Corporate Power Centralization

I think it’s just the law of Nature and social interactions. People/companies/entities get into the positive or negative self-reinforcing cycles. Exact same thing happens under the Socialism/Communism. Dr. Jordan Peterson talks a lot about it. The real danger is when companies become monopolies. I think at this point, it’s the role of the government to break them up. Lately, the governments have been refusing to constrain the monopoly powers and that’s a big problem.

All roads lead back to about half a dozen companies. The concentration of power is astonishing and terrifying. They have all of the US, maybe even the world, checkmated. Nothing good will come from this.

Manufactured consent and money in politics are more like symptoms of a deeper problem of centralized wealth. As long as megacorps are allowed to exist and dominate markets and getting super rich in general is allowed, could there be enough competition and interest to pursue fairer distribution of power and wealth through democratic means? Probably not, everyone with some wealth and power would be against it. But this does happen. In some countries certain industries are very competitive and caus

Yes, there's a massive trend towards centralization where it's winner takes all, almost like unregulated private monopolies. Government regulation can't keep up and these corporates get richer and more powerful, at the expense of the businesses they "serve". We do seem to have reached a peculiar extreme of capitalism.

Yeah, power always consolidates unless people use violence (or threat of violence) to stop it. Companies merges to bigger companies, company owners loves this, that is bad and gives people less freedom. Countries merges to bigger countries, politicians loves this, that is equally bad. The more the power is spread around the better, but everyone who sits on power tries to work against that.Note that giving all the power currently held by capitalists to politicians is also consolidation of powe

The fact that entities large enough to control so many resources by themselves exist, is not a good thing.

> power is being centralized in these large tech giants. It's not so much that they are inherently badAs power becomes more concentrated, abuse of that power gets more likely.

The last point in the article hits the nail on the head; power is being centralized in these large tech giants. It's not so much that they are inherently bad, but it's that there are quickly becoming no alternatives.

This is what happens when we let one company get too much power on the web.

What kind of question is that? What are you arguing for?Do you think extreme concentration of power and wealth is good? Do you want to be free? Do you want to elect your leaders?Again, this is not about SpaceX and Amazon and other companies. These companies do cool and good stuff! The topic is the concentration of power and wealth and the negative externalities of that.