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> If you let a company grow too large it's essentially impossible for the government to effectively regulate. Tell that to China [1]. Not to get sidetracked, t
by jmyeet 4y ago
> If you let a company grow too large it's essentially impossible for the government to effectively regulate.
Tell that to China [1]. Not to get sidetracked, this isn't a statement about the merits of what China did here, just the fact that they could do it and did it.
You are alluding to corporate consolidationg being a problem, which it is, but that's only one facet. For example, the "money = speech" regime we've been in since Citizens United v. FEC is another big one. Another big one is Reagan era propaganda that many continue to treat as fact despite decades of evidence to the contrary (eg trickle down economics, deregulattion).
The solution for the rail freight industry in particular is to nationalize the whole thing, which of course will never happen.
[1]: https://www.bbc.com/news/technology-56448688 https://www.bbc.com/news/technology-56448688