Silicon Valley’s ideology is this: Libertarianism for me. Feudalism for thee. (mastodon.social)

submitted 7 months ago by jlou@mastodon.social to c/technology@beehaw.org

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Silicon Valley’s ideology is this: Libertarianism for me. Feudalism for thee.

https://crookedtimber.org/2023/11/15/silicon-valleys-worldview-is-not-just-an-ideology-its-a-personality-disorder/#more-52003

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[-] beefcat@beehaw.org 41 points 7 months ago

libertarianism is already just feudalism with extra steps.

[-] megopie@beehaw.org 23 points 7 months ago

It’s monarchism but they replaced the Devine right of kings/Mandate of Heaven with the “Mandate of the Market”

[-] mondoman712@lemmy.ml 31 points 7 months ago

Sooo... it's just libertarianism?

[-] furrowsofar@beehaw.org 17 points 7 months ago

This is the thing about libertarianism. Sounds good until you realize that the liberty part is only for the select few.

[-] albert180@feddit.de 19 points 7 months ago

Look at all the Hypocrisy around Silicon Valley Bank, suddenly all the libertarians were crying and begging for a bailout. And they got it unfortunately

[-] megopie@beehaw.org 13 points 7 months ago* (last edited 7 months ago)

I mean, it’s an old idea and philosophy in the US, that of the old manor lords of Maryland, Virginia and Delaware. They held their liberties in great regard, but only their liberties.

See because they’re special and the smartest bestest people who should definitely be trusted to make decision with no oversight. How could they possibly be where they are now if they were not the most suited to make decisions? I mean I’m sure if they make bad decisions I’m sure the market will punish them and take away their power, and if it never does well then clearly they’ve never made a mistake! Oh and if they do something wrong and the market doesn’t punish them, well clearly it’s because regulations distorted the holy will of the market! There for we should get rid of more regulations, because that will definitely improve the situation.