‘”When it comes right down to it, we believe people need to be able to live a dignified life. I mean, there are certain things that should not be left up to the market,” she said.

Removing some parts of the economy from the forces of the free market, for example. In other words, socialism.’

https://www.npr.org/2018/07/26/630960719/what-you-need-to-know-about-the-democratic-socialists-of-america?utm_medium=RSS&utm_campaign=news


“Facebook can’t chop people’s heads off and it has to obey the laws of the jurisdictions where it operates, but, even so, it faces a version of the problem that plagued the Stuarts. Facebook can unilaterally and arbitrarily change many of the laws of its realm (terms of service and market making algorithms among them).

Even if you feel manipulated, there may not be much you can do about it. Network effects — which Facebook has gone to great lengths to reinforce — lock both businesses and users into Facebook, even if they all individually might prefer a different system of rule. As with citizens of traditional states, users of Facebook can exit if they wish, but it is extremely difficult.”

Interesting read: Facebook might be more like a government than a corporation.

https://www.vox.com/the-big-idea/2018/4/9/17214752/zuckerberg-facebook-power-regulation-data-privacy-control-political-theory-data-breach-king