Waking Ideas Publishing - Politics & Economics
Written By Danny Nicolas
It comes with no surprise that the most sensible article yet regarding the Facebook IPO comes from The Verge, written by Tim Carmody. The article is titled, "Facebook IPO: lawsuits and accusations cloud the bigger issue".
Can it really continue to grow using strategies from a desktop age in an increasingly mobile world? Are its accounting practices on the level? Does Zuckerberg still have too much control and too little accountability? Does advertising on Facebook even actually work?
There are also longstanding problems of too little transparency and too much privilege in our financial system that remain unaddressed. Many of us projecting our causes and anxieties onto this event, or using it as an excuse to let them loose.
It's easier to look for bogeymen than to face up to problems without easy solutions and questions without easy answers.
Published on Wednesday, May 23rd, 2012 at 6:21 pm | Both comments and trackbacks are currently closed.