> I would argue that capitalism does not favor this "concentration of power," in fact quite the opposite.
That's nice and all, but history says otherwise, with the Gilded Age as the primary example: Monopolies existed in the relative regulatory vacuum, and it took government power to break them up.
That's nice and all, but history says otherwise, with the Gilded Age as the primary example: Monopolies existed in the relative regulatory vacuum, and it took government power to break them up.