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Track_Shovel , 2 months ago (edited 2 months ago) I’ve said it before, and I will say it again: the endgame of a capitalist system are monopolies or cartels. Usually it takes the following steps: Bunch of little start-up - everyone wants a piece of the pie Some start-ups can’t hack it and either go under or are absorbed by other start-ups Surviving start-ups grow to mid-size of major sized ventures depending on how many competitors or competitor market shares they absorbed Repeat step 2 with remainder of companies until a few are left Presto changeo you got yourself a cartel or monopoly. Consumer power is nil. Example sectors to look at for this: food production industry, mining, computing/silicon Valley
I’ve said it before, and I will say it again: the endgame of a capitalist system are monopolies or cartels.
Usually it takes the following steps:
Presto changeo you got yourself a cartel or monopoly. Consumer power is nil.
Example sectors to look at for this: food production industry, mining, computing/silicon Valley