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It’s interesting how competition used to be encouraged in the U.S. and now it’s pretty much the opposite. It’s all about consolidation, oligopolies and monopoli
by dd36 8y ago
It’s interesting how competition used to be encouraged in the U.S. and now it’s pretty much the opposite. It’s all about consolidation, oligopolies and monopolies.
If standards lower margins and make entering easier, that’s what should be regulated for.
- lapinot 8y agoAdding more competition isn't an answer, because competition is about individual profit, thus monopoly. Neo-liberalism, global free market etc do encourage a world-wide competition: it's already the current trend. What you probably mean is some kind of "healthy/fair competition": the fact we need to add another adjective hints that this is about doing something to balance it. I argue this is about encouraging cooperation. A good balance between both leads to interdependence, which is exactly what we would like: a state where everyone has some possibility of moving around a bit, but where nobody is free to ignore what people they interact with have to say. A ref i really want to push: "Mutual Aid: A Factor of Evolution" (1902, Kropotkine). There is a whole part mostly about the evolutionary analysis of altruism (the rest is about analyzing several human social orders throughout history: pre-medieval villages, medieval cities and 19c industrial cities).
- jessaustin 8y agoLobbyists rule, and lobbyists are employed by large firms.