Capitalism goes from competition, to buyouts and mergers and then oligopoly on its way to monopoly.
Economics is a set of falsifiable models. No economics model has ever participated in a buyout.
I take it that you are one of those people who becomes violently opinionated over topics of his complete ignorance. You're going to be a lot of fun when the topic is economics. Let's get to it.
Awesome! Another Marxist using the Marxist "we" to delude himself into believing that his words artificially carry much more weight.
Sorry. You only speak for you. You understand nothing about what you write and your opinion is stupid.
that a business's only obligation is to max profits.
I can see why a simple-minded person such as you would need to oversimplify an otherwise complicated concept.
What does "max profits" mean, to the best of your education and understanding? What do profits represent in your limited understanding of the matter?
Thereby making stockholders richer.
That is the job of the corporation's board. Of course this does not apply to the majority of businesses that are not even corporations, so why are you pretending that corporations are somehow all that exist?
We do not say they owe anything to America or the people.
Are you claiming to be any good at accounting? (just say "no")
Any business owes everything that it owes. You can check the books, look up the liabilities etc... Did you never learn this?
Pollution is expected because running cleaner is more expensive.
You didn't qualify the pollution with a specific amount that you "expect." You need to do that. At the moment, your statement becomes true if there is any microscopic amount of anything, which renders your panic-mongering totally absurd.
They fight that with all the considerable power they have.
They have no power. What magical superpowers are you claiming they have? Specify.
Wages? Keep them down as low as possible.
Incorrect. You are a moron. Workers have all the power; they cannot be forced to labor and no one can force them to accept any level of compensation they find undesirable *AND* workers can always just walk away at any time.
Any business that does not offer competitive wages won't attract the workers needed to be profitable and will quickly go out of business. All the businesses that simply kept wages as low as possible have gone out of business.
There should never be any minimum wage. It's a very unsound economic principle. It's a bad idea that hurts everybody.
Workers' power cannot be fought. Any worker can simply walk away if the mood strikes him.
Unions are very bad. Unions hurt everybody. They should be abolished.
We have not had capitlism with competition in a few decades.
What does this even mean?
Comepetition forces compnies to have price wars, to innovate and improve products, and to lure people with good service.
That's exactly what we have. I presume you are blind.
Regulation is the only tool the people have.
Elimination of regulation and nurturing free markets is the only chance the people have.
You can see how hard the Repubs and corporations have fought them.
The Democrats funnel Federal funds to Corporate donors through cryptocurrencies in a creative cycle that rewards corporations for their political alignment so that they don't have to compete against other businesses with better products or lower prices or better value.
They connvince the mases that reglations are bad.
Educated people learn that regulations are bad from studying basic economics. You would be wise to study up a bit.