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This won't last. It's just creative regulatory evasion and the loopholes will get closed.
by colechristensen 10mo ago
This won't last. It's just creative regulatory evasion and the loopholes will get closed.
- newyankee 10mo agobut if it does, will it mean we are in the endgame. More and more value extraction by fewer and fewer people and entities under noble or complex reasoning.
- colechristensen 10mo agook? and?
- ethbr1 10mo agoAnd then capitalism crumbles because the delicate bargain between labor and capital it was predicated on has been destroyed.
- colechristensen 10mo agoAnd if my cat was an eldritch god in disguise life as we know it is in danger because I forgot to feed him this morning and surely he'll take revenge by destroying the universe. That's what y'all sound like.
- DivingForGold 10mo ago"creative regulatory evasion". Credit where credit due: "creative regulatory evasion" was first attributed to Professor Michael P. Fleming of the University of Cincinnati College of Law to describe the tactics employed by the small loan industry to circumvent early 20th-century usury law. Seems this would likely be one of the most salient terms the DOJ would use at trial.
- notTooFarGone 10mo agoBy which administration exactly?
- shimman 10mo agoMost likely the next democratic administration. Antitrust actions are wildly popular and are also things the executive can act upon without the need for Congress or the courts. I mean this is what the current administration has taught the public, now rather than aiming the state at the people it'll be aimed at the corporations hopefully.