• madnificent@lemmy.world
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    13 days ago

    Fully agree, regulation is needed. We can exclude small companies from some of them so getting started is easy.

    Similarly to what you comment on, I read studies which looked at what would need to happen for Europe to create companies of that size. They study what is holding companies back. Some of what they find may be right such as the lack of available risk capital, the availability of a unified market, and the easy connection to other companies. Yet the whole premise feels wrong. We don’t need that size of corporations. We need many smaller companies standing together as a whole.

    We need a shared basis for a free market.

    For those who forgot: a free market is one where many can compete on the same basis. It is not a market without rules, it is one requiring rules for a level playing field.

    • justaman123@lemmy.world
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      13 days ago

      Yeah, pretty much every problem we are facing from climate change, to the wealth inequality are caused by the ability of corporations to consolidate and acquire power