Highly recommend the book Technofeudalism by Yanis Varoufakis which argues that the dominance of platforms has surpassed “monopoly” or other market metaphors and is becoming a kind of post-capitalism in favour of something much worse.

The Miseans call it “Anarcho-Capitalism”

Basically everyone for themselves with no rules and total corporate control of the economy

No no, please don't confuse people here. That is not what anarcho capitalism is, nor would any Mises supporter call what was described above as anarcho capitalism.

https://en.m.wikipedia.org/wiki/Anarcho-capitalism

Corporate control over the economy is not what anarcho capitalism is about. In such a world there isn't even "an economy" as we traditionally know it.

I’m actually way more familiar with it than I come across. I was a Mises Institute member briefly, including attending a Ron Paul event they hosted.

I think “Democracy the God that failed” was the final straw where I was like “this is basically advocating for private kinghoods”

If you extrapolate, then you basically get Amazon, United Health, and 8 other companies with their own currencies and mercenary armies and all manner nonsense that winds up basically just looking like a Corporate wasteland as described by Mike Judge

And frankly we’re pretty close -with Apple Cash and Apple hiring city and municipal police to guard stores the transition is effectively complete

Isn't the term people are clutching for "lawlessness"

If anything defines the current epoch it is "post-legal".

For example, massive fines, now in the billions of dollars, pay superficial lip-service to laws, but for mega-corps are simply the cost of doing business.

The irony of course is that giant monopolies exist only because the protection the rule of law bestows allows that. They are _very_ vulnerable. If we interpret "take on monopolies" using their own rules, they'd be hacked off the grid in weeks if not days.

I think it’s really just garden variety Regulatory Capture that’s now just endemic

The problem is congressman all want to get rich now, and Congress is a path to riches, whereas it was not always so directly the case

So what you’re saying is capitalism is broken or “has evolved” ?

Matt Stoller refers to it as “Counterfeit Capitalism.”

https://www.thebignewsletter.com/p/counterfeit-capitalism-wh...

https://www.forbes.com/sites/patrickwwatson/2019/02/27/fake-...

https://www.wiley.com/en-us/The+Myth+of+Capitalism%3A+Monopo...

It’s not new though

Teddy Roosevelt was known for trust busting

The business plot was literally bankers trying to stage a coup on Washington because they hated FDR

https://connecticuthistory.org/gerald-macguire-and-the-plot-...

I don’t disagree! The only antidote is for the government to come out swinging with overwhelming force.

Because that's never gone wrong.

No one else is going to stop them.

Not going to happen when government congressmen have their savings stocked up in shares of these monopolies.

It’s actively destructive at this point - arguably been so for quite some time now but now the only way to not see it is to be actively deluding yourself.

It’s impossible to sustain even for an individual so they are only benefiting from it temporarily.

There's a field of study in economics called industrial organization that is all about oligopolies, monopolies and forms of imperfect competition. This is known stuff. I have no idea what you mean by your comment about capitalism, but I think you're likely just confused about different forms of competition.

Michael Porter basically just took IO texts and rewrote them for business people. He's a nice entry point if you're interested.

crony capitalism

* political party, not government (in the us at least, up until you start selling internationally)

You don’t think both parties protect the same corporations?

100% they do