PoliticsMar 8, 2019
Axon40w range

Elizabeth Warren calls for breakup of Amazon, Google, and FB

https://www.nytimes.com/2019/03/08/us/politics/elizabeth-warren-amazon.html Maybe in the future smart Americans will be immigrating to East Asia to work at the leading technology companies rather than the current situation where people from Asia come to the US.

Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
Elizabeth Warren Proposes Breaking Up Tech Giants Like Amazon
Nytimes
Insight SJ27 Mar 8, 2019

It’s a rapid move to socialism.. very unfortunate.

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B0ngzilla Mar 8, 2019

It’s for show. She knows about as much about what tech is or is not, as she does about being Native American.

Credit Karma EllisDee25 Mar 8, 2019

Lol how are anti-trust politics “socialist”? Teddy Roosevelt was socialist? It’s just liberal capitalism.

PayPal da anomaly Mar 8, 2019

Be interesting to see how the lefties that work at these companies react when it finally hits them that the move to socialism significantly reduces their meal ticket. Or are they that committed to everyone being poor and hungry?

Apple ijyA68 Mar 8, 2019

I think they are fine with everyone, except the people at the top, being poor and hungry.

Facebook public2 Mar 8, 2019

This wouldnt reduce their meal ticket, it would increase it.

Facebook vhqodifh Mar 8, 2019

She's just saying that to win the primaries.

Apple ijyA68 Mar 8, 2019

I support breaking up anti-trust laws and the agencies enforcing them.

IBM 👌🏻🥛⛄️ Mar 8, 2019

Democracy doesn’t work because the majority of “citizens” are unqualified to make any political decisions.

Insight SJ27 Mar 8, 2019

That’s why we are mostly a republic.... But the other viewpoint is.. I’m the one qualified to make decisions for you.

Credit Karma EllisDee25 Mar 8, 2019

Unfortunately, we don’t have democracy. I’d say that corporate lobbyists, rich political donors, appointed bureaucrats and professional partisan politicians/pundits are unqualified to make political/economic decisions for the majority. Full democracy is difficult in capitalism because ultimately what’s good for big-business is bad for the population and what’s good for the population is bad for big-business.

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ktFx31 Mar 8, 2019

Two thoughts. When one company owns everything you eat, buy, and see, will you feel “free”? Second, this is just rearranging seats on the titanic. They need to tax billionaires more, not have them reshuffle their resources.

Credit Karma EllisDee25 Mar 8, 2019

Lol, socialism? Anti-trust efforts are just capitalist liberalism and fairly common at points in US history. Funny how anything that didn’t treat major companies like the sun king Louis the XIV is called “socialism” these days. But keep it up, such attitudes are convincing a whole generation that they should look into socialism.

Microsoft MSFTBRO Mar 8, 2019

All because of Amazon Basics..

Google MVou06 Mar 8, 2019

Socialism vs capitalism aside, all i know is if google breaks up, the portion of the company that doesnt keep the search/ads wont be able to provide the same tc they used to (have no money)

Facebook AuoN35 Mar 8, 2019

In all seriousness, even in capitalism monopoly is never good. It’s unfortunate that there is no competition for Google in search or FB in social media. At least in commerce, there are still brick and mortar and some competition on selected categories. Not totally supporting this thought. but It is worthwhile to debate on.