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By having lower prices and forcing other companies to compete.
by maximus-decimus 4y ago
By having lower prices and forcing other companies to compete.
- JohnFen 4y agoWhere, at best, "compete" means that other companies will consolidate and we'll have less competition rather than more. And this focus on lower prices seems risky to me. This race to the bottom of the price scale is why so much stuff has become so poor. I may be overreacting, though. I find this move by Amazon to be genuinely scary.
- maximus-decimus 4y ago"stuff has become so poor" because users don't care. Counter point : all cars are now luxury cars, they don't make sedans anymore and trucks have leather massaging seats because for whatever reason people care about luxury in cars and vote with their money. Also houses are twice as big now. Clearly capitalism doesn't always mean a race to the bottom.
- JohnFen 4y ago> all cars are now luxury cars Well, first, that's not true. There are plenty of economy cars being sold. I see them all the time. But even so, look at what's sold as "luxury cars" these days. Most of them (including Teslas!) would not have been considered luxury cars a few decades ago. > Also houses are twice as big now. Size is not an indicator of quality. > Clearly capitalism doesn't always mean a race to the bottom. I never said it did. I'm commenting on how things are going in the US, not commenting on the concept of capitalism at all.