Here's a great example of how the politics of the economy sucks us all in. The almost universal hatred of…
Here's a great example of how the politics of the economy sucks us all in. The almost universal hatred of monopolies. A monopoly is just an economy of scale. The 'free market' will produce monopolies, because the free market is a myth. /1
https://t.co/2Jen1SRJ3f
Business creates monopolies because it's a vastly more efficient way to do business. As Cory says, even where you don't think it's a monopoly, a business is often controlling supply chains to effectively act as one. /2 https://t.co/S2cgnMGfmS
There's nothing evil here, it's practical logistics. Rather than see this rejection of the idea of the free market by business itself as a resounding victory, a massive own-goal by the free marketeers, the Left of politics unites with them in tearing the monopolies down. /3
All that tearing down does is create that atomised individual/small business nonsense utopia of the free marketeers. Except it doesn't, because the monopolies just keep re-forming, no matter what we do. It's logistics. The Left should see it as collective wisdom triumphing.../4
...over individualist fantasies. But today's Left is really just house-trained conservatism. 'Compassionate' conservatives. They all agree with the same idiot ideas, that society is an economy, a free market. Empirical reality constantly proves them wrong. /end