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by ToucanLoucan 592 days ago
Corporate consolidation is one of the biggest and least talked about boogeymen of our current era, one which is set to get even worse under Trump's second term. The Biden admin barely, kind of, got anti-trust authorities somewhat working again, and that will be demolished on day 1 of Trump.

Bigger corpos means bigger donations to bigger candidates. The entire system runs on money and nobody's got money to put in like these supercorps. We live in Gerontocracy that is actively building a Corporatocracy to replace it after the Boomers die off entirely and no money will ever go to the working class again.

1 comments

> The Biden admin barely, kind of, got anti-trust authorities somewhat working again, and that will be demolished on day 1 of Trump.

You are grossly underselling the work of Lina Khan and the FTC.

Could you name the top-3 examples of the FTC's work over the past 4 years that were net-helpful to the future GDP/capita of the US economy?
And what will it matter when on day 1 of the next administration, it's all blown out the airlock?

If your change is no more durable than a single election, you didn't accomplish shit.

> If your change is no more durable than a single election, you didn't accomplish shit.

That is the way that the country works! The system is working as intended if a single government appointment can't unilaterally destroy monopolies in a single term.