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Early markets were fueled by capital, not competition. Capital needs to be reigned in with these monopolies or we’ll just sprout more. Let’s not pretend like co
by monadic2 6y ago
Early markets were fueled by capital, not competition. Capital needs to be reigned in with these monopolies or we’ll just sprout more. Let’s not pretend like competitive markets are possible with the kind of capital needed to compete.
- erichocean 6y ago> Let’s not pretend like competitive markets are possible with the kind of capital needed to compete. The entire purpose of injecting capital in such large amounts is to prevent competition. That's literally the entire point.