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Joined 3 months ago
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Cake day: August 25th, 2024

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  • I’m finding it very difficult to see why Texas should be allowed to remain independent. They can’t maintain their infrastructure, they can’t provide for their citizen constituents, and they frequently signal a willingness to demean America by association. They’re not good at governance and are constantly begging for Federal handouts.

    So let’s just take over the state. Send in the Feds, remove the Executive branch and State supreme court justices, and disbar the legislative officers. They keep fuckin around and it is past time they started finding out.


  • I agreed that they are the natural outcome, in the absence of effective regulation. Sans means without.

    Capitalism inherently concentrates wealth, and as wealth concentrates, it builds upon itself while seeking out novel opportunities to deepen influence. We see this phenomenon in modern economic scenarios as individuals gain the ability to co-opt political forces, and create larger and larger wealth watersheds.

    In other words, the existence of billionaires is a symptom of a broken system- one that has NOT effectively been regulated. They become monopolistic entities unto themselves. Billionaire brands then gain further leverage via network effects, creating a snowball that only government intervention can safely defuse. It doesn’t matter if one billionaire is “good,” nor one politician. As Edwards Deming famously said, “a bad system will beat a good person, every time.”


  • Sure, sans regulation. The point of govt regulations is to ensure that platforms that control two sided markets are not given complete largesse to fleece the participants. It’s ultimately a defeating strategy with diminishing returns, as both producers and consumers lack the necessary surplus required to participate AND to invest/reinvest resources toward long term growth. Another reason that stock buy-backs used to be illegal.

    And obviously you can probably guess I believe they should be illegal again.