[PLUG-TALK] The Corner Newsletter: The beleaguered railroad industry investigation (fwd)
Rich Shepard
rshepard at appl-ecosys.com
Thu Dec 1 22:03:33 UTC 2022
On Thu, 1 Dec 2022, Paul Heinlein wrote:
> Those controls were, in part, meant to be implemented via anti-trust
> statutes, regulations, and enforcement.
So true.
> Unfortunately, perhaps disastrously, the US government has effectively
> failed to enforce anti-trust rules for well over a generation at this
> point. Doing so decreases incentives for market competition, stagnates the
> labor market, increases the barriers to entry for market newcomers, and
> consolidates capital and market control in just a few hands.
It has been written that the US has the best politicians money can buy. And
they stay bought.
The rise of the Federalist Society (funded by the Koch brothers), and the
Libertarian movement that got Reagan elected and then grew in influence and
effectiveness started 40+ years ago.
If you've not read Kurt Andersen's "Evil Geniuses: The Unmaking of America"
I strongly recommend it to you. It really opened my eyes since I never
closely followed politics.
Stay healthy,
Rich
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