tag:blogger.com,1999:blog-7378807093271153119.post2674567666396177173..comments2023-06-20T02:25:36.578-07:00Comments on The Scholar's Stage: Visions of the Coming Future -- John Robb's New ProjectT. Greerhttp://www.blogger.com/profile/04621529800248145193noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7378807093271153119.post-26726435199676139022014-02-11T15:34:54.172-08:002014-02-11T15:34:54.172-08:00"The real difficulty seems to be political ce...<i>"The real difficulty seems to be political centralization cozily occurring at the same time (<b>which, admittedly, may be a non-exogenous development</b>)."</i><br /><br />This is the heart of the problem. <br /><br /><a href="http://scholars-stage.blogspot.com/2013/07/economies-of-scale-killed-american-dream.html" rel="nofollow">When I wrote about this issue last summer</a> I was T. Greerhttps://www.blogger.com/profile/04621529800248145193noreply@blogger.comtag:blogger.com,1999:blog-7378807093271153119.post-44324686959160066422014-02-10T12:21:44.566-08:002014-02-10T12:21:44.566-08:00That point about the centralization of wealth mean...That point about the centralization of wealth meaning the centralization of decision making is incredibly interesting.<br /><br />But in the absence of significant barriers to entry, such as regulation and TBTF-style subventions for established players, I would expect that bad decisions on the part of the big players would open up room for other players to enter. So economic centralization wouldAdam G.http://www.jrganymede.comnoreply@blogger.com