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#monopolies — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #monopolies, aggregated by home.social.

  1. The #Enshittification of the American Hamburger
    China blocked Argentinian beef for chloramphenicol, Europe blocked Brazilian beef for food safety reasons, and now Trump is importing it all to the US. But don't expect prices to fall much, the monopoly distributers will pocket the savings.

    Matt Stoler is my favorite blogger.

    thebignewsletter.com/p/monopol

    Read more at: UncensoredNews.US/matt-stoler

    #monopolies #oligopoly #competition #antitrust

  2. The idea that the gross over investment in technology is the solution to all our problems, is delusional on the grandest scale of delusions!

    Also used as an argument to secure its boom is that new technology like Ai and AGi is inevitable and necessary to obtain a competitive advantage.

    What is not much advertised, discussed, challenged and acted on are the current social, environmental, political and economic costs of the deregulated market sresponsible for pushing the MAD investments of and in the technology of antitrust monopolies. They continue to undermine the benefits that result from democratic mediation, rights of diverse interests, peace, security, wellbeing and the flourishing that you get with ending the growth in inequality and injustice that their corporate sovereignty profits from! #Philosophy #Technology #ai #AGi #deregulation #Markets #MAD #antitrust #monopolies #corporatesovereignty #Delusions

  3. The idea that the gross over investment in technology is the solution to all our problems, is delusional on the grandest scale of delusions!

    Also used as an argument to secure its boom is that new technology like Ai and AGi is inevitable and necessary to obtain a competitive advantage.

    What is not much advertised, discussed, challenged and acted on are the current social, environmental, political and economic costs of the deregulated market sresponsible for pushing the MAD investments of and in the technology of antitrust monopolies. They continue to undermine the benefits that result from democratic mediation, rights of diverse interests, peace, security, wellbeing and the flourishing that you get with ending the growth in inequality and injustice that their corporate sovereignty profits from! #Philosophy #Technology #ai #AGi #deregulation #Markets #MAD #antitrust #monopolies #corporatesovereignty #Delusions

  4. The idea that the gross over investment in technology is the solution to all our problems, is delusional on the grandest scale of delusions!

    Also used as an argument to secure its boom is that new technology like Ai and AGi is inevitable and necessary to obtain a competitive advantage.

    What is not much advertised, discussed, challenged and acted on are the current social, environmental, political and economic costs of the deregulated market sresponsible for pushing the MAD investments of and in the technology of antitrust monopolies. They continue to undermine the benefits that result from democratic mediation, rights of diverse interests, peace, security, wellbeing and the flourishing that you get with ending the growth in inequality and injustice that their corporate sovereignty profits from! #Philosophy #Technology #ai #AGi #deregulation #Markets #MAD #antitrust #monopolies #corporatesovereignty #Delusions

  5. The idea that the gross over investment in technology is the solution to all our problems, is delusional on the grandest scale of delusions!

    Also used as an argument to secure its boom is that new technology like Ai and AGi is inevitable and necessary to obtain a competitive advantage.

    What is not much advertised, discussed, challenged and acted on are the current social, environmental, political and economic costs of the deregulated market sresponsible for pushing the MAD investments of and in the technology of antitrust monopolies. They continue to undermine the benefits that result from democratic mediation, rights of diverse interests, peace, security, wellbeing and the flourishing that you get with ending the growth in inequality and injustice that their corporate sovereignty profits from! #Philosophy #Technology #ai #AGi #deregulation #Markets #MAD #antitrust #monopolies #corporatesovereignty #Delusions

  6. The idea that the gross over investment in technology is the solution to all our problems, is delusional on the grandest scale of delusions!

    Also used as an argument to secure its boom is that new technology like Ai and AGi is inevitable and necessary to obtain a competitive advantage.

    What is not much advertised, discussed, challenged and acted on are the current social, environmental, political and economic costs of the deregulated markets responsible for pushing the MAD investments of and in the technology of antitrust monopolies. They continue to undermine the benefits that result from democratic mediation, rights of diverse interests, peace, security, wellbeing and the flourishing that you get with ending the growth in inequality and injustice that their corporate sovereignty profits from! #Philosophy #Technology #ai #AGi #deregulation #Markets #MAD #antitrust #monopolies #corporatesovereignty #Delusions

  7. @chris @unfa is this still a problem if you run graphene or lineage?

    To any youtuber or play store slave: you are Google's employee, but with no workers rights whatsoever. Google can take away anything and not be accountable.

    #monopolies  #capitalismsucks

  8. "In 2021, the virtual world was the future of the internet. The pandemic had sequestered everyone indoors, heightening the appeal of digital communities. Facebook rebranded to Meta — a sign of the tech giant’s investment in and commitment to the metaverse as the future of the internet. Despite losing billions in VR, Meta released an upgraded version of the Quest 2 headset and began focusing on launching a higher-end Quest Pro. At the end of the year, it announced its plan to plunk down a rumored $400 million to buy the independent VR gaming studio Within, maker of a popular fitness game called Supernatural. Less than five years later, however, it shut the game down, leaving a community of avid fans bereft.

    To former FTC chair Lina Khan, there’s a lesson in the ultimate fate of Supernatural, and the community that had grown up around it. She’d know — because she tried and failed to block Meta from acquiring Within.

    “You need to have some regulatory humility because you don’t always know on the front-end how certain products are meaningful for certain communities,” says Khan. The FTC’s Meta lawsuit was often framed as an abstract attempt to rein in Big Tech. But in the end, the acquisition’s human cost was obvious — and an example of precisely why antitrust law matters. “Bringing to light that [Supernatural] was a core way for communities to stay healthy shows that there were real stakes here.”"

    theverge.com/report/896820/lin

    #USA #SocialMedia #VideoGames #VR #Meta #Facebook #Monopolies #FCT #LinaKhan #Antitrust

  9. Why struggling #Thailand keeps voting for change tt never comes
    "A group of academics published an open letter warning🇹🇭 is approaching “breaking point.” It urged voters to shun #political parties hostile to LT devt, w dismantling #monopolies among its core proposals. The top 5% of cos control >85% of tot revenue across🇹🇭 #economy.. Cos linked 🇹🇭’s #richest men hold outsized influence in #energy, F&B, #retail & #telecommunications, & together acct for nearly ⅕ of #SET index"
    straitstimes.com/asia/se-asia/

  10. "Bourgeois economists are incapable of confronting the falsity of their understanding of competition: For the bourgeoisie, the fall of serfdom and mercantilism seemed to have abolished class distinctions, producing what they understand as the natural order of competition among free individuals. This order is supposed to be the correct way for human society to be organized, the realization of our innate propensity to truck and barter. In this vision of bourgeois society, every subject is both producer and consumer; there is no class. Anything that disrupts this picture is an intrusion of the non-economic into the sphere of the economic. To the extent that they are willing to acknowledge it, monopolization compels the bourgeoisie to admit that the unequal distribution of power continues to exist under their rule. Rather than accepting the falsity of their understanding of competition, however, the bourgeoisie understands monopolization solely as a regression to a prior mode of direct class rule. They admit that competition, as they understand it, no longer exists, but they believe that it once did, and that what exists today is no longer genuine competition.

    Against this, Horkheimer understands pre-monopoly capitalism as characterized both by competition that reached all members of the population and by the unresolved problem of power. Whether by “birth or deceit, brutality or shrewdness, expertness in engineering machinery or human relations, by marriage or adulation,” there have always been groups that have managed the competitive processes within capitalism. Racketization is a reversion to more direct forms of domination, but these forms were always present, hidden behind the apparently rational market system, and this “was already clear to everyone except for the professors in the times of so-called liberalism.”"

    ctwgwebsite.github.io/blog/202

    #FrankfurtSchool #RacketTheory #CriticalTheory #PoliticalEconomy #Monopolies #Competition #Horkheimer #Capitalism

  11. The payoff from Thiel’s early gamble in Trump is a lesson that has not passed others by.

    As with their other obsession, #crypto, the best time to have invested in Trump was 2016,
    and the second best time is today.

    We already have a word for what we’re watching now:
    it’s #oligarchy.

    And we’ve already seen how this plays out.

    In Putin’s Russia, political and commercial interests are one and the same.

    Thiel is betting
    – again
    – on the same phenomenon in America.

    Betting that he will be first among a new breed of tech bro oligarchs
    – a new super-class of #broligarchs.

    In Trump’s America, there will be hard choices for everyone, including the billionaires. --
    Though it may be less hard for them.

    Vance has said he wants to #deregulate crypto and
    unshackle AI.

    He’s said he’d #dismantle Biden’s attempts to place safeguards around AI development.

    And while he has it in for the #legacy #monopolies of Google and Facebook
    – the platforms that his ideological bedfellows in the “new right” see as part of the “censorship industrial complex” suffocating rightwing speech
    – Silicon Valley is betting on a gloves-off, regulation-free, pro-business #goldrush.

    Another Peter Thiel acolyte was on stage at the Republican National Convention last week,
    electrifying the crowd:
    #Hulk #Hogan.

    Hogan is less well known as one of Thiel’s longterm bets, though in some ways he’s even more instructive than Vance.

    In 2007, the online magazine #Gawker outed Thiel and ran a series of unflattering articles about him.

    It took him years, but he ultimately got his revenge, covertly funding Hulk Hogan to the tune of $10m to sue the publication for invasion of privacy and forcing it into #bankruptcy.

    On stage at the RNC, the wrestler, a permatanned orange, ripped off his shirt for the man who increasingly looks like he’ll be America’s next president.

    Or, if JD Vance, is correct, the man who will prove to be the #Caesar he says America needs.

    A man who he has already urged to fire the nation’s civil servants to
    💥 “replace them with our people”,
    to defy the courts and rule his own way.

    Or, to put this in simple terms:
    to foment a #coup.

    Thiel knows what every investor knows. That a crisis is an opportunity.

    And that if Trump succeeds in tearing up the federal administration,
    there is not only billions to be made in the ensuing market #turmoil but that a new breed of oligarchs,
    close to Caesar’s throne, will be the first to share the spoils.

    And chief among them will be Thiel.

    It’s not a stretch to see how #Palantir, his data-mining company
    – that under the Conservatives got its teeth into the NHS
    – will profile and surveil and target Caesar’s enemies.

    And Thiel’s track record in winning, in successfully betting on the longest of odds, on biding his time, is maybe the most chilling of all the factors in a fortnight that has started to feel like the start of a run on the bank.

    Biden’s debate disaster,
    Trump’s victorious assassination survival,
    and now Silicon Valley’s ascension to the presidential ticket.

    The broligarchs have made their move
    – and the rest of us need to understand exactly what that means.

    #tech #elite #Sandberg #Page #Bezos #Peter #Thiel #tech #bro #Vance #Elon #Musk #Marc #Andreessen #Ben #Horowitz #Winklevoss #Chamath #Palihapitiya #David #Sacks #Palantir #Vance #Mithril #Capital #Narya #Capital