Re:Asia-Pacific is home to a rise in new self-made billionaires
by CoreSet on Friday February 08, 2019 @10:49PM
(#19120577)
This is a great comment - thank you for the contribution.
I sort of go back and forth on the point though. I also think monopolies enable and contribute to abuse - but I worry that the multipolar order would just breed new battle grounds for the various contenders to establish supremacy. On the one hand, you can get the space race (woo, the moon!), on the other hand, you can get the arms race (boo and/or complicated yay, nuclear weapons!).
Hopefully, as America's hegemony declines relative to other actors, the resulting multipolar world is fairer for more people.
Monopolies aren't a good thing in the commercial sphere, and they aren't a good thing in the political sphere, both lend themselves to abusive practices by those who can go unchallenged.