InnateAnarchy

InnateAnarchy t1_itt1x8d wrote

I’m sorry in advance that I’m not sure how to format as well as you.

I did not mean to imply any value judgment on the covid restrictions, merely stating they heavily favored the Titans of the industries and Greatly hindered the smaller companies.

You mentioned capital and capitalism as an unending movement toward monopolization. Are you implying that inherently fiat money and capitilsm always end at a monopoly? If so can you elaborate as to why you think that?

I really enjoy this discussion so I apologize if you’re picking up a negative tone but if I understood correctly, I don’t think I agree with this.

We use fiat money along with changing rates to control both the supply and the worth.

As for capitalism, ultimately there hasn’t been any company that’s infallible through time. Even something like Amazon isn’t infallible. So on the side of the companies, I don’t think theres any proof of a company that’s lasted long enough to accumulate to the point of true monopolization.

Id be much more inclined to agree if there was a finite amount of money.

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InnateAnarchy t1_itsmgkj wrote

Covid made things so much worse in that regard. Forced all the smaller business to shut down while letting the bigger ones stay open.

Ppp loans galore to the biggest companies.

An absurd amount of mom and pop + smaller franchises shut down.

In other words, the governments of the world basically ensured everything is monopolized.

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