[hedora]

It's well-known that unregulated capitalism leads to monopolies. In the past, the corporations literally raised armies and slaughtered smaller competitors.

So, monoplies (and feudalism, and dictatorships, and pretty much any centralization of power) are bad.

The obvious solution is to have strong antitrust regulation. That leads to regulatory capture and corruption. I'm not sure what happens next. We haven't had a democracy that was also a superpower collapse yet. Rome comes to mind, but they didn't have nukes and a global for-profit surveillance network propping them up.

Anyway, we really need to start enforcing antitrust law, and get back to de facto "majority rules" in the US.