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The worst possible antitrust outcome

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Re: The worst possible antitrust outcome

#5

Americans have allowed the rich to become too wealthy. The kind of power that comes with billions of dollars just doesnt work with justice or democracy.

I have nothing against rich. I have everything against a single person having a megaphone for themselves and a gag for everyone else and still calling it a democracy. We need strong laws that reduce the voice of money and increase the voice of individuals. Having said that, the practical implication is that money needs to loose power and there are very few ways to truly do that other than just take it away. So, I agree that our only known practical path to a healthier democracy is to make it harder to be pathologically rich.

Re: The worst possible antitrust outcome

#7
post #5

Americans have allowed the rich to become too wealthy. The kind of power that comes with billions of dollars just doesnt work with justice or democracy.

I have nothing against rich. I have everything against a single person having a megaphone for themselves and a gag for everyone else and still calling it a democracy. We need strong laws that reduce the voice of money and increase the voice of individuals. Having said that, the practical implication is that money needs to loose power and there are very few ways to truly do that other than just take it away. So, I agr…

Yes, ideologically, i had no issue with people being rich, it's people having undue power over other people that i found morally wrong. I was a libertatian almost in the american meaning of the word, a liberal libertarian. Then, i tried to put my ideas real conditions, and came to the realisation that as long as money could buy you power, you can never be free. I don't realistically see how we can limit money influence on power, when you can offshore your company in two days, so in a practical manner, the only way to limit how rich one can get, until we figure out the rest.

Re: The worst possible antitrust outcome

#8

Americans have allowed the rich to become too wealthy. The kind of power that comes with billions of dollars just doesnt work with justice or democracy.

> The kind of power that comes with billions of dollars just doesnt work with justice or democracy.

The government has billions of dollars. Thankfully government officials are immune to the corrupting influence of billions of dollars.

Re: The worst possible antitrust outcome

#9

Americans have allowed the rich to become too wealthy. The kind of power that comes with billions of dollars just doesnt work with justice or democracy.

Plenty of billionaires all over Europe. Relative to salaries the spread is quite worse. Democracy there is perfect
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