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At least they can be broken up, like with the robber barons of the previous century
by passwordoops 3y ago
At least they can be broken up, like with the robber barons of the previous century
- quickthrower2 3y ago( … cue evil sounding and very long laughter inside nondescript lobbying office )
- mschuster91 3y agoTheoretically yes, practically the US government has been bought off by the tech elites.
- passwordoops 3y agoI highly recommend the work of Matt Stoller in this regard (1), in particular his book Goliath (2) that goes over the history of monopoly fights over the past century and laid out how we got to where we have today (hint: eerily similar to the 1920s but not as bad) 1. https://www.thebignewsletter.com/ https://www.thebignewsletter.com/ 2. https://www.thriftbooks.com/w/goliath-how-monopolies-secretly-took-over-the-world_matt-stoller/19879952/#edition=21158405&idiq=41709743 https://www.thriftbooks.com/w/goliath-how-monopolies-secretl...
- Ygg2 3y agoGoogle/Apple/<Massive corp> will be broken any day now.
- passwordoops 3y agoThe tide is turning from the moronic stance of maximum efficiency for the consumer over all other considerations. I think what will really precipitate it is if the US and China enter a hot conflict and some company like NVIDIA continues to do business in China. It happened before with Alcoa not only slowing the buildup of US artillery but also providing the Nazis with the necessary materials before the government stepped in (1). The heads of the US military have already identified monopoly as a national defence issue 1. https://foreignpolicy.com/2019/10/28/wall-street-world-war-ii-democracy-monopoly/ https://foreignpolicy.com/2019/10/28/wall-street-world-war-i...
- Red_Leaves_Flyy 3y ago[citation needed]
- Ygg2 3y agoHas Google broken by anti-trust laws? There is your citation. They've been pulling suspicious moves for last decade.