3 ms·
I'm beginning to think that the problem of 'late capitalism' is quite related to the ability of companies to acquire other companies. Thereby eating their comp
by jacknews 7mo ago
I'm beginning to think that the problem of 'late capitalism' is quite related to the ability of companies to acquire other companies.
Thereby eating their competition, either by stifling upcoming competitors or to gain degrees of monopoly power by joining with peers.
What would the world look like if you you simply could not do that?
- globular-toast 7mo agoGovernments did used to go some way to stopping companies acquiring other companies and would even split monopolies up. But they all just kinda stopped doing that in more recent years.