This article is a useful summary of the philosophy of inevitabilism that colors elite discourse around dominant firms. It goes, 'Multinationals are too big and clever and are their own sovereign power.'
The reality is these firms are creatures of state policy.
The reality is these firms are creatures of state policy.
https://twitter.com/ianbremmer/status/1450450191920869381
If big tech firms cannot be governed because they are too powerful, then it's neither our fault nor responsibility to govern them. If they can be governed bu tit's our libertarian philosophy of governance that makes big tech firms dominant, then it's our responsibility to do so.
The Chinese government is governing their big tech firms. The U.S. is starting to do so but is hindered by legacy libertarianism. Europe is making a big show of it while failing for the same reason. @vestager and their various bureaucrats do not actually want to govern.
Regardless, @ianbremmer offers an important perspective and it is worth reading, even if I do not agree with it. foreignaffairs.com/articles/world…
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