4 ms·
This is NOT a cybersecurity or network vulnerability problem. That's just a symptom. The real problem is that here, like so many other places in modern societ
by dublin 5y ago
This is NOT a cybersecurity or network vulnerability problem. That's just a symptom.
The real problem is that here, like so many other places in modern society, we've allowed consolidation to proceed far beyond healthy levels - when a single company is responsible for 20% of beef supply, it's time for antitrust action! (Yes, I'm looking at you, too, Internet, Tech, Media, Pharma, Aerospace/Defense, etc. companies...)
Maybe just allow one merger per decade, only available to companies with less than 10% of their market?
- heavyset_go 5y agoThe security state is willing to do anything, up to kidnapping, torture and murder, in order to not change a thing about the current economic order. I expect the problem to be addressed with technology, treaties, extraditions and putting a lot of people in prisons before the fragility of consolidation is addressed.
- aphextron 5y agoConsolidation leads to efficiency. Which in the case of commodities, is the only way to ensure low prices. A new slaughter company is not going to innovate a more efficient means of producing a pound of beef. In theory, a perfectly run state monopoly would be the ideal system. But that rarely ends well. In the US we've worked out a sort of half way between the two extremes, where large private corporations are allowed to consolidate in the name of consumer prices, while still maintaining just enough competition for profit motive to keep things well run. It's not perfect but it's the best we've figured out so far.
- unclebucknasty 5y agoThere are many problems with over-consolidation, but this isn't one of them. The primary problem here is criminals and criminal organizations parading as nation-states. The secondary problem is systems and networks that are insufficiently secured.