3 ms·

True market competition doesn't exist in capitalism

• _zzaw 4y ago
  This can't be said enough. The "capitalism encourages healthy competition that works to the advantages of innovation and the consumer" only works when companies are prevented from cheating. And the natural inclination of anybody who wants money and power is to cheat.
  • esprehn 4y ago
    The usual way of putting this is that once a player emerges as a winner, that they turn towards regulatory capture. Or in the worst case players collude to prevent new players.