[Loudergood]

Neo-industrialists were let off their leashes and went straight back to their old favorite, wealth extraction. Rockefeller strangled the economy by controlling the trains and pipelines undermining his competition rather than competing on quality. When they can hoard enough cash to buy any potential competitors (see Meta buying Whatsapp and Instagram) it distorts the market. VCs no longer want to build companies they want to sell them.

Fossil fuel can't compete with wind and solar so instead it spends its resources trying to kneecap them rather than innovate.

PE buys up all off an industry in an area and puts the price squeeze on the consumers.

B2B has transitioned from one time sales to a focus on MRR.

Microsoft jams copilot into everything whether it makes sense or not so that it can goose the usage numbers for investors.

Google is incentivized to push ad clicks over legitimate results because it has no real competition.

I could go on for pages and pages. Industry consolidation is what's destroying innovation.