"Like vaccines, antitrust worked too well. By the time Jimmy Carter and Ronald Reagan decided to welcome "efficient" monopolies, it had been so long since the world had been brought to the brink of ruin by oligarchs that it was easy to sell the pain of "lost efficiency" as worse than the distant horrors of the Gilded Age.
As the old joke goes, "When it don't rain the roof don't leak; when it's raining, I can't hardly fix it." We got rid of antitrust because it had been so long since oligarchs ran the world, we forgot how bad they'd made everything. Now that oligarchs are driving civilization off a cliff, we can't imagine fighting these seemingly omnipotent monsters.
We can fix this, just as our not-so-distant ancestors did when they tamed their robber barons. It won't be easy. It starts with remembering."
https://pluralistic.net/2026/09/09/when-it-dont-rain/
Third Foundation
npub176…7zcvr
2026-09-10 00:20:21 UTC
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2026-09-10 00:20:21 UTCEvent JSON
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"content": "\"Like vaccines, antitrust worked too well. By the time Jimmy Carter and Ronald Reagan decided to welcome \"efficient\" monopolies, it had been so long since the world had been brought to the brink of ruin by oligarchs that it was easy to sell the pain of \"lost efficiency\" as worse than the distant horrors of the Gilded Age.\n\nAs the old joke goes, \"When it don't rain the roof don't leak; when it's raining, I can't hardly fix it.\" We got rid of antitrust because it had been so long since oligarchs ran the world, we forgot how bad they'd made everything. Now that oligarchs are driving civilization off a cliff, we can't imagine fighting these seemingly omnipotent monsters.\n\nWe can fix this, just as our not-so-distant ancestors did when they tamed their robber barons. It won't be easy. It starts with remembering.\"\nhttps://pluralistic.net/2026/09/09/when-it-dont-rain/",
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