![Today's big tech companies have too much power - too much power over our economy, our society, and our democracy. They've bulldozed competition, used our private information for profit, and tilted the playing field against everyone else.
With fewer competitors entering the market, the big tech companies do not have to compete as aggressively in key areas like protecting our privacy. And some of these companies have grown so powerful that they can bully cities and states into showering them with massive taxpayer handouts in exchange for doing business, and can act-in the words of [Facebook CEO] Mark Zuckerberg-"more like a government than a traditional company." (Elizabeth Warren)](https://cdn.quotesdtb.com/img/quotes_images_webp/69/elizabeth-warren-big-bully-1016769.webp)
Today's big tech companies have too much power - too much power over our economy, our society, and our democracy. They've bulldozed competition, used our private information for profit, and tilted the playing field against everyone else. With fewer competitors entering the market, the big tech companies do not have to compete as aggressively in key areas like protecting our privacy. And some of these companies have grown so powerful that they can bully cities and states into showering them with massive taxpayer handouts in exchange for doing business, and can act-in the words of [Facebook CEO] Mark Zuckerberg-"more like a government than a traditional company."
Elizabeth WarrenRelated topics
business company everyone field government key mark market playing power profit showering taxpayer traditional words ceo facebook States techRelated quotes
A fight between several parties of the British people: Nothing of the kind! A fight between two or three big money combines, that and nothing else. Without the weight of money behind the party machines, in an electoral battle today determined purely by principle and by the number of active workers...British Union could fight and beat today the old parties over the whole electoral field. But you know and I know, the battle is nothing of the kind. The battle is between big money combines who spend a thousand pounds or more on every constituency they fight. Or when they speak democracy, they don't mean government by the people...they mean financial democracy, in which money counts and nothing but money.
Oswald Mosley
Some economists also use the terms Fordism and pos-Fordism to mark the shift from an economy characterized by the stable-long-term employment typical of factory workers to one marked by flexible, mobile, and precarious labor relations: flexible because workers have to adapt to different tasks, mobile because workers have to move frequently between jobs, and precarious because no contracts guarantee stable, long-term employment. Whereas economic modernization, which developed Fordist labor relations, centered on the conomies of scale and larga systems of production and exchange, economic postmodernization, with its post-Fordist labor relations, develops smaller-scale, flexible systems.
Antonio Negri
...when we became independent and Nehru spelt out his vision, we appeared to be the leader, we are the only country which articulated the aspirations of Asia as a whole for the first time. Then other countries, small countries, big countries have come up asserting themselves, and, but still we are, because of our economic development, everybody knows that India is geographically a big central chunk of Asia and that it is an expanding economy. It is a technologically progressing society and in every field it is making a mark. And everybody recognises this role of India, but I think we have to articulate our position in Asia, in a new way, in a new set of circumstances that would appeal to everybody.
K. R. Narayanan
Should the United States seek so-called energy independence in an elusive effort to insulate this country from the impact of world events on the economy, or should Americans pursue the path of international engagement, seeking ways to better compete within the global market for energy? Like the Council's founders, I believe we must choose the course of greater international engagement ... The central reality is this: The global free market for energy provides the most effective means of achieving U. S. energy security by promoting resource development, enabling diversification, multiplying our supply channels, encouraging efficiency, and spurring innovation.
Rex Tillerson
The natural effect of unfettered market competition is socialism. For a short time the innovator receives a large profit, as a reward for being first to the market. Then, as competitors adopt the innovation, competition drives these profits down to zero and the price gravitates toward the new, lower cost of production made possible by this innovation (that price including, of course, the cost of the producer's maintenance and the amortization of her capital outlays). So in a free market, the cost savings in labor required to produce any given commodity would quickly be socialized in the form of reduced labor cost to purchase it.
Kevin Carson