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We need to nationalise Google, Facebook and Amazon. Here’s why (www.theguardian.com)

submitted 2 months ago* (last edited 2 months ago) by [email protected] to c/[email protected]

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With Google's recent monopoly status being a topic a discussion recently. This article from 2017 argues that we should nationalize these platforms in the age of platform capitalism. Ahead of its time, in fact the author predicted the downfall of Ello.

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[–] [email protected] 7 points 2 months ago (1 children)

Lol. What a ludicrous idea.

How high do you want your taxes to be, for a start?

[–] [email protected] 5 points 2 months ago (1 children)

How high do you want your taxes to be, for a start?

High enough to cover proper healthcare and education (including higher education) for everyone. Personal wealth should never be a factor when it comes to education and healthcare.

[–] [email protected] 3 points 2 months ago (1 children)

Right. But do you realise how high they would have to be to nationalise multiple trillion dollar companies?

[–] [email protected] 0 points 2 months ago* (last edited 2 months ago)

Considering it wouldn't need to run for-profit, it would cost much less than their market evaluation.

I'm not the guy suggesting nationalising SoMe, and I actually don't think it's a good thing to nationalise that particular function. But shutting down for-profit driven SoMe would probably be a good idea.