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>An innovative, new upshot getting sucked up/ blatantly ripped off by an established player with more muscle, money (and in this case - users) to throw at the p
by sigmar 10y ago
>An innovative, new upshot getting sucked up/ blatantly ripped off by an established player with more muscle, money (and in this case - users) to throw at the problem is not a great incentive for entrepreneurs.
>Consolidation at this level resembles communism more closely than the kind of free market innovation we should be seeing.
An established player pushing out a smaller startup sounds very much like capitalism, not communism. You could maybe argue it is consolidating into a monopoly, but not that it is communism.
- radiusvector 10y ago'Pushing out' by using superior innovation/market advantages? Or by currying favor with the governments of the world? In effect, creating that monopolistic structure. FB is very clearly in the latter camp. That is communism.
- mattnewton 10y agoCommunism implies government ownership. Crony capitalism, maybe. They still competed and this time Goliath won; we often forget what makes that story special, that David is not the favorite to win.
- d3ad1ysp0rk 10y agoYou don't understand communism.
- radiusvector 10y agoCommunism understands you.