3 ms·
It's not zero-sumness that makes me distrustful of unregulated capitalism, but this quote from the article: "with numerous studies recording how it sucks the e
by DarkKomunalec 9y ago
It's not zero-sumness that makes me distrustful of unregulated capitalism, but this quote from the article:
"with numerous studies recording how it sucks the energy out of a locality, overpowering the competition through sheer scale and forcing the closure of mom-and-pop stores"
I.e., bigger companies have advantage over smaller ones due to economies of scale, even without resorting to corrupting public officials. This means money and power get ever more concentrated, and power -is- a zero-sum game. And no-one wants to be at the mercy of multinational corporations - at least kings had to (at least pretend to) care about their subjects.