The things men do in order to bring Democracy.
Was that worth it? 
Well documented registered 3600 years old artifact stolen from its original location soley motivated by making big bucks. 

#gilgamesh #tablets #olderthanJesus #stolen #ırag

Covid-19 based pandemic changed the ways of globalism deeply in the past 3 months more than the previous decade. Yet, there are still many things that don’t make sense about global capitalism. The incredible speed of capital travelling between the countries, algorithmic millisecond trading that screwing up any prospects of individuals that choose to trade daily; and of course venture-backed monstrosities like scooter- sharing, workspace-sharing, ride-sharing and also food delivery and take out service models. 

I’m aware some of those services provide great convenience. I remember before the times, changed how I interacted with the places order food. Magnets with telephone numbers covering the fridge or any other metallic surface in the house. Magnets of expired business with invalid phone numbers was a mess. 

The thing is, once backed up with venture capital those initiatives that we believe provide those convenient services and prices start to promise their investors, more than the return and convenience of their initial business model. That’s done in order to continue burning through a reality-warping amount of cash in a way that upends the basic economics of things like taxi service and food delivery and fail, intentionally, to turn a profit.

The current venture capital model is broken. There are these insanely large pools of capital creating an incredibly inefficient money-losing business model. Cash is burned to subsidize an unattainable customer convenience. They also risk damaging an eco-system of small businesses or trade guilds.  You claim you create employment yet only decrease the average income of a business or service of licenced professionals. There’s also damage on the workforce (in the long run) and social security systems  to minimize your genuine labor expenses.

Those companies target their capital on customer acquisition. At the end, only viable promise can be a  monopoly concentration and increased prices. But is that even viable? Is there any developed or democratic government that would allow this in their eco-system. Look at european union, japan  

Facebook has become a giant that doesn’t need to innovate but,  imitate the innovation from others.  Facebook gets away with it every time. The massive number of people (and their data)  on their platforms transformed Facebook into this huge distribution channel. Facebook is massive and powerful. It gets away with unethical practices such as copying some other platform’s business model into its functionality.  Just like the AI in matrix generating its energy from humans and  in return provide them with illusions and simulations within their lives.