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Comment by crisdux

Capitalism is not only defined by the accumulation of capital, but also by competition. The interplay between market forces, competition, innovation, and regulation in capitalism works against the formation of monopolies.

The aerospace industry is not a good example of capitalism. What we have with Boeing is basically a government sanctioned monopoly. It’s basically a weak form of nationalization, without the stigma.

parent crisdux 2 years ago

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