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samir, unbelievable

@realn2s Yes, I think it’s very good!

When you have several multinational, highly profitable corporations simultaneously conducting mass layoffs, I think it becomes clear that monopolies are failure states.

When you have capitalists taking advantage of discrepancies in fundamental human rights to create a market (e.g. cheap clothes made in terrible conditions), you’ve got a failure condition.

I think the core issue is capitalism as religion.

2 comments
crasher35

@samir @realn2s A way to combat the monopolization of markets is with policies that foster the creation and growth of worker cooperatives and unions.

* Mergers are antithetical to unions
* More union power makes mergers more difficult leaving room in the market for competitors.
* Worker co-ops naturally splinter at scale leaving making their market dominance regional at best.

All of this works within a free market framework.

@samir @realn2s A way to combat the monopolization of markets is with policies that foster the creation and growth of worker cooperatives and unions.

* Mergers are antithetical to unions
* More union power makes mergers more difficult leaving room in the market for competitors.
* Worker co-ops naturally splinter at scale leaving making their market dominance regional at best.

crasher35

@samir @realn2s An example policy: In Italy, they have a policy where if a company lays off workers, those workers can get their unemployment payments as a lump sum and combine them to create a worker co-op.

Naturally, they'll likely be a competitor since that's what they know. They also have the social capital to be able to pull more talent that wasn't originally laid off from the original company.

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