You do not understand capitalism very well if you think cartels are abberant.
They do not break capitalism.
They are capitalism.
Either oligopolies or monopolies are the theoretical end point of basically any possible unregulated capitalist market structure given enough time, or enough corruption (‘subsidies’).
If you think thats not correct, please do tell me how global financial markets work.
I’m sure its just very close to that theoretical idea of perfect competition and a near infinite number of nearly equillvalent actors, right?
And money itself, currency, definitely not like a cartel, I’m sure.
Greatest trick the devil pulled on you was just telling you a childish fantasy was reality, and then you just kept on liking that idea, because it made for simple heroes and simple villains.
You do not understand capitalism very well if you think cartels are abberant.
They do not break capitalism.
They are capitalism.
Either oligopolies or monopolies are the theoretical end point of basically any possible unregulated capitalist market structure given enough time, or enough corruption (‘subsidies’).
If you think thats not correct, please do tell me how global financial markets work.
I’m sure its just very close to that theoretical idea of perfect competition and a near infinite number of nearly equillvalent actors, right?
And money itself, currency, definitely not like a cartel, I’m sure.
Greatest trick the devil pulled on you was just telling you a childish fantasy was reality, and then you just kept on liking that idea, because it made for simple heroes and simple villains.