this post was submitted on 22 Jan 2024
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If that were the case, companies would go down left right and center. What do you think the gas stations are doing? Landlords? Companies hiring devs? Everything is becoming lockstepped and thats why we are losing.
We need to break up businesses above 999 mil in assets (including other companies) and break up entry barriers for new businesses. Amend the laws to exclude large companies from any securities so it is actually too risky to become this big.
Its not really hard to do but people need to stop working for a day every month to push this. Take to the streets and unionize en masse.
Everyone who is not part of a union is part of the problem at this point.