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They can’t and this is by design You need capital and increasing amounts as you get closer to threatening any monopoly. Who do you think have that capital? Peo
by AndrewKemendo 3y ago
They can’t and this is by design
You need capital and increasing amounts as you get closer to threatening any monopoly. Who do you think have that capital? People that want to end monopolies? No they want to just be part of a new one. So unless you’re just offering a new monopoly opportunity they won’t see the value and you’ll not even start.
Don’t forget, you don’t accidentally become a monopoly, the govt protects you. So beyond a certain point, you start dealing with government impeding you on behalf of corporations you’re affecting
In my opinion the only way to end this process without just making a new set of monopolies is with non-stock cooperatives but it’s going to be a long road
- exabrial 3y ago* political party, not government (in the us at least, up until you start selling internationally)
- aurareturn 3y agoYou don’t think both parties protect the same corporations?
- mccrory 3y ago100% they do
- bamboozled 3y agoSo what you’re saying is capitalism is broken or “has evolved” ?
- ekianjo 3y agocrony capitalism
- AndrewKemendo 3y agoIt’s actively destructive at this point - arguably been so for quite some time now but now the only way to not see it is to be actively deluding yourself. It’s impossible to sustain even for an individual so they are only benefiting from it temporarily.
- asdfasdfasdf222 3y agoThere's a field of study in economics called industrial organization that is all about oligopolies, monopolies and forms of imperfect competition. This is known stuff. I have no idea what you mean by your comment about capitalism, but I think you're likely just confused about different forms of competition. Michael Porter basically just took IO texts and rewrote them for business people. He's a nice entry point if you're interested.
- toomuchtodo 3y agoMatt Stoller refers to it as “Counterfeit Capitalism.” https://www.thebignewsletter.com/p/counterfeit-capitalism-why-a-monopolized https://www.thebignewsletter.com/p/counterfeit-capitalism-wh... https://www.forbes.com/sites/patrickwwatson/2019/02/27/fake-capitalism-is-a-bigger-threat-than-socialism/ https://www.forbes.com/sites/patrickwwatson/2019/02/27/fake-... https://www.wiley.com/en-us/The+Myth+of+Capitalism%3A+Monopolies+and+the+Death+of+Competition-p-9781119548140 https://www.wiley.com/en-us/The+Myth+of+Capitalism%3A+Monopo...
- AndrewKemendo 3y agoIt’s not new though Teddy Roosevelt was known for trust busting The business plot was literally bankers trying to stage a coup on Washington because they hated FDR https://connecticuthistory.org/gerald-macguire-and-the-plot-to-overthrow-franklin-roosevelt/ https://connecticuthistory.org/gerald-macguire-and-the-plot-...
- toomuchtodo 3y agoI don’t disagree! The only antidote is for the government to come out swinging with overwhelming force.
- hollerith 3y agoBecause that's never gone wrong.
- toomuchtodo 3y agoNo one else is going to stop them. Things are going fairly poorly as it is.
- fakedang 3y agoNot going to happen when government congressmen have their savings stocked up in shares of these monopolies.
- laurex 3y agoHighly recommend the book Technofeudalism by Yanis Varoufakis which argues that the dominance of platforms has surpassed “monopoly” or other market metaphors and is becoming a kind of post-capitalism in favour of something much worse.
- AndrewKemendo 3y agoThe Miseans call it “Anarcho-Capitalism” Basically everyone for themselves with no rules and total corporate control of the economy
- zo1 3y agoNo no, please don't confuse people here. That is not what anarcho capitalism is, nor would any Mises supporter call what was described above as anarcho capitalism. https://en.m.wikipedia.org/wiki/Anarcho-capitalism https://en.m.wikipedia.org/wiki/Anarcho-capitalism Corporate control over the economy is not what anarcho capitalism is about. In such a world there isn't even "an economy" as we traditionally know it.
- AndrewKemendo 3y agoI’m actually way more familiar with it than I come across. I was a Mises Institute member briefly, including attending a Ron Paul event they hosted. I think “Democracy the God that failed” was the final straw where I was like “this is basically advocating for private kinghoods” If you extrapolate, then you basically get Amazon, United Health, and 8 other companies with their own currencies and mercenary armies and all manner nonsense that winds up basically just looking like a Corporate wasteland as described by Mike Judge And frankly we’re pretty close -with Apple Cash and Apple hiring city and municipal police to guard stores the transition is effectively complete
- galaxyofdoom 3y ago[dead]
- 3y ago