Late stage capitalism. Relentless pursuit of higher quarterly profits and earnings that fuel CEO bonuses and shareholder dividends. All at the expense of the people people who actually create the value. Also. That first line ain’t paying for college loans.
Of course it is necessary to exploit workers while some of us are still alive. If a systemic collapse leads to massive destabilization, then elites will regret any missed opportunities for having extracted greater profits.
More like End Stage Capitalism, right now. CEOs and Shareholders have seen the approaching cliff and know that we all are about to fall right off of it. Rather than change course, they have decided that they should get to a point where falling off the cliff will deal them no damage. This means exploiting workers to the hilt to the point where they will be able to escape the consequences of their actions.
What if we applied an enshittification quotient (EQ). Something like this:
The EQ represents the degree or intensity of enshittification at a particular point in the process.
Efficiency Erosion (EQ1): This stage’s quotient reflects the initial decline in efficiency, measuring the deviation from an optimal state of wealth distribution and economic functionality.
Inconvenience Amplification (EQ2): The second quotient gauges the increased inconveniences experienced by the workforce, highlighting the growing disparity between effort exerted and rewards received.
Complexity Cascade (EQ3): The complexity quotient measures the intricate mechanisms contributing to wealth concentration, signaling the level of convolution in the economic system.
Frustration Escalation (EQ4): This quotient represents the heightened frustration among workers, reflecting the emotional and psychological toll of perceived economic injustice.
Longing for Simplicity (EQ5): The final quotient captures the collective yearning for a simpler and fairer economic system, indicating the depth of societal desire for a more equitable and user-friendly economic structure.
Late stage capitalism. Relentless pursuit of higher quarterly profits and earnings that fuel CEO bonuses and shareholder dividends. All at the expense of the people people who actually create the value. Also. That first line ain’t paying for college loans.
Of course it is necessary to exploit workers while some of us are still alive. If a systemic collapse leads to massive destabilization, then elites will regret any missed opportunities for having extracted greater profits.
More like End Stage Capitalism, right now. CEOs and Shareholders have seen the approaching cliff and know that we all are about to fall right off of it. Rather than change course, they have decided that they should get to a point where falling off the cliff will deal them no damage. This means exploiting workers to the hilt to the point where they will be able to escape the consequences of their actions.
I’m not sure if it second or third stage of enshittification.
What if we applied an enshittification quotient (EQ). Something like this:
The EQ represents the degree or intensity of enshittification at a particular point in the process. Efficiency Erosion (EQ1): This stage’s quotient reflects the initial decline in efficiency, measuring the deviation from an optimal state of wealth distribution and economic functionality. Inconvenience Amplification (EQ2): The second quotient gauges the increased inconveniences experienced by the workforce, highlighting the growing disparity between effort exerted and rewards received. Complexity Cascade (EQ3): The complexity quotient measures the intricate mechanisms contributing to wealth concentration, signaling the level of convolution in the economic system. Frustration Escalation (EQ4): This quotient represents the heightened frustration among workers, reflecting the emotional and psychological toll of perceived economic injustice. Longing for Simplicity (EQ5): The final quotient captures the collective yearning for a simpler and fairer economic system, indicating the depth of societal desire for a more equitable and user-friendly economic structure.