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by dmix
4861 days ago
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> 2) Corporations in countries like France, Germany, Canada etc. have less relative power than in the US. I live in Canada. The 4 banks and 2 telecom companies here have total domination of the market and our gov agencies prevent competition openly. Much more than the US. We've been fortunate that they've been conservative for the last few decades but they are increasingly becoming americanized and our corporatist government wants badly to be like America. I agree laissez faire markets aren't optimal. But I'm also 100% sure government run markets is significantly worse. I only support the elimination of massive governments in favor or smaller communities with their own economic freedom (social or capitalist) similar to Hong Kong city-states. ala Startups vs mega-corporations. |
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