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now people suddenly realize why "economics" was referred to as "political economy" when people started studying these things. unfair maybe on consumers (google
by dzonga 1y ago
now people suddenly realize why "economics" was referred to as "political economy" when people started studying these things.
unfair maybe on consumers (google customers ie those who pay google, not those who use google products) but a very good and pragmatic decision by the U.S gvt.
let your homegrown champions stay strong and keep getting stronger.
because the alternative if Google got broken up, a foreign competitor would replace google not a homegrown one.
markets don't work the way libertarians think.
- pyrale 1y ago> let your homegrown champions stay strong and keep getting stronger. ...Until they start getting banned abroad because your government openly tries to manipulate election in ally countries. And once that happens, you're perpetually weaker and your reputation is done for a century. People arguing for this kind of hard power are just too weak-minded to understand the extent and strength of US' historical soft power. > markets don't work the way libertarians think. Well, if you keep pushing down that line, markets won't work at all, and welcome back to 19th century's gunboat policy, except people have nukes now.