Capitalism isn’t what’s crashing out the United States, it’s these fucking monopolies and mergers. The government used to block these things with vigor. When I was a GenX kid, we were taught over and over again that monopolies are bad, with plenty of historical examples. Hell, I remember AT&T getting splatted then coming back together later.
Our news and social media, banking, entertainment, our farms, our very food stuffs are owned by a handful of megacorps like Nestle. Want to withhold your money? Good luck finding the competition capitalism used to offer, because now we’re an oligarchy. And no matter what personal stand you take, your friends and neighbors don’t know all this and don’t care.
Lina Kahn was breaking this shit up under Biden. Knowing Trump would fire her immediately was the first thought I had on waking and learning he had won again. Fuck. She was our last, great hope.
In the past few decades we let the rich buy our morals. Then they got richer. Rinse and repeat.
The corporations decided that anti trust laws were bad so they each did their part to erode support and enforcement of them. Then bit by bit they eventually became only laws on the books not in enforcement
Capitalism isn’t what’s crashing out the United States, it’s these fucking monopolies and mergers.
I’ve got bad news for you about which form of social organization promotes the growth of monopolies.
There have been a handful of examples of breaking up monopolies but even then the general trend was still increasing consolidation of money and power in fewer and fewer hands.
AT&T was a great example of a step back from the capitalist hellscape we’re being pushed into, but there were two steps forward before it and another two after it.
Capitalism is directly responsible for monopolies and meegers. It’s the inevitable course. Anyone who disagrees is definitely did not take any classes on business. A goal of many MBA’s is to be merged into a larger company for a massive payout. That is capitalism.
Capital is like gravity, it pulls more capital towards it into its a singularity of one massive lump of capital. We have to create laws to reign in capitalism.
The issue with capitalism is as we’re experiencing now, there are no natural laws to keep capitalism is check.
In an ideal world, the only way a company would merge is after bankruptcy. There is literally no social benefit to justify it. The MBAs are more than willing to blow smoke up our collective asses about it.
Capitalism isn’t what’s crashing out the United States, it’s these fucking monopolies and mergers. The government used to block these things with vigor. When I was a GenX kid, we were taught over and over again that monopolies are bad, with plenty of historical examples. Hell, I remember AT&T getting splatted then coming back together later.
Our news and social media, banking, entertainment, our farms, our very food stuffs are owned by a handful of megacorps like Nestle. Want to withhold your money? Good luck finding the competition capitalism used to offer, because now we’re an oligarchy. And no matter what personal stand you take, your friends and neighbors don’t know all this and don’t care.
Lina Kahn was breaking this shit up under Biden. Knowing Trump would fire her immediately was the first thought I had on waking and learning he had won again. Fuck. She was our last, great hope.
In the past few decades we let the rich buy our morals. Then they got richer. Rinse and repeat.
The corporations decided that anti trust laws were bad so they each did their part to erode support and enforcement of them. Then bit by bit they eventually became only laws on the books not in enforcement
That’s a fucking bingo. Sometimes I imagine telling my grandfather who raised me and died in the 80s what America is like today.
“So why isn’t the government doing anything about all this? That’s their job.”
“Well…”
I’ve got bad news for you about which form of social organization promotes the growth of monopolies.
There have been a handful of examples of breaking up monopolies but even then the general trend was still increasing consolidation of money and power in fewer and fewer hands.
AT&T was a great example of a step back from the capitalist hellscape we’re being pushed into, but there were two steps forward before it and another two after it.
What form of social organization doesn’t when not corrected over time?
Capitalism is directly responsible for monopolies and meegers. It’s the inevitable course. Anyone who disagrees is definitely did not take any classes on business. A goal of many MBA’s is to be merged into a larger company for a massive payout. That is capitalism.
Capital is like gravity, it pulls more capital towards it into its a singularity of one massive lump of capital. We have to create laws to reign in capitalism.
The issue with capitalism is as we’re experiencing now, there are no natural laws to keep capitalism is check.
In an ideal world, the only way a company would merge is after bankruptcy. There is literally no social benefit to justify it. The MBAs are more than willing to blow smoke up our collective asses about it.
Incoherent slop
Ahh yeah the breakup of at&t
https://y.yarn.co/6c7a5d7d-f208-4e16-acca-03cc8d749d9e_text.gif
The Death Star!