this post was submitted on 21 Dec 2025
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Don't forget the extra charges and price increases along the way which fund the tech billionaires who own these apps.
Previously we had Capitalism (and that already wasn't great). Where a buyer and a seller met and then freely determined the price transaction.
Now via many of these market place apps (ebay, Amazon, AliExpress) we have markets where a third party (the platforms owner) can algorithmically control who sees what prices, and when, acting as a means to promote whatever prices benefit the platforms profitability the most.
That's why the VC tech guru "disruptors" business model is often to run at a massive loss for years then basically owning a whole market.
This new system is called Techno-Feudalism.