And what happens when one company buys so many other firms to merge them into itself in the pursuit of more capital (as incentivised by the system) that it ends up with more power than all the other firms combined?
Does it still allow all the other firms to exist or does it just crush them and exert a total monopoly?
Anyone that achieves a monopoly on violence becomes a defacto government and state. I companies are incentivised into monopoly over time under capitalism then this is an inevitable outcome of this system too.
And what happens when one company buys so many other firms to merge them into itself in the pursuit of more capital (as incentivised by the system) that it ends up with more power than all the other firms combined?
Does it still allow all the other firms to exist or does it just crush them and exert a total monopoly?
Anyone that achieves a monopoly on violence becomes a defacto government and state. I companies are incentivised into monopoly over time under capitalism then this is an inevitable outcome of this system too.
But you see, monopolies only exist when there’s a government involved /s