Post #49842
2025-12-10 19:19 UTC
The conditions get created by government distortion of a market. Chicago School discourages government intervention.
Replies (1)
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@PeriodicallyPedantic@lemmy.ca 2025-12-10 20:10
That lack of intervention is what created the conditions Capitalism naturally moves towards monopoly. Government regulation prevents monopolies. Capitalism accumulates power. Capitalists use that power to influence the government into letting them accumulate more power, until they have enough power to remove the regulations that prevent monopolies, then the capitalists form monopolies, then we get the very situation that we’re describing.