Pension funds own all large industries as a total, most competition today outside of startup crechee fields is non-existing. Turns out, giving state functionality to free market participants does not make the state more dynamic, it makes the market more like a state, introducing a command economy like central structure and a aversion to change.

The market hurt itself in its victorious confusion. So yeah, that lack of innovation and capability of western economics, your private pension does that.

Now you just let them flourish and buy them up and/or Sherlock them