4 ms·
Unfortunately governments plan in 5 year cycles, companies plans of Amazon scale are typically longer than that. I fear we will, and in some ways already have,
by newsgremlin 7y ago
Unfortunately governments plan in 5 year cycles, companies plans of Amazon scale are typically longer than that. I fear we will, and in some ways already have, reached a point where corporation actions influence government decision through public perception. PR is corporate propaganda, although it's currently inconsequential save for consumers being ripped off, in a democracy if you can convince your company is doing good and politicians are bad, then the role of government in regulating those companies is subject to people whose careers are being decided by the electorate that believe the words of a private entity more than a public one. Suddenly reform is off the cards.
In more recent events people keep saying these huge companies need to pay their fair share of taxes, yet politicians have made no headway with closing the mechanisms that allow them to avoid it, and if people lose their jobs because companies are suddenly forced to pay taxes they would have otherwise look to avoid paying, then the government will most likely be given the blame.