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.
This isnt a function of capitalism. It is a function of concentrated power.
Capitalism concentrates power, so I don’t follow your point
Concentrating power is not exclusive to capitalism, and is more natural than not. In order to improve outcomes relative to capitalism, you must make a system which is geopolitically competitive with capitalist states while simultaneously actively avoiding concentrations of power. Saying capitalism is the problem is problematic because it does not account for this. If we limit our scope to saying capitalism is the problem, then we allow ourselves to advocate for systems which not only perpetuate the problem of power concentration, but worsen it.