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ExploratoryCucumber t1_j2s08s0 wrote

Capitalism NEEDS competition to function correctly. Our current ecosystem of megacorps creating functional monopolies via vertical integration has to die.

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NOLA_Tachyon t1_j2u3lk5 wrote

Capitalism needs a magical frictionless universe of perfect actors to function correctly.

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LexSenthur t1_j2vm4zl wrote

First seven semesters of an Econ BA: Here’s how things work given the following assumptions.

Final semester of an Econ BA: You can never make those assumption in real life.

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red_knight11 t1_j2wri6j wrote

This includes politicians who legislate in favor of megacorps and create more friction for small businesses which makes it harder for them to compete

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jjj123smith t1_j2uimpr wrote

You mean communism?

Because the capitalist country of Norway is functioning correctly…

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kippypapa t1_j2usjl3 wrote

Most of the competition that they’re talking about is a result of US companies operating in their countries.

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