3 ms·
Private run corporations that don’t add value tend to have a hard time, even if it takes a few years. Recall Microsoft’s much-hated dominance 20-30 years ago a
by FredPret 6y ago
Private run corporations that don’t add value tend to have a hard time, even if it takes a few years.
Recall Microsoft’s much-hated dominance 20-30 years ago and how they’ve had to change.
Think of your own behaviour as a consumer, always trying to buy the best and the most for the least. You’re training the cybernetic organisms known as corporations to add value conspicuously and voluminously... or die.
- username90 6y agoMany private corporations creates a bottleneck and then squeeze it of value and gets money that way. They don't go under, they thrive since people have no options but go through that bottleneck. Using democratic votes to decide when to stop companies from doing that makes perfect sense.
- FredPret 6y agoAgreed, especially if legal machinations are used to create the bottleneck. True competition is the key here. In my day job as a consultant, I see many small and medium corporations, and I can tell you that the successful ones are the lean & mean value creators