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rland | 3 years ago

I didn't want to seem long winded, but the market structures you describe are common to many if not most markets we have for goods and services, at least here in the US.

For example:

Food, agriculture, energy, media (print/radio/movies/home video), most commodities, productive inputs... there is little that you can buy that is not part of what I would loosely call a "conglomerate" -- that is, a concentration of capital so large and intense that it tends to influence the markets in which it operates. In fact, markets are today less competitive than they have ever been.

Those things that are (I would argue, seem) "competitive" here, like fashion, consumer products, and the like, are frequently as or more exploitative and influence markets (specifically, labor markets) abroad, up to and including slavery. Just because we don't feel that pain doesn't mean others are free of it.

This is because we have done nearly nothing, culturally, politically, economically, or psychologically, to stop the movement of power -- just as you described -- out of the hands of the many people and into the hands of the few entities that control such markets.

The free market, where each individual has the power of their dollar, is delicate indeed. Much more delicate than we have appreciated in the last several decades.

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