2 ms·
Somewhat ironic albiet not as explicit matching of a Chinese program of "common prosperity". It feels very hard to keep industries behaving competitively. Big
by rektide 5y ago
Somewhat ironic albiet not as explicit matching of a Chinese program of "common prosperity".
It feels very hard to keep industries behaving competitively. Big powers arise & gain massive market leverage. Anti-trust feels like a band aid, an acceptance that wealth & capitol will accumulate, & that we must regulate the overpowerful that arise. It feels like giving up on letting there be new players come in & exploit the high margins, compete freely.