Hacker News new | ask | show | jobs
by bavell 1620 days ago
Capitalism is an economic system that works best in a free market without monopolies. I believe the word you're looking for is corporatism, where huge companies have subsumed the role of government (e.g. controlling speech).
1 comments

The fact that it doesn't work in practice doesn't mean the notion of allowing companies to do whatever they want isn't capitalist.
The things propping up these companies are laws.

The way you break a network effect is adversarial interoperability. You build a new (ideally open) network by bootstrapping from the old one. But companies use the DMCA and CFAA and other laws to stop competitors from doing that, so it doesn't happen.