26 points fortran77 1 hour ago 46 comments
fortran77 1 hour ago | parent
thefz 1 hour ago | parent
zeroonetwothree 1 hour ago | parent
blltprfmnk 55 minutes ago | parent
But they absolutely simultaneously resulted in lower quality goods in many areas.
As an example, people used to buy hand crafted furniture after buying an home, and it lasted them a lifetime because it was made with such high quality material and with such craftsmanship. It was also very expensive, which motivated keeping it for so long and passing it on to future generations.
Today the furniture we buy is much less expensive as a percentage of income but the quality is crap and you may end up needing to replace it once the finish has worn off because refinishing would be as expensive as buying another crap quality piece of furniture.
The same goes for clothing and many other goods.
It’s not that nobody makes any high quality goods anymore, but they are several times the price and are very low volume because of the cheap crappy alternatives.
astrange 45 minutes ago | parent
But that's not a problem and is likely a good thing. eg it lets you move more often which reduces your commute.
Though none of my Ikea furniture has ever failed and most of it is ~15 years old.
Rohansi 31 minutes ago | parent
You can still move if furniture was more expensive and higher quality. You'd be able to sell what you have and buy new or used wherever you move. Most furniture is very consumable now so you just throw it away and buy new. You can't restore old furniture so the used market is full of stuff nobody really wants if they have the choice.
fc417fc802 14 minutes ago | parent
WalterBright 40 minutes ago | parent
> but they are several times the price and are very low volume because of the cheap crappy alternatives
So high quality goods were expensive and still are expensive.
Not sure what your point is.
fc417fc802 16 minutes ago | parent
In most cases refinishing won't even be an option. Veneered plywood is bad enough but MDF doesn't even have that and some cheap end tables and interior doors are literally just a sheet of veneer affixed to cardboard ribs.
Not that I'm complaining. Those end tables are seriously impressive pieces of engineering given what they're made of and can had for barely more than pocket change.
Panzer04 58 minutes ago | parent
Go look at the goods people got in countries that didn't practice capitalism. They were worse in almost every way, more expensive if you could get them and often the things people wanted were completely unavailable because there was no market incentive informing production.
In my experience, this sort of comment is usually followed up by some personal preference of the commenter. Great. I don't want the same thing, so I guess something has to mediate the resource allocation and effort of society towards providing that want/need at a certain quality/price.. and guess how we do that?
lazyasciiart 31 minutes ago | parent
causesothere 6 minutes ago | parent
I don't think you can look at any authoritarian regime and make assumptions about how an economic system performs. The autocratic features tend to cause society to break down.
For an actual anarchist production model, look no further than Open Source. It's built by people who self organize, to solve problems that are real (and often to make silly, inefficient things). It's often (but not always) motivated by something other than profit. It's people who believe in a credo organizing themselves around that credo and building the tools to sustain that credo.
But imagine if open source was behind an autocrat, there's no way it'd be nearly as rich or flourishing.
WalterBright 57 minutes ago | parent
john01dav 56 minutes ago | parent
t-writescode 50 minutes ago | parent
It’s a major part of why we have anti-trust law, because the country knew where it would all go.
WalterBright 31 minutes ago | parent
If you look at the top 10 companies by market cap every decade, you'll see the churn in them. The lineup in 1910:
• United States Steel Corporation • Standard Oil Company • American Telephone and Telegraph Company (AT&T) • Union Pacific Railroad / Pennsylvania Railroad • International Mercantile Marine Co. • American Tobacco Company • U.S. Rubber Co. • Central Leather Company • Amalgamated Copper Mining Company
And today:
1. Nvidia – ~$4.57 trillion 2. Apple Inc. (AAPL) – ~$4.04 trillion 3. Alphabet Inc. (GOOGL / GOOG) – ~$3.79 trillion 4. Microsoft Corp. (MSFT) – ~$3.63 trillion 5. Amazon.com Inc. (AMZN) – ~$2.70 trillion 6. Taiwan Semiconductor Manufacturing Co. (TSMC / 2330.TW) – ~$2.14 trillion 7. Meta Platforms Inc. (META) – ~$1.81 trillion 8. Broadcom Inc. (AVGO) – ~$1.57 trillion 9. Tesla Inc. (TSLA) – ~$1.40 trillion 10. Eli Lilly and Co. (LLY) – ~$1.18 trillion
WalterBright 24 minutes ago | parent
Musk showed that to be wrong.
grubbydiff 5 minutes ago | parent
otterley 54 minutes ago | parent
strictnein 57 minutes ago | parent
Over 30 years ago my family spent an _extra_ $1000 (in ~1993 dollars) on a computer system to upgrade from a 15" CRT to a 17" and increase the RAM from 16MB to 32MB.
NackerHughes 49 minutes ago | parent
Yes, the device I'm currently using is worse than the equivalent model was 10 years ago. Thanks, capitalism.
Rohansi 44 minutes ago | parent
watwut 3 minutes ago | parent
And if I go further into history, I loved my phone with physical querty keyboard (nokia). There is no such thing on the market now, but I would love physical keyboard again.
Ekaros 40 minutes ago | parent
kurthr 40 minutes ago | parent
And what we have in the US right now is not a free market, nor a well regulated and efficient one. You can call it crony capitalism, if you want, but when banks are bailed out to the tune of $Ts, Federal deficit spending is responsible for "positive" economic growth, and speculative companies are shoved into the indexes that make up what savings the working class has, it barely makes the cut.
Plenty of more "socialist" places with with free healthcare and rule of law, are more market capitalist. Enshitification happens where it is allowed to, because it is allowed to.
jeffbee 56 minutes ago | parent
jarjoura 42 minutes ago | parent
Rebelgecko 41 minutes ago | parent
jarjoura 45 minutes ago | parent
That car costs $200k in the US.
Outside of North America, the cars are really good and affordable. So it's out there. We are clearly doing something wrong here.
anovikov 43 minutes ago | parent
john01dav 35 minutes ago | parent
kleiba2 26 minutes ago | parent
anovikov 17 minutes ago | parent
prmoustache 20 minutes ago | parent
Look at latin america, asia, africa or oceania. Chinese cars everywhere, and not only electric, ICE market is also flooded with brands named after seemingly random letters like on those chinese electronics sold on amazon.
fc417fc802 25 minutes ago | parent
warkdarrior 21 minutes ago | parent
> That car costs $200k in the US.
Which car is that?
tzs 12 minutes ago | parent
They don't seem to be selling Kona EV in the US this year, but their other EVs are similar. Same with the Kia Niro and the other Kia EVs. I'm pretty sure Chevy EVs are similar as far as buttons and the instrument cluster goes, although I think they might be more app dependent. Oh, Nissan EVs were also similar, although I have no idea about their app use.
sien 42 minutes ago | parent
https://evdbau.com/market-stats
In Australia Chinese cars had 4% of the market in 2020. They now have 35% and Chinese cars have the greatest share of any country.
https://www.anz.com/institutional/insights/articles/2026/07/...
Just as an aside, Australia is odd in that it has positive trade balance with China because Australia sells so much iron ore and coal there.
https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...
anovikov 41 minutes ago | parent
fc417fc802 31 minutes ago | parent
I take it you don't live here because that is an absurdly out of touch take. There's a massive stratification of wealth at present with a decent chunk of the younger population living paycheck to paycheck barely making rent (never mind hoping to ever own a home). On the far opposite side of the spectrum there's only a vanishingly small minority that sees money as "no object".
We certainly enjoy a high standard of living compared to much of the world and we're lucky enough to have cheap vehicles available but such specimens are far from what could be described as being in good condition.
anovikov 18 minutes ago | parent
fc417fc802 12 minutes ago | parent