Re:FTC Seeks to Examine the Privacy Practices of U.S. Broadb...
by barney54 on Tuesday March 26, 2019 @03:44PM
(#19495350)
Except that competition and choice is at the heart of capitalism. Not local governments signing monopoly deals...
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Re:FTC Seeks to Examine the Privacy Practices of U.S. Broadb...
by monocasa on Tuesday March 26, 2019 @06:14PM
(#19496496)
Using capital to muscle any advantage they can get away with is the heart of capitalism. The crony part of capitalism is what you get if you're not omnisciently watching everything that the owners and stewards of capital are doing (which is impossible).
Re:FTC Seeks to Examine the Privacy Practices of U.S. Broadb...
by aarongray on Tuesday March 26, 2019 @09:35PM
(#19497505)
The definition of crony capitalism is using government power to protect business interests. It is not impossible to watch the markets, because the invisible hand of free choice does it every day, and it punishes those who cannot compete. It's when governments try to get in the way of competition that things break down.