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Companies shouldn't be allow to become as rich and powerful as Apple. We're supposed to live in a democratic system. Corporate power on the scale of FAANG is th
by rorykoehler 7y ago
Companies shouldn't be allow to become as rich and powerful as Apple. We're supposed to live in a democratic system. Corporate power on the scale of FAANG is the antithesis of democracy.
- have_faith 7y agoThought experiment: People willingly giving this power over to an alternative group of people (a company in this case) could be considered a democratic vote from a populace? Providing power is willingly given to them by the actions of the group.
- rorykoehler 7y agoAt best people are voting for who has the best product or service to solve their immediate needs. I don't buy Apple products (and I'm fully in the Apple ecosystem) because of Apple's great vision for how society should develop. Democracy operates on a different plane.
- C1sc0cat 7y agoSo a democratic system that ignores property rights when it suits the mob that is not actually Democratic.
- andrekandre 7y agoproperty rights of companies or individuals? democracy is about individual freedoms and rights, not necessarily those of profit-seeking entities
- C1sc0cat 7y agoAnd are not individual workers "profit-seeking entities" btw I do own Apple shares so what about my rights not to have those expropriated.
- zajio1am 7y agoCorporations are just legal conctructs to easily define rights and powers of their owners. So property rights of companies are just property rights of their owners.
- zajio1am 7y agoThe problem with Apple is not that it is big, but that it uses its power in one market segment (phones) to control other market segments (phone apps). And not just to gain dominance, but to have total market control through App Store. If anti-monopoly offices were able to force Microsoft to offer competing browsers after OS installation, then they should force Apple and Google to offer competing App Stores, each with its own app policies.