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This is 100% correct. FB and TWTR are publicly traded companies; their executives and their board have convinced themselves in an extremely cowardly fashion tha

This is 100% correct. FB and TWTR are publicly traded companies; their executives and their board have convinced themselves in an extremely cowardly fashion that their only duty is to the shareholders. They absolutely know that the second they take this stuff seriously, they have to report both how bad it was/is, and how much traffic/revenue to their product was fraudulent at best. It’s so gross.

volkk 7y ago
it's ridiculous how blatant it all is, to the point that even in modern media (e.g tv show Succession) pokes at all the cancer this stuff produces and its one of those things most people are like "yep its happening" but there is nothing being done to stop any of it. ive stopped using facebook/twitter ages ago. that stuff is the downfall of modern society
- president 7y ago
  I think you're absolutely right. It's frightening that there are so many wrongs happening in society today yet nobody seems to be able to stop them from happening. I'm not sure what has gone wrong here but I suspect it all stems from deep-rooted corruption in our leaders and institutions.
  - 12xo 7y ago
    Its not corruption per se its perversion. Honor and integrity have been usurped by greed, money and power. As long as money = speech and corporations are considered constituents, the issue will prevail. The real solution is to outlaw campaign contributions and lobbying... But that's not going to happen as long as the foxes are guarding the hen house.
  - momokoko 7y ago
    One of the unfortunate side effects of significantly reducing the power of democratically elected governments is that while the government has less power to do damage, it also less power to correct wrongs.
    - donw 7y ago
      I think it's a pretty far stretch to say that the power of the Federal government has been "significantly reduced" in the past hundred years or so. Happy to hear a good counter-argument, though...?
    - CamperBob2 7y ago
      On the other hand, if you reduced the Federal government's power enough, it wouldn't matter who was President. The staggering amount of power we grant to the executive branch is one of several elephants in this particular room that no one really wants to talk about.
stephenmm 7y ago
The executives and board members are not delusional. According to legal precedent set by Dodge v. Ford Motor Co, a 1919 decision that held that "A business corporation is organized and carried on primarily for the profit of the stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end, and does not extend to a change in the end itself, to the reduction of profits, or to the non-distribution of profits among stockholders in order to devote them to other purposes..." from https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co. BTW, I agree with you that it is gross but thems the rules. So if we extend this logic we need to convince the corporation that it is not in there financial interest to continue with the status-quo.

volkk 7y ago

it's ridiculous how blatant it all is, to the point that even in modern media (e.g tv show Succession) pokes at all the cancer this stuff produces and its one of those things most people are like "yep its happening" but there is nothing being done to stop any of it. ive stopped using facebook/twitter ages ago. that stuff is the downfall of modern society

president 7y ago
I think you're absolutely right. It's frightening that there are so many wrongs happening in society today yet nobody seems to be able to stop them from happening. I'm not sure what has gone wrong here but I suspect it all stems from deep-rooted corruption in our leaders and institutions.
- 12xo 7y ago
  Its not corruption per se its perversion. Honor and integrity have been usurped by greed, money and power. As long as money = speech and corporations are considered constituents, the issue will prevail. The real solution is to outlaw campaign contributions and lobbying... But that's not going to happen as long as the foxes are guarding the hen house.
- momokoko 7y ago
  One of the unfortunate side effects of significantly reducing the power of democratically elected governments is that while the government has less power to do damage, it also less power to correct wrongs.
  - donw 7y ago
    I think it's a pretty far stretch to say that the power of the Federal government has been "significantly reduced" in the past hundred years or so. Happy to hear a good counter-argument, though...?
  - CamperBob2 7y ago
    On the other hand, if you reduced the Federal government's power enough, it wouldn't matter who was President. The staggering amount of power we grant to the executive branch is one of several elephants in this particular room that no one really wants to talk about.

stephenmm 7y ago

The executives and board members are not delusional. According to legal precedent set by Dodge v. Ford Motor Co, a 1919 decision that held that "A business corporation is organized and carried on primarily for the profit of the stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end, and does not extend to a change in the end itself, to the reduction of profits, or to the non-distribution of profits among stockholders in order to devote them to other purposes..." from https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co. BTW, I agree with you that it is gross but thems the rules. So if we extend this logic we need to convince the corporation that it is not in there financial interest to continue with the status-quo.