3 ms·
But, that's just capitalism. The "tech" part has little or nothing to do with it, unless you're taking a very broad definition of the word "technology." That'
by Paul-Craft 3y ago
But, that's just capitalism. The "tech" part has little or nothing to do with it, unless you're taking a very broad definition of the word "technology." That's just what happens when someone gains an infinitesimal advantage and is able to hold onto it in an environment of exponential growth.
See also: https://en.wikipedia.org/wiki/Gilded_Age https://en.wikipedia.org/wiki/Gilded_Age
- PorterBHall 3y agoPerhaps the techno part of it is the increased speed at which organizations can grow and the widening gulf between them and government’s ability regulate a market.
- charlie0 3y agoOr push regulation when it benefits them.