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The monopoly on first class mail point is well exercised; will also point out that turning the USPS into a public corporation with shareholders does not itself
by jonahbenton 6y ago
The monopoly on first class mail point is well exercised; will also point out that turning the USPS into a public corporation with shareholders does not itself have any impact on governance. Facebook has shareholders, and Mark Zuckerberg does exactly as he pleases with zero accountability.
- pseudalopex 6y agoFacebook has an unusual share structure that gives Zuckerberg a majority of votes.
- jonahbenton 6y agoYup. A "privatized" US Postal Service with shares sold on an exchange would offer buyers of those shares exactly as much control as Facebook shareholders have. Maybe even less!