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Comment by nawgz

Notably from January 11, 2022

Also, the argument makes no sense

> corporations have always been greedy and there was no inflation in the 2 decades before covid

Corporations have clearly achieved deregulation at a greater scale than ever before, both thru devices like regulatory capture to weaken regulatory instruments, and by achieving wealth and therefore power at scales comparable to first world nations.

The past did indeed happen in the past, but our past - unlike the authors of that article - includes knowledge of a full year of ludicrous financials and outsized margins being published by corp after corp.

What does any writing not from 2021 say? I already addressed that point quite nicely for the audience, I thought.

parent nawgz 3 years ago

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