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The market decides how much to produce, capitalism scales up the best producers. Producers want monopolies but somehow we need to keep a flow of promising new
by erik_seaberg 8y ago
The market decides how much to produce, capitalism scales up the best producers.
Producers want monopolies but somehow we need to keep a flow of promising new producers launching so that doesn't happen, because it screws up the market (the monopolist produces less and takes more for it).
- nicoburns 8y agoOr we could regulate the market to not allow monopolies (and break up large businesses). We have laws for this, they're just not enforced.
- erik_seaberg 8y agoThe race is kind of pointless if we're just going to shoot the winners.