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> there is equal access to incentives like this for any entity with sufficient scale. Even when that's perfectly so and the rest of Democracy is perfectly fair
by fennecfoxen 11y ago
> there is equal access to incentives like this for any entity with sufficient scale.
Even when that's perfectly so and the rest of Democracy is perfectly fair, this dynamic is intrinsically unfair and benefits the rich and powerful established interests at the expense of smaller entities. It's the gateway from capitalism to cronyism.
- danhak 11y agoMaybe I'm out of touch, but I just don't consider a fledgling electric car manufacturer to be an "established interest."
- fennecfoxen 11y agoElon Musk is worth $13 billion. Tesla Motors is worth $19 billion (roughly half of Nissan). Both are household names. You read about their exploits in these pages, and in publications such as the New York Times or Wall Street Journal, as a matter of routine. QED And sure, you don't expect the Mom and Pop family-owned shop down the street to spring up to compete with Tesla like you might expect a local bakery to compete with General Mills, but you do expect Tesla to have some competition in areas like the labor market.
- deleted 11y ago[deleted]