How Airbnb accidentally screwed the US housing market and made $100 billion

Dragxito@lemmy.world to Technology@lemmy.world – 569 points –
How Airbnb accidentally screwed the US housing market and made $100 billion
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They are a company with zero morals and the goal to maximize profits. That's what capitalism is for and were it's good at.

The government needs to create rules and laws to make sure that this profit maximizing doesn't happen on the back of ordinary people, but since corporate america is allowed to control the government through money, this doesn't happen.

Capitalism is a tool, can we please start to use it like that again?!

the problem is already in the word itself.. capitalism

aka to capitalize on someone else's problems\misfortunes

Capitalism is a tool. Without it, we wouldn't have cars, smartphones and so much more.

The problem is that we started to let the tool decide what is important. And since for them profit is more important then people, we are fucked.

Is a hammer generally bad because it can crush your fingers?