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I assume this was said sarcastically because of the wider conspiracy stuff, but I do think this is a problem. Overconcentration of ownership doesn't benefit so
by Gustomaximus 3y ago
I assume this was said sarcastically because of the wider conspiracy stuff, but I do think this is a problem.
Overconcentration of ownership doesn't benefit society. Not only the extremes of monopolies or oligopolies, but generally shifting away from a single person being able to own and run a business. It feels we are regressing from last centuries significant gains here. Its particularly bad in downstream areas like abattoirs where 4 companies control most of the industry.
Bill Gates might only own 300,000 odd acres now, which is huge but hardly taking over the industry, but its growing and the historical norm is for this to concentrate over time and something we should actively avoid so we dont end up like Scotland or other places where a handful own the majority, which I think will happen if its not actively worked against.