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by gotostatement
2178 days ago
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If you're saying that monopolies only arise because of government interference, I'm gonna need a lot of citations. I don't want to replace free markets or have a totally planned economy because I agree with you that excessive power centralization is a problem, including when it goes to the government. I am just saying that the system of capitalism (which, again, doesn't just mean free markets, it means that individual citizens can own essential means of production) has power concentration as an inevitable consequence. Government interference on behalf of the super rich, which leads to more concentration of power, is a consequence of capitalism, not a foil to it. To be clear, I don't know what the best alternative is. But it looks something like more democratic control and accountability over the essential means of production. I'm not convinced government ownership would always accomplish this. But letting individual citizens own it and use it as leverage to increase their own personal wealth and power, virtually without limit, at the expense of those who depend on it and labor on it, is unacceptable. |
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Name one that isn't. If your theory is correct, there should be free market monopolies everywhere.
> But letting individual citizens own it and use it as leverage to increase their own personal wealth and power, virtually without limit, at the expense of those who depend on it and labor on it, is unacceptable.
Who do you think sits in power in the government? Individual citizens.
> virtually without limit
Bill Gates, Jeff Bezos, etc., cannot order you arrested. But the rookiest cop can arrest you.
Amazon tried to influence the Seattle City Council election buy funding opposition candidates. This became a campaign issue, and Amazon failed badly at it.
Hilary Clinton outspent Trump 2:1 and still lost the election.
Bloomberg got trounced.
Wealth buying power in America is not nearly as effective as you suggest.