Quotidien Shaarli

Tous les liens d'un jour sur une page.

December 21, 2022

Google, Facebook, Amazon - The rise of the mega-corporations | DW Documentary - YouTube
thumbnail

Mega-corporations like Amazon and Facebook are becoming more powerful. And their growth shows no signs of slowing down. They are in the public eye -- but are they also above the law?

The pandemic has only made the "big four” -- Apple, Amazon, Google and Facebook -- more influential. Our data has become big business. But are these corporations out of control?

Experts have long watched as corporations like Apple and Amazon flout antitrust laws, while receiving special treatment: When it comes to wages, taxes and laws, these corporations seem to rewrite the rules as they go. Many critics consider Facebook and Google’s systematic data exploitation a violation of our core democratic principals. Moreover, the line between the state and mega-corporations is growing even foggier. Some states believe there is simply no way around these giants. Corporate power seems like it is here to stay.

Market driven surveillance undermines our sovereignty and thus the very foundation of Western democracies. There is a storm brewing both in the U.S. and Europe. But the corporations are ready for it. Will they continue on this dangerous trajectory, or is there some chance we can still rein them in?

How cash is becoming a thing of the past | DW Documentary (Banking documentary) - YouTube
thumbnail

Cashless payments are on the rise. They are fast, easy and convenient. Worldwide, cashless transactions have become the norm.

But Germany’s central bank and government are still clinging on to cash. Can they stop the move towards a cashless society? Our documentary shows who is behind the worldwide anti-cash lobby. Banks want to get rid of coins and bills for cost reasons, and politicians think less cash will cut the rug out from under criminals and terrorists. Central bankers want to abolish cash because it would make it easier for them to enforce negative interest rates. And digital payment companies like Paypal or Visa simply want to profit from money transactions and collect as much financial data about consumers as they can. Their aim is to gain complete control over our buying behavior. For example, the "Better than Cash Alliance" in New York is supported by financial corporations such as Visa or Mastercard. They say the more people that are integrated into the international financial system, the more growth and jobs it will promote. But as our financial behavior becomes more and more transparent, states are also using payment data to find out more about us. The ordinary citizen’s view of cash as a store of value, independent of third party interests, is being increasingly ignored. But for them, cash is and will remain a symbol of freedom.