89
you are viewing a single comment's thread
view the rest of the comments
[-] DandomRude@lemmy.world 10 points 1 day ago* (last edited 1 day ago)

Yes, this is the result of neo-capitalist policies; Deutsche Bahn has been partially privatized, which—as is always the case with this logic—means that profits flow into the pockets of billionaires while losses are borne by the general public. That is why, for example, Germany’s internet infrastructure is at the level of a Third World country, even though Telekom generates enormous revenue.

It’s the result of U.S.-style exploitative capitalism, from which we cannot break free because—just as in the U.S.—it has corrupted all the levers of power—but hey, that’s why Germany has so many billionaires compared to other countries.

Edit: That, by the way, is also why the AfD is so strong in Germany. It’s a carbon copy of MAGA and owes its popularity to the same billionaires. This party is anything but an “alternative,” as its name might lead misinformed people to believe: It embodies everything Trump stands for—corruption and unscrupulousness—and that’s putting it quite mildly.

Educate yourselves, read their party platform, and let people know what it stands for. If you don’t want an oligarchy, that’s your civic duty!

[-] Damage@feddit.it 1 points 19 hours ago

Here in Italy internet infrastructure and supply is 100% privatised and I have 2.5gpbs internet at home. I hate privatisation as much as the next lemmy user but that doesn't seem to be the crux of the problem

[-] Aatube@piefed.social 1 points 1 day ago
[-] kugel7c@feddit.org 2 points 16 hours ago

It was at one point the phone company arm of deutsche post (the German post office) of which both Telekom and DHL were spun out to be privatised. Both kind of natural monoplies turned private companies which were able to fund large expansions into foreign markets essentially on the backs of German taxpayers and later users of their respective services in their home market.

Holy am I glad that I live in a place where there is a non Telekom ISP well established. Telekom in Germany is a service and troubleshooting hell like you wouldn't belive if you haven't had the pleasure of dealing with them.

this post was submitted on 07 Aug 2026
89 points (100.0% liked)

Not The Onion

22171 readers
166 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

  1. Links to news stories from...
  2. ...credible sources, with...
  3. ...their original headlines, that...
  4. ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Please also avoid duplicates.

Comments and post content must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, ableist, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 3 years ago
MODERATORS