2 ms·
Yeah, it sounds like nearly a nearly textbook definition of one of the problems capitalism (and a "free market" with low barriers to entry) are supposed to solv
by nebabyte 10y ago
Yeah, it sounds like nearly a nearly textbook definition of one of the problems capitalism (and a "free market" with low barriers to entry) are supposed to solve. You don't challenge someone's control of their company, you just challenge the company. "Good" employees and customers who object to their culture jump ship to yours; "bad" employees go down with the ship.
Of course, because of the innumerable real-world confounds to the model (not least of which is the artificial-or-otherwise high barrier to entry that most industries seek to ensconce themselves in), this doesn't happen anywhere else, but at least here with novel companies competing in their early stages, I don't see why anyone would bother "saving" a company that will be dragging against you every step of the way you can just invest in one of its competitors and let that dragging force drag your competition down, to your advantage.
If the "capitalism will save us" model can't succeed here of all places, I don't know why people still bother with it anymore.