You can't have it both ways. For the self-proclaimed free-marketers, how is this different?
It's about scale. We have an antitrust issue, not a free speech issue.
4,903 karma · joined May 11, 2008
You can't have it both ways. For the self-proclaimed free-marketers, how is this different?
It's about scale. We have an antitrust issue, not a free speech issue.
I know many will see that as a stretch, but given the context and recent events, I do not.
And political affiliation is not a protected class under the Civil Rights Act.
If you go on a political tirade, I have every right to kick you out of my home. Or office. Or restaurant. Or app.
1) Any private company (or person) has the right to determine what speech they tolerate, amplify or disseminate
2) No company should be so big that their assertion of that right dramatically changes the national conversation
Freedom of Speech !== Entitlement to a Platform
And incitement of violence has never been protected speech. This has gone too far.
My take is that L.A.'s issues have more to do with housing density, high number of people living with roommates and high number of multigenerational households. Also perhaps some some challenges communicating with an extremely large and diverse immigrant population.
You don’t even need access to credit default swaps. REITs are publicly traded and can be shorted as easily as any stock.
If you are talking about price discovery of individual properties—-that stems more from the fact that property is generally illiquid and not fungible. Not from the fact that I can’t take a directional bet on the value of your specific house.
The laws of supply and demand don’t require short selling to reach equilibrium.
I don't doubt that successful founders are highly motivated by the challenges of their work. But the suggestion that the point isn't to build a business and make money is, I'm sorry to say, typical of the self-serving retconning we are starting to see from those at the top. And that we have always seen from Silicon Valley: "Don't Be Evil," "We're Changing the World," "Facebook's mission is to make the world more open and connected."
*Thanks to my mom, barber, third grade teacher, roommate, dog and barista for reading drafts of this comment.
It's not as though California was always unicorns and rainbows, either.
It's as if we learned absolutely nothing from Snowden.
With regard to LGBT protections -- as a queer person I've experienced vibrant, proud and welcoming communities all over the place. Midwest (Twin Cities, Columbus, Chicago) south (New Orleans, Atlanta). Not to diminish the importance of making progress, but your actual life is highly unlikely to be affected by whatever laws are still on the books in certain areas. There are millions of happy, successful LGBT people all over the country.
“The future is already here – it's just not evenly distributed."
History teaches us that extreme inequality and class resentment leads to societal collapse. First there is civil unrest, then revolution. We have seen the beginning of some serious civil unrest this year.
From a purely self-interested point of view, if you value living in a peaceful and stable society, you ought to be concerned about wealth inequality. Generational wealth is one of the major factors here.