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Bitwarden New CEO has extensive M&A, Private equity experience, Removes Transparency from its Motto (www.fastcompany.com)
submitted 5 months ago by to c/technology@lemmy.world
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I find this move concerning, and wish that the Founder had looked for a new CEO that shared his values rather than a Private Equity and Mergers Expert.

Furthermore, the change to the GRIT motto is worrying. Trust is useless without Transparency when it comes to code and security.

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[–] 84 points 5 months ago (6 children)

it's all motivated by the accumulation of wealth = capitalism

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  • [–] 11 points 5 months ago (5 children)

    Accumulation of power is a common motive regardless of political system. Money is just one way power gets expressed.

    Not claiming our system is perfect by any means. But this thought, to me, always felt like kicking the can down the road.

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  • [–] 3 points 5 months ago

    That might qualify as an argument but the enshittification of everything hasn't gained anyone power, only money. Cuba was curing cancer before we started more war crimes in order to prove socialism doesn't work, while we're financing fast food.

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  • [–] 2 points 5 months ago

    I think there's a difference though, in that capitalism rewards this kind of innate motive, while socialism doesn't, so I think it would be much easier to build a system based on that that's not fucked from the foundations like capitalism is. The societal benefits of capitalism always feel like an accidental side effect at most, when it should be at a heart of any economy system.

    Also it definitely seems that holding power over others warps the human mind, so I would definitely advocate for distributing policy-making power as evenly across the population as possible.

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  • [–] 2 points 5 months ago (2 children)

    Kicking the can down the road implies you have a better solution?

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  • [–] 4 points 5 months ago (1 child)

    A solution that stops evil people from being greedy for all of future society, gaming whatever our system is to hoard resources? No, I don't.

    Whether under capitalism or socialism, either system would need frequent attention and intervention by thoughtful, socially responsible people to watch for abusers of the system.

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  • [–] 1 point 5 months ago

    Right, but Capitalism incentivises this behaviour, thus making the checks and balances required both more robust and needing to be applied for regularly - while the powerful are capable of preventing this.

    On the other hand, Socialism has incentives that are completely different - managing the abusers would be a much simpler task.

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