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originally posted by: MRinder
originally posted by: AutomateThis1
That's dumb.
Lol, what's dumb about it?
originally posted by: MRinder
a reply to: Lumenari
The government gets dividends from all the businesses, mfg returns, Displaced workers get paid by the government just like they are now, but the government is flush with cash from owning a percent of every business..
You won't need a tax base to generate revenue because the return on these investments should generate an ever growing hunk of revenue.
Duh!
Ideally, companies that compete tend toward more efficient operations, they have to to keep up with or get ahead of their competitors.
originally posted by: MRinder
a reply to: Lumenari
The government gets dividends from all the businesses, mfg returns, Displaced workers get paid by the government just like they are now, but the government is flush with cash from owning a percent of every business..
You won't need a tax base to generate revenue because the return on these investments should generate an ever growing hunk of revenue.
Duh!
So there are already antitrust statutes on the books, they just need enforcement, and lack of enforcement has been the problem.
These mergers are not small combinations, but giants merging with giants. Microsoft bought LinkedIn, Amazon merged with Whole Foods and Monsanto was merged with Bayer. In cynical fashion, the name “Monsanto” is being dropped in the new company, because it had become so toxic to activists.
You may think of Google as a single organic entity, but in 2011 it bought a different company every week. Facebook, whose questionable practices are on full display with the scandal of Russian interference and its discriminatory advertising, doesn’t have a lot of competition because it bought the competition: it owns Instagram and WhatsApp.
America is getting crushed by big, unresponsive, powerful corporate monopolies
These mergers hurt everyone except for the CEOs and the investors who make money off of monopolistic prices. Workers get less pay and stripped benefits, and unions are stuck with little bargaining power. Consumers, meanwhile, are often stuck with unresponsive call center customer service and hidden fees.
Just think about the hours you spend talking to Spectrum when service is bad – would you spend those hours if there was real competition? It hurts the small and medium-sized business owners that are the vibrant, innovative heart of a thriving
democracy. It also hurts our democracy: these companies are like little fiefdoms, spending millions in politics to buy silence from lawmakers.
The federal government has shown little willingness to stand up to corporate monopolies, and use its powers under the existing antitrust statutes, including the powerful Clayton Act and Sherman Act.
originally posted by: MRinder
a reply to: Lumenari
The government gets dividends from all the businesses, mfg returns, Displaced workers get paid by the government just like they are now, but the government is flush with cash from owning a percent of every business..
You won't need a tax base to generate revenue because the return on these investments should generate an ever growing hunk of revenue.
Duh!
originally posted by: MRinder
Maybe this is a way to save the country. What If we invest another 2 to 3 trillion dollars and put robots in place of humans every where that is possible. Thoughts?
originally posted by: MRinder
originally posted by: AutomateThis1
That's dumb.
Lol, what's dumb about it?