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At that scale, everything is a scam in almost every way. They arbitrage unfavorable laws, monopolize supply chains, monopolize consumer attention, monopolize fi
by jongjong 4y ago
At that scale, everything is a scam in almost every way. They arbitrage unfavorable laws, monopolize supply chains, monopolize consumer attention, monopolize financial interests, engage in regulatory capture, benefit from international monetary expansion, government contracts, engage in coercive sales tactics (how many times a company has forced me to use a Mac for work in spite of it being less efficient for me), etc...
- danielmarkbruce 4y agoIf it is just a big scam, why don't more companies do it? Apple is generating about $100 bill a year in net income. No one else is. Tim Cook is just the worlds greatest scam artist by orders of magnitude?
- jongjong 4y agoYou don't have to be a scammer to benefit from scams. E.g. if your dad is a mafia boss and buys you a house for free, you're not a scammer yourself, yet you certainly benefited from scams. Or in some cases, you might think that you're merely toeing the line between good and bad, but behind the scenes, your employees are secretly stepping over the line constantly without your knowledge. The reason why not every company is like this is because not every company has enough money and political power to be able to call up any politician whenever they want, lobby for beneficial regulations, hire the best (most well connected) lawyers in the world, etc... All these factors create an unfair playing field.