What a bizarre set of beliefs and claims. 1. That Facebook is maliciously and mostly singlehandedly responsible for the death of the newspaper and journalism. Except newspaper readership has been on the decline since the 90's. https://www.pewresearch.org/fact-tank/2017/06/01/circulation... - the article frames Facebook's grand plan as taking money from newspapers, but Facebook's revenues in 2019 were nearly twice wha…
2. Gross inequity is axiomatically anti-democratic.
3. The sole flaw in Stoller's anti-monopolistic advice, eg break up the titans, is that half-measures are insufficient.
Critics are not advocating either pro-competition or pro-consumer policies.
a. Prohibit all conflicts of interest, self-dealing. "Chinese walls" between business units are insufficient.
b. Prohibit aggregators from competing with their clients.
c. Normalize the rule of law, allowing plantiffs to appeal to a fair and impartial judiciary to resolve dispute and grievances.
d. Regulatory oversight and enforcement, with real teeth. Impose mandatory punishments onerous enough to alarm activist investors.