Holy shit.
(Speaking of the near-unfathomable profitability of the surveillance business model, take a min to contemplate what the ability to pay tens of billions to cement their dominant position means vis-a-vis the revenue that dominant position redounds to Google.)
That isn't capitalism in any shape or form.
Saying we have to get rid of capitalism is late. Its gone.
The coercive closed monopolies and monopsonies control access to you, to goods, to price, to markets.
Amazons Bezos announced if you want entrance to his 'market' you have to make your company ready to be taken over, for example.
The "control of pricing by the market" is capitalism, and cited as such in religious fervor..
That the mechanism's of the system become monopoly is only useful if you want to "gain monopoly power through the exploitation of economies of scale" for example.
Historically Baker's lowered pricing by "adding sand" to the four. The market doesn't correct for that, it needs law.
Agricultural workers wages are FAR BELOW MARKET.
Sand must be added to the flour.
Steam engines boil water. Add more fuel, they boil harder. But boiling harder is dangerous pressure, its just metal parts, explosions common.
Controlling the tendency to increase pressure until its dangerous is prevented by a governor. It works by spinning faster as pressure increases, tio release more pressure.
Trust busters curtailed monopoly power like a steam engine's governor.
Coalitions of coercive monopolistic social and political power removes the 'governor'
Meredith Whittaker
Kevin Russell
soc