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I keep seeing these articles..."Zuckerberg new justice reform"..."Mark Cuban new transparent drug company"..."IKEA saves 11,000 acres from development" This re
by COGlory 6y ago
I keep seeing these articles..."Zuckerberg new justice reform"..."Mark Cuban new transparent drug company"..."IKEA saves 11,000 acres from development"
This really is neo-feudalism, isn't it? We've let this small group of people and businesses accumulate all the capital and power, and now we are beholden to their benevolence to see any meaningful progress or change.
Pick you fief. Do you rely on Elon Musk for protection and security, or do you go to the barony of Zuckerberg?
This is miserable.
- knuthsat 6y agoI have no idea why people with money want to change the world.
- credit_guy 6y agoSome people like to do good. In fact, most people like to do good. Ask any kid what they want to be when they grow up and no one will say "I want to become a scary ogre". I want to do good, and most likely you want too. Zuckerberg and Musk and Cuban, apart from their money, are people like me and you. They don't wake up in the morning and think "how can I be a scary ogre today". They want to do good, and they happen to have the money to do it. Why is this miserable?
- AlexandrB 6y agoBecause the idea of "good" is can be extremely subjective and might also include things like a tougher IP regime[1], invasion of foreign countries[2], or a drug war[3]. With enough money/influence you can get both major parties to agree with your priorities effectively removing the voters' control of their own country. [1] https://www.vox.com/2015/6/10/8760199/gates-foundation-criticism https://www.vox.com/2015/6/10/8760199/gates-foundation-criti... > "The Gates Foundation has played an extremely negative role in efforts to develop replacements for strong patent rights and high drug prices," James Love, the director of Knowledge Ecology International and a critic of the foundation, writes on his blog. Or as McGoey put it: "There’s immense concern surrounding the Gates Foundation’s position on intellectual property rights, and whether this major global health player is cognizant enough to ensure property rights are fair for citizens in wealthy and poor nations." [2] https://theintercept.com/2016/11/04/koch-senate-hawks/ https://theintercept.com/2016/11/04/koch-senate-hawks/ [3] https://www.forbes.com/sites/chrisroberts/2021/01/12/the-last-drug-warrior-sheldon-adelson-was-the-final-billionaire-to-fight-marijuana-legalization-and-he-lost/?sh=6cb5c1692942 https://www.forbes.com/sites/chrisroberts/2021/01/12/the-las...
- junippor 6y agoI can't even tell if you're being sarcastic or what... Yes, a lot of people like to do good. On the other hand, we've seen from Zuckerberg specifically - not a generic random person - these power moves for as long as he's been on the radar. If you believe Zuckerberg is motivated by wanting to do good, you haven't been paying attention.
- wegwerfbenutzer 6y agoIt is miserable because they have too much wealth and too much power. If Zuckerberg cared about doing good instead of accumulating money and power he would have made a few different decision in the past.
- COGlory 6y agoIt's miserable because we are reliant on their generosity.
- thundergolfer 6y agoYou are making an argument based on the personal attitudes of individual billionaires while OP is making a structural argument. So you are not really responding to them. Further to the point, the personalities and temperaments of people is only weakly correlated with their moral quality, which is what you’re talking about when you talk about “doing good”. For example, many well meaning people who “like to do good” nonetheless participate in factory farming, which is a moral atrocity that subjects tens of billions of animals to suffering and death per year. If you don’t like the animal rights example, take the example of all the “like to do-gooders” who supported Jim Crow.
- treeman79 6y agoSome people like to do good. Some like to be told they are doing good. Subtle difference with big ramifications.
- DyslexicAtheist 6y agodefine good. what's good for me might be terrible for you.
- treeman79 6y agoSomeone’s tire is bald. You know they are broke. You arrange for a tire place to come and replace all the tires. But you leave an anonymous note. You have done good, and seek no reward. Alternate. You show up with a camera crew and surprise the person by giving them tires. Everyone glorifies you for your kindness. End result is the same. Person in need has tires. Yeah. One is a person helping others. One is helping others to help themselves to look good. Both are accomplishing good. There maybe overlap in motive. Both people giving have earned a reward. One of the earth, recognition and status. The others reward is emotional and or spiritual.
- catdawg 6y agoI think the problem here is that we moved away from Monarchies/Feudalism for a reason. If we let single people or families completely control the direction of legislation and justice systems, at some point it will go terribly wrong. Sure right now, Zuckerberg or Musk or Cuban, might be cool dudes with the right intentions and making great things, but what happens when they're gone? Who's going to take control of all that wealth and power? Democratic states aren't perfect, but at least there are fail safes against the wrong people having power at the wrong time. The people supposedly all collectively own the wealth and direction of a state, so a single person can never be that powerful. Authoritarianism or dictatorships will always feel appealing in the face of dysfunctional governments, because there is always someone who is actually good at they do, and effects real change (if you disregard all the usual xenophobia/populism/oppression). In this case, you can see people saying "government is not doing anything about this, so why shouldn't these people fix it". Power eventually corrupts, if not the person then its descendants, at some point it goes terribly wrong and itends up tearing a society apart. This has happened pretty much everywhere. Also the level of wealth some people are accumulating right now is absolutely unheard of in history. You can now "easily" have a business that reaches billions of people from your basement. If this exponential accumulation of wealth continues, government as we know it will become obsolete, and democracy will stop functioning because some people just have too much lobbying power.
- skinpop 6y agoBecause they will never do the kind of good that threatens their power and influence.
- Melting_Harps 6y ago> Why is this miserable? Because Zuck's version of 'good' includes building a platform optimized exactly for fomenting discord and hatred in order to create ad revenue and bring in eye balls and clicks. It's a part of the survielence economy and has been weaponized in countless ways, Zuck may not be the one building it any more, he has many of you do that for him. But it stands to reason that of those 3 you listed you have a very clear 'orge' in the bunch. What good has he done for Society over all exactly? Even with unfathomable wealth all he seems to be responsible for is creating a greater divide and discord amongst people and that help promote absurd conspiracies and crate time-wasting habits especially so in developing countries as his platform is what most associate with what the 'internet' as they cannot afford to browse anything else once they have access to it via FB enabled smart phones. I'm glad SpaceX had his satellite blow up on the launch pad! God only knows what horrible things would be possible had it actually made it into orbit. As for Mark Cuban, I'm on the fence but his talk and backing of Andrew Yang makes me think he isn't an ogre, but Zuckerburg certainly is, willing or not at this point.
- TheChaplain 6y agoThe issue is the definition of "good". Trump and his supporters probably believed what he did was for the good, and many of us quite strongly disagrees.
- yNbAYIwEaz 6y agoA CEO picks a cause for his philanthropy arm, a CEO starts a new company and a company invests in real estate. Whether you believe their intentions or not, its nothing really new, we just have made celebrities out of CEOs now. We have always had big corps with power and influence but now we just personify and drive the admiration/hatred to the one person heading it instead of the entire company. The more such headlines stimulate you, the more headlines you see like this because you are more likely to click on it.
- ceilingcorner 6y agoWe haven’t always had big corps because the concept of a corporation is only a few centuries old.
- seibelj 6y agoThe modern corporation appeared when the enlightenment occurred. Before then everyone was at the whim of kings. I don’t think arguing the pre-corporation world was somehow a better place has much merit.
- ceilingcorner 6y agoThat’s not really a good understanding of the European world pre-enlightenment. Kings were not Hobbesian all-powerful monarchs, nor were they the only source of power.
- bbrree66 6y agoInstead we should steal their money and let you decide?
- mtgx 6y agoIt is. And some people like to point out these exceptions as "see, billionaires CAN be good" and draw the conclusion that "it's ok to have billionaires". But if you take a step back and look at a society-level structure, it's pretty obvious that wealth inequality is a NET NEGATIVE. Smaller middle-class = unhealthy economy, and power concentration into the largest mega-corps that abuse anyone and everyone they can abuse to increase their quarterly results by another buck. That's not good for the consumer nor employees. What we should strive for is having a ton of smaller companies provide a ton of competition among each other, low prices for consumers, and a large variety of employers in the job market. Large corps are a net negative in a society. "But if Apple and Google make a ton of money, so will their employees!" Except we have PROOF that these companies made deals with each other to not compete for their own employees and keep salaries from increasing too much. It's not just me saying this. Multiple studies have shown that a stronger middle-class equals a healthier and more resilient economy. And we have proof from a century of anti-trust cases that Big Corps abuse smaller competition, consumers, and employees.
- Workaholic_87 6y ago"To those who have been given much, much is to be expected"
- comeonseriously 6y agoTax.
- bmmayer1 6y agoI hear this argument a lot, and I'm confused. What's the alternative here? The billions these people have literally wouldn't exist if it weren't for them. iPhones and social networks and electric cars don't spontaneously materialize themselves. So, if "neo feudalism" isn't your cup of tea, what would be? Actual feudalism?
- newsclues 6y agoRich people bought politicians and owned the government (along with everything else). Actual democracy would be a nice start.
- bmmayer1 6y agoAgreed, but sounds like the issue is the politicians and the government, not rich people.
- dualthro 6y agoWell all these 'neo-feudalists' don't seem to be waging lobbying campaigns to get the money out of politics, right? That would be paying to reduce their own power.
- Melting_Harps 6y ago> Agreed, but sounds like the issue is the politicians and the government, not rich people. Are we going to pretend that a nation-state's intelligence agency(ies) aren't some of FB's biggest clients? Are you not aware how the 5-Eyes program works at all? FB gladly hand over the details of those Q-anon imbeciles on their platform with no resistance, they then proceeded to censor and de-platform anyone who didn't follow the narrative and even went after people who had nothing to do with politics in the last wave of bans. And you don't think these 'rich people' aren't beholden to the State and its surveillance economy, of which they are just one part of the apparatus? Corruption begets corruption: and many of these rich people (specifically CEOs of FAANG) are not without blood on their hands, playing 'whose worse' is like saying the one to actually kill Ceaser was the last to deliver the final blow on the Senate floor as he laid in a pool of his own blood. (Ceaser was a tyrant and deserved to die, just so its clear.) I would argue the very Nation-State model is to blame, its a total cesspool; and this type of cronyism is prevalent in this model which rewarded a few (like, but limited, to Zuck) who acquiesced when they State showed up with bags of money for them to play along for these exact events.
- mordymoop 6y agoIt has always been like this. It is just harder to sustain the illusion that democracy somehow magically means that wealth and power don’t exist.
- tjpnz 6y agoAre there any well-known examples of billionaires being behind such initiatives while not seeking to publicise their involvement? This isn't a rhetorical question - I'm genuinely curious.
- dawson 6y agoMacKenzie Scott, is one example in my opinion.
- estsauver 6y agoBy the very nature of being anonymous and avoiding publicity, wouldn't you not hear about them?
- jlokier 6y agoNot directly answering your question, but something I thought was relevant. I recall some years ago, there was a movement to encourage large donors and philanthropists to make themselves more visible, rather than donating anonymously, in the believe that this would encourage other wealthy people to contribute as well, a kind of peer pressure or leading by example.
- dualthro 6y agoSteve Jobs was known to keep his philanthropy very private, although I'm not sure he would qualify for your bar of such initiatives, considering that (AFAIK) he didn't found or spearhead any massive progressive movements. Part of me wonders if why these billionaires have their names on these projects is to try to buy goodwill? Rather than people just hating the rich in general, if they know that Bill Gates is donating all this money and attempting to help the less fortunate, he's slightly less of a greedy wealthy bastard? I don't see a Jeff Bezos foundation, for example.
- ceilingcorner 6y agoBill Gates has been on a PR campaign to reform his image since the late 90s. Most people today don’t seem to remember that he had an extremely negative reputation and was very unpopular.
- the-dude 6y agoPhilips ( the former Dutch electronics giant ) actually built housing, schools and sports clubs for its employees. They were not the only ones during that era ( early last century ). These iniatives are not to be confused with company towns. The intent was to 'elevate the people'.
- pjc50 6y agoThere are three possible outcomes, I suppose: - $350m is enough to completely rewrite the policies across a large swathe of the US. The input of the public and other campaigning groups is swept away by this tsunami of money, and people are read their Zuck rights on arrest. - $350m isn't enough to move the needle. In some ways this is a more frightening outcome, that that amount of effort - five SpaceX launches or one medium-sized company market cap - can't change a system that's entrenched against it. - countervailing lobbying is spending another $350m in the other direction, so the needle remains unmoved. None of these are particularly great. It's not really surprising that the average non-billionaire thinks that merely stating their case isn't enough to achieve positive change and it requires burning things down.
- ceilingcorner 6y agoI don’t see #2 as being a bad thing. Political change should not be a simple formula of Increase money to achieve goal.
- janpot 6y agoExactly, that's what democracy should be and what it unfortunately isn't. 1 Person should be 1 Vote, regardless of their wealth.
- deleted 6y ago[deleted]