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@ mar 🇺🇲(₿)
2025-04-29 07:25:26
Spotify is a textbook example of a modern parasitic corporation — bloated on debt, endlessly expanding, and yet perpetually unprofitable. It operates on the illusion of success, using borrowed money to grow larger, not to become better. Instead of building a sustainable model that rewards creativity and innovation, Spotify follows the typical corporate playbook: prioritize growth at all costs, chase stock valuations, and hide the fundamental truth that the business doesn't actually make money. Like so many other corporate giants of the fiat era, Spotify's entire existence is a monument to financial manipulation, not genuine value creation.
Meanwhile, the artists — the very people whose work fuels the entire platform — are treated as disposable. Spotify pays them scraps, fractions of pennies per stream, while executives and shareholders feast on the hope of future profitability that never comes. In reality, Spotify's model depends on exploiting musicians, squeezing as much content from them as possible while returning as little as legally permissible. It's a system where the ones creating the art are the last to benefit. Instead of empowering a music industry based on talent and fair compensation, Spotify has become just another machine designed to enrich corporate insiders while bleeding the culture dry.