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55. Our economy has shifted to a wealth extraction mode.

Sun May 24, 2026, 09:36 PM

Yesterday

Corporate attitudes are no longer provide useful goods and services first and get reasonably compensated second.

The goal now is to maximize profit by any means necessary.

This includes corrupting laws; milking the legal, regulatory, tax, and bankruptcy systems; making service *worse* wherever it saves money (warranty claims, refunds, cancelations, returns, etc.)

Note that the system we have as no longer "capitalism" in a true sense because there's insufficient or ineffective competition in many industries. What we have at best is "economic anarchy" where those in a position to do so get whatever they can get and there's really not much anyone can do about it.

Arguably, it's even worse with the government actively helping the upward wealth extraction.

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lostnfound Haggard Celine justhanginon

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Highlight:

"An openly hostile relationship" -- how consumers are treated by major corporations [View all] lostnfound Yesterday OP

I am currently in a hate relationship UpInArms Yesterday #1

Thank you for putting into words Susan Calvin Yesterday #2

Reading the OP I found myself thinking the same. yardwork Yesterday #9

We are... The Madcap Yesterday #21

Almost every day Cirsium Yesterday #3

True llmart Yesterday #36

I have a lot to say about this Cirsium Yesterday #53

No one should be surprised by this as major corps only care about money, not people sakabatou Yesterday #4

Local companies versus major corporations -- a pleasant experience lostnfound Yesterday #51

A large part of the blame is monopolization and deregulation - goals the (r)epugs have had for years erronis Yesterday #5

Remember when we told how good deregulation would be for consumers? dflprincess Yesterday #7

Started with Reagan llmart Yesterday #37

The Republicans popsdenver 11 hrs ago #66

That was always a transparent lie misanthrope Yesterday #54

What do we call "lip service" in 2026 Bluetus Yesterday #6

Cancellation friction--I didn't know there was a word for it! mtngirl47 Yesterday #8

Wow! Each one of those are horrible. It's almost as if they really don't want our business. erronis Yesterday #14

That's somewhat typical durablend Yesterday #22

That sounds exactly like my week has been! llmart Yesterday #39

Are you sure that Medicare pmt situation vanlassie 23 hrs ago #57

Health Insurance Companies are the worst! RainCaster Yesterday #10

Good way of saying what I have been feeling Sanity Claws Yesterday #11

Defend, delay, defer and deny. multigraincracker Yesterday #12

Bartenders at my regular bar treat me like a king, Dr. T Yesterday #13

Currently fighting my new "corporate" mountain grammy Yesterday #15

Back in the day . . . Bumbles Yesterday #16

Yes, it was nice to experience some of that positive service lostnfound 22 hrs ago #62

Stockholders Rule. Every Last Penny, I Mean, Nickel Must Be..... ColoringFool Yesterday #17

We just need to give them more tax cuts, so they can trickle it down all over us. IronLionZion Yesterday #18

I used to have Verizon as my family mobile phone provider, but switched to T-Mobile several years ago. patphil Yesterday #19

Excellent OP! gulliver Yesterday #20

Endless advertising wastes our time, too lostnfound Yesterday #33

My friend canceled Verizon for an Xfinity deal and it was a nightmare. live love laugh Yesterday #23

Telecom companies are required to let you port your number Pinback Yesterday #29

Thanks very good info. live love laugh Yesterday #31

I switched my car insurance from AAA to Acrisure. Initech Yesterday #43

I think that's because the American People are treated as customers or consumers, not clients, Uncle Joe Yesterday #24

I'd add that today, the American People are no longer even customers/consumers, but only data producers for data ancianita 10 hrs ago #67

American late stage, tech-powered hypercapitalism is the biggest wealth extraction and transfer scheme in human history. Celerity Yesterday #25

The 'customer' was never 'king'. They just made it seem that way. OldBaldy1701E Yesterday #26

Veterans don't count Puppyjive Yesterday #27

There's a whole term for this: HappyLarge Yesterday #28

It's that way because REPUBLICANS mostly have made it that way, by B.See Yesterday #30

I got an email about a class action lawsuit llmart Yesterday #40

And if you want to read about it in-depth... debsy Yesterday #32

Costco and Chewy have fantastic customer relations, in my experience. MoonlightHillFarm Yesterday #34

Costco rules! I buy from them as often as possible lostnfound Yesterday #38

I have been very happy with Costco Wifes husband Yesterday #41

I frequently go to Costco for my whole bean coffee needs. Crowman2009 Yesterday #45

I totally agree with everything you say... it's what I've been saying now for years, slightlv Yesterday #35

On my American flight home yesterday, they took out the backseat entertainment. Initech Yesterday #42

OMG that is an EXCELLENT slogan. "Treat us like humans not like walking dollar signs"!!! lostnfound Yesterday #49

Exactly! Initech Yesterday #50

Me: Yeah, but I want to pay you money! Aussie105 Yesterday #44

Many deceptions in those offers are hard to spot or quantify at first lostnfound 23 hrs ago #59

Now that we have a corrupt system of justice, it will only get worse mdbl Yesterday #46

Fuck Republic Services with the red-hot cock of Satan! hatrack Yesterday #47

The title .... 😂😂😂😂😂😂 live love laugh 21 hrs ago #63

True. Excellent post. It's a jungle out there. Joinfortmill Yesterday #48

On the other hand- Here's a wall filled with compliments from customers of my independent hardware store, posted on Yelp NBachers Yesterday #52

Nice! We need some stronger ways to identify the good ones -- lostnfound 23 hrs ago #58

Our economy has shifted to a wealth extraction mode. unblock Yesterday #55

Rumpelstiltskin! (You've named the problem quite clearly / accurately.) lostnfound Yesterday #56

It's as if Armageddon and the Final Days of Planet Earth are anticipated . . . Aussie105 23 hrs ago #61

I was thinking about issues that predate today's difficulty reaching a human... CBHagman 23 hrs ago #60

It's called "Enshitification" Hieronymus Phact 20 hrs ago #64

The truth is corporations are Glaisne 14 hrs ago #65

After fourteen years practicing medicine for publicly funded community health clinics, Aristus 10 hrs ago #68