Criticisms of Capitalism — and Its Digital Children, the #dotcons

Capitalism, especially in its late-stage #neoliberal form, has always had significant structural problems. In recent decades, these problems have been amplified and globalized through digital platforms, what we call the #dotcons. These companies are not a break from capitalism, they are its most refined, efficient, and extractive version to date.

1. Income Inequality

Traditional critique: Capitalism concentrates wealth in the hands of those who own capital (factories, land, assets), while workers receive only a small slice in wages.

#Dotcons example: Big Tech CEOs and early investors have become some of the richest people in human history – Elon Musk, Jeff Bezos, Mark Zuckerberg – while gig workers and content creators struggle to survive.

Amazon workers are notoriously underpaid and overworked, with high injury rates in warehouses. Meanwhile, Bezos took a vanity trip to space.

Uber/Lyft drivers bear the cost of vehicles and insurance, receive no job security, and can be "deactivated" (fired) algorithmically with no recourse.

2. Exploitation

Traditional critique: The wage labour system is inherently exploitative, profits come from paying workers less than the value they produce.

#Dotcons example: Digital platforms exploit user-generated content while paying creators next to nothing.

YouTube demonetizes videos arbitrarily. Creators build platforms that YouTube controls and profits from.

Facebook/Meta builds its empire off unpaid emotional labour — your social life, your attention, your photos — monetized through surveillance and advertising.

TikTok algorithms suck in youth creativity, reward a few, and discard the rest. The work is free, the profit is centralised.

We’ve all become digital piece-workers, feeding the machine with likes, posts, and swipes, and we’re not even getting wages anymore.

3. Environmental Degradation

Traditional critique: Capitalism’s drive for infinite growth in a finite world results in ecosystem destruction.

#Dotcons example: The cloud isn’t light and airy, it’s made of data centres that consume vast amounts of energy and water.

Bitcoin mining (driven by capitalist speculation) consumes more electricity annually than Argentina.

AI training for LLMs (like ChatGPT) has a massive carbon footprint, often hidden behind “green” branding.

Amazon delivery and consumption cycles have increased packaging waste and pushed unsustainable shipping logistics into overdrive.

Digital capitalism gives us the illusion of “clean” convenience, but its ecological impact is profound and accelerating.

4. Short-Term Thinking

Traditional critique: Shareholder capitalism focuses on quarterly profits, not long-term well-being.

#Dotcons example: The platforms build attention economies, short-term dopamine hits over sustained engagement, destroying social discourse and democratic culture.

Twitter/X encourages outrage over insight. Algorithmic virality means trolls win.

Facebook actively promoted divisive content because it increased “engagement.”

Startups "move fast and break things" without repairing the damage. Few are held accountable.

Product design is driven by venture capital exits, not by usefulness or ethics. Tech isn’t solving problems; it’s creating new ones, faster.

5. Lack of Access to Essential Goods and Services

Traditional critique: In capitalism, basic needs like healthcare, housing, and education are commodified, your access depends on your income.

#Dotcons example: Digital access is the new essential, but it’s increasingly paywalled and monopolized.

Google Classroom became a default education tool during COVID — but it’s ad-funded, tracks users, and lacks transparency.

Zoom and other platforms required for remote work/schooling are corporate-run silos, with data surveillance baked in.

People in the Global South are increasingly pushed into “zero-rated” Facebook and WhatsApp ecosystems — giving up digital autonomy for basic access.

The digital divide isn’t just about cables or bandwidth, it’s about who owns and controls the networks we rely on.

From Capitalism to #Dotcons to #Deathcult, the digital platforms didn’t disrupt capitalism. They turbocharged it. What we’re witnessing now isn’t just Big Tech behaving badly, it’s the logical endpoint of capitalism in a networked world. The #dotcons replicate and intensify the worst features of capitalism:

More control with less accountability

More labour with less compensation

More growth with more destruction

They’re efficient machines of extraction, cloaked in the language of innovation and empowerment.

What’s the Alternative? We need to stop asking how to “fix” the #dotcons and start building outside of them. That means:

Supporting the #fediverse and #ActivityPub as protocols of freedom and decentralization

Backing grassroots media and alternative tech through projects like the #OMN (Open Media Network)

Embracing the #4opens

Fighting back against #mainstreaming capture by NGOs and foundations that reproduce power hierarchies

Prioritizing trust over control, cooperation over extraction, and commons over private platforms

We need to name the problem for what it is: Capitalism – digital or otherwise – is incompatible with the future of people and planet. It’s past time to compost it and grow something better. As a first step, let’s build tech that reflects our values, not just our fears #KISS