3 ms·
This is so wonderfully naive to the realities of contract negotiations between large corporates and governments. There is an asymmetry here which works agains
by bigfudge 3y ago
This is so wonderfully naive to the realities of contract negotiations between large corporates and governments.
There is an asymmetry here which works agains the public good. Corporations tend to only have to corrupt an offici or capture a regulatory body once to extract long term concessions, which rarely if ever get rolled back. The same is not true in reverse.
In practice this means governments aren’t able to effectively exert democratic mandates over policy areas like this.
- eru 3y agoThe government is vastly more powerful than companies. The government can make arbitrary rules (= laws) that the company has to abide by. The company has no such power. > In practice this means governments aren’t able to effectively exert democratic mandates over policy areas like this. How did the Germans ever shut down their nuclear power plants? They were already up and running, so they were literally printing money for their corporate owners? How did GDPR pass in Europe? Why can't Google build housing for their employees in Mountain View? I would like to live in your utopia where companies are all powerful!