> Capitalism is all about competition I think you missed the memo. Capitalism is about socializing losses, and privatizing profits. It's about building moats

> Capitalism is all about competition I think you missed the memo. Capitalism is about socializing losses, and privatizing profits. It's about building moats to prevent competition. It's about lobbying to raise the drawbridge after you won. That's the reality of US capitalism. If you want to see a billionaire smile, just say "Capitalism is all about competition." I guarantee it will make his day. You might even get a pat on the head!