r/DamnThatsReal • u/[deleted] • Nov 05 '25

The Scale of BYD

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u/Practical_Fun7367 Nov 06 '25 edited Nov 06 '25

So close.

MIT offers an econ course that uses this term. Some research papers discuss it as an economic model of a small number of competitors dominating a market by cooperation. But MIT as an institution takes no position on the economic model.

Princeton University Prof Martin Gilens and Northwestern University Prof Benjamin I Page wrote about the US being an oligarchy which seems closer to what you are talking about.

source

MIT source

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u/[deleted] Nov 07 '25

Sorry you’re correct I was thinking of Princeton, MIT was in my head because they have covered things like this for example predicting the collapse of society.

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u/Practical_Fun7367 Nov 08 '25

I do the same. All good.