3 ms·
> undermining a lot of what makes us comfortable in modern life under capitalism I read Wealth of Nations, did I miss the part where it says: "you should have
by ClumsyPilot 4y ago
> undermining a lot of what makes us comfortable in modern life under capitalism
I read Wealth of Nations, did I miss the part where it says:
"you should have a single global company control most of the market"?
Every economist writes about importance of competition.
If you want to keep around giant monopolies, you are not capitalist.
- lotsofpulp 4y agoOn a global scale, it helps if your country is where all the biggest companies are coming from, especially to compete with big companies from other countries.
- ClumsyPilot 4y agoYou could make the same argument fir trade barriers, protectionism, subsidies, etc. It also comes across as "two wrongs make a right"