It is called feudalism. You have lords owning the land and everybody else needs to rent it. That is what capital is afterwards. You will own nothing, fight.
> The USA needs an equivalent of China's State Administration for Market Regulation (SAMR). This regulatory body generally prevents this tech platform monpoly nonsense
You didn't need a centralized regulatory agency to enforce a law. Even federal laws, if they're written so, can be prosecuted by individual states or even individual persons. Some aspects of antitrust law already work this way.
Doing so can prevent regulatory capture and shelter enforcement from the vicissitudes of politics. It also doesn't require maintaining a government workforce. OTOH, you have to be careful what you ask for. Unless a law is very narrowly tailored then ubiquitous enforcement can have it's own problems, e.g. CEQA.
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[ 408 ms ] story [ 460 ms ] thread> The USA needs an equivalent of China's State Administration for Market Regulation (SAMR). This regulatory body generally prevents this tech platform monpoly nonsense
I guess the author is completely unfamiliar with https://en.wikipedia.org/wiki/United_States_antitrust_law
Doing so can prevent regulatory capture and shelter enforcement from the vicissitudes of politics. It also doesn't require maintaining a government workforce. OTOH, you have to be careful what you ask for. Unless a law is very narrowly tailored then ubiquitous enforcement can have it's own problems, e.g. CEQA.