I don’t think they are the “end goal” of capitalism.
A capitalist philosophy holds the concept of competition as being the sign of a healthy market. Monopolies are undesirable because they have no competition to hold them in check.
The hypocrisy of it is that every capitalist believes they should be the exception. The want to be the one that wins the competition, but also that nobody else should be allowed to.
But they are the end goal of capitalism.
Therefore Capitalism isn’t compatible with democracy.
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The folks who want to “run government like a business” also want to cut taxes and gut the IRS.
What business ACTIVELY tries to reduce revenue?
Ones helmed by people with golden parachutes, who get to benefit from slaughtering the golden goose.
I don’t think they are the “end goal” of capitalism.
A capitalist philosophy holds the concept of competition as being the sign of a healthy market. Monopolies are undesirable because they have no competition to hold them in check.
The hypocrisy of it is that every capitalist believes they should be the exception. The want to be the one that wins the competition, but also that nobody else should be allowed to.
Yep. Oligarchs usually hate competition in the markets, if that means they have to compete.