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The most extreme (or normal actually) version of capitalism is to milk anything riskless. Build moats. Lock in customers create network effects and entrench you
by dalbasal 8y ago
The most extreme (or normal actually) version of capitalism is to milk anything riskless. Build moats. Lock in customers create network effects and entrench your position regardless of how good your future products will be.
Musk is criticised for doing exactly the opposite. Risking shareholders money by (for example) insisting on going to mars, when there are lower risk options available.
- frgtpsswrdlame 8y agoIt's not actually that risky to already be rich and then find a way to milk the government for billions of dollars in subsidies.
- hndamien 8y agoYou do understand why Governments subsidise things don't you?
- frgtpsswrdlame 8y agoYes - to make it much less risky for business to engage in those endeavours. That only proves my point though.