The alternative would be to actually enforce antitrust laws and ensure that companies don't become as big and powerful as countries.
The basis of capitalism is competition. The theory depends on no single company having the power to move the whole market, but this theory is getting decimated by the empirical reality of consolidation and monopolization.
We all forget, because 9/11 happened literally a few days after it was announced, but the new Bush administration decided to give a wrist slap to Microsoft instead of breaking it up, which was the proposal of the Clinton administration. That's essentially when antitrust laws ceased to exist, and in the wake of the failure to do anything about Microsoft, mega-corporations and monopolies have thrived.
The basis of capitalism is competition. The theory depends on no single company having the power to move the whole market, but this theory is getting decimated by the empirical reality of consolidation and monopolization.
We all forget, because 9/11 happened literally a few days after it was announced, but the new Bush administration decided to give a wrist slap to Microsoft instead of breaking it up, which was the proposal of the Clinton administration. That's essentially when antitrust laws ceased to exist, and in the wake of the failure to do anything about Microsoft, mega-corporations and monopolies have thrived.