So true, @pluralistic
"the confusing jargon of finance is not the product of some inherent complexity that requires a whole new vocabulary. Rather, finance-talk is all obfuscation"
So true, @pluralistic
"the confusing jargon of finance is not the product of some inherent complexity that requires a whole new vocabulary. Rather, finance-talk is all obfuscation"
@pluralistic "40 years later, nearly every industry is dominated by a handful of companies, and these companies price-gouge us with abandon. Worse, they use their gigantic ripoff winnings to fill war-chests that fund the corruption of democracy, capturing regulators so that they can rip us off even more, while ignoring labor, privacy and environmental law and ducking taxes."
Another excellent blog post, @pluralistic .
"Despite being a raving commie loon, Smith's observation was so undeniably true that regulators, policymakers, and economists couldn't help but acknowledge that it was true. The trustbusting era was defined by this idea: if we let the number of companies in a sector get too small, or if we let one or a few companies get too big, they'll eventually start to rig prices."
-- Cory Doctorow
From: https://pluralistic.net/2024/06/05/your-price-named/#privacy-first-again
Antitrust cases threaten to sap Google's profits
"A trio of antitrust cases on the docket threaten to reshape Google’s business and sap its profits."
@nicoagrant RT Google’s Play Store case was the first test of how it might fare in the antitrust gauntlet it faces in the U.S.—and Google was routed. The loss could preview its fate in two bigger antitrust cases that could weaken the influential internet business in 2024
So about that invisible hand...
"The problem for the West... China’s industrial dominance is underpinned by decades of experience using... all the levers of government & banking, while encouraging frenetic competition among private companies."
“In 2022, Beijing accounted for 85% of all clean-energy manufacturing investment in the world”
How China Pulled So Far Ahead on Industrial Policy - Gift link:
https://www.nytimes.com/2024/05/27/business/economy/china-us-tariffs.html?unlocked_article_code=1.vE0.sLyF.pRyVplaJUeg3&smid=url-share
cc: @jgkoomey
@mothninja Judy Dench reads Shakespeare so beautifully.
Dame Judi Dench Masterfully Does A Shakespeare Sonnet | The Graham Norton Show
" …when a super app offers popular mini programs, ‘iOS stickiness goes down.’”"
#DOJ files BIG antitrust case against Apple. Great #MattStoller
blog post about it:
https://www.thebignewsletter.com/p/why-the-apple-antitrust-suit-matters
This still makes me smile
Excellent convo about attacks on US voting rights in the US & their defense. Also discusses what you can do to defend US voting rights.
“Dahlia Lithwick is joined by @marcelias , who has litigated more election and voting cases than almost anyone, to talk about Alabama’s disregard for SCOTUS’ decision in the big Voting Rights Act case of last term, and why the lawlessness is the point.”
Good read, @pluralistic --
#Tesla, the company built on: “government subsidies and tax-breaks, combined with selling carbon credits”…. "And financial shenanigans"…
https://pluralistic.net/2023/07/28/edison-not-tesla/#demon-haunted-world
@ryanhoulihan has a great question, has anyone developed an event/invite tool? platform? for the fediverse? I know many people that are on Facebook just for the events/invite function. Would be a powerful addition to Mastodon/the Fediverse.
@evan Thanks for the suggestions, Evan. I'm not in Canada. I will look into social.coop as a suggestion for friends/twitter connections. And I'll look at joinmastodon.org. I'd love to join Mastodon coop in Texas. And I"m considering looking for a group to sponsor one in Austin. Maybe Lonstar.social ?
@evan Lonestar.social ? Lonestar.coop ?
@evan I got in a back door at @mastodon.social . I didn't know, admin had closed it to new people. Until I find an instance for ME & learn HOW to move, I'm not recruiting. I don't know which #Mastodon Instance to suggest.
@evan If you'd recommend a Mastodon instance that I could suggest, I will start recruiting.
@evan I'm a big fan of Tim Wu. I haven't read that book yet, but I read "The Curse of Bigness" - short read about #antitrust considerations, implications. This book would be a very timely read.
I want better 🇺🇸 policy debate; stronger political center. Interests: economy - esp anti-monopoly, healthcare, pro-democracy - 🦉 curious. Really appreciate meditation 🧘🏻♀️, health, beauty, good 🍽 & 🍷.I HAVE A DREAM: of healthier iSpaces. Mastodon is part of manifesting that dream. May the citizens of the 🇺🇸 rise up and disrupt enshittification.More about healthy iSpaces - BBC's Rethink: Is the internet getting worse? https://www.bbc.co.uk/sounds/play/m0022z9r
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