Corporate greed is definitely a factor. But that can only run rampant without strong competition. And it’s the job of antitrust enforcement to make sure there is competition. Which they have been failing miserably at for decades.
To toot the anticapitalist horn, antitrust and regulations and anything such is fundamentally in opposition to our economic system. We’re constantly fighting the system, just to get a liveable life. We fought just to get 8 hours a week and some economists in the 19th century and early 20th century imagined we right now would be having 15 hour work weeks. Guess why we don’t do 15 hours a week. Because the economic system, capitalism, benefits more the more we work. Capitalism would love to take us back to 12 hour days 6 days a week. Actually capitalism would want us working every single waking hour and also in our sleep if we could be productive in our sleep.
This is why I’m a socialist, because I don’t see why we maintain a system we need to keep fighting with when we could work on replacing it with a better system that et don’t need to fight with.
Corporate greed is definitely a factor. But that can only run rampant without strong competition. And it’s the job of antitrust enforcement to make sure there is competition. Which they have been failing miserably at for decades.
To toot the anticapitalist horn, antitrust and regulations and anything such is fundamentally in opposition to our economic system. We’re constantly fighting the system, just to get a liveable life. We fought just to get 8 hours a week and some economists in the 19th century and early 20th century imagined we right now would be having 15 hour work weeks. Guess why we don’t do 15 hours a week. Because the economic system, capitalism, benefits more the more we work. Capitalism would love to take us back to 12 hour days 6 days a week. Actually capitalism would want us working every single waking hour and also in our sleep if we could be productive in our sleep.
This is why I’m a socialist, because I don’t see why we maintain a system we need to keep fighting with when we could work on replacing it with a better system that et don’t need to fight with.