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We were stuck in the Gilded Age for decades before Roosevelt came along and started big trust-busting efforts. I expect a similar situation to play out here. We
by uejfiweun 4mo ago
We were stuck in the Gilded Age for decades before Roosevelt came along and started big trust-busting efforts. I expect a similar situation to play out here. We're probably in the middle of it in retrospect.
- skeeter2020 4mo agoMaybe - or is this closer to the naked theft we saw out of the collapse of the Soviet Union? That's still playing out...
- uejfiweun 4mo agoI think at the end of the day, we're still able to produce really effective technology and products. Like the economy is still functioning. I feel like this is different from the Soviet situation where the problems were more related to product quality and shortages and black markets.
- fragmede 4mo ago> we're still able to produce really effective technology and products There's a pipeline for that, and that pipeline has been broken, so that'll dry up. It's gonna take some years before we see the effects of it, but it ain't gonna be pretty.
- uejfiweun 4mo agoWhat are you talking about? We're literally in the middle of one of the most transformative technological revolutions we've ever had.
- kevin_thibedeau 4mo agoAl Franken has related the difficulty he had convincing Democrats and Bernie Sanders to sign on to fighting the Comcast Time-Warner merger until they determined it was beneficial to themselves to oppose it.
- autoexec 4mo agoDo you have a source for that? I'm curious to learn more about how hard it was to convince Sanders that the merger was a bad idea.
- kevin_thibedeau 4mo agoThis podcast mentions a summarized version of the story at the beginning with an impersonation. I remember another, maybe later on in the interview portion, where he explicitly called out Sanders' reluctance. https://www.youtube.com/watch?v=pywbCckzH2o https://www.youtube.com/watch?v=pywbCckzH2o