams with them.

Notice how Indian owned gas stations don’t post the prices for anything. Scam.
Posted by dickkellog
little rock
Member since Dec 2024
3722 posts
Posted on 10/16/26 at 8:14 am to
i can tell you jethrine, i'm 65 and remember the day's when we didn't have ATM's and if you wanted money out of your bank you had to go before 3pm because that's when they closed.

by the way i don't pay a fee to use a BofA atm i only pay a fee to use another banks atm, this obscure author of this article complains about an early check in fee i've never paid that, i bet you don't tip either, yep you seem like the cheap a*s mfer that doesn't tip.

you people ae perpetually miserable and it's always trump's fault.
Posted by theballguy
HSV (Dealing only in satire)
Member since Oct 2011
44723 posts
Posted on 10/16/26 at 8:21 am to
quote:

Remember when you weren’t always dealing with scams, attempted up charges, and hidden fees?



I've been alive since '69 and no I don't remember a day where these things didn't happen.

This is America bro!

Capitalism is about only one thing: a fool and his money are soon parted.



MARXIST bros DESTROYED
This post was edited on 10/16/26 at 8:45 am
Posted by bluedragon
Birmingham
Member since May 2020
10135 posts
Posted on 10/16/26 at 8:31 am to
Yet you voted for a mind numb basement dwelling, idiot that caused the chaos.
Posted by theballguy
HSV (Dealing only in satire)
Member since Oct 2011
44723 posts
Posted on 10/16/26 at 8:46 am to
quote:

And my wife’s Jeep grand Cherokee summit reserve has the 5.7 hemi. 83k miles,


Out of curiosity, what year is this vehicle?
Posted by Bigdawgb
Member since Oct 2023
4909 posts
Posted on 10/16/26 at 8:56 am to
quote:

Yeah I miss the days growing up in the company town where pops was paid in tokens.


I miss the days when people had the sack to stand up to that kind of bullshite & do away with it.

There are a lot of modern practices that deserve the same treatment
Posted by GreatLakesTiger24
Member since May 2012
62288 posts
Posted on 10/16/26 at 9:11 am to
quote:

and remember the day's
are you illiterate?
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