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1. Embed this notice
   Deniz Opal (selzero@syzito.xyz)'s status on Monday, 13-Nov-2023 08:35:31 JST Deniz Opal

   Hey guys, how is capitalism going? It's going great! Thanks to profit motive based innovation and hard work, the ransomware industry has grown to a $250 Billion(!) industry, with "Ransomware As A Service" (RaaS) now being a very real business service offered by actual companies and resulting in probably multiple times more in costs in down time, and other costs.

   Where do we get this incredible boost to productivity and efficiency from?

   It's as if by an invisible hand!

   https://www.crowdstrike.com/cybersecurity-101/ransomware/ransomware-as-a-service-raas/

   • GreenSkyOverMe (Monika) repeated this.
   • Embed this notice
     iAmAnEngarneer (engarneering@floss.social)'s status on Monday, 13-Nov-2023 18:10:22 JST iAmAnEngarneer

     in reply to

     @selzero I hate that an increasing amount of my income is protecting our clients from this stuff and it's taking 3x as long to do anything for all the 2fa and codes and extra steps involved.

   • Embed this notice
     John Refior (jrefior@hachyderm.io)'s status on Wednesday, 15-Nov-2023 04:54:19 JST John Refior

     in reply to

     @selzero
     Ok. More expansive definition of capitalism than most I've seen (especially by including criminal activity).

     Gets harder for me to think of places/times/things that haven't been dominated by capitalism, by that definition. Are there any you like to point to?

     E.g. in Communist Russia, much of the economy ran on the black market, so maybe that was capitalism by your definition too?

   • Embed this notice
     Deniz Opal (selzero@syzito.xyz)'s status on Wednesday, 15-Nov-2023 04:54:20 JST Deniz Opal

     in reply to

     • John Refior

     @jrefior

     Nothing you mention is outside of the paradigms of:
     Profit motive.
     Innovation driven by profit motive.
     Labour resources being justified by profit.
     Aggressive behavior being justified by profit.

     Doesn't matter who is doing it or which country they are in.

     The profit motive is driving economic resource allocation!

     Yay capitalism!

     clacke likes this.
   • Embed this notice
     John Refior (jrefior@hachyderm.io)'s status on Wednesday, 15-Nov-2023 04:54:21 JST John Refior

     in reply to

     Not sure how much rogue states (Russia), criminals (in Russia), and cryptocurrency (implied money laundering and currency for criminal activity, so kinda back to criminals) have to do with capitalism, but they sure do suck