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Consolidation is the inevitable outcome of free unregulated markets. In our highly interconnected world, decentralization paradoxically requires a central auth
by pphysch 1y ago
Consolidation is the inevitable outcome of free unregulated markets.
In our highly interconnected world, decentralization paradoxically requires a central authority to enforce decentralization by restricting M&A, cartels, etc.
- SoKamil 1y agoIs there a theorem that models this behavior? Capital feels like a mass that attracts more mass the larger it becomes, like gravity.