|
|
|
|
|
by TheOtherHobbes
3451 days ago
|
|
There's no such thing as an unperverted free market, and even if such a thing existed, it would be a horror. I really wish there was more understanding that economic theory is essentially political, that markets are about political power relationships, not about goods and services, and that there's always a government of some kind as a central enforcer behind every market - and it probably isn't truly democratically accountable, no matter how often people get to vote. Monopolies and cartels that treat customers with arrogance and contempt are the inevitable, predictable products of competitive market capitalism. And antitrust is a political weapon, not a moral or economic one. Google will not be hit with antitrust action unless it makes some political missteps. I expect that for now, it's far more useful to keep Google intact. |
|