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Inflation is caused by every part of the economy at once. It is the oil in capitalism. Not profit. Bust those Corporate Megamunching Companies that sit and prof
by SubiculumCode 3y ago
Inflation is caused by every part of the economy at once.
It is the oil in capitalism.
Not profit.
Bust those Corporate Megamunching Companies that sit and profit from rent seeking.
They are the inflation.
Without that oil, capitalism becomes stale corrupt and not inclusive. Raise prices when you earn another dollar, because they own the store cross the street too.
But small companies get bought.
Then entangled with foreign adversaries. And we are in an information skirmish with Russia and others. To deny it is to have accepted your part.
So what are the security consequences of trust busting without serious reform on ownership in American companies.
- dang 3y agoPlease don't take HN threads on generic ideological tangents (or any generic tangent actually) - they make discussion more repetitive and therefore less interesting. https://hn.algolia.com/?dateRange=all&page=0&prefix=true&query=generic%20discussion%20by%3Adang%20-flamewars%20-flamewar&sort=byDate&type=comment https://hn.algolia.com/?dateRange=all&page=0&prefix=true&que...
- SubiculumCode 3y agoI was making a posed argument on why such monopolistic behaviors are a part of inflation, and that in the broader context, stories such as this underscore the trends..increased unionization..more trust bust. This made me wonder about how this could play out in the context of contemporary geopolitical events. I do not see how it can be anything but on topic and pertinent to this industry.
- dang 3y agoThe comment had too much generic rhetoric (about inflation, capitalism, Russia, etc.) and too little specific information to count as interesting.