Re:U.S. states plan to sue Facebook next week: sources
by post_below on Thursday December 03, 2020 @02:56AM
(#25286643)
I didn't see anything in the post you're replying to about a draconian government takeover.
Government has been intervening (in some industries) in these ways for decades. It works. It's not arbitrary.
It's not perfect of course, but it's far better than allowing large companies to get a complete stranglehold.
It seems to me that if you want to claim some version of "leave the marketplace alone and it will self correct" then you have to make a pretty strong case. It's not a self evident truth, history tells a different story.
Sometimes the marketplace takes care of itself, sure, but there have been lots of examples where it hasn't. In those cases, when government has stepped in, the outcome has generally been positive (if sometimes short lived).
Government has been intervening (in some industries) in these ways for decades. It works. It's not arbitrary.
It's not perfect of course, but it's far better than allowing large companies to get a complete stranglehold.
It seems to me that if you want to claim some version of "leave the marketplace alone and it will self correct" then you have to make a pretty strong case. It's not a self evident truth, history tells a different story.
Sometimes the marketplace takes care of itself, sure, but there have been lots of examples where it hasn't. In those cases, when government has stepped in, the outcome has generally been positive (if sometimes short lived).