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but it may also mean far less chance to innovate production practice. If vertical integration is always good, the ideal situation is a single producer for any
by riffraff 7y ago
but it may also mean far less chance to innovate production practice.
If vertical integration is always good, the ideal situation is a single producer for any kind of product and no suppliers, which doesn't seem to work too well either.
- lotsofpulp 7y agoEfficiency and security are always traded for one another. Unfortunately, markets will tend to the short term benefits so the pendulum will swing towards efficiency until it’s gone too far and something causes it to swing back.