[American biased post, because that’s what I know and where I am]
Been screaming that capitalism is not the problem you are experiencing. Monopolies, or more to the point, cartels, have exploded in scope over the past 40-years. Think of a company you hate, a company that’s fucking you over, a company that’s fucking us ALL over. Bet they fit the bill.
Hate your job at Lowe’s? Go to Home Depot! wait… There’s a great family-owned, local hardware store, but I can’t afford to shop there.
Walgreens piss you off? Just go to CVS! well damn… New local pharmacy chain is really nice! They can’t take my insurance.
If you’re under 40, or maybe even under 50, I cannot relate how alien this all is, the words fail me. If you’re in your 20s or 30s, it’s easy to think it was always like this. Oh hell no it was not.
Along with allowing corporations unlimited political “speech”, i.e. campaign contributions, the proliferation of cartels will go down in history as America’s failing point. (Basically the same thing?)
News like the current entertainment mergers didn’t fucking happen. And here on lemmy we’re talking, with a straight face, about the ups and downs of the Netflix/Warner Bros./HBO merger. And if you’ll remember, Warner Bros./Time Warner/AOL was the largest merger in US history!
these things are linked you know? the failure of one shows the failure of the others
No. The same government in any other economic system would produce similarly worse outcomes. We can see its not related to the economic system by looking around the world at all the capitalist economies without these issues.
America has these monopolies because they intentional chose to ignore the law and not break them up. The culture of the people in government was and still is rotten.
if the system does not account for its government, or its culture, then the system is wrong, and will fail.
you can not expect success from a system that fails when up against human nature, its literal purpose is to interface with humans.
that being said, no system lasts forever and should be considered only as useful as the how effective freedoms are and the length of time it can be maintained