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by marricks 1469 days ago
It's feels like your "utopia" is a world controlled by a few giant corporations which guarantee the "effective movement of capital" around. If that's the case we have few things we'd agree on as our world views are just too different.

I'll just say that as we have fewer major players the more those players will lower wages and generally exploit workers. Most people won't enjoy living in that world.

1 comments

If you zoom in time scales it’s kinda what happens? Sure in 1,10,20 years it isn’t good. I don’t agree we need few companies controlling everything but when you disrupt something as pervasive as retail what do you expect to have happen? I wonder what Ford thought when he put horses and livery out of business… I wonder what the local grocery store thought when they killed the butcher shop. It probably takes a while for the “next” thing to come along that displaces amazon. I guess my point is evolution happens. It’s our job as individuals to find ourselves on the right side of these changes. It’s not the governments job to make sure I’m treated fairly and it’s certainly not bezos or fords job to make sure they don’t disrupt the status quo. The market votes and we all casted ours votes.

I do believe in capitalism so maybe we disagree on a few things but I’d be curious how you see innovation without some value transfer proportional to that innovation. Amazon and I guess the “problem” is obvious but how do you get one without the other. Genuinely interested in your views.

Capitalism doesn't work when the market is non-free, and the market is non-free when it's monopolized. So if you believe in capitalism and want it to function as intended, you should be actively promoting antitrust enforcement against the likes of Amazon.
Do you not believe in the existence of Walmart? I can see no aspect of potential monopoly that doesn’t also apply more strongly to other companies.
what would antitrust enforcement against amazon look like? amazon basics is a bit questionable, but aside from that they have credible competition in every business segment.
yes