The US is corrupt enough at this point the only thing massive corporations have to do to survive is be massive.
Many companies that never even have turned a consistent profit are major players in the US economy.
The idea of valuing actual market competition is a distraction conservatives point to as a cool aesthetic and it has little to do with the economic reality of the US. So long as the right people are in power a dictatorship is totally acceptable to conservatives by and large and the inevitable end result of that as we are seeing are stunning displays of incompetency at the highest levels of power.
forkDestroyer@infosec.pub 7 months ago
Last I checked years ago, they sold their carbon credits for a whole lot of money whenever they earned them.
SpookyBogMonster@lemmy.ml 7 months ago
Yeah Tesla only incidentally makes cars. Their accrual business is being a Carbon Credits dealer. Which just goes to show that the whole concept of carbon credits is nonsense. Climate change can’t be solved by market mechanisms
willington@lemmy.dbzer0.com 7 months ago
If the problem we want to solve is how to consolidate wealth and power in a few private hands the fastest, the unregulated free markets is the solution.