Tim Wu, "The Curse of Bigness" (w/ Rep. David Cicilline)

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Politics and Prose

Politics and Prose

5 жыл бұрын

Tim Wu discusses his book, "The Curse of Bigness", at Politics and Prose on 11/17/18 with Rep. David Cicilline (D-RI) contributing opening remarks.
In this analysis of digital age oligopolies, Wu, the author of The Attention Merchants, a member of President Obama's National Economic Council, and, not least, the man who coined the phrase “net neutrality,” looks at how the dominance of a few large companies has strained the national economy and subverted capitalism’s promise to create broad-based wealth, and proposes ways to bring the system back to a human scale. A century ago, Justice Louis Brandeis described the social and economic problems of his time as deriving from the “Curse of Bigness”; now, with Big Pharma, Big Tech, and corporations “too big to fail” becoming everyday realities, we may face that curse again.
www.politics-prose.com/book/9...
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Produced by Tom Warren

Пікірлер: 3
@vanesaflores1863
@vanesaflores1863 5 жыл бұрын
This was wonderful - thank you for your invite on monopolies Tim Wu. It has given me a new perspective on the potential dangers of monopolies pose on the people's rights.
@Achrononmaster
@Achrononmaster 5 жыл бұрын
Yeah, ok, but monopolies are not the problem. The problem is the profit motive. Most people will create great products when allowed to and when the incentive is to be helpful. That’s why despite being a complete a-hole, Steve Jobs created one of the most successful capitalist companies ever but by putting user experience ahead of profit motive. So few have ever done the same, so we gotta get rid of capitalism, it just does not incentivize good business. People like Jobs would flourish equally as well under a social democracy. Money and wealth can still be drivers for mediocrity, but we need to free human potential by allowing people to create for essentially the fun of it, like the great Richard Feynman did his physics.
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