cross-posted from: https://lemmy.world/post/6320210

Report: Amazon made $1B with secret algorithm for spiking prices Internet-wide::Report reveals details about Amazon’s secret algorithm redacted in FTC complaint.

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5 points
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Capitalism trends towards monopolization and capitalism runs the country

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3 points

Corruption and weak morals can ruin any system.

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5 points

The system is working exactly as its core mechanisms demand and in line with what good (corporate) behavior requires. It does so openly.

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1 point

The current implementation has its flaws but that’s due to unchecked concentration of power, as you stated earlier. The core mechanism of exchange of goods among individuals is just fine.

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