3 ms·
This shouldn't be down-voted. Just because you don't like something Lenin did doesn't mean all his observations are wrong. I recently found https://ilr.law.uio
by Ericson2314 6y ago
This shouldn't be down-voted. Just because you don't like something Lenin did doesn't mean all his observations are wrong.
I recently found https://ilr.law.uiowa.edu/print/volume-100-issue-5/all-i-really-need-to-know-about-antitrust-i-learned-in-1912/ https://ilr.law.uiowa.edu/print/volume-100-issue-5/all-i-rea... which was a great read. Eugene V Debs had a similar conclusion about consolidation being inevitable, but thought that that was a good thing.
And to be clear, whether competition is possible / what's the right trade-off between efficiency and robustness, is really important to grapple with. If we don't know how to e.g. break up Google, proposals like having workers on boards become dramatically more essential.
- sdinsn 6y ago> This shouldn't be down-voted. Just because you don't like something Lenin did doesn't mean all his observations are wrong. He is probably being downvoted for saying that consolidation will lead to feudalism. That is a ridiculous idea that deserves a downvote!
- tonyedgecombe 6y agoHe said a "feudalist economy" which seems an apt description for an economy run by a handful of companies.