Late Stage Capitalism

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Exposing The Honey Influencer Scam (youtu.be)

submitted 5 days ago* (last edited 5 days ago) by AlbigensianGhoul@lemmygrad.ml to c/latestagecapitalism@lemmygrad.ml

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I can't think of anything more "late stage capitalism" than one of the most central internet companies propping up a fake product to steal crumbs from affiliate links of all things.

Considering how central "creators" and entertainment are to Yankee culture, I wouldn't be surprised if this even led to a Congress hearing lol.

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[–] knfrmity@lemmygrad.ml 25 points 5 days ago

It's not even crumbs. Affiliate commissions can be a few tens of percents of the transaction value. No wonder PayPal paid $4B for Honey.

But given how central PayPal and its rotating cast of characters are to the US government, it's likely that nothing will happen.