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I think the mechanism behind that is a sort of "colonial expansion" essentially where the newer area of development and wealth have less legacy, regulatory capt
by Nasrudith 6y ago
I think the mechanism behind that is a sort of "colonial expansion" essentially where the newer area of development and wealth have less legacy, regulatory capture, and less sunk costs into the status quo similar to general anti-cannabalization of old and large companies falling behind. That and other forms of consolidation of power to slow the overall systems down.