this post was submitted on 07 Nov 2023
2211 points (92.8% liked)
Microblog Memes
5846 readers
2318 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Regulatory capture is inevitable in capitalism. There is no reigning it in. Any small imbalance in wealth can be leveraged into a much larger imbalance. If politicians start glancing their way, then they will setup institutions to protect their wealth--anything from super PACs to Fox News.
This is not a Len exclusive capitalism thing though as centralization in any political or financial is always a risk of getting too big as you pointed out. But it can and has to be managed. History has lots of examples, but it seems to come and go in waves as it is hard to clamp down when the times are good.