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@PeriodicallyPedantic@lemmy.ca

Post #50025

2025-12-10 20:10 UTC

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.

Replies (1)

  • @ryathal@sh.itjust.works 2025-12-11 01:50

    Government regulation also creates and sustains monopolies. Most cable companies have competition prohibited by law. Bail outs allow companies that should fail and be replaced by many smaller companies to instead be more monopolistic.

    Open ##51109