Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

"Too Big to Care" and the Illusion of Choice

In a functional economy with real competition and transparency, every one of these cartel-corporations would be driven out of business by their 'too big to care' incompetence.

Charles Hugh Smith's avatar
Charles Hugh Smith
Dec 30, 2024
∙ Paid

We've all heard of Too Big to Fail, a description of the consequences of consolidating capital and power in a few corporate entities, the net result of which is monopolies and cartels becoming so large that their collapse would send the entire economy into a crisis without easy solution, as the void left cannot be filled by competitors because there are…

Keep reading with a 7-day free trial

Subscribe to Charles Hugh Smith's Substack to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Charles Hugh Smith · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture