Hacker News new | past | comments | ask | show | jobs | submit login

This is simply how markets work.

Currently the US has so much wealth disparity that billionaires will simply move from monopolizing one industry to another, whenever it becomes legal and lucrative. Ideally, we would have mechanisms that prevent this kind of consolidation to make the market work better.




Yeah, but when you tweak the laws to favor certain investments that ain't quite "how markets work" anymore.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: