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

submitted 3 months ago* (last edited 3 months ago) by drd@lemmy.ml to c/technology@lemmy.world

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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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[–] jabjoe@feddit.uk 1 points 3 months ago

See things is, I'm a Brit. Water and rail are going to be brought back under groverment control because running them privately has failed. Buses are another one where when the local government has taken back over, services have improved. Partly because they are run providing a service, not a profit.

Certain bit of society's infrastructure is better run at a loss for the better running of the wider economy. If every bit is run at a profit, the whole can be less profitable. Most countries don't have all private road system. France has lot of private motorways, which are strangely empty, because the local avoid them because of cost. Like the M6 Toll in the UK.