this post was submitted on 19 Jul 2024
829 points (98.6% liked)
Technology
58133 readers
4405 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Properly regulated capitalism breaks up monopolies so new players can enter the market. What you're seeing is dysfunctional capitalism - an economy of monopolies.
Sorry no, capitalism is working exactly as intended. Concentration of wealth breaks regulation with unlimited political donations.
You call it unregulated, but that is the natural trend for when the only acceptable goal is the greater accumulation of wealth. There comes a time when that wealth is financially best spent buying politicians.
Until there are inherent mechanisms within capitalism to prevent special interest money from pushing policy and direct regulatory capture, capitalism will ALWAYS trend to deregulation.
would you like an introduction to the almighty red rose?
I know you are trying to be clever but I'm not really in a clever mood rn.