Friday, August 16, 2024

Antitrust: The Appropriate Pursuit of the Narcissists Who Create It.

Three quick quotes:

Those who forget history are doomed to repeat it.

Those who erase history are trying to repeat it.

First line is attributed to: George Santayana;

Second line: mine own, till proven otherwise.

Unregulated capitalism is feudalism; encouraged by, and for, narcissists.

Also: mine own, till proven otherwise.

Therefore, I approve of, and encourage: Lina Khan: FTC Chair;

Jonathan Kanter: DOJ: Assistant Attorney General of the Antitrust Division.

Antitrust enforcement in the United States was first, and appropriately, pursued and discouraged by Teddy Roosevelt. Teddy was part of the wealthy, prone to narcissism class, and he understood that his peers were largely incapable of self-control.

I applaud and support the continued the efforts of Ms. Khan and Mr. Kanter.