3 ms·
FAANGM needs to be stripped off of their for-profit status, they are necessary in the current society in their large form but not as commercial entities.
by anticensor 6y ago
FAANGM needs to be stripped off of their for-profit status, they are necessary in the current society in their large form but not as commercial entities.
- NE2z2T9qi 6y agoBy what right do you have any standing to propose something so radically confiscatory and transgressive of property rights?
- anticensor 6y agoBecause public good overwhelms private property, and stakeholders will be compensated in the process. Moreover, they are an essential business, where a split would cause unnecessary expenditure, whereas making them non-profit would not. Maths win. I even coined a name for that: utilisation. I explained the process in the nutshell 2 months ago: https://news.ycombinator.com/item?id=24094535 https://news.ycombinator.com/item?id=24094535