this post was submitted on 16 Oct 2023
617 points (98.6% liked)
Technology
60062 readers
3662 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
because of the eternal growth principle of capitalism. Objectively there is a point that a company cannot grow anymore. For example there cannot be infinite bands that will constantly enter bandcamp to increase their numbers. At that point the company holders find different paths, like temporarily increasing numbers by reducing the number of employees. In periods of recession and uncertainty this has a domino effect.