Rebecca Giblin on chokepoint capitalism [LWN.net]

Rebecca Giblin on chokepoint capitalism

Posted Mar 29, 2023 23:55 UTC (Wed) by motk (subscriber, #51120)
In reply to: Rebecca Giblin on chokepoint capitalism by archaic
Parent article: Rebecca Giblin on chokepoint capitalism

Nah, this is pretty good stuff. You can't libertarian yourself out of enshittification.

Rebecca Giblin on chokepoint capitalism

Posted Apr 3, 2023 0:43 UTC (Mon) by marcH (subscriber, #57642) [Link]

It's no surprise that Libertarianism is especially strong in the USA: this is where "David vs Goliath" myths and cults of many world-saving heroes (fictional and not) are the strongest. Hollywood stories do reflect the specific culture they come from, the one where parents tell their kids that "anything is possible".

So it's no surprise either that monopolies, monopsonies and "chokepoint capitalism"strive here. Designing regulations that can tame them and maintain some competition is really difficult and can indeed backfire, so why bother when you can just wait for David Libertarian to show up and "disrupt" the oligarchy? Like in the movies.