36 karma · joined November 5, 2022
Nothing, it's a hostage situation.
Even billionaires and millionaires who dont own media companies have outsized influence. They can fund politicians they prefer to an extent that a rival might not be able to match. They can pay for lobbyists. There are a myriad of ways that dollars turn into votes without a mustachioed man walking around with a bag of money being involved. Mass movements aside the working class isnt out there propping up politicians.
Why would the US care about a PR disaster? It's not like Europe has any choice in the matter at this point.
> Whereas: we have Vladmir Putin who is looking at would be assassins who have a nice, ready-made source of cash if they take him out simply by turning the pipeline back on. And Putin will suffer neither PR nor diplomatic repercussions for blowing up the pipeline.
What?
It seems like it is though? From the text of the article:
> These activities pose risks to political stability, public health, and rule of law, threatening the intrinsic value of the global economy and thus the value of diversified portfolios.
The argument they seem to be going after is that we live in a highly connected society and powerful companies with outsized influence can disrupt the global economy which therefore hurts their investments. Whether or not Meta has _actually_ done that is another question, but I think that this line of thinking is interesting.
???
I see posters here brushing off talk about mental health and political impacts from decisions corporate directors make. Well if there is a measurable harm that can be traced back to a given company why shouldn't they be sued?
It's a meme, but we live in a society. Companies don't exist in isolation, neither do profits.