this post was submitted on 03 May 2024
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We're going to be reduced to "one more mega corporation will fix everything", aren't we?
We have at least three generations of civil servants and politicians who grew up under neoliberalism, and the idea of regulation and government intervention isn't just distasteful, or even heretical, it's actually inconceivable.
If you try to float the idea of direct government intervention in the modern era, people look at you like you've grown a second head. They can't even imagine the idea of government directly employing people or owning buildings and equipment to provide a service.
Always have been.
If there's enough, they stop being mega, so that's something.
I've yet to hear a convincing alternative to having markets at all explained in detail.