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submitted 2 days ago by nzmaa@lemy.lol to c/4chan@lemmy.world

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[–] WoodScientist@sh.itjust.works 7 points 1 day ago (1 children)

Companies in the US have merged and merged, becoming ever larger. Most industries are dominated by 2 or 3 companies. And private equity firms own a staggering portion of the economy. As these companies become larger and larger, they start behaving more and more like Soviet central planners. Cheap efficiency at all cost. Standardization in all things. Minimum viable product.

[–] Pencilnoob@lemmy.world 6 points 1 day ago

As these companies become larger and larger, they start behaving more and more like Soviet central planners.

I think you've hit the nail on the head. We've become a centralized economy through weak monopoly enforcement.

Combine that with everyone $500k poorer because the billionaires acquired it. A recipe for depressed, anxious, angry, feed-addicted rats in a cage.