Slate: Let’s Nationalize Facebook

[Liberty]

http://www.slate.com/articles/technology/future_tense/2012/08/facebook_should_be_nationalized_to_protect_user_rights_.html

 

I'm posting this for laughs. It's so ridiculous..  ;D I'm fascinated by people who understand business and economics so little, as well as government and civil liberties.

[Guest rimm_never_sleeps]

facebook "already a monopoly"? lol. I guess somebody ought to tell peter thiel this because he just sold $1b or 95% of his stock as soon as he possibly could.

[eclecticvalue]

Well he does invest in many start up companies. So he can liquidate his facebook stake and invest in many start-up companies. There is a possibility of another facebook occurring and create a portfolio of rich companies.

[Guest valueInv]

facebook "already a monopoly"? lol. I guess somebody ought to tell peter thiel this because he just sold $1b or 95% of his stock as soon as he possibly could.

 

Judging by the track record of his hedge fund, I would take his actions with a grain of salt.