5 ms·
I am just amazed at the lies and stupidity these people are pushing all so that a few people at the top can buy a few mansions/private-jets. Little do they real
by dba7dba 12y ago
I am just amazed at the lies and stupidity these people are pushing all so that a few people at the top can buy a few mansions/private-jets. Little do they realize what kind of damage they are doing to the competitiveness of America's economy.
US flourished as it did partly because of open/affordable road system. Physical goods and people and ideas were able to move about freely and hence the economy grew.
Now it's all about the internet access. The goods people buy are often sent over internet connection and people/ideas flow the best when internet is working.
And here we are, with the few cable companies that we have doing their best to hamper flow of idea over the internet, the lifeblood of our economy.
- deleted 12y ago[deleted]
- fiatmoney 12y agoThe internet enables much commerce that does not happen on the internet. It also tends to move what used to be commerce into cheaper or non-commercial transactions that don't show up in GDP accounts (the news business, the encyclopedia business, the music & movie business, much of the software business). If suddenly tomorrow there was no internet it would be a major calamity.
- deciplex 12y agoThe ruling class in America no longer gives a flying shit about the health of the American economy or its competitiveness or any other such nonsense. They are in a resource-extraction phase and from the look of it they are just getting warmed up. Whether that works out it anyone's best interest in the long run is forgotten as everyone at the top is just scrambling to grab whatever they can. So, what they "realize" has nothing to do with it.
- sp332 12y agoThe environment in high finance companies is extremely competitive. As long as your number is bigger than everyone else's, you're succeeding. If your number is smaller, you're failing. Never mind if the number is still in the billions, or if you had to destroy the economy to get on top.
- ryanhuff 12y agoConsidering that the "ruling class" are running companies that are operating in an increasingly global economy, how can they not be concerned about (global) competitiveness?
- deciplex 12y agoThe ruling class are largely not in executive positions at companies.
- jsz0 12y agoThis is not an information holy war. It's very simply about streaming Hollywood movies and TV shows over the Internet and who gets to profit from it.