Comment
Comment by frgtpsswrdlame
The solution really is a revitalization of antitrust policy. The reason markets work is because participants in them are bound to a 'race to the bottom' with many other participants doing the same thing. When companies aren't forced to race to the bottom against each other, the conditions of authoritarianism rise. Authoritarian structures don't have to necessarily come from government - monopolies, oligopolies and implicit cartels are some of the authoritarians of today. The question is have we reached a point where technology and globalization provide such enormous returns to the economies of scale that we can't go back or is all this corporate concentration just due to a lack of government enforcement?