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Khan has been absolutely spectacular for the free markets. Transparency in pricing (with this law), transparency in cancellation of subscriptions, blocking acqu
by websap 2y ago
Khan has been absolutely spectacular for the free markets. Transparency in pricing (with this law), transparency in cancellation of subscriptions, blocking acquisitions where businesses should fail.
The free market shouldn't allow monopolies, or duopolies to form. Bad businesses should fail, not absorb more capital and continue scaling.
- nxm 2y agoHer policy changes have been countlessly shut down/overturned by courts since she's overstepped her authority.
- bdangubic 2y agothat should tell you she is doing the absolute right things :)
- dctoedt 2y ago> Her policy changes have been countlessly shut down/overturned by courts since she's overstepped her authority. We have a dysfunctional Congress that can't/won't legislate to fill gaps that emerge over time with new circumstances. Someone will step in to fill those gaps. Sounds like you'd prefer to have corporate execs do so, focused largely on their stock prices, bonuses, and promotion prospects — cf. paperclip-maximizing AGIs [0] — than to have a citizen-advocate do so. [0] https://www.lesswrong.com/tag/squiggle-maximizer-formerly-paperclip-maximizer https://www.lesswrong.com/tag/squiggle-maximizer-formerly-pa... and https://en.wikipedia.org/wiki/Instrumental_convergence https://en.wikipedia.org/wiki/Instrumental_convergence