Re:More startups should take on monopolies
by nonrandomstring on Sunday March 03, 2024 @04:27AM
(#39579640)
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.
Re:More startups should take on monopolies
by AndrewKemendo on Sunday March 03, 2024 @10:22AM
(#39581377)
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
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