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This kind of collusion between the state and a company is antithetical to capitalism.
by HL33tibCe7 4y ago
This kind of collusion between the state and a company is antithetical to capitalism.
- elcomet 4y agoYes but without a strong state to prevent this, the incentives do push the companies to collude
- dixie_land 4y agoWith a strong state, it’ll just be easier to collude without even having to maintain an appearance.
- malermeister 4y agoIt might be on paper, but that's a "No True Scotsman" argument, just like all the socialists saying "oh the Soviet Union wasn't real socialism!". In reality, this seems to be what happens every time, empirically. So maybe this is just what real life capitalism is like?
- blowski 4y agoMost economic systems go through the same 3 step process: 1. Start out with a good idea. 2. Go through a golden period of good results, in which there is much innovation, and established dominant players are upended. 3. Revert to form, in which the newly dominant players prevent further change. The key is not looking for the perfect system at step 2, but the one which causes step 3 to break down in the quickest time possible.
- fallingknife 4y agoYou talking about Uber or the cab cartels they were competing with?
- deleted 4y ago[deleted]