European politicians in the 19th century never looked at the US railroads and asking 'why don't we have as many robber barons as the USA?' Yet modern European politicians seem to have this exact reaction to the tech industry.
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European politicians in the 19th century never looked at the US railroads and asking 'why don't we have as many robber barons as the USA?' Yet modern European politicians seem to have this exact reaction to the tech industry.
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European politicians in the 19th century never looked at the US railroads and asking 'why don't we have as many robber barons as the USA?' Yet modern European politicians seem to have this exact reaction to the tech industry.
@david_chisnall I also notice that, but I have problems understanding. "They were smarter back then" seems false.
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@david_chisnall I also notice that, but I have problems understanding. "They were smarter back then" seems false.
Oh, they almost certainly weren't, but the financial systems were simpler to understand and, even though the consequences and power structures are now the same, they're less obvious to people who don't look closely.
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Oh, they almost certainly weren't, but the financial systems were simpler to understand and, even though the consequences and power structures are now the same, they're less obvious to people who don't look closely.
@david_chisnall but that's their only job!
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Oh, they almost certainly weren't, but the financial systems were simpler to understand and, even though the consequences and power structures are now the same, they're less obvious to people who don't look closely.
@mms @david_chisnall The US govt enacted various pieces of legislation including the Interstate Commerce Act and the Sherman AntiTrust Act and *enforced* them. The whole antitrust framework in US lies in tatters. But I too remain startled that Europe (inc UK) has not campaigned for US to regulate properly rather than being envious of such consumer abuse - it all hurts US consumers too. Of course we are in a 4 year interregnum where no sense can prevail…
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European politicians in the 19th century never looked at the US railroads and asking 'why don't we have as many robber barons as the USA?' Yet modern European politicians seem to have this exact reaction to the tech industry.
@david_chisnall I guess European polititians were too busy colonising and raping the rest of the world to care about small change robber barons in the US. What with the rest of the world to plunder.
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European politicians in the 19th century never looked at the US railroads and asking 'why don't we have as many robber barons as the USA?' Yet modern European politicians seem to have this exact reaction to the tech industry.
@david_chisnall I'm pretty sure at the time European politicians considered the US a cultural backwater (?) they're a bit more star struck these days even though they have outhouses older than the US
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@mms @david_chisnall The US govt enacted various pieces of legislation including the Interstate Commerce Act and the Sherman AntiTrust Act and *enforced* them. The whole antitrust framework in US lies in tatters. But I too remain startled that Europe (inc UK) has not campaigned for US to regulate properly rather than being envious of such consumer abuse - it all hurts US consumers too. Of course we are in a 4 year interregnum where no sense can prevail…
@drdrmc @david_chisnall TBF, Europe was cultural colony of US since after WWII. Only now we are seeing cracks.
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European politicians in the 19th century never looked at the US railroads and asking 'why don't we have as many robber barons as the USA?' Yet modern European politicians seem to have this exact reaction to the tech industry.
@david_chisnall While there are very apposite points made in this thread, I think people overlook the worldview of the European 'Elite' at that time; Education was based on the 'Classical' idea of the Graeco-Roman Civilization and 'Robber Barons' were Mediaeval, therefore the product of 'Dark Age Chaos'.
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European politicians in the 19th century never looked at the US railroads and asking 'why don't we have as many robber barons as the USA?' Yet modern European politicians seem to have this exact reaction to the tech industry.
@david_chisnall Because Xtian values formed (allegedly!
) 'the backbone of European Values - judiciously ignoring the bit where Greece and then Rome collapsed leaving only the Eastern Roman Empire and the massive role Muslim scholars played in preserving the academic works of that era while the Church decreed such teachings 'Heresy'. -
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