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Conversely, is it really a good thing that our corporations are more powerful than our (supposedly democratic) government? They're not subject to the same check
by solardev 2y ago
Conversely, is it really a good thing that our corporations are more powerful than our (supposedly democratic) government? They're not subject to the same checks and balances of elected government, and can leave pretty negative impacts on everything from technology to society to the environment to, at a certain scale, history itself. Meta and X at this point really hold more social power through selective propaganda than most governments in the world, arguably including ours. They have powers of amplification and reeducation that our formal schools and universities could only dream of. They also have economic war chests rivaling many countries and militaries, and increasingly control much of our infrastructure across land, air, radio, and now space. The end goal of any such corporation is always monopoly control unless some outside force stops them. Competition alone won't prevent that because they'll eventually just get acquired or become a duopoly.
Maybe China goes too far in the direction of state control, but it's possible to go too far in the opposite direction too. IMO the EU has a better balance in this regard.