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Cake day: January 2nd, 2024

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  • Delta_V@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    2 months ago

    The market didn’t need regulations to maintain its freeness back then because the vast majority of transactions were made with small businesses. The limited technological capabilities in transport and communication also decreased the need for government regulation by decreasing the ability of the largest concentrations of capital to succeed at implementing global anti-competitive strategies.

    To achieve the same degree of market freedom today, in the era of omni-national mega-corporations wielding monopoly influence, requires utilizing levers of power outside of the market those mega-corps dominate. The intervention of democratic governments to enforce anti-monopoly laws and prohibit other kinds of anti-competitive behavior is a necessary component of any plan to transform today’s marketplace into one that looks more similar to the market of Adam Smith’s day.


  • Delta_V@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    2 months ago

    It is though - this is what capitalism invariably becomes. Musky Twitter is a symptom of late stage capitalism. This is why so many people say capitalism is bad and doesn’t work as advertised.

    The golden age of classical liberalism, when capitalism actually worked, the 1700-1800’s, more closely resembles what we would today call market socialism.

    Once the agglomerations of capital became large enough to impose irresistible anti-competitive force, the days of capitalism’s beneficial functionality ended. They say “the freer the market the freer the people”, but an unregulated market isn’t free - it invariably trends toward monopoly and irrationally assigned concentrations of wealth and power, eg Musk, Bezos, DuPont, Sackler, etc…

    Capitalism supports, rather than resists, the anti-competitive influence of capital. A truly free market requires the intervention of powers other than capital - eg, democratic governance imposing something akin to Market Socialism against the wishes of those anti-competitive agglomerations of capital.


  • Delta_V@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    2 months ago

    fund it exclusively out of his own pocket

    That’s how newspapers got started - they were propaganda organs of the rich and existed exclusively to manipulate public opinion. Things really haven’t changed that much, but somewhere along the way people were tricked into paying for them.











  • why the hell would Mozilla be obliged to acknowledge this request?

    That’s what I’ve been scratching my head about too. What leverage does Russia have to force them to do this? What consequences could they impose for non-compliance?

    Does Mozilla own property in Russia? Sell it or write it off, then ignore the censorship request.

    Do they have employees who live or have family in Russia? Either fire them or help them move, then ignore the censorship request.

    None of the above? Perhaps it is we who need to fire Mozilla then.