Message from @Tom_Servo
Discord ID: 479606772663844876
Dont get me wrong Alex Jones is a warped douchebag
but should private companies have that kind of power...
@Tom_Servo I agree, and it is still tricky to me. We want private companies to have their own voice, but we don't want them to have the only voice.
same thing happened to the Guptas here
how did all the banks find the same thing at the same time
or colluding with each other which restricts free market
that was an orchestrated move... and we are all fine with it because it serves our purpose.... but pvt companies often need to be regulated
@Tom_Servo Yes, they should. But only if the market gave it to them. If they receive protection from the state, then no. The Guptas received state protection. Alex Jones is hated by the state.
The banks are only private in name. They're not actually private.
@Roovdwalt isn't collusion or monopoly the inevitable outcome of successful capitalism.
?
hence regulations start coming into play?
I am against regulating private companies, I do not want to stop innovation. But I agree that power can get to their heads and if there is a way to have them free without them colluding, I am all ears.
@Tom_Servo where are you from
Collusion can happen in a free market, but it's hard to say since we don't have free markets in the free sense.
Monopolies can only exist when the state prvoides protection. Monopolies can't exist in a free market.
@Tom_Servo Private companies are regulated by the market and don't require state regulation.
huge amounts of capital investment have made it impossible to disrupt the existing "production" means
Give an example, @Tom_Servo
Facebook is protected by the state.
not here
Everywhere.
how
Let's go back a few steps, to keep clarity.
"huge amounts of capital investment have made it impossible to disrupt the existing "production" means"
Where did the huge amount of investments come from? And why did they happen?
IPO
free market
And why did they invest?
I havent polled every investor
but I assume they saw value in the company
The answer is because it looked like a good investment because it is a good product.
correct
So, now they get lots of investment and people go "no, we need to stop that because now they're too big".
No. Compete. Create a new product that will take it down.
so Alex Jones should do that?
is that a realistic comment?
this is the grey area I am talking about
Apple was almost bankrupt in the 90s. Microsoft had 93% of the computing market. Apple then found a new way into the market. Apple is now sniffing 1 trillion dollars in value.
free market can result in some unintended consequences
in this case a situation where free speech is regulated by corporations