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0 pointswnevets2y ago0 comments

> Why is it not happening?

because it was a cold war fairy tale.

0 comments

Capitalism leads to monopolies and related economic structures. It's best for every large player to carve out territory whether it's geography or specialization niche. The fallacy is that this will be a meritocracy. It's not. It's wealth concentration. The haves will buy innovation and deprive the market of competition to themselves. This happens again and again and again.

Fervicus2y ago

We see less of these kinds of problems the closer we are to a free market. A pure free market is not realistic, but sadly our current flavor of capitalism has headed far away in the opposite direction.

Ekaros2y ago

To me it is increasingly critical to separate capitalism from free market. They have gone together for some time, but in the end capitalism aims to crush free market when it benefits the capital.

State is needed to stop too much consolidation from occurring and prevent monopolies where alternatives are sensible.

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