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Power follows wealth, regardless of whether there's a government or not, and while the economy is not a zero sum game, power is - economic inequality matters.
by philipov 2y ago
Power follows wealth, regardless of whether there's a government or not, and while the economy is not a zero sum game, power is - economic inequality matters.
The correlation between wealth and power is even stronger in countries where government is weak, and it is thus the function of government to prevent wealth from obtaining unchecked power. It is no wonder that wealth would seek to destroy government. That we appear to be losing this fight does not invalidate its importance.
You may have your choice of oligarchs to buy your car from, but what they will never allow you is the choice to compete with them on a level playing field. A cartel can allow internal competition, but they will all cooperate to crush upstarts.
- CamperBob2 2y agoYou may have your choice of oligarchs to buy your car from, but what they will never allow you is the choice to compete with them on a level playing field. A cartel can allow internal competition, but they will all cooperate to crush upstarts. It's government that interferes with competition, not "oligarchs" or "cartels." Otherwise I could buy a Chinese EV. The only way the "oligarchs" and the "cartels" can interfere with my decision is by using their wealth to capture and subvert the government. Again: the problem is the power.