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> When you are a too large a corporate, you basically have no oversight over how much you can optimize in exchange for ill social effects It's actually easier
by zozbot234 2y ago
> When you are a too large a corporate, you basically have no oversight over how much you can optimize in exchange for ill social effects
It's actually easier to have meaningful oversight over a single larger firm than a bunch of local stores. The thing is that what people often refer to as "ill social effects" of large businesses are not proven to any meaningful extent. At least the gain in efficiency is quite real and can be readily ascertained.
- NoelJacob 2y agoSo you are saying the individuals (not affiliated to any corporate) in a field are collectively doing/did more harm to people and environment, on purpose, than all the harm corporates in the same field are collectively doing/did, on purpose? Corporates have power to sway governments/FDA/X in their personal favor (unlike a common individual for his own personal favor). As bigger the power of entity gets to the power of government, more government looses power over it, more at the discretion of its decision makers its users become. Why would a rational actor not do bad for profits if they can get away with it? Why would an entity, with a power, not exercise it, if net benefit to self is positive?