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Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 2 years ago

Amazon made $1 billion through secret price raising algorithm -US FTC

www.reuters.com

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Amazon made $1 billion through secret price raising algorithm -US FTC

www.reuters.com

Lee Duna@lemmy.nz to Technology@lemmy.worldEnglish · 2 years ago
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Amazon.com used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed up prices U.S. households paid by more than $1 billion, the U.S. Federal Trade Commission detailed in a new court filing on Thursday.
  • DessertStorms@kbin.social
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    2 years ago

    No, what we really need is to end capitalism, not pin our hopes on one team or another when both exist to uphold the very system enabling this bullshit (hint: their agencies are never going to work for you).

    • deur@feddit.nl
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      29 days ago

      deleted by creator

      • Nudding@lemmy.world
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        2 years ago

        I mean capitalism is literally enabling the fossil fuel industry to continue to ramp up production, while we are heading into a climate apocalypse. It’s too late for steps.

      • DessertStorms@kbin.social
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        2 years ago

        Ah, yes, incremental change and playing within the rules set by our oppressors, that’s worked so well …checks notes… never.

        Lulling the population in to a false sense of security, but more importantly - comfort, is exactly how you not only maintain the status quo, but how you enable fascism.

        But sure, to those who are privileged enough not to already be personally impacted, I’m sure voting for team blue feels like a real win… 🙄

        https://www.newyorker.com/magazine/2022/08/22/american-democracy-was-never-designed-to-be-democratic-eric-holder-our-unfinished-march-nick-seabrook-one-person-one-vote-jacob-grumbach-laboratories-against-democracy

        https://www.counterpunch.org/2020/10/14/liberalism-and-fascism-partners-in-crime/

        https://truthout.org/articles/fascism-is-possible-not-in-spite-of-liberal-capitalism-but-because-of-it/

        https://nyanarchist.wordpress.com/2019/01/23/scratch-a-liberal-a-fascist-bleeds-how-the-so-called-middle-class-has-enabled-oppression-for-centuries/

        • MotoAsh@lemmy.world
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          5 days ago

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      • KepBen@lemmy.world
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        2 years ago

        “We can’t have a revolution against capitalism until after we address all the symptoms of capitalism individually!”

        • Somebody deeply invested in solving problems and certainly not a beneficiary of this corrupt and broken system
        • Refurbished Refurbisher@lemmy.sdf.org
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          2 years ago

          No need to strawman; you already made a good point in the first half of your comment.

          • KepBen@lemmy.world
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            2 years ago

            No I promise whoever says that definitely fits my description of them. It’s not a strawman, it just looks like one because you assume I’m pretending to quote somebody I’m not.

            • Refurbished Refurbisher@lemmy.sdf.org
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              2 years ago

              Not necessarilly. They could very easilly be a victim of propaganda; they don’t have to be a benefactor of capitalism in order to believe in incrementalism (which keeps capitalism as the main economic force).

              Neoliberalism drilled deep into American consciousness a while ago.

            • MotoAsh@lemmy.world
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              5 days ago

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