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Garrett Baldwin's avatar

I want to put this additional quote here... because it's very relevant...

I never said, “Jeff Bezos stole from us.”

I said: he and his company built systems of control and dependency that extract value far beyond what any free, competitive market would allow.

That’s not theft — that’s structural rigging. It’s the difference between someone winning a game …and someone owning the game board, the dice, and the rulebook.

If you think questioning that means I’m calling for nationalization, you're skipping about eight layers of nuance.

In fact, in this article, I wrote the opposite.

We’d need user-owned platforms, Blockchain-based marketplaces, the elimination of rent-seeking, stronger antitrust enforcement, and a consumer consciousness that values independence over convenience.

Critique ≠ Confiscation Saying Bezos was unjustifiably enriched doesn’t mean I want to seize his company.

It means I want competition, worker protections, and a functioning regulatory state that prevents platforms from becoming kingdoms.

That’s not socialism.

That’s literally the capitalism Adam Smith warned us to preserve. Read his work, he warned about periods where monopolies are dismantled and power isn’t allowed to calcify.

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Jeff Page's avatar

Thank you for bringing up Adam Smith, he's pillar #1, of course Friedman is pillar #2 and Phil Gramm #3. Phil Gramm was a Senator (Texas, (R), Ph.D economics Georgia), Prof in Economics Texas A&M. I was able to work his 1996 Presidential campaign. Bob Dole got the nod.

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Luciano Mezzetta's avatar

This is one of the most important essays written in the 21st century. Garrett has written the greatest analysis of tech feudalism that I have ever seen. Garrett is now on the same plane as Ricardo, Mills, Adam Smith, and Braudel. Garrett Baldwin goes bail for America.

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William's avatar

Garrett, it has always been about control and enslavement. To begin with I don't have a smart phone, but use my computer and the times I may have ordered something with Amazon can be counted on one hand. This all started hundreds of years ago and is now with digitalization reaching its apex or END GAME. As someone who is a critical thinker, I would suggest trying to obtain a copy of William Cooper's book "Behold a Pale Horse" to delve a little deeper into how the world has become what it is. I am considerably older and have been around the world and seen things first hand. I reside in Bayern, Germany after serving in Special Forces for 3 years. Doug Casey made a comment a number of years ago - "The best thing that could happen for the US and world would be to drop a bomb on DC and one on Wall Street and start over". Sorry about the collateral damage, but most of the people are zombies anyway.

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Lee Berryman's avatar

South Park - Season 22, Episodes 9 and 10 - “Unfulfilled” - They did a great satirical piece on this topic. At the time, I didn’t realize how close they were to the truth. It was quite scathing.

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Carla Plant's avatar

I heard someone say that it doesn't look like a smile. It looks like a phallic symbol, which is fitting. You're getting screwed.

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Carla Plant's avatar

I heard someone say that it doesn't look like a smile. It looks like a phallic symbol, which is fitting. You're getting screwed.

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