Mark Zuckerberg recently wrote an op-ed for the Washington Post outlining a proposal for a “more active role” for government to address content and privacy issues in social media. Since I’ve commented in the past on the danger that regulatory law can pose to the crucial value of freedom of speech, I’ve been following this story closely.
I hope to have more to say about how to evaluate Facebook’s proposal in the pages of this journal in the future. But for the time being, I’d like to share an initial take on the situation from the Ayn Rand Institute’s chairman of the board, Yaron Brook, who recently appeared on an episode of John Stossel’s web series on Reason.com to discuss the situation:
Stossel opens with his signature “Gimme a break” line, suggesting that Facebook is only trying to use regulations to erect a protective wall against competitors. He’s right that companies are known to use regulations in this way, but why is Stossel so sure that this is their primary motivation?
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