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Peter Thiel wrote an article along these lines.. http://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 http://www.wsj.com/articles/peter
by rjdevereux 10y ago
Peter Thiel wrote an article along these lines..
http://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 http://www.wsj.com/articles/peter-thiel-competition-is-for-l...
"A monopoly like Google is different. Since it doesn't have to worry about competing with anyone, it has wider latitude to care about its workers, its products and its impact on the wider world. Google's motto—"Don't be evil"—is in part a branding ploy, but it is also characteristic of a kind of business that is successful enough to take ethics seriously without jeopardizing its own existence. In business, money is either an important thing or it is everything. Monopolists can afford to think about things other than making money; non-monopolists can't"
- koalaman 10y agoBut Google had its culture before it got rich didn't it? There are also a lot of small tech companies like 37 signals and fog creak that try to be ethical and and treat their employees well. I don't think thiel could argue that they are monopolies. Nor frankly do I buy that Google is a monopoly. But that's beside the point.