The Global Conseq Of The Tech-Lash Will Be Severe - interesting article by @MrMaitra . My question- is this “tech lash” making a strong case for state owned big businesses, i.e. socialism.Who do u want to be the most powerful-elected or unelected?+ thefederalist.com/2021/01/11/the…
Crystal clear now that in US, the temple of capitalism if you will, the supreme power is wielded by a group (aka cartel) of major Corporates, not the elected state. These Corporates can decide who can do business (eg, Parler can’t), who can speak. All are unelected+
Is the inevitable consequence of uncontrolled market, the free market, that a group of Corporates will become more powerful than the state. They would even decide who can sue since they control lawyers, again, Parler example.
Corporates are obviously not elected. No, you can’t throw them out through competition in open market because well - ask Parler. But you can throw out an elected Govt. Extremely popular leaders have been humbled before - Indira Gandhi for example.
Follows that if we want an elected Govt to wield power, we need state controlled enterprises. In other words, socialism is the life line for democracy. Democratic socialism and US style First Amendment are perhaps ideal operating and living conditions
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