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by turkishgetup
3156 days ago
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It occurs to me that many current issues can be abstracted as follows: When corporations have become powerful monopolies (or regional monopolies) that trample on individual rights and captured regulators, should the citizens still respect the procedural correctness to its literal meaning? Or should we acknowledge that we have a flawed constitution, because while it checks the power of the government, the U.S. visionaries did not foresee the emergence of multinational corporations, structured in highly authoritarian ways, being able to influence public policy to great extent? I believe we can agree that public goods are typically not as efficient as a _competitive_ private provider. But what if the market is not competitive at all? When ISPs/health insurers/hospital conglomerates essentially monopolizes different regions of the country, should the government step up and provide community broadband, single payer insurance or single provider healthcare? Or should we expect the government somehow being able to restore market competitiveness? |
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