4 ms·
Something I've contemplated lately is what I call the chaos monkey economy. Since it's hard to politically gather the will to fight any given monopoly, we shoul
by lordnacho 6y ago
Something I've contemplated lately is what I call the chaos monkey economy. Since it's hard to politically gather the will to fight any given monopoly, we should just roll dice to do it.
Every year we look at firms above some size, and if they fail the saving throw, we liquidate them. Everyone who works there gets 6 months severance, all supplier contracts are terminated, everything they supply likewise. Get a bankruptcy administrator to sell the chairs and real estate, give the shareholders whatever is left.
If it's truly valuable what they do someone will find a way to do it again. If it's just a power position they were exploiting, we'll be free from their tyranny.
- AnIdiotOnTheNet 6y ago> If it's truly valuable what they do someone will find a way to do it again. It is better than that. If it is truly valuable we'll already have someone else doing it just because of the risk of it failing its saving throw.
- dd36 6y agoProgressive corporate taxation. Want to be large? Pay a higher tax rate.
- gen220 6y agoThis is a fun thought experiment! I also agree, that we lose real and valuable economic agility, when we fail to let big companies die and be picked apart / liquidated. We effectively eliminate the bottom half of the food chain (decomposers, etc), to keep formerly apex predators alive with processed food pellets, in a zombie like state. But one day we’ll run out of food pellets, what will happen then? We don’t allow whales to fall anymore [1]. And it hurts the ecosystem. [1]: https://en.m.wikipedia.org/wiki/Whale_fall https://en.m.wikipedia.org/wiki/Whale_fall