Comment Re:Communism doesn't work for humans. (Score 1) 138
Fantasy, unless it's well and thoroughly regulated. Capitalism when free incentivizes monopolization and centralization of power and eliminates competition.
Nonsense. Look at the history of most monopolies: they got that way due to deals with government bodies that prevented competition. See the Bell System, railroads in the 19th century, municipal cable franchises, etc. There are cases of monopolies achieved through purely technological means: for years Alcoa had a monopoly on the only cost-effective means of producing aluminum, but even then they were kept in check because manufacturers could often substitute other materials.
The creative destruction of capitalism makes it hard for even giant players to stay on top. Remember 15 years ago, when Microsoft was king? For years now, Apple has made more from iPhones alone than Microsoft makes from everything. 50 years ago people worried that GM and US Steel would grow too big.
Finally, regulation has downsides, and is often used by big players to squelch small ones. See regulatory capture.