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Advertisers Say They Do Not Plan to Return to X After Musk’s Comments
(www.nytimes.com)
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this post was submitted on 01 Dec 2023
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When I mentioned communism and socialism I was pointing to the mischaracterization of capitalism. Capitalism is just the free and open market and when companies collude together to manipulate the market that’s not capitalism. Capitalism has built in rules against market manipulation and monopolies unfortunately that requires the government to do it’s job to enforce it, which it’s been doing a piss poor job of.
It most assuredly does not. Addressing these externalities is the responsibility of government.
The fact that it requires a free and open market are the rules and since it’s a component of the government the government has to make sure the system is free and open.
I'm sorry, you think Twitter is a component of the US government?
No, capitalism is a component of the government. The point is to get the government out of twitter which records have shown the government was in twitter prior to Elon’s takeover.
Capitalism is not, and definitionally cannot be, a component of the government. It is an economic system
I use the word component loosely
Can you explain what you mean using other words? I am not great with loose language in general.
By stating that, it was a component of the government. In that context I was using component loosely.
I'm aware of that. What was the thing you intended?
All governments have an economic system and each economic system is dependent on some level of government involvement.
Yes but those economic systems aren't part of the gov, the gov is part of the economic system
Bullets are fired by a gun but are not part of a gun
But, it takes a gun to fire said bullet.
Yes that is my point.
no no. dig UP, stupid
What evidence is there that the companies are colluding? Are there communication logs where they all conversed and decided to pull ads? Is there any evidence at all that the companies had any interaction with each other about this and made a unifying decision to cancel their ads?
Collusion requires entities to work together to achieve a mutual goal. Otherwise, it's just a coincidence of timing.
At the moment it’s speculation, but from past events involving these same companies we’ve witnessed collusion.
What past events with which companies?
And who is this "we" you're referring to? Do you have a mouse in your pocket?
So far you've admitted to speculating on ethereal events and are using that as your basis for claiming foul play while providing no evidence for any of it.
So, are you suggesting regulation of the market?
No, some level of punishment of those that try to manipulate/manopolize the market.
So you want to regulate it under threat?
Unfortunately when you involve the government it’s always a matter of threat. But, the government involvement should stop at making sure everyone is playing a far equal and fair game.
Did I misunderstand, but you said you want the government to stop from intervening and making sure everyone plays and equal and fair game? This would mean you condone these companies from banding together.
Example: people are free to assemble, but it’s against the law if that assembly is to carry out crimes.
So then you want government regulation?
Limited government regulation
Your definition of capitalism in this argument is simply a no true scotsman: https://en.wikipedia.org/wiki/No_true_Scotsman.
Just because you’re able to lookup fancy words doesn’t make my sentence invalid. https://en.m.wikipedia.org/wiki/Capitalism
I looked up and provided the wikipedia article purely for your benefit so you could know which (informal) fallacy your tired, trash argument falls under.
You stating I’m wrong about something when you don’t understand something doesn’t make my argument invalid.
This is the same way that a (straw man) communist would argue: "it wasn't true communism, we still haven't tried true communism" based upon whatever ideal definition they have in their (fictitious, straw man) head.
I don't even have to know the content of the argument when it's couched in rhetoric like this to know that it's a warmed over brick of dog shit.
No, capitalism is capitalism I’m not saying there’s a better version of it out there and that we haven’t tried it yet what I’m saying is that the government is in bed with a lot of these companies and because of that what we currently have is being poorly managed
Which you're trying to say is not capitalism...but that's capitalism.
We didn't switch to socialism or some other economic system because we've, in your words, "poorly managed" our economic system. It's still capitalism we're running even if it's in your opinion "poorly managed".
Venezuela wasn’t socialist until it became socialist. I’m simply pointing out the country is moving in a bad direction. Before there was a balanced government and capitalist system now it’s less so.
You're trying to say that corporations all boycotting a POS social platform's ad buys at the same time is some form of "corporate communism" but you're too much of a weasel to say it outright because you know that it's empty rhetoric akin to something that would dribble out of Boebert's or MTG's lips and will be straightforwardly recognized as such by the audience here.
I think you might be having difficulty grasping the idea that people have marketing budgets and if say the ceo of a company you advertise on very publicly endorses hate speech it does create a brand management problem.
You want your products to not be associated with things like, say, racism, which are kind of "yucky" to a lot of people.
As a result you might refocus spending. If a bunch of people do this at once this doesn't mean there's collusion. For example, during a thunderstorm you might see less people outside. This isn't because they all colluding - people don't like being struck by lightning. Similarly, companies don't want their brands to be "yucky" to the average consumer and often its just a matter of moving the ad spending to another platform without the baggage.
You could ONLY limit this effect by banning advertising entirely.