Journal GoneGaryT's Journal: Heads up: politics
Someone said something really interesting about the failures of capitalism here this week - sorry, didn't catch the username but hey.
Now communism was deemed a failed politic because all communist regimes end up pretty quickly as dictatorships. That's not communism, of course, but then that's why it fails - power ends up in the hands of the few rather than the many.
What geezer X pointed out this week is that monopolies represent a failure of capitalism. Capitalism is heavily based on the idea of competition, but when competition has been vanquished (c.f. Microsoft) one ends up with a dictatorship of sorts. Same end result as communism. Same bankruptcy of ideology.
Nice one, geezer X.
Heads up: politics More Login
Heads up: politics
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