this post was submitted on 18 Feb 2024
258 points (94.5% liked)
Technology
59398 readers
2536 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
nah its still capitalism
...with crypto-locked bootloaders/ECMs/tractors to make sure none of the serfs threaten the king's power with digital pitchforks.
But law could easily correct that… which means we’re still a democracy with heavy capitalist influence bordering into full blown serfdom, sure.
In capitalism, the core problem is power of business owners over employees. Tech giants hold incredible power over all of their consumers - aka the entire world.
The most famous billionaires are all tech giants like Zuck, Gates, Musk, Bezos. It's because they are in the news all the time as they decide over everybody's life now, despite not being elected.
YouTube, Insta, Tik Tok, Twitter, Facebook and friends are the main way political opinions are formed, especially for teenagers. That power should be in the hands of millions of teachers, activists and journalists, not a handful of billionaires.
Markets are supposed to keep capitalism in check. That doesn't work so good but they seem to be even more ineffective in keeping the tech market in check, especially social media.
Markets aren't supposed to keep capitalism in check. Capitalism is an exploitation of commercial systems in order to maximize profits. Capitalism is at direct odds with the free market self-regulating. Capitalism is the bastardization of free market policies and destroys innovation.
I agree with all but the first sentence. Markets do a terrible job at keeping capitalism in check but they are supposed to, at least that's what capitalism stans argue.