this post was submitted on 13 Mar 2024
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Tech Titans Are the Robber Barons of Our Gilded Age (jacobin.com)
submitted 8 months ago by boem@lemmy.world to c/technology@lemmy.world
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[–] PhlubbaDubba@lemm.ee 1 points 8 months ago (1 children)

in the 50s‽ Yeah sure whatever ya say.

[–] rottingleaf@lemmy.zip 1 points 8 months ago (1 children)

Yes, you might have noticed that Microsoft, Google, Apple etc are the kind of companies which didn't exist back then.

[–] PhlubbaDubba@lemm.ee 1 points 8 months ago

Yeah, instead there was a bunch of fruit companies, IBM, and GM.

The most bloated corporate valuation in history was the South Sea Company, and that fiasco went down in the 1700s.