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by mahranch
2619 days ago
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Comparing U.S government to the Chinese government here is ridiculous. The Chinese government has absolute and total control of everything within its borders. It could dissolve a company tomorrow if it didn't like it -- or do the reverse and allow it to operate at a loss in order to hurt foreign competitors. The U.S has laws against such practices while China actively engages in those behaviors. |
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Amazon has past the point where vertical integration questions should be raised and a break up should be considered for the public interest - not pursuing it for them (or Walmart, or Google, or many other too-large-to-fail corporations) is another form of assistance the government offers them.
The US is not a free market and participates in private industry subsidization both with and against the public interest but, I agree, it's no where near China's levels - to keep it from getting to those levels we need to acknowledge how bad it has already gotten.