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0 pointsaeternum5y ago0 comments

Billionaires can be held more accountable than government because they must continually compete for people's dollars.

Movements like the Chick-Fil-A boycott and #deletefacebook do hurt companies and billionaires and can force a change in behavior quickly. There's no feedback loop like that with the CCP, and the US gives citizens more power but having to wait 4 years to vote on a change is a very slow feedback loop.

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throw_m2393395y ago

> Billionaires can be held more accountable than government because they must continually compete for people's dollars.

I don't know what to answer that except that it's the quickest way to get a fascist regime that doesn't even try to hide it's fascist. Monopolies don't need to compete with people's dollars.

> Movements like the Chick-Fil-A boycott and #deletefacebook do hurt companies

None of these movements really hurt these respective companies.

aeternumOP5y ago

We can and should break up monopolies, or structure taxes and regulations to be unfavorable to monopolies. Current government policies favor large corporations due to both tax incentives and regulatory capture.

Chick-Fil-A stopped donating to anti-LGBTQ groups. #deletefacebook did work but most users just switched to instagram so it had a minimal effect on revenue.

throw_m2393395y ago

> We can and should break up monopolies, or structure taxes and regulations to be unfavorable to monopolies. Current government policies favor large corporations due to both tax incentives and regulatory capture.

And putting unelected billionaires in charge is going to do exactly that? No.

> #deletefacebook did work but most users just switched to instagram so it had a minimal effect on revenue

No it didn't. Neither case the bottom line of both companies was impacted in any meaningful way.

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0 pointsaeternum5y ago0 comments

Billionaires can be held more accountable than government because they must continually compete for people's dollars.

0 comments

throw_m2393395y ago

> Billionaires can be held more accountable than government because they must continually compete for people's dollars.

I don't know what to answer that except that it's the quickest way to get a fascist regime that doesn't even try to hide it's fascist. Monopolies don't need to compete with people's dollars.

> Movements like the Chick-Fil-A boycott and #deletefacebook do hurt companies

None of these movements really hurt these respective companies.

aeternumOP5y ago

Chick-Fil-A stopped donating to anti-LGBTQ groups. #deletefacebook did work but most users just switched to instagram so it had a minimal effect on revenue.

throw_m2393395y ago

And putting unelected billionaires in charge is going to do exactly that? No.

> #deletefacebook did work but most users just switched to instagram so it had a minimal effect on revenue

No it didn't. Neither case the bottom line of both companies was impacted in any meaningful way.

1 more reply

j / k navigate · click thread line to collapse