this post was submitted on 22 Jul 2023
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What improvement in service does the hike reflect?
$10 in 2011 would be $13.56 today.
Source: https://www.in2013dollars.com/us/inflation/2011?amount=10
Per the article, the service hasn't changed in price in 12 years, while the platform has certainly received a decent number of updates, new features, new artists, etc.
If it isn't worth $11/month to you, don't pay it? But it doesn't seem right to insinuate that they're doing something outrageous by raising prices once in 12 years?
This is the same group of people who will rampantly upvote graphs showing how wages haven't followed inflation, but when it's the other side of the coin can't seem to grasp it.
Yep, there's a large contingent who simultaneously believe that corporations shouldn't be allowed to exist and also that they should be provided everything in life for free, as compensation for existing.
I'm not saying that nothing should be done to rein in corporate profits, as those are also out of control, but economic forces cut both ways and it feels disingenuous to suggest otherwise.
Probably the same assholes that think Netflix no longer allowing password sharing is an overreach.
I honestly can't be mad about it. I know quite a few corporations likely used the guise of inflation to profiteer, but significant inflation did still happen. A $1 increase in this economic situation, with having never raised the price before, is reasonable. The inflation comment suggests $12 or even $13 could be reasonable. The gains made over the years in workers pay is really small compared to inflation, but I think it's actually on par with this.