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So why not make a competing company? Just tell people that if they shop from you, they won't get the excellent speed, service and low prices they've come to exp
by maxharris 9y ago
So why not make a competing company? Just tell people that if they shop from you, they won't get the excellent speed, service and low prices they've come to expect from Amazon, but that they will benefit in other ways, somehow.
If you can't explain what those benefits are well enough to convince people to freely choose to buy from your company instead, you are not helping to make the world a better place. If you advocate running to the government to get them to smack down others who are more successful, you're just limiting choice, and that makes you part of the problem. (Assuming that you agree that the point of technology is to make lives easier, longer, more enjoyable, etc.)
Notice what Jobs did with regarding the Microsoft antitrust lawsuit stuff. He was very careful not to let all that groupthink pile on and rule his mind. Instead of joining in with all that sour grapes stuff, he focused on creating the future instead.
- chii 9y agoIf the company achieved their success via externality of various costs that their competitor is unable or unwilling to, then you'd have an unfair market. This is where govt needs to step in.
- stale2002 9y agoAll that matters is the result. Does X cause prices to be low or prices to be high. I do not care about "unfair". What I care about is consumers. And consumer welfare. Unless what you are describing helps consumers in a specific, measurable way, ex by lowering prices, then it is harmful.
- chii 9y agoif walmart is allowed to pay such a low wage to their workers that they have to be on food stamps, is it still "fair" to society? They surely gain more customers that way, but at the cost of tax payers - mum and dad corner stores or small groceries that don't pay such low wages can't compete.