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And look no further than the many cartels that have been erected: oil, telecom, healthcare, energy, and of course banking & finance. These industries are held
by wavephorm 15y ago
And look no further than the many cartels that have been erected: oil, telecom, healthcare, energy, and of course banking & finance. These industries are held together by the government and the laws are written to keep competitors out at every scale.
- dereg 15y agoYou've nailed it. I disagree, however, with your labeling that as "conventional capitalism". That's crony capitalism, and always has been. As they say, capitalists hate capitalism.
- mseebach 15y agoMy point is that pointing the anger at corporations without equally blaming government won't fix anything.