No. It's not the subscriptions or lattes. Those are markets that have real competition.
It's the sectors of the economy that have become consolidated. Food, insurance, banking, healthcare. There is very little competition in those markets and prices are artificially high because huge conglomerates manage to siphon off a larger and larger stake, while preventing small players from offering an alternative either through market power or regulation.
Unlike subscriptions, it does not show up on your credit or debit card statement because the price of everything just goes up by a little percentage here and there.
By that logic I suppose Rent or Mortgage is also a subsciption. But not many people can "just buy a house", so I don't know what action you are suggesting.
It's the sectors of the economy that have become consolidated. Food, insurance, banking, healthcare. There is very little competition in those markets and prices are artificially high because huge conglomerates manage to siphon off a larger and larger stake, while preventing small players from offering an alternative either through market power or regulation.
Unlike subscriptions, it does not show up on your credit or debit card statement because the price of everything just goes up by a little percentage here and there.