4 ms·
Not to get too tinfoil hat about it, but an economy controlled by a number of equity firms one can count on a single hand, with fingers to spare, hardly seems a
by smitty1e 3y ago
Not to get too tinfoil hat about it, but an economy controlled by a number of equity firms one can count on a single hand, with fingers to spare, hardly seems a "free market".
Hence recent developments of large brands committing billion-dollar acts of seppuku in near-realtime: somebody is pulling strings in non-obvious, non-"free market" ways.
It's a zany time to be alive, and one hopes that sites like this one can help redistribute a "free market" sensibility that seems on the wane.
- SamoyedFurFluff 3y ago> large brands committing billion-dollar acts of seppuku in near-realtime Could you cite examples? I don’t really keep up to date with the news so I would like to know?
- smitty1e 3y agoBud Light
- SamoyedFurFluff 3y agoOkay, what else? One company doesn’t really indicate to me a trend
- smitty1e 3y agoTarget.
- philwelch 3y ago> Not to get too tinfoil hat about it, but an economy controlled by a number of equity firms one can count on a single hand, with fingers to spare, hardly seems a "free market". Is this the index fund conspiracy theory again? Where companies like Vanguard supposedly form some sort of shadowy evil cabal that secretly controls the entire economy?
- numpad0 3y agoI don’t fundamentally disagree, just I’m feeling uncomfortable watching the world slowly converging into “a great war for a great reset” type of thinking.
- smitty1e 3y ago"You may not be interested in the dialectic, but the dialectic is interested in you." https://en.wikiquote.org/wiki/Leon_Trotsky https://en.wikiquote.org/wiki/Leon_Trotsky