4 ms·
When technofeudal corporate owners don't just capture the regulators but install lackeys in service of them. This is a natural progression towards authoritarian
by cantrecallmypwd 2y ago
When technofeudal corporate owners don't just capture the regulators but install lackeys in service of them. This is a natural progression towards authoritarianism and corruption.
- financetechbro 2y agoI feel like the corruption part has been well and alive forever
- cogman10 2y agoIt has been theoretically tamped down with independent agencies and watchdogs. What's happening isn't just business as usual, it's unusual. The last president we had that openly defied the courts and the law was Andrew Jackson. And even he wasn't so brazen. What we are finding out is that rules don't mean anything without enforcement and the US had a particular unaddressed threat in a party that doesn't care about the law and an executive agency filled with sycophants. What the Trump admin is doing was supposed to be resolved with impeachment and removal from office. Fat chance republicans will react accordingly.
- r00fus 2y agoHockeystick curve for corruption right now though.