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Private run corporations tend to add a lot of value to society. Private run football clubs not so much, people prefer their amateur run clubs. You could say the

Private run corporations tend to add a lot of value to society. Private run football clubs not so much, people prefer their amateur run clubs. You could say the first sentence isn't true, but that is what people think and why they voted like this.

FredPret 6y ago
Private run corporations that don’t add value tend to have a hard time, even if it takes a few years. Recall Microsoft’s much-hated dominance 20-30 years ago and how they’ve had to change. Think of your own behaviour as a consumer, always trying to buy the best and the most for the least. You’re training the cybernetic organisms known as corporations to add value conspicuously and voluminously... or die.
- username90 6y ago
  Many private corporations creates a bottleneck and then squeeze it of value and gets money that way. They don't go under, they thrive since people have no options but go through that bottleneck. Using democratic votes to decide when to stop companies from doing that makes perfect sense.
  - FredPret 6y ago
    Agreed, especially if legal machinations are used to create the bottleneck. True competition is the key here. In my day job as a consultant, I see many small and medium corporations, and I can tell you that the successful ones are the lean & mean value creators
thewarrior 6y ago
Value is a highly subjective term. Some claim that social media companies don’t add value. But they continue to thrive. Even tobacco companies are only dying because of extensive regulation. They add short term value maybe. But in the long term many dont. And by the time they die the damage is done. There are also counter factuals. The value a corporation prevents from being created due to monopolies or lobbying. That cannot be measured and maybe greater than the value added.
- username90 6y ago
  People vote to regulate companies they feel detract value, like Tobacco or in this case Football. Your point doesn't contradict mine.

FredPret 6y ago

Private run corporations that don’t add value tend to have a hard time, even if it takes a few years. Recall Microsoft’s much-hated dominance 20-30 years ago and how they’ve had to change. Think of your own behaviour as a consumer, always trying to buy the best and the most for the least. You’re training the cybernetic organisms known as corporations to add value conspicuously and voluminously... or die.

username90 6y ago
Many private corporations creates a bottleneck and then squeeze it of value and gets money that way. They don't go under, they thrive since people have no options but go through that bottleneck. Using democratic votes to decide when to stop companies from doing that makes perfect sense.
- FredPret 6y ago
  Agreed, especially if legal machinations are used to create the bottleneck. True competition is the key here. In my day job as a consultant, I see many small and medium corporations, and I can tell you that the successful ones are the lean & mean value creators

thewarrior 6y ago

Value is a highly subjective term. Some claim that social media companies don’t add value. But they continue to thrive. Even tobacco companies are only dying because of extensive regulation. They add short term value maybe. But in the long term many dont. And by the time they die the damage is done. There are also counter factuals. The value a corporation prevents from being created due to monopolies or lobbying. That cannot be measured and maybe greater than the value added.

username90 6y ago
People vote to regulate companies they feel detract value, like Tobacco or in this case Football. Your point doesn't contradict mine.