• rottingleaf
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    10 months ago

    are things like unregulated markets increasing wealth inequality

    But one would think they don’t increase it really.

    It’s cronyism coupled with regulations (as in patents and IP law) which increases it in case of big fish.

    It’s also literal crimes not being prosecuted, like actual fraud (or selling not what you advertise, or pressing out competition by non-market means, or not paying your employees, or bribing officials, or …).

    I don’t see this being connected with market regulations. Actually in case of IP and cronyism market regulations are present on the side of “the big fish” here.