Capitalist efficiency and tech

People say capitalism is efficient, yet Twitter has around 5,OOO employees while Mastodon was built pretty much single handedly by Eugene Rochko. Today, Mastodon provides a strictly superior user experience with only a handful of contributors.


@resynth1943 Then one of two statements is true: either capitalism does not imply efficiency, or what we have known for some decades is not capitlism but finance-centered information-empowered neoliberalism instead.

I would say the latter is not about market efficiency, and neither is immoderate wealth about capital at all.

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