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To me it feels like this is the opposite of capitalism. The free flow of capital is impeded by monopolies amassing huge fortunes. Just like a clogged pipe, the
by yrgulation 5y ago
To me it feels like this is the opposite of capitalism. The free flow of capital is impeded by monopolies amassing huge fortunes. Just like a clogged pipe, the free flow is then blocked and regulated by such forces. Not ideal for the overall market.
- lotsofpulp 5y agoHow is it being blocked? The share buybacks are record breaking, but investors just plow the money right back into them by buying more. The big tech companies are objectively delivering products that people around the world derive a lot of utility from.