Comment on Google CEO Sundar Pichai testifies in US antitrust trial
refurbishedrefurbisher@lemmy.sdf.org 11 months agoWhile I agree with the sentiment, locking away executives isn’t going to fix anything in the long term. Shareholder capitalism (and capitalism’s need for constant growth at any cost) is the root issue here that needs go be fixed.
We go through periods of antitrust enforcement, but it always devolves back into monopolies/oligopolies. It’s just putting a bandage on a gaping wound and calling it a job well-done.
We need real, systemic change worldwide.
netchami@sh.itjust.works 11 months ago
It’s the entire mafia of executives, the board of advisors and the shareholders (mostly venture capitalist firms) working together to screw over the public and make big profits. I totally agree that we need worldwide systematic change.
refurbishedrefurbisher@lemmy.sdf.org 11 months ago
Which is correct, but I believe that the mafia of executives and shareholders is a symptom of the larger problem of capitalism as a whole.
netchami@sh.itjust.works 11 months ago
Yeah, but there are people running honest and genuine business, even in a capitalist system. But those there are also those who just try to fuck over everyone. Most corporations, politicians, banks, investment funds and others do the latter, not because capitalism forces them to do so, but because these humans are living pieces of garbage and should be locked away or executed. I don’t know if it helps to take all fault away from the people running the capitalist system and attributing it to the system itself.
refurbishedrefurbisher@lemmy.sdf.org 11 months ago
The honest and genuine businesses aren’t rewarded to nearly the same extent as the corporations who exploit their labor force and their consumer base, and who lobby the government to write laws benefiting them.
If the system worked, then the honest and genuine businesses would be rewarded with more profit than the exploitative businesses.