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No, more competition does obviously NOT solve oligarchies. It is what we see RIGHT NOW. It is OUT THERE NOW. Oligarchs buy up competition and either incorporate
by Krasnol 8mo ago
No, more competition does obviously NOT solve oligarchies. It is what we see RIGHT NOW. It is OUT THERE NOW. Oligarchs buy up competition and either incorporate their ideas or make them disappear if they threaten their established business models.
Why are you keep repeating this myth?
The only relevant player who might break up oligarchies before they become to powerful is the state they operate in.
- brigandish 8mo ago> Why are you keep repeating this myth? Why do you write like someone's crazy uncle on Facebook? The caps are inappropriate here, as is the hysteria and hyperbole. > Oligarchs buy up competition You realise that those advocating for free markets are against oligarchy, right? That they say that in most, if not all cases, regulatory capture and monopolies are the causes of lack of competition, right?