Gary Kasparov pointed this Taft fact out as well, so people are thinking about the need to break up monops.
I sort of worry with a global system, you break up a local monopoly, will a foreign monopoly take over the vacuum?
Gary Kasparov pointed this Taft fact out as well, so people are thinking about the need to break up monops.
I sort of worry with a global system, you break up a local monopoly, will a foreign monopoly take over the vacuum?
I share your concern, but I perceive it slightly differently: state-sponsored corporations of very uncapitalist regimes such as China are free to throw their weight around to derail and manipulate capitalist economies to their favour. How can a free and democratic nation ensure that their capitalist system can function if a super-power is dedicated to sabotage it to help further their agenda?
This is great when we are undermining laws of nature, much more case dependent when we are undermining explicit policy decisions.
[0] And frankly, what country is entirely capitalistic in all of its industries.