this post was submitted on 09 Aug 2024
909 points (99.5% liked)
Technology
59219 readers
2821 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I've wondered about this, killing the "company" never really seemed like that big of a deal, as the structure (both physical building/tool/systems and operationally) don't simply vanish. You still have the knowledge and skillsets in the population, and the supply chains still exist.
The real problem with these "too big to fail" entities is that the people pulling the levers that cause failures never have any consequences whatsoever.
Yeah, you'll always need banks, energy, transportation, defence etc - operational mechanisms for exchanging goods, building, buying etc will never go away or 'fail' - but their operational practices absolutely could and should change
I'm so sick of the wealth class abusing absolutely everything to guarantee themselves more money than they could ever spend.