this post was submitted on 01 Sep 2024
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[–] AA5B@lemmy.world 7 points 2 months ago* (last edited 2 months ago)

In a capitalist economy, corporations act within the free market established by the government. Government is responsible for establishing fair and transparent ways of doing business, such as maintaining a currency, and legal and accounting frameworks. But that’s not enough.

The article has a good starting point about breaking up monopolies to reestablish competition. We’ve let so many monopolies grow in the last few decades, to our detriment.

But that’s not enough. It’s also governments role to incorporate externalities into the market so corporate actions are fairly priced instead of costing society, and to ensure the market is working for the citizens. As prime examples, corporations need to bear the costs of resource extraction or an imposition on the environment. How could the free market work effectively, if some corporations are allowed to impose costs on society that are not priced into their goods? They’re effectively being subsidized, given an unfair advantage against their competitors, while also working against the future of the citizens forming this market.

But a fair market is only fair, if all the participants have standing, including the consumers who are the focus of the market, and workers who make it all happen. Currently we’ve let corporation ps dominate other roles in the market, we’re following a corporate economy and of course are not happy with the results. For example, consider “terms of service” imposed for just about everything these days. They’re always phrased as a contract and as if customers agree, yet are completely one sided, imposed without recourse or even any reasonable standard for a legal contract, and without any real choice. How can that be called a free market?

We could go a long way toward a free market that serves society if government does it’s part of establishing fairness, transparency, honesty for all entities in that market, and remembering that both governments and the market serve society, rather than the other way around

[–] Zerfallen@lemmy.world 7 points 2 months ago

Great article, totally agree with the author. I would still be concerned with that power moving to the government, particularly in countries with limited options for true representation (eg. two party systems, where it is usually more a matter of "lesser evil" voting), but that then becomes the next challenge; still more appropriate in the government's hands than the level of power corporations currently wield.

[–] rottingleaf@lemmy.world 6 points 2 months ago

Replace goodwill with encryption. That's about data and metadata safety, but the same logic applies to everything else. No trust to people interested in breaking it.

As in - browsers' developers' goodwill was intended to keep Web standards' race in check. Protocols' extensibility was intended to allow for future backward-compatible development.

This was a wrong idea.

Gemini is one example of solving it, but one can imagine many others.

And it's fine if we have 12 Web protocols each for some specific idea of the Web. Among them some, say, would allow people to easily create webpages like year 1996, but sufficient for modern tasks and without all the bother with DNS and hosting (perhaps there is a p2p solution), Telegram shows that this is in huge demand. Many such variants are better than one overly complex, dangerous, corporate and oligopolized Web.

That's similar to how it seemed working anyway, we had e-news for global forums, webpages for personal pages, IRC for chats, ICQ\AIM\MSN for DMs, e-mail for reliable DMs, well, everyone remembers that time.

Nostr is a very raw, but maybe interesting idea for public social media.

Funny how Unix philosophy always shows itself in unexpected places, yes? =)

[–] Allero@lemmy.today 5 points 2 months ago* (last edited 2 months ago) (2 children)

Build anarcho-communism, thereby removing any incentives to enshittify.

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[–] VerticaGG@lemmy.blahaj.zone 5 points 2 months ago (1 children)

Relevant for me; i nearly changed careers out of tech entirely -- being fed up with the state of the industry -- but found some great folks in worker cooperative spaces. Here's what's kept me optimistic:

https://www.youtube.com/watch?v=4UmU1dSe3n0

Plucked a vid off this channel and let it be known the idea of the channel name is to "reject isms/be your own ism"

Solarpunk has replaced, for me, the plasteel+glass greenhouse skyscraper skylines. Afrofuturism offers a much better preconfiguration than anything of capitalist and anglo origins. Importantly, the dismantling of unjust heirarchies.

I never lost the optimism, i just recognized that the root cause of our pain is not going to be addressed by technnlology (new invention) without an equal-or-greater effort into decolonizing and unlearning on the part of those building, using and promoting a given technology.

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[–] pyre@lemmy.world 4 points 2 months ago
[–] b161@lemmy.blahaj.zone 4 points 2 months ago

The only way is to build technologies that allow humans to escape the capitalist system and allow us to build our own communities in direct opposition to capitalist greed and exploitation.

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