A big part of the reason the rich bad guys are winning is that they understand that buying mainstream media and social media isn’t about making money on that mainstream media or social media. It’s about power and control, and making MUCH more money as a result of that power and control.
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Brent Toderian (brenttoderian@mastodon.online)'s status on Friday, 17-Jan-2025 19:06:51 JST Brent Toderian
- Rich Felker repeated this.
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pmonks (330ppm) (pmonks@sfba.social)'s status on Friday, 17-Jan-2025 19:16:33 JST pmonks (330ppm)
@BrentToderian A "loss leader", if you will.
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Shiitake Toast (shiitaketoast@beige.party)'s status on Friday, 17-Jan-2025 19:16:59 JST Shiitake Toast
@BrentToderian maybe this is why supposedly liberal billionaires don’t buy media. It’s a money losing investment, but for them it doesn’t turn into gains in other investments. It only works if you’re trying to turn public goods into private gains.