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It’s a false view that markets will regulate themselves. They tend not to beyond what their clientbase deems acceptable or not. So we have big tech which underm
by prox 5y ago
It’s a false view that markets will regulate themselves. They tend not to beyond what their clientbase deems acceptable or not. So we have big tech which undermines democracy, and in the US democracy is skewed because people aren’t properly represented because of lobbyists and gerrymandering (and sponsorship by corporations instead of their constituents)
So this vicious circle is hard to break if we aren’t will to break with old ways.