Monopoly of the Few Alters Market Dynamics

Ownership concentration among major investment firms like Blackrock, Vanguard, and State Street, which control 88% of the S&P and a significant portion of the Dow 30, fundamentally changes market behavior and economic principles. This oligopolistic control suggests that market collapses might not be feasible, as these firms can coordinate to avoid selling assets, thereby undermining traditional capitalism. This situation raises questions about the true nature of modern markets and the existence of a genuine competitive economy.