People call all this consolidation of business capitalism, but it's not capitalism.

In capitalism PEOPLE are free to run business and start any business they want.

But now we have such incredibly large conglomerates that are walking hand in hand with the government, the government gives them handouts and regulates competitors.

Here's some examples of what I mean:

In the US, just four companies: JBS Foods, Tyson Foods, Cargill, and National Beef, control 85% of the beef market in the United States.

Apple and Google control 99% of the mobile phone operating system market.

Pepsi and Coca-Cola control 95% of the soft drink market.

Monster Energy and Red Bull control nearly 80% of the energy drink market

PepsiCo, Tyson Foods, JBS USA, Nestlé, and Kraft Heinz control 80% of food market.

This is not capitalism, it is Public Private Partnership.

This post and comments are published on Nostr.