Google and Facebook: Unelected Superpowers?
theodp (442580) writes "'The government is not the only American power whose motivations need to be rigourously examined,' writes The Telegraph's Katherine Rushton. 'Some 2,400 miles away from Washington, in Silicon Valley, Google is aggressively gaining power with little to keep it in check. It has cosied up to governments around the world so effectively that its chairman, Eric Schmidt, is a White House advisor. In Britain, its executives meet with ministers more than almost any other corporation. Google can't be blamed for this: one of its jobs is to lobby for laws that benefit its shareholders, but it is up to governments to push back. As things stand, Google — and to a lesser extent, Facebook — are in danger of becoming the architects of the law.' Schmidt, by the way, is apparently interested in influencing at least two current hot-button White House issues. Joined by execs from Apple, Oracle, and Facebook, the Google Chairman asserted in a March letter to Secretary of State John Kerry that the proposed Keystone XL pipeline is not in the economic interests of the U.S.; the Obama administration on Friday extended the review period on the pipeline, perhaps until after the Nov. 4 congressional elections. And as a 'Major Contributor' to Mark Zuckerberg's FWD.us PAC, Schmidt is also helping to shape public opinion on the White House's call for immigration reform; FWD.us just launched new attack ads (videos) and a petition aimed at immigration reform opponent Rep. Steve King. In Dave Eggers' The Circle, politicians who impede the company execs' agenda are immediately brought down. But that's fiction, right?"
We need oversight for government, and we need oversight for corporations. We the people* don't give a crap as long as our ipad can stream entertainment. Sometimes I wonder if democracy is dead.
The Supreme Court's 'Citizens United' decision makes it possible for billionaires to pour unimaginable amounts of money into each election cycle. Some of thse billionaires lean right, like the Koch brothers, and some don't like Google's owners. Personally I would like to see Congress pass laws reversing 'Citizens United,' but until that happy day, we're kind of on the sidelines as the big players battle it out.
--- Often in error; never in doubt!
Some of thse billionaires lean right, like the Koch brothers, and some don't like Google's owners.
Google's owners lean right, but talk left. Like many other tech companies, they donate to liberal advocacy groups, while using tax shelters to shift their profits overseas. They are all for big liberal government programs as long as some else pays for them. The only difference between Google's owners and the Koch brothers, is that with Google you get an extra layer of hypocrisy.
Google can't be blamed for this: one of its jobs is to lobby for laws that benefit its shareholders,
Yes, they can, and should, be blamed for this. Pro-social corporations should be rewarded for their behavior. Anti-social corporations should be punished. This is a pretty basic part of free market theory and the power of the purse. Stop repeating this sociopath-loving dogma as though it had any relation to healthy free market economics. Public backlash against despotic corporations is a very important correcting force in the free market.
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You either let people keep what they build or you society will go backwards.
Any absolute statement about topics like government or economics are almost guaranteed to be absurd (notice I said almost guaranteed).
Free market capitalism is great. It has created the most powerful economies the world has ever known. Even state run economies have only been successful when they take full advantage of global free market capitalism.
But capitalism still needs to be kept in check. You can't just take advantage of its benefits and ignore the perils. Nothing is free. Capitalism is used because it is in the best interests of society, not to benefit only the best and brightest. When situations arise that are no longer in society's best interests, it is our responsibility to react. We have had to break up other monopolies in the past to keep competition strong, and we will have to do it many times in the future.
Breaking up Standard Oil and Bell Systems did not collapse capitalism, so I really doubt that breaking up or nationalizing a few tech companies will destroy it either.
(note I am not commenting on whether anything needs to be done about Google or Facebook, just that saying we should do nothing no matter what is a silly argument)
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke