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Comments
Markets without regulations always become cesspools of fraud. Without any constraints a monopoly will seek to grow past it's abilities to compete fairly and the incentives will be to cross lines most would not cross and do business with power they would not have tolerated on the way to the top.
Anti-trust, monopoly busting and letting corrupt businesses fail under their own greed have all become last centuries remedies. You can't completely trust the market to adjust... even for it's own self-interest. Follow the sub-prime mortgage market fueled by CDO's and Certified Class A Mortgage Bundles. Who on the inside didn't see that somewhere down the line someone was absorbing massive amounts of crap packed as gold. It's not on my books so why do I care?
Access to the public was regulated by frequency spectrum licensing and territorial advantage. Now there are games to add fees to cover transport of paid content or I'll throttle or cause the access to fail. A type of high-tech blackmail.
Consider the recent %1,000 increase in prices for drugs like insulin, bronchial dialators and epic-pens. Turns out competitors colluded to all raise the prices on generics too. That is the market you blindly give complete autonomy and expect competition to be the solution. Without regulation competitors join ranks and signal for price increases so they all win. We loose.
Power corrupts absolutely... and it corrupts the market as well. Do we really need a police activity to watch the marketeers? I should hope so. Everyone has their hand out. There needs to be an honest cop keeping an eye out.
What an odd statement. Power corrupts ... so hand more power over to fewer people? Everyone has their hand out ... but not the politicians who empower the regulators? Politicians have my best interests in mind and not their own first?
Umm. ok.
EDITED: I change a word and a comment below will now make no sense. It was either change it or apologize.
I could do both I guess.
Regulating is a verb. Politician is a noun. Read what I wrote again. We need regulation which is performed by regulatory agencies and mechanisms (like the court system).
When I said everyone has their hand out I was talking about the nouns. Taking money when is a position of power is fraud.
Ideally their financial details would be regulated with disclosure and auditing.
You don't like my solution. What do you recommend? If it's more "trust the market" crap. I won't buy trusting people to
"do the right thing, because we'll buy elsewhere".
Distrust of politics is how we get here and only trusting our systems to work will we avoid global disorder like the early half of the 1900's. Vote for the best people you can find to manage in the public interest. Don' assume it's not worth trying since there are all corrupt liars. There are degrees of corruption and number of liars. You get to regulate who has this power with your vote. In a very almost fruitless way but it's still a regulation you can insert into the system.
... and already YT / Google has taken the video down (seriously, not kidding!). 😂
Eh. I’m actually not interested in discussing. Nor even in this thread. Shoulda kept my mouth shut ... better yet not even opened the thread.
Buh Bye.
nope, my house is my business and even if it wasn't and I was making a false equivalency about your house and your business, it wouldn't make it right to not adhere to the rules set forth by either in regards to ownership and regulations..
sure it may not be ideal for everyone, but then again everyone doesn't share the same ideals.
Was it something I wrote? or is it "I do not suffer fools" situation?
Neither. I despise talking politics ... or whatever you want to call it. it’s the most frustrating and pointless thing I can imagine doing. Especially on the Internet. I’m kicking myself for even reading the thread.
Y’all have fun.
Got it. Sorry to stir up these feelings of frustration on a great forum where we get so much value and can get away from these
concerns, I will stop. Not fun. Let's enjoy the focus on music, art and technology here.
You are confusing the meaning of business, but that is your business.
it's alright, Crackle knows that I know that he knows that I know that he knows... our discussion is harmless.
so CP you don't think youtube content creators should have the right to regulate their comment section?
I wish someone would regulate the YouTube comments section.
[Rant removed]
BTW: Regulation is a noun, regulate is the verb. Not saying I disagree with you though.
Come to think of it, where's Michael? These sort of discussions normally get closed in a matter of hours
LINKALEERT - THE LINK INSTITUTE
Institute Moves Offshore to Avoid Social Media Liability
Dateline: Pvcee Atoll, 26 June 2019
The Link Institute today announced it had moved its Internet server to
the newly established independent nation of LinkLand, on the artificial
atoll of Pvcee.
Institute director, Professor Klerphell, said that they were activating
contingency plans put in place in the event the judge ruled media
companies were responsible for defamatory remarks on their social media
platforms.
"We have been worried about this possibility for some time. Our Chinese
engineering subsidiary was able to apply its artificial island
construction skills, together with materials from our Australian waste
recycling arm, to build Pvcee Atoll in the mid Pacific. As we have
declared independence, our servers are now outside Australian jurisdiction."
Professor Klerphell slammed the Judges decision:
"Just because our organization set up a social media forum for
commercial purposes, and encouraged people to say whatever they want, we
do not believe we can be held responsible for the outcome. We were as
shocked as anyone by what some of the trolls, racists and bigots wrote
on our 'Trolls, Racists and Bigots Free-for-all Forum'. However, our
revenue stream is based on stirring up division in society, and without
that controversy we can't make large profits."
The Link Institute went on to condemn Australia for failing to protect
companies profiting from free discussion of ideas. Klerphell went on to say:
"What next, are cinemas to discourage people from shouting 'Fire!' in a
crowded room? Are we not to allow radio personalities to instigate race
riots? Are we to ban selling guns to children? What sort of nanny state
are we heading towards?"
ENDS
I guess they don't get the deal other big tech companies got.....
I change the comment above to say "Regulating is a verb." Who's watching the watchmen?
he'll come if you call him, otherwise he knows this isn't a political discussion , so don't worry.. we can respect each other and talk about youtube at the same time.
I'm all for having youtube alternatives... I think Vimeo isn't enough, we need more video solutions and more competition for sound cloud and bandCamp as well
we're all human though, it's hard for people to take responsibility when no one Is really encouraging them to do so, we blame everyone else for everything these days, even the content of our own productions. I can kind of relate as I whine about the lack of midi, panning, and sample import across the board talk about evil, there's nothing more evil than that, well maybe native instruments maschine but I don't wanna go there... too off topic