Corporate America can't easily screw people over because the customer can simply not buy from them. Don't want to pay for Netflix's increases, then simply don't. Granted, you won't get their service, but that's how it's supposed to work, isn't it?
Capitalism at its finest.
The price increase wouldn't have been received so badly if Netflix had announced something, ANYTHING other than "hey, we're raising prices to give you the same thing you have now and if you don't like it, here's the link to cancel".
I do agree with this, though. Price changes happen, but they could have handled it better.