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by malermeister 876 days ago
You're right. In reality it is not Apple I loathe, but the capitalist system of which it is an outgrowth.
1 comments

I don't think capitalism is inherently bad, but the system we have is bad. Adam Smith wrote a lot about this, in particular he loathed landlords and entities that suck value out of the system while offering little in return. Apple is a weird case, because arguably they do create a lot of value, but currently we have a problem where that value isn't returned to the broader society, instead it goes into the hands of a small minority of people and groups.

Asymmetries need to be balanced, such as the balance between labour and capital. Unions help labour, but thanks to a decades-long propaganda campaign against unions, we no longer have that push back against capital.

Personally I think the problem will only get worse, so I'd suggest buying the S&P 500 with as much cheap leverage as you can afford.

So app developers and other creators on Apple's platform earn nothing? Odd that they continue to work there, then.