I like phrase "tech robber barons" implies a certain lawlessness for Facebook, Google and Amazon
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dont forget bank barons.
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All monopolies are a problem. So is any company that's "too big to fail". Big anything is a problem. They should be checking and balancing each other.
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"Too big to fail" is a reverse-check. Big government reinforcing a their friends in politically connected corp entity. Interaction between politicians and corporate lobbyists or representatives doesn't lead to a check and balance. They collude. Politicians have no restraint.
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A little learning is a dangerous thing.
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Corrupted Capitalism should not be the standard for judging capitalism. Capitalism has been corrupted by politicians not enforcing laws, standards, anti-combines act, etc on purpose, then push socialism as the cure. Same goes for war, create an unjust war then introduce globalism
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It's funny when people think doing away with capitalist hierarchy means inheriting a benevolent pure state.
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Getting cucked by multinational corporations with power greater than the governments of many nations is cool asf as long as the govt isn’t doing it
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Yeah amazons a big problem, goddamn them with their online ease of retailing, and price matching your local stores. How dare they compete with every other business out there and spend more money than I can imagine on building a delivery network to have everyday shipping.
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Do you know how quotes work? The person has to actually say the term you’re quoting in order to use it.
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Is manipulating a free market with wealth and influence a tenant of capitalism?
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Generally I am a market fan, but when a single organisation reaches the point of overbearing tyrant its clear we have a problem. The market is in fact not working. Competition at the very least has been severely curtailed.
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Monopolies are bad, and typically occur due to regulatory capture/ government interference. You know, those things you claim to dislike. Also, that's not an argument. You should know better.
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NOT AN ARGUMENT Explain how we would be better off if those monopolies weren't busted
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Shouldn’t a libertarian be against the industrialist of the 19th century sense they influenced government policy
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