In the old days they were called 'steel magnates'. The industrial age was completely dependent on them. As Max here puts it, the foundation for today's economy is semiconductors. The portion of production in the U.S. is now down to 12%. And so few manufacturers are now involved, "monopoly pricing" is staring us in the face. When you get old enough you realize all that bullshit you were taught in school about "competition", has all been a lie. The last thing business has ever wanted is competition. John D. Rockefeller said it flat out in about 1880, "Competition is a sin."

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