Comment on [deleted]
CanadaPlus@lemmy.sdf.org 6 months ago
'Member before publicly traded companies? We had dudes like Rockefeller and Carnegie. Company towns, rats in the sausage, kids getting caught in giant cogs…
No, it’s not because they’re publicly traded. It’s because people like money, and if they have enough they can pay to not look at the side effects of getting it - whether that’s dead kids or just no privacy and bad content.
GregorGizeh@lemmy.zip 6 months ago
You dont have those things not happen any more because of the stock market, you dont have to endure those things any more because regulations prevent it.
I can guarantee you 100% that if corporations could use child labor again, or dump rats in a meat grinder and sell it, they would in a heartbeat.
CanadaPlus@lemmy.sdf.org 6 months ago
Yep. No disagreement.
OP was asking whether public trading caused it.
GregorGizeh@lemmy.zip 6 months ago
Ah fair enough, that makes more sense then.
CanadaPlus@lemmy.sdf.org 6 months ago
It wasn’t, although it wasn’t an argument against per se either. Both are markets.
What actually needs to happen with internet enshittification is probably some kind of regulation. People just don’t understand the magic boxes well enough to not fall prey. The EU is on it, at least. With Boeing, probably the Enron formula. We’ll see how many accidents it takes to create movement on that.