Earlier quoted context omitted.
We can and should break up monopolies, or structure taxes and regulations to be unfavorable to monopolies. Current government policies favor large corporations due to both tax incentives and regulatory capture. Chick-Fil-A stopped donating to anti-LGBTQ groups. #deletefacebook did work but most users just switched to instagram so it had a minimal effect on revenue.
> We can and should break up monopolies, or structure taxes and regulations to be unfavorable to monopolies. Current government policies favor large corporations due to both tax incentives and regulatory capture. And putting unelected billionaires in charge is going to do exactly that? No. > #deletefacebook did work but most users just switched to instagram so it had a minimal effect on revenue No it didn't. Neither…
It's important to have external checks to political power. It's pretty amazing that private companies (Twitter, FB, Stripe) were able to stand up to and effectively limit the power of the commander of the largest military on earth. That has almost never happened without bloodshed.
The US constitution is has worked pretty well, but it's just a document. History has not been kind to those nations that have centralized power by nationalizing companies. Doesn't that get us closer to fascism?