Subscriptions = Assets owned by private corporations only
There’s going to be a future generation which not have access to ownership at all. Everything they use will be subscription based. Only large private corporations will own assets.
Time has proven over and over again how a private corporation can begin to flex their power to extract the last pound of flesh from a customer.
I am beginning to feel that there almost needs to be a moral debate and long term evaluation of the subscription economy. It needs significantly more regulation that the asset selling industry needed.
A subscription economy can leave a person in a lurch the day s/he is out of a job. At least with asset ownership one had a few things one could completely rely on like music in the house, a car to drive to search for a job.
I truly dread the day when everything turns subscription only.
https://techcrunch.com/2018/03/26/bmw-and-lexus-look-to-car-subscriptions/amp/