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Im not sure I follow. You’re suggesting that the government should somehow get involved to levy taxes on companies based on subjective criteria, like how big th
by URSpider94 5y ago
Im not sure I follow. You’re suggesting that the government should somehow get involved to levy taxes on companies based on subjective criteria, like how big they are, and then … fund startups to compete with them?
We already have a Small Business Administration that gives loans to small businesses, including start-ups. There’s also an extremely vibrant venture funding industry out there just waiting to write checks.
Additionally, it would be hard to argue that Stripe has anything like a payment processing monopoly. If you don’t like their products, use one of the myriad other companies offering payment processing solutions.
- loceng 5y agoIt's more complex than this but yes, allow smaller competitors to exist long enough to compete by offering similar enough products as a large, evolved ecosystem/platform provides, as to eventually have competition in place to keep fees/how much they extract from society in check. I didn't argue Stripe has a monopoly but even ogilopolies once mature enough are problematic. Also of you're trying to argue VCs make investments in companies that ultimately make good decisions for society vs. self-interested - then I disagree.