2 ms·
By control point you can understand a corporation or a government, no need for false dichotomies: in the age of capital there is no beyond. Enron was a weak co
by ly3xqhl8g9 4y ago
By control point you can understand a corporation or a government, no need for false dichotomies: in the age of capital there is no beyond.
Enron was a weak company, nowhere near the escape reality velocity: at peak, in 2000, they had a market capitalization of $60 billion, at the same time Microsoft was at $600 billion [1].
Also, any company worth their capital knows very well that "competition is for losers" [2] and dreams of the ultimate consolidation [3].
[1] The Largest Public Companies by Market Cap (2000–2022), https://www.visualcapitalist.com/cp/largest-companies-from-2000-to-2022/ https://www.visualcapitalist.com/cp/largest-companies-from-2...
[2] Competition Is for Losers, https://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 https://www.wsj.com/articles/peter-thiel-competition-is-for-..., https://www.youtube.com/watch?v=3Fx5Q8xGU8k https://www.youtube.com/watch?v=3Fx5Q8xGU8k
[3] The Consolidation Curve, https://hbr.org/2002/12/the-consolidation-curve https://hbr.org/2002/12/the-consolidation-curve