The video game industry has reacted with shock and anger after Xbox shut down several game studios today, May 7, 2024 including Arkane Austin and Tango Gameworks, the developers of Redfall and Hi-Fi Rush respectively.
Buying something and shutting it down shouldn’t be possible. You don’t want to own it anymore? Great, they’re independent, good luck have fun. But you didn’t do anything, to say it stopped existing. It is a purely theoretical act. No factory was torn down, no warehouse was liquidated. A video game studio is just a bunch of folks who come in to work on the same thing every weekday. Games are made of labor. If the money stops flowing, that’s a problem, but it shouldn’t be a light-switch existential termination.
bAsIc eCoNoMiCs is even less meaningful than just scoffing about naivete. Which you misspelled.
I’m making a normative statement about how this studio - which successfully made a beloved and profitable game, as a product that over a million people paid for - was still treated like it failed, lost money, and ruined everything. And that statement is, if success isn’t good enough, that’s fucking bullshit.
And the thorn that puts in your side is… that it’s not capitalist enough? My guy, do you think the children’s introductory textbook version of supply and demand has a footnote about destroying successful companies for shits and giggles? Or maybe you only spit that libertarian shibboleth at anything besides line-go-up. In just two words, you’ve assured that I don’t know and I don’t care.
Buying something and shutting it down shouldn’t be possible. You don’t want to own it anymore? Great, they’re independent, good luck have fun. But you didn’t do anything, to say it stopped existing. It is a purely theoretical act. No factory was torn down, no warehouse was liquidated. A video game studio is just a bunch of folks who come in to work on the same thing every weekday. Games are made of labor. If the money stops flowing, that’s a problem, but it shouldn’t be a light-switch existential termination.
That’s an amazing amount of naivety on display.
This sort of empty shit comment is worse than telling anyone to go fuck themselves.
In that case go fuck yourself and learn some basic economics before you open your hole again.
bAsIc eCoNoMiCs is even less meaningful than just scoffing about naivete. Which you misspelled.
I’m making a normative statement about how this studio - which successfully made a beloved and profitable game, as a product that over a million people paid for - was still treated like it failed, lost money, and ruined everything. And that statement is, if success isn’t good enough, that’s fucking bullshit.
And the thorn that puts in your side is… that it’s not capitalist enough? My guy, do you think the children’s introductory textbook version of supply and demand has a footnote about destroying successful companies for shits and giggles? Or maybe you only spit that libertarian shibboleth at anything besides line-go-up. In just two words, you’ve assured that I don’t know and I don’t care.
If a misspelled word is your opening argument the rest of your pointless essay isn’t worth reading. Go back to school.
It wasn’t, but cling to whatever shields your ego.
And consider your own advice - “basic” doesn’t mean “fundamental.” It means “for children.” Try advanced economics.