Who is your preferred Democratic presidential candidate, and why? (lemmy.world)

submitted 3 months ago by Iceblade02@lemmy.world to c/asklemmy@lemmy.world

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I'm interested to see what lemmy thinks of this, I honestly haven't kept track of the potential options.

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[-] andrewrgross@slrpnk.net 3 points 3 months ago* (last edited 3 months ago)

If I can be frank, I'm reading from your tone that you're not here for polite, factual persuasion. But if I'm wrong, or someone else sees this, I gotta drop a fact check on the 'Lina can't win cases' myth:

https://www.thebignewsletter.com/p/out-with-a-bang-as-ftc-beats-the

More practically, this loss discredits the main argument from Wall Street. Dealmakers, and thinkers like Larry Summers, have often said that while Biden antitrust enforcers are aggressive, if corporations are willing to go to court, the government is likely to lose because judges won’t let them rewrite the law. This narrative was so strong that Lina Khan and Jonathan Kanter were questioned in Congress as to whether they were even trying to win. It’s always been a narrow and bad faith critique, but this victory, plus, the win in the Fifth Circuit over Illumina, should put that narrative to rest. Antitrust lawyers will tell their clients to go to court at their peril.

It's kind of a deep dive, but it's worth it.

[-] sunzu@kbin.run -2 points 3 months ago* (last edited 3 months ago)

This issue won't be solved via executive agency.

It requires an act of congress since the current regulatory regime is broken.

She just got put in place for act like feds are doing something. It is a circle jerk.

I get that y'all spinning anything you can latch on as a W for the Democrats such as people are making more money under biden ... lol

If you think that limp dick FTC has the power or the legal underpinning to regulate mega corps in 2024... Have fun!

[-] andrewrgross@slrpnk.net 1 points 3 months ago* (last edited 3 months ago)

You know, for a guy with the username "Sunzu", I feel like you're demonstrating a remarkable lack of vision of power dynamics.

First, I'm not a Democrat. I'm not invested in holding up that party.

Again, I'm talking more to any audience than you in particular: when someone says that any attempt to use power creatively is a waste of time, I think that is either ignorant or in bad faith. The SIZE of any given effect or the use of resources in one place or another can be certainly debated, but the logic of the revitalized antitrust movement is very, very sound. Power has been left unused, and now people like Khan and Jonathan Kantor are learning how to use it again, and showing others.

The logic you're outlining runs in contradiction to what we might call "The Bork consensus". A lot of the issues we face WERE developed through regulatory capture rather than legislation, led by Robert Bork under Reagan. If you don't want to use that power for anything, feel free, but I'm going to evangelize using every tool available. And these are pretty big ones.

this post was submitted on 21 Jul 2024

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