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> Read up on Lawrence Lessig for an unpopular(sadly) view and many pervasive instances of corporate socialism and legitimized corruption, aka: lobbying. I read
by mac01021 9y ago
> Read up on Lawrence Lessig for an unpopular(sadly) view and many pervasive instances of corporate socialism and legitimized corruption, aka: lobbying.
I read his book about lobbying and campaign finance. I don't recall that it did much to point out specific cases where a person or corporation lobbied for the government to create anticompetitive conditions. It might have been a more persuasive book if it had.
> Mega corporates bleeding red until the competition can no longer afford to compete, closes shop and we are left with oligops in most categories.
This is indeed a thing that happens a lot. But it does not mean the government has been used as a tool to suppress competition.
- tunap 9y agoI don't recall the title ATM, but he laid out a pretty thorough description on how ADM & Monsanto have gamed the system. So when people talk about farmers+subsidies is good to know a large % goes to those two companies. If memory serves was in excess of 80 or 90%. Quick search resukts didn't jump out at me.