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> The competence of private companies shouldn't enrage you, that's one of the their strengths. When you have to compete, you have to develop competence to surv
by malandrew 7y ago
> The competence of private companies shouldn't enrage you, that's one of the their strengths.
When you have to compete, you have to develop competence to survive. Only those that don't have to compete (monopolies) or those that survive despite incompetence (bailouts) are the exceptions.
- worldsoup 7y agoneed to throw the federal bureaucracy into the 'don't have to compete to survive bucket'
- pjscott 7y agoThey fall under the category of monopolies.
- deleted 7y ago[deleted]
- fzeroracer 7y agoThis seems like a bit of an odd concession, considering the businesses that are being impacted the most by the coronavirus are smaller, local businesses which run on thin margins. These local businesses are also often the most competitive because of having to compete with both other local businesses and larger ones. The competence of private companies only really applies to a very narrow subset of corporations.