• jarfil@beehaw.org
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    6 months ago

    the overwhelming majority of investment and control in TikTok

    Let me stop you right there. The idea of “investment == control” is a capitalist fantasy, not a real-world thing.

    Real world is:

    • Preferred shares
    • Veto power
    • 99% worker owned (represented by the CCP) with 1% capitalist investor owned

    …and other variations on who gets the control.