The ultimate goal for any capitalist worth his pinstripes is not to compete in a free market, it’s to get control over a market. Merge. Acquire. Consolidate. Sq

The ultimate goal for any capitalist worth his pinstripes is not to compete in a free market, it’s to get control over a market. Merge. Acquire. Consolidate. Squeeze. Fewer competitors means less competition. I'd argue that this is not capitalism he's describing. Capitalism, as Smith described it, involved relatively small businesses competing with each other -- not the quasi-fascism that the author describes.