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Sounds like all industries, the longer they have gone on the less profitable they are. I’m not excusing ripping off farmers but it seems to be a pattern in all
by andy_ppp 3y ago
Sounds like all industries, the longer they have gone on the less profitable they are. I’m not excusing ripping off farmers but it seems to be a pattern in all industries i.e. textiles, newspapers, building, car manufacturing, even most engineering… unless there is constant technological innovation (or market capture like the music industry) their profitability tends to zero.