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An old, overlong bit of socialist propaganda that has little place on a site dedicated to entrepreneurialism.

kiba 16y ago
As a supporter of capitalism, I was taken in by the socialist propaganda. My interpretation is rather different. I thought the corporations are creature of politics and political institutions, rather than a product of free markets. The state make a bunch of laws that influence the size and nature of corporations, determine what they cannot do and often what they can do, and so on. The state would then give favors and listen to what corporations wanted the law to be, and so on. Politics is the partitioning of a cake without expanding the cake. Indeed, in some case, the cake probably become smaller. Interests are easily given into thinking short term, not the general long term prosperity. They rather not work so hard amongst their competitors to get what they want. Ease of life with no competitors to contend with on the market lead to less innovation, laziness, and blindness. We see that the record labels are lazy and blind, and less keen on innovations. This of course make them vulnerable to adversaries and emerging competitors. No matter how intensive their lobbying is, they are targeting consumers, not competitors. Unless their behaviors change, it will only be a matter of time before they are out-competed.
- kiba 16y ago
  Wait, why am I being downvoted? I was only offering my interpretation of the film means.
  - deleted 16y ago
    [deleted]
- joelmichael 16y ago
  This tacky, sensationalist film, reminiscent of YouTube conspiracy videos, encourages public ownership as the solution. People on this site should be starting corporations, not demonizing them with rhetoric more appropriate for a college dorm room. We have Reddit for that.
  - borism 16y ago
    Considering that some start-up founder here might end up as CEO of some bigcorp like ones portrayed in the movie I don't think it's totally out of place on HN.

kiba 16y ago

As a supporter of capitalism, I was taken in by the socialist propaganda. My interpretation is rather different. I thought the corporations are creature of politics and political institutions, rather than a product of free markets. The state make a bunch of laws that influence the size and nature of corporations, determine what they cannot do and often what they can do, and so on. The state would then give favors and listen to what corporations wanted the law to be, and so on. Politics is the partitioning of a cake without expanding the cake. Indeed, in some case, the cake probably become smaller. Interests are easily given into thinking short term, not the general long term prosperity. They rather not work so hard amongst their competitors to get what they want. Ease of life with no competitors to contend with on the market lead to less innovation, laziness, and blindness. We see that the record labels are lazy and blind, and less keen on innovations. This of course make them vulnerable to adversaries and emerging competitors. No matter how intensive their lobbying is, they are targeting consumers, not competitors. Unless their behaviors change, it will only be a matter of time before they are out-competed.

kiba 16y ago
Wait, why am I being downvoted? I was only offering my interpretation of the film means.
- deleted 16y ago
  [deleted]
joelmichael 16y ago
This tacky, sensationalist film, reminiscent of YouTube conspiracy videos, encourages public ownership as the solution. People on this site should be starting corporations, not demonizing them with rhetoric more appropriate for a college dorm room. We have Reddit for that.
- borism 16y ago
  Considering that some start-up founder here might end up as CEO of some bigcorp like ones portrayed in the movie I don't think it's totally out of place on HN.