Tuesday, 21 August 2018

Never Trust Large Companies

This Conspiracy Appears Well Past the "Theory" Stage

Here is an interesting tale.  It appears at The Federalist,  entitled  "These Screenshots Show How Google Shadowbans Conservative And Pro-Trump Content".   Author and commentator, Doug Wead says: "It appears that Google, YouTube, Facebook, and Twitter have all gone to war with President Trump, and are punishing anyone who dares to speak up for him."

He presents an extensive account of his own experience as a case study to establish the claim.  It seems like Google, YouTube, Facebook, and Twitter need to be made to take a long draught of castor oil, served up under US Antitrust laws.  (Antitrust laws, also referred to as "competition laws," are statutes developed by the U.S. Government to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy.  [Investopedia])

Let's hope that the Trump Administration and the Congress are up for serving up the medicine.  Ah, if we could only see a re-make of AT&T, Kodak, and Standard Oil.  Them's were the days.

We would do well to remember Adam Smith's dictum--when you get a dozen business leaders into the same room, you will be confronted with two dozen self-serving conspiracies.  At least that will be the case when mercantilism is the dominant economic theory--as appears to be case among the giant tech media companies.

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