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   alt.politics.socialism      Everything thats yours is now mine      19,807 messages   

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   Message 18,788 of 19,807   
   The greatest truth is honesty to Jos Boersema   
   Re: How decisions are made in Market Soc   
   05 Nov 19 15:52:53   
   
   XPost: soc.culture.jewish   
   From: The_greatest_truth_is_honesty@truth.com   
      
   On 03 Nov 2019 17:33:36 GMT, Jos Boersema wrote:   
      
   > On 2019-11-03, The greatest truth is honesty  wrote:   
   >> On 03 Nov 2019 12:17:01 GMT, Jos Boersema wrote:   
   >>   
   >>> We should also drive hard laws that make it impossible for   
   >>> anyone to own obscene amounts of Capital (wealth, land, businesses),   
   >>> because it destroys both the market and the representative State.   
   >>   
   >> What is obsecene and how does it destory market and the representative   
   >> State?   
   >   
   > Extreme wealth concentration destroys the market, because a market   
   > requires many independent businesses to compete, whereas if one or a few   
   > of them become extremely large / wealthy they will have the effect of a   
   > Monopoly or Cartel in that market. When they get even larger, they get   
   > so much money that they can start influencing politics in a big way, for   
   > example by buying up the newspapers and TV channels.   
      
   You are talking here of the problem of monopolies, not big money as such.   
   For example, without access to large sums of money, you can pay and operate   
   an oil rig, you cannot lay an internet cable to cross the ocean, you cannot   
   design and build planes, etc.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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