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Mostly agreed - we're saying the exact same thing here. You'll also find that going back in time there were also far fewer rules against individual entrepreneu
by TangoTrotFox 8y ago
Mostly agreed - we're saying the exact same thing here.
You'll also find that going back in time there were also far fewer rules against individual entrepreneurship. And where there were rules they were enforced in a more sane fashion. E.g. - even if a kid's lemonade stand isn't obeying regulation 3753 section 3, or city ordinance 4725-4 or whatever, you don't go and shut down the stand as the stand is doing nothing but good for everybody.
But as we transition towards corporatism rules against large companies start to disappear or fail to be enforced, while those rules against small companies and individuals start to grow and become unreasonably burdensome as well as extremely actively enforced.
The one part we don't agree on is why corporations are allowed to merge. For instance it's quite evident that Time Warner alone has already exploited their monopoly to increase prices unreasonable. Internet service in America is far more expensive than in many parts of the world, yet the quality is not particularly remarkable. And there's no justifiable reason. It's just companies agreeing not to compete and then jacking up their prices. Because of this it's not reasonable to suggest they're being technically allowed to merge/acquire further competitors because there's no evidence that they won't do what they're already doing. This is just another aspect of corporatism where rules disappear as companies grow large enough.