So, this is part of my ongoing screed again fake capitalist that disingenuously or ignorantly claim any and all corporate consolidation, offshoring and importing of immigrant labor is a principle of capitalism leveraging greater efficiency, productivity and economies of scale. What they are really pursuing is corporate primacy and corporate profit maximization and they claim that this too is a tenant of capitalism. False on all counts.
Capitalism is an economic system amended to a social governance system. True capitalism requires democracy. And domestic labor is supposed to share in the returns of domestic capital invested.
The invisible hand mechanism requires the creative destruction of healthy competition. When three Wall Street bankers make most of the return, sharing some with only the top 10% that own 88% of all corporate stock, Capitalism is broken... and the masses start pining for collectivism. When four massive multinational own 80% of the beef industry and jack prices die to the lack of competition, tge masses pine for collectivism.
This analysis is extremely pertinent to the big 'affordability' issue facing policians of all stripes. Healthcare, energy and insurance are riven with oligopoly, if not outright monopoly, and are crucial drivers of the real cost inflation eating into ordinary Americans' living standards. All three are addressable at the state level, as each is regulated - usually badly - at the state level. We can't wait for the Feds to act, as Congress is bought and sold by lobbyists for these industries. While state legislatures are also corrupted by corporate interests, it is harder for them to stand wholly against local pressures. One of the major benefits of a federal union over a unitary state!
Antitrust law should make a distinction between "right" and "wrong", before application. Incase of breaking up AT&T, it made an error. Communication cannot be fragmented. A river flowing across the nation cannot be broken into pieces, without increasing the costs and harming natural benefits. Phone sevices were best and least expensive in 1970s/80s, prior to breaking up AT&T.
On the other hand, allowing "financial mafia" to control healthcare through insurance and other ways, has created havoc for every American and patient in the USA. Thus needs deeper insights to make Antitrust to function effectively for benefit of masses. TulsiTawari@gmail.com
It’s not too late to speak up forcefully about the corruption taking place around you in the Trump DOJ that led to you getting unceremoniously fired to trying to enforce the law even a little. Why protect Mike Davis et al at precisely the time when the knives are about to start coming out as the regime sinks into unprecedented levels of unpopularity?
So, this is part of my ongoing screed again fake capitalist that disingenuously or ignorantly claim any and all corporate consolidation, offshoring and importing of immigrant labor is a principle of capitalism leveraging greater efficiency, productivity and economies of scale. What they are really pursuing is corporate primacy and corporate profit maximization and they claim that this too is a tenant of capitalism. False on all counts.
Capitalism is an economic system amended to a social governance system. True capitalism requires democracy. And domestic labor is supposed to share in the returns of domestic capital invested.
The invisible hand mechanism requires the creative destruction of healthy competition. When three Wall Street bankers make most of the return, sharing some with only the top 10% that own 88% of all corporate stock, Capitalism is broken... and the masses start pining for collectivism. When four massive multinational own 80% of the beef industry and jack prices die to the lack of competition, tge masses pine for collectivism.
This analysis is extremely pertinent to the big 'affordability' issue facing policians of all stripes. Healthcare, energy and insurance are riven with oligopoly, if not outright monopoly, and are crucial drivers of the real cost inflation eating into ordinary Americans' living standards. All three are addressable at the state level, as each is regulated - usually badly - at the state level. We can't wait for the Feds to act, as Congress is bought and sold by lobbyists for these industries. While state legislatures are also corrupted by corporate interests, it is harder for them to stand wholly against local pressures. One of the major benefits of a federal union over a unitary state!
Antitrust law should make a distinction between "right" and "wrong", before application. Incase of breaking up AT&T, it made an error. Communication cannot be fragmented. A river flowing across the nation cannot be broken into pieces, without increasing the costs and harming natural benefits. Phone sevices were best and least expensive in 1970s/80s, prior to breaking up AT&T.
On the other hand, allowing "financial mafia" to control healthcare through insurance and other ways, has created havoc for every American and patient in the USA. Thus needs deeper insights to make Antitrust to function effectively for benefit of masses. TulsiTawari@gmail.com
It’s not too late to speak up forcefully about the corruption taking place around you in the Trump DOJ that led to you getting unceremoniously fired to trying to enforce the law even a little. Why protect Mike Davis et al at precisely the time when the knives are about to start coming out as the regime sinks into unprecedented levels of unpopularity?