Facebook is a capitalism problem, not a Mark Zuckerberg problem

Facebook is a capitalism problem, not a Mark Zuckerberg problem

5 years ago
Anonymous $9jpehmcKty

https://www.vox.com/recode/2019/5/10/18563895/facebook-chris-hughes-mark-zuckerberg-break-up-monopoly

Regulating social media is more important than breaking up Facebook.

Facebook co-founder Chris Hughes’s call to break up the company hit like a bomb Thursday. But the more I thought about his proposed solution, the less confident I was that it addressed the right problem. I don’t think Facebook should’ve been permitted to buy Instagram or WhatsApp, and I’m not opposed to severing the connection now. But Hughes’s confidence in the healing power of competition is misplaced.