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> Capitalism is about weeding out the better companies from the worse -- not ones that are arbitrarily more or less hit by an unpredictable global catastrophe.
by cvlasdkv 6y ago
> Capitalism is about weeding out the better companies from the worse -- not ones that are arbitrarily more or less hit by an unpredictable global catastrophe.
For the definition of better or worse implied by your above statements that is... almost entirely untrue. Given the entirety of the history of capitalism (and definition of capitalism) the only purpose of capitalism is to accumulate more capital within an existing system.
In fact we've seen many companies arbitrarily sink or swim -- and many successful business people will say as much. Otherwise there would be many more repeatable successes for businesses. Capitalism is not God.