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> lose a few ad dollars to make positive change Don't think there is a single company during the entire reign of capitalism that this has happened. Additional
by screye 6y ago
> lose a few ad dollars to make positive change
Don't think there is a single company during the entire reign of capitalism that this has happened.
Additionally, Reddit is owned by Advance Publications which is pretty much entirely the Newhouse billionaire family. Don't think we've every seen such as a thing as a compassionate old school billionaire. Their other major holding Condenast, is presently embroiled in accusations of racism/discrimination despite portraying themselves as 'allies'.
By hiring Michael Seibel they do exactly what a profit driven company would do. Hire an incredibly competent person who espouses the same values (cut throat Silicon Valley ideology), has been molded by the same kind of people (Ivy league education), and serves as a great "UNO reverse' card for any accusation of the company unilaterally chasing money over ethics.
If an activist was hired, they would steer the company into a direction that matches their lip service and not actual intentions.
and I don't mean to say it is an evil thing to do or something. It is entirely in line with what almost every other company does. It is a perfectly capitalistic thing to do and will change nothing. As was the original intention.