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>The Economist is pro-market I'd say the Economist is pro incumbent-centric market
by elevenoh 5y ago
>The Economist is pro-market
I'd say the Economist is pro incumbent-centric market
- simonh 5y agoAre you reading the same paper? They rail against the power of incumbents all the time, what they really advocate for is competition. Take these last few sentences in an article from last November on the impact of the pandemic: https://www.economist.com/leaders/2020/11/26/will-big-firms-benefit-from-the-covid-crunch https://www.economist.com/leaders/2020/11/26/will-big-firms-... "Yet the rapid changes that have been forced on many industries are leading to innovation that will outlive the pandemic—and in some cases are leaving incumbents less mighty than before. Consumers and trustbusters alike must hope that these newly competitive parts of the economy remain hotly contested long after the pandemic abates."