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That’s not my understanding The Gilded Age Trusts were brought down regardless as to whether they misused their power. It wasn’t just oil. Monopolies are like
by lmpdev 2y ago
That’s not my understanding
The Gilded Age Trusts were brought down regardless as to whether they misused their power. It wasn’t just oil.
Monopolies are like a positive feedback loop which causes the market to diverge into a barely functional state
It doesn’t matter if they abused their market position, monopolies are to be corrected, mens rea present or not
- deleted 2y ago[deleted]