• Mars@beehaw.org
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    1 year ago

    Those damned capitalist corporations, always working for leftist causes!

    Comrade Business dude is really giving poor Elon a spanking.

    • Wigglehard@exploding-heads.com
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      1 year ago

      I would say that companies like Black rock, headed by Larry Fink they push E.S.G. or basically Chinese social credit score type things for lack of better words and essentially they are trying to reshape society. They encourage certain things like say, for example, the celebration of pride month, which I actually don’t have a problem with But that’s not really the subject of this conversation. I would say that Black rock and or companies like it that divvy out loans to companies give companies this social credit score like China does to its citizens and if you go against the grain with companies like Black rock, then you don’t get the loan. I feel like Twitter has gone against the grain in a sense, and is now paying the price for better or worse

      • Mars@beehaw.org
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        1 year ago

        USA has been using credit scores since the 50s. It’s a banking thing. Chinese Social Credit does not work like you think it works.

        Blackrock doesn’t give a damn about pride, it’s just good for business to do not look like a bigot right now. Liberals simply have more money, liberal cities are bigger and better markets. Liberals right now are pro gay rights. IF liberals get transphobic you will see a tarnsphobic Blackrock. They have no moral agenda. They only want to own everything and collect rent. Blackrock makes investments in private equity, stock market and real state. It’s not a loaner. Your bank is who will deny you a loan because “computer says no”.

        Twitter is just bad business dude. It’s badly managed. If advertising in Twitter meant more money every corporation would be purchasing adds, but even before Elon backstabed the workers, destroyed the contracts and infrastructure and loaded the company with billions in debt Twitter was shrinking. The presence in the zeitgeist is totally artificial, because celebrities, politicians and journalists are obsessed with it. But Pinterest has more users than Twitter.