Netflix is starting to raise prices in some countries as growth spurred by its crackdown on password sharing starts to fade.
The film and TV streaming giant said it had already lifted subscription fees in Japan and parts of Europe as well as the Middle East and Africa over the last month.
Changes in Italy and Spain are now being rolled-out.
In its latest results, Netflix announced that it had added 5.1 million subscribers between July and September - ahead of forecasts but the smallest gain in more than a year.
Modern industrial economies are really complicated. I like trains. To make trains, you need parts, labour, equipment and power. They themselves need to be made, which uses parts, labour, equipment and power, and meanwhile you have competing uses of all those things for making, I dunno, printing presses, or for completely different things like farming or art curating. If you drew it all out as a diagram it would get super interconnected super fast.
Meanwhile, even a simple binary choice like which of two lots a rehab center should go on can be very politically complicated. Anarchists like to handwave it away with “we’ll figure it out together”, and I really don’t find that convincing.
Markets offer a system that’s proven to work insofar as if you need to buy a train or a hair clip or lunch someone’s always selling it. How do you guarantee that, or something similar?