Thursday, March 14, 2019

Links for 3/14/19

Links for 3/14/19 MSW
Facebook is free. Like most TV, it gets its money by selling ads. Whether the ads attract enough business or not is not a matter of public policy. Whether app developers can strike out on their own because FB is suppressing their creativity is a matter of whether they can attract ads.

Employee-Ownership could solve this, but FB may already have that. If Zuck is more equal than others, the best venue is a stock holders meeting to either replace the CEO or make the firm more democratic. I have an app for that. My book is $150 per copy with each employee getting one. I will even walk companies through it for free the old fashioned way, in person.

My question is whether Wednesday's Great Facebook crash of 2019 was payback for Warren wanting yo split up big tech? If so, did anyone but ad buyers have any real inconvenience or were they simply more productive at work?

Revamping Capitalism cannot be done by public policy. That only cleans the cage. Capitalism can only be subverted from the inside. Warren is less coherent than she appears and her wealth tax is only an answer if it is big enough to eat up most public debt, although any such scheme would have to balance the budget by raising taxes while introducing a different mix of tax breaks. That Warren is going after big tech is likely because she got donations from tech workers, not despite them.

Voters want celebrity, not change, or I would be the sitting president and the 22nd amendment would be gone. One of my changes would be cooperative rather than system schools, with the option of secular or religious modalities and no strikes needed for either pay or quality, even with a strong union.

There were plenty of blacks in Lincoln's White House. They were servants. Trump would take us back there.  It is a function of wealth and capitalism, like arranging for preferred access to college. Media lackeys like Carlson and his network are also a symptom. Gopnik is right about Trump, which is why CEOs are dangerous to the Constitution. Both Beto and Pete would be better presidents but they need to be governors first and I would need to make my first billion killing capitalism.

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