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by ClumsyPilot 1207 days ago
> undermining a lot of what makes us comfortable in modern life under capitalism

I read Wealth of Nations, did I miss the part where it says:

"you should have a single global company control most of the market"?

Every economist writes about importance of competition.

If you want to keep around giant monopolies, you are not capitalist.

1 comments

On a global scale, it helps if your country is where all the biggest companies are coming from, especially to compete with big companies from other countries.
You could make the same argument fir trade barriers, protectionism, subsidies, etc.

It also comes across as "two wrongs make a right"