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The real question is how can Google get away with such poor cultural and managerial practices that would be certain death for any startup or small business. And
by throwawaysea 6y ago
The real question is how can Google get away with such poor cultural and managerial practices that would be certain death for any startup or small business. And the answer of course is that they are a monopoly. And I don’t mean this in a “meets the current legal definition in America” sense but in the fuzzy “relatively immune to market forces” / “in equilibrium with a few other incumbents” / “not realistically challenge-able by new small companies” sense. We need new anti trust regulation that is updated for the reality of these giant megacorps. Solving the problem of competition will also help with greater distribution of wealth, but in a meritocratic way. But to get there we need the market to work, and it can’t if you have entities with infinite capital, the ability to starve the market of talent, the profit margin to loss lead, and massive network effects.