• Omega_Haxors@lemmy.ml
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    1 year ago

    Socialized system vs capitalized system: The capitalist comes in and uses their venture capital to undercut the socialized system so that people stop using it. Once the socialized system loses interest and funding or are otherwise out of the picture, they they jack their prices up way higher than the original and because they’re the only game in town, they get to keep those record profits in effective perpetuity.