236
let 'er rip (lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
[-] rowinxavier@lemmy.world 78 points 1 year ago

Actual direct conspiracy is usually not necessary to achieve the outcomes of most nefarious things people worry about. Two rich people which both want to protect their own wealth can look at each other and their respective actions and then take next steps working to protect their wealth without ever talking to each other and get basically the same outcomes as if they had coordinated. Shared interests and a reasonable understanding of the likely outcomes of choices can be almost as good as direct conspiracy.

[-] Xerxos@lemmy.ml 4 points 1 year ago

That's why you need regulations: the market doesn't regulate itself.

load more comments (4 replies)
this post was submitted on 19 Jan 2024
236 points (92.8% liked)

Bikini Bottom Twitter

3625 readers
152 users here now

Are ya ready kids?!

founded 2 years ago
MODERATORS