In this damn country, slightly slowing down the growth of rich people’s investments is a more effective argument against something than literally killing your customers. If gutting net neutrality takes money out of normal people’s pockets and makes things a bit more difficult for them, then everything is working as intended.
Comment on Court blocks the FCC's efforts to restore net neutrality... again
uberdroog@lemmy.world 3 months ago
"Net neutrality’s opponents have long argued that the rules will put off investors. " yeah no shit. Here is the part where people who are not an ISP give 2 shits. Supply side are assholes.
Zink@programming.dev 3 months ago
NegativeInf@lemmy.world 3 months ago
Investors are shit. If your company can’t make it on the profit from the product or service, it shouldn’t exist.
At the same time, any company large enough to capture more than half the marketshare of any single segment should be broken up into at least 3 companies.
And private equity companies buying up small companies and then trading them like playing cards should be banned as well.
I’m so tired of these lazy, fat, investor class chuckle fucks getting handouts from the government.
TexasDrunk@lemmy.world 3 months ago
The people running private equity companies should just be shot
NegativeInf@lemmy.world 3 months ago
Well, once again Mr TexasDrunk, I find we agree. I just have to couch my words, as we need to “turn down the temperature” or some bullfuck.
TexasDrunk@lemmy.world 3 months ago
Yeah, I know, but I’m hung over and having a bad day. Those people bring nothing to society and in most cases actively harm their employees and customers before gutting businesses, taking the money, and starting over on the next business.
Fuck them, fuck their mom, fuck their dog, fuck the horse they rode in on, fuck their grocer, and fuck them again just for good measure.
JasonDJ@lemmy.zip 3 months ago
I’m sorry do you have any understanding of how the economy works at scale?
A fundamental part of it is that money has to move. Lots of money that sits is really, really bad.
That’s where investment comes in. Big projects come in (beit R&D, or production, or expansion) and they cost more to start than there is in cash reserves. You could consider a loan an investment as well. And that would be the same, making the bankers the investors (this also applies to mortgages and any other consumer loan).
They must, otherwise companies taking on multi-million dollar projects would have to have more multi-millions sitting dormant in cash reserves. And at the scale of global economies, that is a bad thing.
NegativeInf@lemmy.world 3 months ago
Pour it into your products and services. Not buying your competition. Research, develop, PAY YOUR FUCKING EMPLOYEES.
You know what moves money around the economy better than handing one asshole 10 million from the wallet of another asshole? Giving your employees enough money to live on, enough money so that they are secure and happy to work, have kids, have a life. Regular people spend their money.
Private equity is just dragons hoarding wealth in the form of businesses rather than literal coin.
Boot lick harder.