When
· Teens
· · 2017
· · · August
· · · · 30 (1 entry)

Large Companies Considered Harmful · There’s a plau­si­ble case that cap­i­tal­ism per se isn’t the prob­lem. Con­cen­tra­tion is: Vari­a­tions range from “too big to fail” to good old-fashioned monopoly. It’s painful­ly ob­vi­ous that the ac­qui­si­tion of one mon­ster tele­com or bank or air­line by an­oth­er does nei­ther their cus­tomers nor the econ­o­my as a whole any good. It’s tough to write anti-monopoly law, be­cause how do you quan­ti­fy mar­ket pow­er? How­ev­er, you can quan­ti­fy size. So let’s use that as a club to bash away at the prob­lem ...
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