Saturday, June 27, 2020

Let's Regulate and Break Up Facebook




A growing list of companies say they'll join an advertiser boycotton Facebook in protest of what they say are the site's failures to stop the spread of hate.
 
A civil rights coalition, which includes the Anti-Defamation League (ADL) and the NAACP, launched the #StopHateforProfit campaign last week when it called on major corporations to put a pause on advertising on Facebook, citing the company's "repeated failure to meaningfully address the vast proliferation of hate on its platforms."
 
Within days, outdoor retailers REI, The North Face, and Patagonia said they were in. Other companies, including Upwork and Dashlane, joined too.

We are not living in a period of "good government." The corruption we're seeing at all levels of the public and private sectors is not something that can be sustained. When you see the value of Facebook plummet like this, you have to ask yourself, "was that really the value of the company in the first place?"

In as much as Facebook could monetize your data, freely given, yes. But the reality is, without proper regulation, a company like this cannot continue to operate in the same way for very long. An activist, law-respecting government would have already regulated how Facebook uses data and what it sells it for. A government that protects consumers would have already broken up the company and would be looking at Amazon and a host of others because their business model--screwing people eight ways to Sunday--isn't the sort of thing that should be tolerated.

And no, Facebook is not being censored. It's being brought into the 21st Century, kicking and screaming like an anarcho-libertarian problem child.

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