What? You mean global cartels controlling a plurality (if not majority) of the world’s wealth break the free market? Say it ain’t so!
Seriously, getting everybody to forget the basic fact that the fossil fuel industry is a cartel is one of the first priorities of the fossil fuel industry’s propaganda playbook. This article might as well be written by one of their FUD propagandists.
Cartels are natural parts of capitalism, I don’t know why you’re pretending they’re somehow not capitalist for using the mechanisms of capitalism to gain control of capital.
Nobody said that, I’m simply pointing out that cartels are part of capitalism, free market or no, and don’t “break” anything. They’re an inevitable consequence of the system.
What? You mean global cartels controlling a plurality (if not majority) of the world’s wealth break the free market? Say it ain’t so!
Seriously, getting everybody to forget the basic fact that the fossil fuel industry is a cartel is one of the first priorities of the fossil fuel industry’s propaganda playbook. This article might as well be written by one of their FUD propagandists.
Cartels are natural parts of capitalism, I don’t know why you’re pretending they’re somehow not capitalist for using the mechanisms of capitalism to gain control of capital.
The ability to weaponize capital markets doesn’t make them inherently bad.
Nobody said that, I’m simply pointing out that cartels are part of capitalism, free market or no, and don’t “break” anything. They’re an inevitable consequence of the system.