Fair-code is not a software license. It describes a software model where software:
- is generally free to use and can be distributed by anybody
- has its source code openly available
- can be extended by anybody in public and private communities
- is commercially restricted by its authors
You’re upset that a community called “open source” is pushing back against an attempt to co-opt the open source label? In my view this attempt is highly insidious and far worse than one corporate actor “stealing” (i.e. using) an open source project. These projects were all true free software before pulling the rug on the community and switching to a fauxpen source license, which makes it even worse - if these were proprietary from the beginning no one would have cared, but also fewer people would have contributed, because it doesn’t feel as good doing volunteer work for a proprietary product.
I agree there needs to be a mechanism in place for free software developers to be financially compensated but if you’re changing the license so that it’s no longer free software then it’s just proprietary software under some faux “open” label, at which point you might just drop the pretense of being “open” at all - just admit you’re a proprietary software company that puts your financial interest ahead of the community’s.