Pluralistic: Two principles to protect internet users from decaying platforms (10 May 2023)


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Weak Institutions

It’s not a fair fight.

A bank fault. In front of the vault is a guardhouse. it is guarded by a crying baby in an impressive, oversized uniform
Kyle Flood, CC BY-SA 2.0, modified

I don’t care who does the electing, so long as I get to do the nominating.

— Boss Tweed.

Around 2010, I had a problem. My kid was just turning two, and finally starting to sleep through the night, which was a blessing, but then a mysterious company bought the building next door to our east London flat.

The building next door had been sitting empty for years, ever since a safety inspection determined that a) it was full of asbestos and b) it lacked a fire-exit. Either one of these made the building unfit for commercial or residential use, and the long-term tenants had moved into other office buildings in the neighborhood.
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Pluralistic: Convicted monopolist prevented from re-offending (27 Apr 2023)


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Pluralistic: Is antitrust anti-labor? (14 Apr 2023)


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Pluralistic: Spirit warned investors that merging with Jetblue would be illegal (12 Mar 2023)


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Small Government

The ref has to be more powerful than the players.

An ogrish figure standing at a podium. The podium has a lever in the shape of a gilded dollar sign. The ogre is yanking the lever. The ogre wears a tuxedo and top-hat. In one gloved hand, he dangles an old West sheriff with a long-gun in his hands and a gold star over his breast. The ogre chomps a cigar and sneers at the sheriff.

 

When neoliberal economists began dismantling the regulatory state under Ronald Reagan (a process that has continued without interruption under every president, Republican and Democrat, since), they insisted that they weren’t so much concerned with regulation, but rather, regulatory capture.

Today, the phrase “regulatory capture” gets thrown around by people of all political persuasions, and is understood in a colloquial sense, meaning something like, “a regulator who is beholden to its industry and therefor makes bad regulations that run counter to the public interest.”

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Pluralistic: The antitrust Twilight Zone (16 Dec 2022)


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Pluralistic: How monopoly enshittified Amazon/28 Nov 2022


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Pluralistic: 10 Nov 2022 Amazon and Apple have an illegal price-fixing conspiracy


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Pluralistic: 10 Oct 2022 Antitrust is – and always has been – about fairness


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