3 ms·
> "Taiwan embraces capitalism, we have a monopoly in the surely insignificant niche of the most insignificantly sized transistors, we do not seek monopoly rent
by HWR_14 3y ago
> "Taiwan embraces capitalism, we have a monopoly in the surely insignificant niche of the most insignificantly sized transistors, we do not seek monopoly rents but we'll take your money if that's what we must do to let the system self-correct.". Basically turned their back on capitalism as a concept unto itself
I am very interested in hearing your description of capitalism that does not include taking windfall profits when demand shoots up and some examples of it in the real world.