It's just capitalism.
Like read ONE(1) book please for the love of god.
Concentrating a lot of wealth in the hands of few people who then have complete power over what human endeavor gets funded, and potentially given insane financial advantages over more virtuous competition, to obtain monopolistic positions.
It turns out : this is bad, empirically.
Of course any analysis a priori would have also netted this result.
Concentrating a lot of wealth in the hands of few people who then have complete power over what human endeavor gets funded, and potentially given insane financial advantages over more virtuous competition, to obtain monopolistic positions.
It turns out : this is bad, empirically. Of course any analysis a priori would have also netted this result.