The usual solution from libertarian techies is to remove what little power democratic governments have and let big business be unchecked other than some “invisible hand” from a collection of individual actors who can’t scale due to psychological warfare that big companies can easily scale to.
We are now at a point that billionaires openly make unilateral decisions about foreign and defence policy with little discussion in public eyes, let alone checks and balances.
Unfortunately it's a Catch 22, because the most influential billionaires have direct ties to Establishment politicians, supporting and manipulating them freely to their liking, including brazen election interference, in which the same Establishment players all admitted to existing not long ago, while judges and district attorneys in their respective states have also been bought out by these same billionaires in an effort to squash these claims when raised by anti-Establishment players.
We need anti-Establishment players who are already willing to confront these billionaires by cutting off their influence completely, rather than taxing them more — which is useless, and conveniently replaces their contributions with tax dollars that can be used for the same manipulation strategies.
The bad news is, any criticism of these particular billionaires results in synthesized media campaigns crying wolf about anti-Semitism or anti-science, which causes the public to become distracted over manufactured culture wars, while the root issues go unchecked and the politicians willing to confront these billionaires are smeared, drawn, and quartered by the same media and voters who wouldn't dare to think outside their box.
Billionaires in the USA are completely and totally beholden to the military-industrial complex, for the most part. Look how they all scrambled for JEDI, for example.
The US military alone spends the entire net worth of the richest private person in 17 weeks, wealth it took him 30-ish years to accumulate; that's not counting the rest of government spending. There's an argument that any senator is "richer" than the richest private person in the country. It's not even the same ballpark.
Also there is geopolitics involved.
A war in the east and every EU regulation against US companies is seen a bit as an attack on the alliance while "we" must stand together against the east.
Also IE was the dominant browser back then, which it is not today, but windows itself is on the desktop. So I think it is abusing monopoly, but instead of trying to regulate it, EU should make a push for open source. Maybe fund it with a big fine for Microsoft. That would be EU politics I could engage with.
midasuni|2 years ago
We are now at a point that billionaires openly make unilateral decisions about foreign and defence policy with little discussion in public eyes, let alone checks and balances.
docmars|2 years ago
We need anti-Establishment players who are already willing to confront these billionaires by cutting off their influence completely, rather than taxing them more — which is useless, and conveniently replaces their contributions with tax dollars that can be used for the same manipulation strategies.
The bad news is, any criticism of these particular billionaires results in synthesized media campaigns crying wolf about anti-Semitism or anti-science, which causes the public to become distracted over manufactured culture wars, while the root issues go unchecked and the politicians willing to confront these billionaires are smeared, drawn, and quartered by the same media and voters who wouldn't dare to think outside their box.
sneak|2 years ago
Billionaires in the USA are completely and totally beholden to the military-industrial complex, for the most part. Look how they all scrambled for JEDI, for example.
The US military alone spends the entire net worth of the richest private person in 17 weeks, wealth it took him 30-ish years to accumulate; that's not counting the rest of government spending. There's an argument that any senator is "richer" than the richest private person in the country. It's not even the same ballpark.
Did you have specific instances in mind?
hutzlibu|2 years ago
Also IE was the dominant browser back then, which it is not today, but windows itself is on the desktop. So I think it is abusing monopoly, but instead of trying to regulate it, EU should make a push for open source. Maybe fund it with a big fine for Microsoft. That would be EU politics I could engage with.