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US Considers a Rare Antitrust Move: Breaking Up Google
(www.bloomberg.com)
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this post was submitted on 14 Aug 2024
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Idk, I think the original guy has a point. Small and medium businesses generally work really well in western economies, it’s the megacorps and monopolies that fuck all the shit up. When he says limitless capitalism he probably means unregulated late stage capitalism and if that’s the interpretation then basically like, break up all companies with over 1000 employees or whatever. Mom and pop businesses are a great feature of our economic model, but they can’t thrive while walmarts are around.
Exactly that. Hier taxes the more you earn up to 100%. Limit company sizes in net worth and employee count. Its better to have 100 medium sized companies with 100 employees than 10 large companies with 1000 or (shiver) 1 mega company with 10.000 employees.
Basically all megacorps and monopolies started as small and medium businesses. And I'm not against small and medium businesses but that whoever has money owns said businesses. Capitalism is the idea that the workers don't own the business they work at but someone who's never worked there does. Capitalism is the driving force that makes small and medium businesses into megacorps.