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Ben
@benersing
Tell me why this statement is incorrect: If you want free, open market competition then over a long enough time horizon you have to accept eventual capture by a centralized entity/person. By nature, competition leads to a winner. A winner, means some level of centralization. What can change is the type and degree of decentralized checks on the constant pursuit of centralized power.
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Cameron Armstrong
@cameron
+1 to @dawufi's point about market turmoil, altho I'd also point out that there are also markets where even with centralizing forces no one "wins it all" (usually bc the industry + margins sucks ass like airlines etc but sometimes govt helps here)
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dawufi
@dawufi
Airlines: where no one wins
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