• Matty Roses@lemmy.today
    link
    fedilink
    arrow-up
    14
    ·
    2 days ago

    water on your take - capitalism seeks always to maximize returns to capital holders. Therefore monopoly and cartel behavior will be the inevitable result without a countervailing force.

    Even more water - political power cannot contain capitalism, because economic power can be exchanged for political and military power. Only ownership of capital by the society in general provides a way to avoid oligarchy long-term.