A rare bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations.
  • Ohmmy@lemmy.dbzer0.comEnglish
    82·
    3 months ago

    I’m all for capitalism, but not the current near limitless capitalism

    That’s just capitalism. Capital is power and if you allow people to be more powerful than others, they will use that power to amass more power. There never was and never will be limitless capitalism because we live in a finite world but there will be limitless suffering for the sake of profit.

    • Phoenixz@lemmy.ca
      1·
      3 months ago

      That is a way too simplistic take.

      I mean capitalism is good as long as you have strong laws against monopolies, oligopolies, higher taxes the richer you get up to 100% at a certain income point. Don’t allow ownership of 100 houses for anyone (or any company), limit the maximum size of companies in value and employees, that sort of thing…

      • Ohmmy@lemmy.dbzer0.comEnglish
        1·
        3 months ago

        Yeah, then it can just export all of the problems to other countries and abuse the hell out of those with no power to fight back.

        • Phoenixz@lemmy.ca
          11·
          3 months ago

          Oh yeah, and communism famously was never abusive to other countries. The USSR never never ever abused anyone inside and outside, same as China, they would neeeeever!

          • Ohmmy@lemmy.dbzer0.comEnglish
            1·
            3 months ago

            This is some peak capitalist realism. Never once did I say that communism was the solution, I provided no solutions at all actually, and I simply pointed out the flaws in capitalism but you know so little about economic systems to go to communism.

            Can’t do any more mental gymnastics to defend capitalism so you go to fear of another system not even discussed. You and I are not immune to propaganda and if you believe in democracy then why would your workplace not be democratic? The manufacturers never would have voted to move their jobs to China during the late 20th century. The capitalists did it. Walmart was a small family business and now it’s the largest employer in the US and half of it is owned by people born into a specific family like a monarchy.

            I get that you support Keynesian economics but this was before globalism and you can’t rely on a government to fight capitalism in places it doesn’t govern.