Comment by sdellis
14 hours ago
We don't need an article to tell us that monopolies are not good for society. The fact that the article ignores this elephant in the room is exactly why I have issue with it.
I agree that the best way to capture value is to destroy all competition or otherwise ensure that the customer has no other options. It is also deeply unethical, even if within the current law. I'll note that anti-trust laws have been eroded in the past two decades as the gov has caved to corporate pressure and lobbyists.
I also can't pretend I don't see a relationship here to Theil's financial backing of Curtis Yarvin, who calls for replacing democracy with a corporate-led monarchy -- the political form of monopoly. Creepy!
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