this post was submitted on 28 Jun 2023
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Technology
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Can we stop trying to coin cute terms like "enshittification"? What that term describes is just capitalism working as intended.
There is a term that describes this behavior that we've been using for at least decades (to describe behavior that has happened since the inception of capitalism): rent seeking.
"Enshittification" has quickly become commonly used after it was described here: https://doctorow.medium.com/tiktoks-enshittification-bb3f5df91979
It's a specific process that tech companies seem to go through, and differs from other things, such as rent seeking.
They are different things.