(October 15, 2019 at 9:16 pm)AFTT47 Wrote: Her stance against "Big Tech" is most alarming to me. I can see toughening up laws to prevent stifling of competition but break up Google and Amazon!? So-called "Big Tech" is the only thing I see that we have left to give us an advantage on the world stage.
Economics is a subject I'm weak on so I would appreciate any insights anyone has on why her stance may have merit - because I'm not seeing it.
"BIG' anything creates problems globally.
She isn't out to end the private sector. But just like big tobacco lied about it's products, and just like the fossil fuel industry has lied about it's products for the past century, she doesn't want big "tech" to become so much of a global monopoly that it hurts consumers. Big Pharma created our opiate addiction.
The problem with mega corporations regardless of industry, is that there is this false utopia that only shareholders and CEOs matter and that a giant corporation can expand forever. The problem in reality is that is literally physically impossible because the planet is not an indefinite flat service where you can get bigger and bigger forever.
There still has to be for ANY business, big or small, the concept of long term management, not simply out to get bigger.
Consuming just to expand only benefits the top. Global business needs to learn how to make money and conserve and care about the labor they benefit from.
