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originally posted by: Never Despise
Capitalist tech companies aren't really capitalist.
They are actually more like big Soviet or Chinese state owned enterprises. Twitter, Facebook, youtube, Microsoft, Google: all virtual monopolies. I thought there was this "vigorous free market competition" thing to capitalism. I guess not if you are a big Silicon Valley corp.
Plus their stocks get pumped up by the Fed every time the dow or Nasdaq looks like it's going to slip. When was the last time one of these companies faced any shareholder accountability?
They are already Communist.
Could it be that the "means of production" in reality means "people"?
originally posted by: asabuvsobelow
originally posted by: Never Despise
Capitalist tech companies aren't really capitalist.
They are actually more like big Soviet or Chinese state owned enterprises. Twitter, Facebook, youtube, Microsoft, Google: all virtual monopolies. I thought there was this "vigorous free market competition" thing to capitalism. I guess not if you are a big Silicon Valley corp.
Plus their stocks get pumped up by the Fed every time the dow or Nasdaq looks like it's going to slip. When was the last time one of these companies faced any shareholder accountability?
They are already Communist.
it is scary how right you are .
my opinion , it would have been a healthier option to just let the market crash in 2008.
The economy that came out the other end would have been stronger , instead the Massive Government bail out brought us one step closer to socialism .
originally posted by: drewlander
a reply to: ketsuko
Good thing all these creepy old boomers are about to kick the bucket.