This probably is how it will all play out, though there are still the big online retailers like Amazon. Bezos gets his fair share criticism (most of which I agree with, to be frank), but the addiction to online shopping may spare him and his more ethical counterparts in the online retail industry from the wrath of mainstream society.
“ Well, the private sector got drunk on power because that’s what humans do when you don’t put a check on them.”
And that’s precisely why I worry about this apparent attempt by some to shift huge amounts of power from the private sector to the government. Corruption isn’t endemic to the private sector or the upper class; it’s endemic to humanity as a whole. Power needs to be balanced, which is another reason why I’m okay w/ raising some taxes on the wealthy and reintroducing certain regulations to curtail irresponsible/unethical practices by bankers and lenders. But if we push the pendulum too far in the other direction by shifting too much power back into the hands of government, I fear we’ll end up in an equally bad place as the one we found ourselves in back in ‘08.