cm0002Capitalism in theory vs capitalism in practice
FizzThis is a failure of government to block these kinds of acquisitions. Google shouldn’t be allowed to buy so many companies.
jjjalljsTrue, but like the one ring trying to get back to sauron, all of capitalism’s will and malice bends towards monopoly.
And thats fine. As things develop we would expect mature companies to trend towards monopoly. Its up to the government to decide where to draw the line.
How do you prevent someone from Reagan coming and deciding monopolies are cool, and taking us back to this hellscape?
You can’t. Unfortunately democracies are run by the people. But think about the alternatives. At least democracy has a choice to not vote for him or vote him out in other systems that option may not be available.
America isnt fucked because of capitalism. I believe its fucked because of the American people. I believe their government does reflect their views in the way it was designed. I’d say the only way America could stop a person like Regan getting in is to convince people that those ideas are bad and to not vote for anyone like that. Easier said than done but not impossible.
Other government systems that allow smaller parties are in my opinion far better because they can reflect more views at a single time and force major parities to address popular issues. Other capitalist countries are not like America and while life isnt perfect and there is still inequality they still enjoy a decent quality of life and a fair society to operate in.
I think capitalism has done a number on the american people, and that’s why they’re in the state they’re in. Poorly funded education plus dubious news sources (eg: fox news) is a bad combination.
I think its the fault of bad leadership and a culture that values individualism and “wild west” kind of isolation. Its also tough because America is huge its no wonder people in Texas dont care about people in new York, they’re a world away. Its sad, I feel for the people in America right now. I’m not sure how theyre going to get past this but i think they can. Its going to take a ton of change from the government and the people.
Fox News and some other outlets like it are pure propaganda. I don’t have an answer to it, but it’s very frustrating that we’re apparently so defenseless and helpless against something that’s intent on destroying democracy. We have no active defenses.