Anything that can't go on forever eventually stops. Monopolies are intrinsically destabilizing and inevitably implode...eventually. Guessing which of the loathesome monopolies that make us all miserable will be the first domino is a hard call, but Ticketmaster is definitely high on my list.
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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
@pluralistic It is strange for the US Empire to appoint people who seem to threaten "Private Property", even if that property was amassed on the blood and bones of People. What relationship do you think the recent monopoly breaking rhetoric (and even action!) might have with the meteoric rise of Private Equity Funds?
Perhaps, chopping up the enourmous Hogs for the Wolves to feast on? Because nothing changes till the #trickledown idiocy stands unchallenged!
Yet again trickle down economics have been debunked. Every time Republicans bring this up they should be laughed out of town. Unfortunately interviewers never seem educated enough or bold enough to shut the shit down when it is mentioned. Biden should be doing Presidential addresses talking about it until it's in the zeitgeist and even Trumpers know it even if they didn't want to admit it.
Your April Fools' Day Reminder that trickle-down economics is the greatest trick of all. It's nothing more than a cruel hoax designed to enrich corporations and the super-rich at your expense. Don't fall for it.
@rbreich #TrickleDown is actually perfectly correct but the trick is that it has been turned upside-down!!
The #MoneyCycle works like the #WaterCycle:
Evaporation = Tax
Condensation = National debt reduction
Rain = Govt expenditure (onto highlands & tiny streams, waters/funds 100% of the economy; onto the oceans funds nothing!)
Trickle-Down: from the millions of LOWEST income streams to the 0.01% oceans of wealth, fuelling the entire economy on the way!