For all its noble aspirations, social media is pure commercial enterprise

 

Of overdue, human beings on Twitter have noticed that Twitter blocks bills of people who whine in opposition to harassment of ladies. But men who harass girls cross scot free. It is not any coincidence that the men who harass women seem to be related to effective political establishments while the girls who bitch aren’t. It isn’t clear, consequently, whether the act, by using the social media barons and their crew, is towards women or in favour of political parties. It all comes right down to business. For all its noble aspirations, social media is ultimately a commercial enterprise, whether it’s miles Amazon, Twitter, Facebook or Apple.

People spend money on era to make money. Twitter exists to make money. Amazon exists to make money. Uber exists to make money. To make money, you need get right of entry to markets. To benefit access to markets, you need to make sure that the controller of the market favors you. If the controller of the market shuts the door on you, you haven’t any possibility to enter the marketplace. If you can not input the marketplace, you cannot make cash. There is a fantastic demand for social media. It is a demand that changed into created through exploiting latent needs and emotive generation. But while the vision assertion of the business enterprise regularly speaks approximately how the motive of social media is to transform the world, this is alas not real. It is designed to boom shareholders value. Business faculties educate management by goal (MBO) that’s continually approximately being clean approximately what our purpose is. All the Aristocracy apart, in the end, business is about increasing shareholder fee. Therefore, new organizations are often in debt; but the valuation is so high, that it doesn’t be counted, even though the enterprise is in debt, due to the fact the cost of the business enterprise is far greater than the actual money spent. China has, very cleverly, from its historic times, used its wall, and nowa days, used its firewall, to limit get admission to to the marketplace. So, while it is a supplier to the world, it very cautiously controls what enters its marketplace. Therefore, many social media corporations haven’t any get right of entry to to the Chinese market, alternatively the Chinese have created their own products, that have now reached a degree that if they’re released outside the Chinese firewall, they are able to destroy groups that emerge from Europe and America.

Clearly, we comprehend how politics and economics are intertwined. Chanakya Artha Shastra is less approximately economics and more about manoeuvring political electricity to harness the wealth of the market, in favour of the king. It isn’t about growing a wealthy ecosystem for the topics, or about making traders rich, it is approximately making sure the electricity of the king. Although Chanakya acknowledges the reason of the king is to create a first-class enterprise ecosystem for subjects, it’s miles closely aligned with how the king uses this atmosphere to preserve his electricity.

 

 

If one reads the Books of Exodus inside the Old Testament of the Bible, one realises what happens in markets. When the markets grow to be exploitative, that is described metaphorically as slavery in Egypt, a brand new entrepreneur comes with the offer of a promised land (vision declaration). The complete market moves with him to the Promised Land, wherein we are informed there may be greater freedom and dignity. However, over the years, the Promised Land, on becoming rich, establishes partitions and firewalls and the antique saviour finally ends up as the new king, who controls and enslaves the humans he had as soon as liberated.

So, we’ve a non-stop cycle of slavery and liberation, with slavery being mounted by using vintage business and liberation promised with the aid of new business. The cycle keeps as economics enmeshed with politics. The king, sooner or later, wants to manage the market and by means of controlling the marketplace finally ends up destroying it. This is the cycle of increase and bust that we see everywhere. Right now, social media is being an increasing number of controlled with the aid of political forces, with a purpose to mark its death until a brand new opportunity comes and a brand new vision announcement is furnished. Then we flow to a new Promised Land, as we admit that social media has failed the interests of the bigger public.

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