Hacker News new | ask | show | jobs
by cptskippy 1462 days ago
> I fully agree that this is just one of the many battles in a long war by the elite to erase private ownership completely. People call it a conspiracy theory but the trend is very clear to see, and has been accelerating for the past few decades.

I think the conspiracy theory is imagining a bunch of wealthy elites sitting around in a dark room Illuminati style discussing how they can turn everyone into serfs renting everything from them.

The reality is that our capitalist economy is very short sighted and wants quarterly profits and returns. Subscriptions provide predictable and constant income, you can tweak the later both by raising prices or increasing subscribers.