The big issue with monopolies that is missed is that they end up with regulatory capture with a revolving door into government. Policies are then made for the company and not for the people. The globe is under corporate capture in its entirety via World Economic Forum has proxy voting power over all industries. This must be brought to light and stopped in its tracks by nationalizing any that bring us to the brink of bankruptcy globally. Global bankruptcy is on the horizon - debt slavery is current situation.
RE: Understanding Market Monopoly
You are viewing a single comment's thread from:
Understanding Market Monopoly
Understood. By any chance is there any suitable way to solve the income inequalities in capitalistic economy?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes by addressing monopolies in the banking, oil/gas, pharma, food industries. Shatter them into hundreds of thousands of smaller companies. A good start would be to change the corporation act to mandate all companies have to have 20-40% employee owned and 10-20% community owned.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Then I guess a "perfectly competitive market" structure can be a solution. But an interesting fact to me is that the government's political parties have favoured those companies who monopolize the market and the political parties secretly receive donations for their campaigns (just my assumptions). This can be why the government doesn't intervene in the monopoly markets.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Correct. With a revolving door. Obama's administration was chosen by Michael From a banker (I think Goldman Sachs). Also top 100 highest earners in that administration were ex-bankers.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
He spoke the truth.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks,Sir.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit