The argument is against rigged markets and theft via government at an industrial scale. Free market...FREE market capitalism, wisely regulated, and guarding against the anti-competitive stranglehold of monopolies, always, ALWAYS, does more to aid in the increase in quality of life for the greatest number of people.
I tend to figure that prior to the advent of more modern forms of transportation, a company could only get so large. You could only ship stuff so quickly and conduct business in so many places. The most famous monopolies in the US started popping up with the introduction of the nationwide railway systems. Even then, those highly powerful businesses were in things like transportation and commodities (like oil).
Today we have so few companies who control huge portions of the market in every sector: technology, food, media, etc. I tend to figure that the earlier ideas of capitalism never imagined it turning into a corporate oligarchy.
Seems to me that’s an argument against capitalism as much as it is against corruption.
It's an argument against Crony Capitalism.
rockefeller was a communist with money
It also was a argument against Monopolies, against the banking cartels and both groups ownership of govt.
This battle has run for a long, long time.
The argument is against rigged markets and theft via government at an industrial scale. Free market...FREE market capitalism, wisely regulated, and guarding against the anti-competitive stranglehold of monopolies, always, ALWAYS, does more to aid in the increase in quality of life for the greatest number of people.
I tend to figure that prior to the advent of more modern forms of transportation, a company could only get so large. You could only ship stuff so quickly and conduct business in so many places. The most famous monopolies in the US started popping up with the introduction of the nationwide railway systems. Even then, those highly powerful businesses were in things like transportation and commodities (like oil).
Today we have so few companies who control huge portions of the market in every sector: technology, food, media, etc. I tend to figure that the earlier ideas of capitalism never imagined it turning into a corporate oligarchy.