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this post was submitted on 11 Jul 2023
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There really needs to be more regulation. For instance how Facebook and Google just buy all the competition. Unfortunately introducing new regulations or enforcing current ones keeps getting harder due to corruption.
The class that holds power in society also controls the government. Under capitalism, the government will always represent the interests of big capitalists first and foremost.
That is only a patch on a sinking ship. Capitalism will always lead to such "corruption" bc it strives for profits and when it hits a roadblock like regulations it will try to circumvent it. The system is just trash
All we have to do is force companies to increase profits by providing a better product or a lower price and not by sabotaging or eliminating the competition.