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Trust-busting was a thing in the past, Teddy Roosevelt was known as the trust-buster, and ran against Taft with the Bull Moose party, splitting the R vote. Taft

Trust-busting was a thing in the past, Teddy Roosevelt was known as the trust-buster, and ran against Taft with the Bull Moose party, splitting the R vote. Taft actually was more prolific with trust-busting than Teddy, it may be his biggest presidential legacy. Gary Kasparov pointed this Taft fact out as well, so people are thinking about the need to break up monops. I sort of worry with a global system, you break up a local monopoly, will a foreign monopoly take over the vacuum?

geezerjay 8y ago
> I sort of worry with a global system, you break up a local monopoly, will a foreign monopoly take over the vacuum? I share your concern, but I perceive it slightly differently: state-sponsored corporations of very uncapitalist regimes such as China are free to throw their weight around to derail and manipulate capitalist economies to their favour. How can a free and democratic nation ensure that their capitalist system can function if a super-power is dedicated to sabotage it to help further their agenda?
- gizmo686 8y ago
  Limit free trade. This isn't even restricted uncapitalist uncountrys [0]. With absolute free trade, you end up undermining the laws of every juristiction unless you have some authority who can set common rules. This is great when we are undermining laws of nature, much more case dependent when we are undermining explicit policy decisions. [0] And frankly, what country is entirely capitalistic in all of its industries.