• Granbo's Holy Hotrod
    link
    English
    2672 months ago

    "Net neutrality’s opponents have long argued that the rules will put off investors. " yeah no shit. Here is the part where people who are not an ISP give 2 shits. Supply side are assholes.

    • @NegativeInf
      link
      English
      1492 months ago

      Investors are shit. If your company can’t make it on the profit from the product or service, it shouldn’t exist.

      At the same time, any company large enough to capture more than half the marketshare of any single segment should be broken up into at least 3 companies.

      And private equity companies buying up small companies and then trading them like playing cards should be banned as well.

      I’m so tired of these lazy, fat, investor class chuckle fucks getting handouts from the government.

      • @TexasDrunk
        link
        English
        412 months ago

        The people running private equity companies should just be shot

        • @NegativeInf
          link
          English
          342 months ago

          Well, once again Mr TexasDrunk, I find we agree. I just have to couch my words, as we need to “turn down the temperature” or some bullfuck.

          • @TexasDrunk
            link
            English
            162 months ago

            Yeah, I know, but I’m hung over and having a bad day. Those people bring nothing to society and in most cases actively harm their employees and customers before gutting businesses, taking the money, and starting over on the next business.

            Fuck them, fuck their mom, fuck their dog, fuck the horse they rode in on, fuck their grocer, and fuck them again just for good measure.

            • @NegativeInf
              link
              English
              92 months ago

              Hope you get to feeling better man. And I agree. I work for a company that was bought by private equity and it’s just hot fucking garbage. Multiple times a day I dream of setting the equity partners on fire.

              • @TexasDrunk
                link
                English
                42 months ago

                Appreciate it. I did a 45 minute set tonight and now I’m getting drunk. The bad shit is all melting away!

                I worked for a company where that happened a decade and change ago. It was a total shit show. I was lucky and got out.

                • @NegativeInf
                  link
                  English
                  42 months ago

                  Comedy or music? Either way, I’m so interested in the vibe of what it may be.

            • @[email protected]
              link
              fedilink
              English
              72 months ago

              Hey now, that grocer is just a dude providing food to their community. Unless they Kroger/Vons/etc, then yeah fuck them.

      • @[email protected]
        link
        fedilink
        English
        22 months ago

        I’m so tired of these lazy, fat, investor class chuckle fucks getting handouts from the government.

        This is a primary purpose of the state. It was literally created as a protection racket for slavers.

      • @[email protected]
        link
        fedilink
        English
        -152 months ago

        I’m sorry do you have any understanding of how the economy works at scale?

        A fundamental part of it is that money has to move. Lots of money that sits is really, really bad.

        That’s where investment comes in. Big projects come in (beit R&D, or production, or expansion) and they cost more to start than there is in cash reserves. You could consider a loan an investment as well. And that would be the same, making the bankers the investors (this also applies to mortgages and any other consumer loan).

        They must, otherwise companies taking on multi-million dollar projects would have to have more multi-millions sitting dormant in cash reserves. And at the scale of global economies, that is a bad thing.

        • @NegativeInf
          link
          English
          212 months ago

          Pour it into your products and services. Not buying your competition. Research, develop, PAY YOUR FUCKING EMPLOYEES.

          You know what moves money around the economy better than handing one asshole 10 million from the wallet of another asshole? Giving your employees enough money to live on, enough money so that they are secure and happy to work, have kids, have a life. Regular people spend their money.

          Private equity is just dragons hoarding wealth in the form of businesses rather than literal coin.

          Boot lick harder.

          • @[email protected]
            link
            fedilink
            English
            -8
            edit-2
            2 months ago

            Private equity is shit. But credit is a vital part of the economy, and creditors are investors no matter how you look at it.

            So without investors you rely on banks. Do you think more power to banks is the solution to all of our problems? Because I sure as hell don’t.

            Without investors or creditors, the alternative is being able to self-finance everything. That means sitting on money until a large project can be paid for up front and in full. That means even larger amounts of money staying idle.

            But performing those projects is vital to the motion of the economy. Spending $50 mil to build a new factory, for example, means lots of work for tradespeople and everywhere in the supply chain for all materials.

            You all bemoan the super wealthy. Do you think the world would be a better place if Musk had 230B stuffed in a mattress doing nothing? Because that’s the world you’re describing.

            Private equity is a bullshit industry that shouldn’t exist. You have my agreement there. Companies that exist solely for the purpose of buying and selling control of companies, or artificially inflating the value of commodities are evil, full stop, 0 disagreement. But barring private investment means centralizing power in banks. Even co-ops, I think, at large scale would be dangerous. Everyday people are far too risk averse to gamble their livelihood on long-term investments in their business.

            • @NegativeInf
              link
              English
              72 months ago

              I think the world would be a better place if Elon didn’t have any money at all.

              Because most of his wealth was generated off the back of government subsidy, daddy’s genocide emeralds, stepping on the faces of actual innovators, and grift.

              Bootlick. Harder.

              • @[email protected]
                link
                fedilink
                English
                -4
                edit-2
                2 months ago

                How do you expect companys, however they are named and structured in your utopia, to finance large expensive projects that will not generate a return (even assuming a currency-free, post scarcity world, I would think big things still need to happen, and there has to be a benefit to doing them) for a significant period of time?

                I’d really like to know what your proposed alternative is.

                • @NegativeInf
                  link
                  English
                  52 months ago

                  In a post-scarcity world, the financing of large, expensive projects does not rely on the traditional capitalist structure that prioritizes profit above all else. Instead, such projects would be driven by societal needs, scientific advancement, and the overall betterment of humanity. The collective resources of society, managed through democratic means and supported by advanced technology, would be allocated to these projects.

                  A cooperative approach, leveraging public funding and shared resources, ensures that the benefits of these projects are distributed equitably. This system prioritizes long-term sustainability and communal welfare over short-term profits, making it feasible to undertake significant endeavors without the constraints of capitalist profit motives.

                  Your question presupposes that only a profit-driven model can manage large-scale projects, but history shows that many significant advancements, such as space exploration and public infrastructure, have been achieved through public funding and collective effort. In a post-scarcity world, this approach would be even more refined and efficient, driven by a united vision of progress and equality rather than the narrow interests of profit-seeking entities.

                  Bootlick harder.

    • @[email protected]
      link
      fedilink
      English
      312 months ago

      In this damn country, slightly slowing down the growth of rich people’s investments is a more effective argument against something than literally killing your customers. If gutting net neutrality takes money out of normal people’s pockets and makes things a bit more difficult for them, then everything is working as intended.

  • @carl_dungeon
    link
    English
    55
    edit-2
    2 months ago

    Well fuck whatever court that is

  • @[email protected]
    link
    fedilink
    English
    262 months ago

    You know, if the rules for government handouts were more open, another company could gain ground. Just pointing out something congress controls.

    • @[email protected]
      link
      fedilink
      English
      42 months ago

      You want a government handout, just bribe contribute to the super PACs of the right number of Congress people.

      Really it’s one of the best investments a company can make. Doubly so if you’re related to one.

    • @helpImTrappedOnline
      link
      English
      10
      edit-2
      2 months ago

      Its a bit of a stretch, but slavery was legal before too.

      Unfortuanlty, if “it was legal before” was a valid argument, a lot bad stuff can come back too.

      However, in this situation, it sucks.

  • @Thrawne
    link
    English
    42 months ago

    This just feeds into my fear that the current internet is going to die at the hands of corpos. As a result, my paranoid ass has been buying up modems in the event we need to start from scratch.

  • @werefreeatlast
    link
    English
    32 months ago

    Hey the billionaires already purchased the government. It’s not like they can do us any favors. Maybe we should ask for smaller things like please don’t start a war in the next 4 years again. Could we for once just let putin have it for like 4 weeks in a row and call it done?