Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F...
by jim-jim-jim on Sunday January 22, 2023 @10:20PM
(#34485093)
> HN consensus seems to have changed from Google being an unstoppable monopoly to being unable to sustain its business model.
The contradiction is resolved once you recognize that advertising is not productive labor, unlike food distribution. Nobody can beat Google at what they do, but there's ultimately not a sustainable organic need for what they're selling.
I don't think many tech companies are attractive targets for nationalization for this reason.
> There's plenty of negative historical experience with nationalization.
In immature, geopolitically vulnerable economies, often during times of general upheaval. A targeted, degenerative process that is properly incentivized would be different. A "finish line" where getting bought out would be a desirable outcome for most involved.
Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F...
by WalterBright on Sunday January 22, 2023 @10:23PM
(#34485109)
> advertising is not productive labor
Yes, it is. Otherwise people wouldn't pay for it.
Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F...
by sidlls on Monday January 23, 2023 @10:50AM
(#34490232)
The fact that people pay for something is not an indication that it is productive labor.
Re:WY Union Says Court Ruling in Kroger–Albertson’s Merger F...
by WalterBright on Monday January 23, 2023 @02:29PM
(#34493714)
Do you buy things you don't want?
Doesn't seem to happen, though. HN consensus seems to have changed from Google being an unstoppable monopoly to being unable to sustain its business model.
> I'd like to see nationalization considered
There's plenty of negative historical experience with nationalization.