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> The US is not really capitalist, it’s an oligarchy - a small number of people like Larry Ellison essentially control everything. This oligarchy is the inevit
by jjav 2mo ago
> The US is not really capitalist, it’s an oligarchy - a small number of people like Larry Ellison essentially control everything.
This oligarchy is the inevitable conclusion of capitalism, unless there are regulations in place to preserve competition. The last time the US had significant enforcement in this area was the early 80s (AT&T), so of course we have an oligarchy.