But this is the inevitable result of a free market. Unfettered capitalism will always lead to an oligopoly; the most successful businesses will crowd out or buy out all of the competition until only a few remain. Only a robust regulatory system can prevent capitalism from destroying itself.
1
0
31
this bit from @jonbois.bsky.social's 17776 is incisive
1
1
6
the full chapter is here but i recommend reading the whole thing from the beginning
1
0
7