3 ms·
> 6 large companies who do not want competition I don't think we are disagreeing, but if we're being pedantic and frame the discussion to axiomatically state t
by tripzilch 9y ago
> 6 large companies who do not want competition
I don't think we are disagreeing, but if we're being pedantic and frame the discussion to axiomatically state that, by definition,
1) business firms value profit over people
we should also pose that
2) large companies do not want competition
continuing,
3, .., 98) the human condition, etc
finally,
99a) arseholes
99b) and why we can't have nice things
because, defending that "businesses value profit over people" as a fact of life instead of, well, fighting it as something undesirable (like stealing, mass murder or poisoning a town's water supply), kind of sounds to me like a lot of twisting and turning because deep down you really want to retain the option to value profit over people, for yourself, your own business, because surely you can be trusted to responsibly mind your own business unlike everybody else who believes the exact same thing and on that note I refer back to my earlier points 3 up to and including 99b.
- thomastjeffery 9y agoWhat I wanted to make clear is that points 1 and 2 compound each other. When there is healthy competition, businesses will consider fulfilling their customers' needs as the best way to increase profits. When there is not healthy competition, businesses will be able to increase profits using methods that go against their customers' needs, because their customers have no alternative. That is why we can't have monopolies. But we do have monopolies, so we need a workaround: regulation.