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I'm no expert in any relevant field and my interpretation is, that is just how "the system" works. Pooling capital can be more efficient, and passing down gener
by karmakaze 4y ago
I'm no expert in any relevant field and my interpretation is, that is just how "the system" works. Pooling capital can be more efficient, and passing down generational wealth gives advantages that are not based on merit.
What has broken down perhaps very significantly in recent history is regulation of large corporations. That part does seem rigged more than is natural for the system.
There's a flipside too. If your country isn't doing this and others are, you could fall behind. Would it be worse to not have Apples and Googles in your country and instead have them in other countries?