The Subscription Economy

Here’s a sobering piece I found on Medium.com:

For years, banks and ultra-elites (bankrolled by years of money-printing, corporate socialism, and bailouts) have been using their wealth to take control of the world and rent it back to us.

Apple did it with music.
Netflix did it with movies.
Nestle did it with water.
Uber did it with cars.
Airbnb hosts and landlords did it with houses.
The lecherous gig economy did it with employment.

Instead of buying and owning products, now we’re all just renting “services.”

After all, why should people like you and me build equity when a multinational corporation can build equity instead?

Read the whole piece, which emphasizes housing, here.

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