Dave Smith argues that BlackRock and similar institutions gain power through corrupt, top-down collaborations with government entities rather than organic market success.

“I mean I think it's as simple as that they're like uh they're the biggest or the the a few others and it's just you just see kind of like this thing being consolidated into like just what it's like Vanguard and and you know there's like a couple really big ones but it's also just that they're like i”