If corporations are people then mergers are cannibalism and subsidiaries is slavery.
Comment on Do We Really Want a Food Cartel?
AllonzeeLV@lemmy.world 6 months ago
There’s no good argument in allowing mergers of companies that are already large enough to be publicly traded at all.
notfromhere@lemmy.ml 6 months ago
AlternatePersonMan@lemmy.world 6 months ago
(not) > allowing mergers of companies that are already large enough to be publicly traded at all>
That’s a great way of putting it. I’ve said that once you own X market share or produce X revenue, mergers should not be allowed. No innovation or competition comes from letting giant companies devour their rivals. I like your line in the sand better.
AllonzeeLV@lemmy.world 6 months ago
Exactly! It only helps people with two much already hobble competition at those levels.
Civilization has been propagandized to forget that economies don’t exist to maximize capital extraction for investors, an economy is supposed to be a lowly tool of a society used to maximize the efficient and equitable distribution of goods and services for the benefit of saod society.
The tail is wagging the dog, and world governments loudly declare that they will use all the power at their disposal to protect the well being of their beloved
societieseconomies.Just dwell on how perverse that ideology is.
Sanctus@lemmy.world 6 months ago
Institutions survive long after their meaning has been lost. All of recorded history is nearly this identitical power struggle with abstractions applied as time goes on. We have been at this for nearly as long as society has existed. I have small hopes at this point, even our schools exist to prepare children for the factory line. We are so far down this backwards path it might kill us to turn around.