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> Google, Amazon, Facebook, Alibaba, Apple, FedEx, UPS, AT&T, and WalMart are all very centralized. And that level of centralization and oligopoly is leading t
by cirgue 8y ago
> Google, Amazon, Facebook, Alibaba, Apple, FedEx, UPS, AT&T, and WalMart are all very centralized.
And that level of centralization and oligopoly is leading to the exact kinds of problems predicted by economists for the last century: poor service, increased cost, lack of real innovation. Centralization is still as bad as it’s always been. Nothing has changed on that score.