4 ms·
The government does nothing for several reasons. 1) People prefer Walmart and Amazon to driving down town to some mom and pop store. 2) Walmart and Amazon do pr
by snarf21 5y ago
The government does nothing for several reasons. 1) People prefer Walmart and Amazon to driving down town to some mom and pop store. 2) Walmart and Amazon do provide jobs (the quality is questionable) and the government needs its citizens to have jobs. 3) Although people may have lower wages, the economies of scale give people greater buying power. Stores downtown need to pay rent and heat and carry inventory. The money for that needs to come from somewhere.
That being said, the SEC and FTC need to start doing their jobs. They have failed us in the 21st century. We need to rollback all these mega-mergers and stop allowing them to move forward, not just in tech but also in banks and media.
- papito 5y agoWhy do you thing certain people LOVE "small government"? It has nothing to do with their freedoms. It has everything to do with more corporate tax loopholes and a toothless set of regulatory agencies that have no resources to do anything meaningful to protect the public good. The government got weaker, and they got stronger. It's not even a fair fight.