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Not the parent, but I do understand the sentiment and I don't think it's "anti-EU" at all, and parent was clear that they don't like megacorp. Consider the fol
by photonthug 3y ago
Not the parent, but I do understand the sentiment and I don't think it's "anti-EU" at all, and parent was clear that they don't like megacorp. Consider the following two step process:
a) Megacorp monetizes people through exploitation, and
b) Nation-states monetize megacorp by levying pointless fines that effect no real change to actually help people
This might not be a very nuanced take about how things work, but is it really a terrible summary? Whether it's casually evil data-mongering, or industrial accidents like oil spills / train derailments, or more directly evil practices like price gouging for drugs that keep people alive.. we see this stuff play out all the time. Government-levied fines for such things don't seem to be working as a disincentive for megacorp, so how many times can you watch it before going full-cynic and just labeling it as a form of rent-seeking?
I'd like to be an optimist that sees a well intentioned government intervening on behalf of the people, but I'm personally running out of patience and faith. I think a lot of people are the same. I'd certainly stop short of saying the EU is completely corrupted, like they are just redirecting the fine-payouts into their politicians pockets or something. And FWIW, as an American I certainly do appreciate the EU's very civilized push for data-regulation/right-to-repair/etc.
But I think we have to admit fines aren't successful at reforming megacorp, or more specifically I don't think GDPR is fixing the internet. Why are things steadily getting worse despite more regulation? Again, not a nuanced take, but when people are looking for an explanation, at some point it's natural to think this looks like rent-seeking, because it's either that or sheer incompetence.
- supermatt 3y ago> I think we have to admit fines aren't successful at reforming megacorp I kind of agree with this. It seems like they just see it as the cost of business, which is why they never actually change. That said, the fines seem to be increasing almost exponentially, so I guess we will see what happens when they refuse to pay them.