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Businesses cannot and need not grow forever. I don’t buy your argument. Stable businesses can and do exist.
by grumple 6y ago
Businesses cannot and need not grow forever. I don’t buy your argument. Stable businesses can and do exist.
- Ekaros 6y agoLet's take a natural monopoly. Like electric grid. Can these companies really grow forever? At some point they should have build transmission lines to everyone that they can profitably afford to. Then they can either expand to some other field or keep paying 5-20% to their owners as dividends each year... I don't see later option as bad one. Clearly they can provide service and invest to keep it running or even to optimize it. But growth might be impossible.