Survival of the unfit corporates

A duopoly is where innovation goes to die.

In Vulture Capitalism, the author argues that much like Feudalism, which involves landowners abusing the workers, capitalism involves capital owners abusing the workers. The government picks winners and losers all the time on behalf of capital, but the entire process is couched in the language of free markets to make it seem like there is some kind of freedom involved.

The only purpose of Free markets is to allow Capitalists to get away with anything.

The term ‘free market’ was invented by the British because they were so pissed when the Chinese would restrict their ability to sell opium in China. They wanted to buy all the Tea that China could produce but had jack squat that they could sell in return. They produced Opium in India and sold it in China.

It was with the Free Trade argument that the empire entered into war with China aka the Opium Wars and delivered what the Chinese called the lost century.In biology, they say diversity is necessary in a gene pool. Too much inbreeding makes the gene pool stagnant and eventually causes poor health and death.The aeroplane manufacturing industry is a classic story of government-supported capitalism gone awry mixed with excessive consolidation (a.k.a. inbreeding) causing the ultimate calamity.