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They don't have the capital and market share to innovate the way the current monopoly (Deere) has. As long as our government is ran by lobbyist awarding the ri
by dsmithatx 10y ago
They don't have the capital and market share to innovate the way the current monopoly (Deere) has. As long as our government is ran by lobbyist awarding the rich, competition will remain a myth.
Your comment reads like someone who believes there is a free market. I don't think most Americans realize lobbyist are the opposition and their sole purpose is to ensure a free market does not exist in their respective industry.
- digitalzombie 10y agoI was going to point to free market and libertarian but I didn't want to incite politic. But yeah, many people that believe in this, thinks it's simple. One example is my buddy who thinks automation is good and don't account the people who are displaced by it. When press for what he would do for these people. It took 20 minute for him to say: 1. charity 2. community 3. family to help those people. He also counter that because there's less worker due to automation their wages would rise. Articles have shown that their wages would do the opposite actually. But notice there is no government safety net for these people. It's quite interesting. If you want this free market, you want your country labor force to run at maximum. So in my opinion, free market people, should at least support some social safety net to transition these people into a new labor sector. In general this free market thing isn't some law that came about from nature. It's a human invention... so the fear of having more laws or laws being abuse is crazy. I am incline to believe these people are arm chair economists, just like myself, but with more faith in this mystical concept of free market.